Originally published on Fri February 3, 2012 8:41 am
The nation's unemployment rate dipped to 8.3 percent in January from 8.5 percent the month before as private employers added 257,000 jobs to their payrolls, the Bureau of Labor Statistics just reported. Overall, after a small drop at government agencies, employment grew by 243,000.
We'll add more from the report momentarily.
Update at 9:40 a.m. ET. White House, Republican Reactions:
Originally published on Fri February 3, 2012 7:23 am
The news from Egypt is grim again today:
-- "At least two people have been shot and killed in the Egyptian city of Suez, as police used live rounds to hold back crowds during a protest over security forces' failure to prevent a deadly football riot," al-Jazeera reports. And it adds that "one person was killed in Cairo just feet away from the Interior Ministry, as police in Cairo set off salvos of tear gas and fired birdshot."
Saying he is "completely puzzled by the notion that there was something immoral that went on here," the man at the top of the agency that regulates Freddie Mac has explained why he believes the taxpayer-owned mortgage company did nothing wrong when one of its arms, as NPR and ProPublica have reported, "placed multibillion-dollar bets against American homeowners being able to refinance to cheaper mortgages."
"We have our own threats to impose at the right time" and "I have no fear of saying that we will back and help any nation or group that wants to confront and fight against the Zionist regime (Israel)," Iranian Supreme Leader Ayatollah Ali Khamenei said today after reports surfaced that Israel could soon mount air strikes on Iran's nuclear facilities.
Good morning. I'm Renee Montagne. OK, there's the graffiti artist who will make millions because he opted for stock over cash for painting murals at Facebook's offices. Then there's the contractor in Oshkosh who took Facebook stock for work on the home of Marianne Oleson. She claims she'd acquired the stock because her daughter knew Facebook's founder. But the stock is fake. Oleson is accused of fraud, and the contractor, not in for millions, but out thousands. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.