Stocks slide on unexpected rise in jobless claims - Spokane, North Idaho News & Weather KHQ.com

Stocks slide on unexpected rise in jobless claims

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NEW YORK, N.Y. - Stocks are tumbling as disappointing jobless claims numbers have investors worrying about the government's upcoming January jobs report.
     
At the same time, more trouble for debt-strapped European governments is unnerving investors and driving safe haven holdings like the dollar and Treasurys sharply higher.
     
Claims for unemployment benefits rose by 8,000 to 480,000 last week, the Labor Department says. Investors had hoped for a drop.

The report has chilled expectations that the government's January jobs report, due out Friday, will show that employers added workers last month.
     
Meanwhile, retailers are seeing more signs of hope that a spending recovery that began late last year is being sustained.
     
Shoppers in January were buying a little more clothing at mall stores, delivering some solid gains for many retailers.
     
Fourth-quarter profits from last year are also looking brighter.

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    SPOKANE, Wash. - A 22-year-old Spokane Valley man already in custody for allegedly beating his girlfriend's 21-month-old daughter is now being investigated for possibly sexually abusing her as well. Detectives said DNA was recovered during a sexual assault kit that indicates the victim was sexually abused.  Court documents identify the suspect as Brandon Oquendo. 

    >>

    SPOKANE, Wash. - A 22-year-old Spokane Valley man already in custody for allegedly beating his girlfriend's 21-month-old daughter is now being investigated for possibly sexually abusing her as well. Detectives said DNA was recovered during a sexual assault kit that indicates the victim was sexually abused.  Court documents identify the suspect as Brandon Oquendo. 

    >>
  • Electronics stolen from North Spokane home before Christmas

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    >>

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  • Toddler signs for help while sitting on Santa's lap

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    >>

    OWING MILLS, Md.  - A family in Maryland is going viral after they brought their 1-year-old son to take a photo with Santa Claus and the results are hilarious. Kerry Spencer tweeted out the photo last week. She captioned it, "We taught our baby sign language. This is the sign for 'help.' You're welcome."

    >>
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