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Stocks eye retailers as jobless ranks swell (Reuters)

Preet Bharara, US Attorney for the Southern District of New York, speaks at a press conference. Law enforcement officials in New York announced charges against 14 people in a widening probe into the largest ever alleged hedge-fund insider trading scheme on Wall Street.(AFP/Getty Images/Mario Tama)Reuters - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.


Fri Nov 06 17:59:07 -0600 2009
Freddie Mac posts $5 billion loss (Reuters)

A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. REUTERS/Jessica RinaldiReuters - Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.


Fri Nov 06 18:00:47 -0600 2009
Berkshire Hathaway's net income triples (Reuters)

Billionaire financier and Berkshire Hathaway Chief Executive Warren Buffett eats ice cream as he walks during the Berkshire Hathaway Annual Shareholders meeting in Omaha, Nebraska in this May 2, 2009. REUTERS/Carlos Barria/FilesReuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.


Fri Nov 06 17:47:41 -0600 2009
U.S. regulators close Gateway Bank, Prosperan Bank (Reuters)
Reuters - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.
Fri Nov 06 18:45:18 -0600 2009