More than 330,000 people filed new claims for unemployment insurance benefits last week. That sounds like a big number — and is a slight increase over the previous week — but it's being taken as some very good news. For a month, now, fewer new people are asking for unemployment insurance than at any time since November, 2007. That's before the Great Recession.
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In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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The push for a big rewrite of the nation's immigration laws has moved from one side of the Capitol to the other. Late last month, the Democratic-led Senate passed a sweeping immigration overhaul. Now it's up to the GOP-led House to act.