NEW YORK (AP) -- The dollar slipped against the euro and the pound but rose against the yen Friday after a report showed that the nation's unemployment rate jumped to its highest level in nearly 25 years.
The 16-nation euro inched up to $1.3481 in late New York trading from $1.3446 Thursday, while the British pound rose to $1.4817 from $1.4712.
The dollar rose to 100.28 Japanese yen from 99.64 yen.
The unemployment rate jumped to 8.5 percent in March, the highest since late 1983, as a wide swath of employers eliminated 663,000 jobs, the Labor Department said Friday.
The List, ping
Since Fannie and Freddie are both Democrat Run, Democrat created, Democrat protected enterprises -—
Nothing much will happen!
(Even though Fannie and Freddie were more responsible for all of this mess than any other company out there!)
Exactly, where is the outrage?
While the Exec’s at AIG’s have to hire security guards over their recent bonuses which are a fraction of this amount, Freddie and Fannie continue on as if they are immune to scrutiny. This is ridiculous. Their behavior helped create this disaster.