U.S. Jobless Claims Fell by 15,000 to 358,000

Oct. 17 (Bloomberg) -- More Americans than forecast filed applications for unemployment benefits last week as California continued to work through a backlog, indicating it will take time to gauge the impact of the federal shutdown. Jobless claims decreased by 15,000 to 358,000 in the week ended Oct. 12 from a revised 373,000 in the prior period, a Labor Department report showed today in Washington. Michael McKee reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)
'Time to De-Socialize' U.S. Housing Market: Lockhart
02:24 - James Lockhart, vice chairman of WL Ross & Co., talks about the state of the U.S. mortgage market and the outlook for Fannie Mae and Freddie Mac. He speaking with Tom Keene, Vonnie Quinn and Bloomberg Intelligence's Carl Riccadonna on Bloomberg Television's "Surveillance," also discusses the Greek debt crisis. (Source: Bloomberg)
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