Manufacturing reports were down across the board with only St. Louis reporting a pickup in activity.
The most significant increases in filings for the first two months of 2008 occurred in California, Maryland and Florida.
Financial services have eliminated 22,056 jobs since New Year’s, according to Challenger Gray & Christmas.
The American Bankers Insurance Association has elected three financial services industry leaders to serve as new board of directors.
The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.
The suits were filed in U.S District Court in Manhattan by the $58 million VCG Special Opportunities Master Fund.
Financial services and mortgage companies must do more to reduce preventable home foreclosures, Fed chief Ben S. Bernanke said.
January was the second month in a row in which spending on non-residential structures decreased.
Dan Skiles, vice president of Technology for Schwab Institutional, discussed the many issues his team has confronted.
ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.
