Ten percent jobless rate adds to pressure on Obama (AFP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 10:14:38 GMT Job seekers attend a seminar on finding jobs in San Francisco, California. The jump in US unemployment above 10 percent for the first time since 1983 will pressure President Barack Obama to find additional stimulus to keep a fragile economic recovery on track, analysts say.(AFP/Getty Images/Justin Sullivan)

Banks in Ga., Mich., Minn., Mo., Calif. closed (AP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 03:11:16 GMT AP - Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.

Police: Fla. shooting suspect was angry at company (AP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 13:14:58 GMT This image made from video provided by Channel 13 News in Orlando, Fla., shows Jason Rodriguez being taken into custody by police officers in Orlando, Fla. Rodriguez, 40, opened fire Friday in the offices of an engineering firm where he was let go more than two years ago, authorities said, killing at least one person and injuring five others. (AP Photo/Channel 13 News, cfnews13.com) MANDATORY CREDIT NO SALES

You've seen the TV ads. So what is Ally Bank? (AP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 00:50:26 GMT In this advertisement released Ally Bank, a print ad is shown. There's a reason Ally Bank, a reinvented unit of GMAC Financial Services, can afford to go after customer deposits so aggressively. It's backed by GMAC's $12.5 billion government bailout. (AP Photo/Ally Bank)

Oil settles lower after US unemployment report (AP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 00:39:50 GMT World oil prices rose back above 80 dollars on Wednesday as investors turned their attention to an upcoming US energy inventory report.(AFP/File/Thomas Coex)

Consumer borrowing drops $14.8B in September (AP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 00:38:24 GMT FILE - In this March 27, 2009 file photo, the Federal Reserve Building on Constitution Avenue in Washington. The Federal Reserve says borrowing fell at an annual rate of $14.8 billion in September. That's the biggest decline since July and is larger than the $10 billion drop economists expected. (AP Photo/J. Scott Applewhite, file)

Berkshire Hathaway says 3Q profit triples to $3.2B (AP) US Economy News - Yahoo! News - Sat, 07 Nov 2009 01:31:46 GMT FILE - In this May 2, 2009 file photo, Berkshire Hathaway CEO Warren Buffett speaks to a reporter prior to the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company said Friday Nov. 6, 2009 that its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts. (AP Photo/Nati Harnik, file)

Stocks eye retailers as jobless ranks swell (Reuters) US Economy News - Yahoo! News - Fri, 06 Nov 2009 23:59:07 GMT Preet Bharara, US Attorney for the Southern District of New York, speaks at a press conference. Law enforcement officials in New York announced charges against 14 people in a widening probe into the largest ever alleged hedge-fund insider trading scheme on Wall Street.(AFP/Getty Images/Mario Tama)

Obama signs bill assisting homebuyers, jobless (AP) US Economy News - Yahoo! News - Fri, 06 Nov 2009 23:56:36 GMT White House Press Secretary Robert Gibbs speaks during the daily briefing at the White House in Washington, Friday, Nov. 6, 2009. (AP Photo/Susan Walsh)

What recovery? Unemployment shoots past 10 percent (AP) US Economy News - Yahoo! News - Fri, 06 Nov 2009 23:39:33 GMT Jose Betancourt, 57, talks to a reporter outside the South Florida Workforce office in Miami, Friday, Nov. 6, 2009. Betancourt spends two hours on buses to get to a South Florida Workforce career center in the Miami area, a couple of times a week, to get job training. He's been out of work since July after being let go from his job as a supermarket maintenance worker and lives on about $600 a month in unemployment benefits. That barely pays for the rent for his tiny efficiency, food and utilities. The unemployment rate has surpassed 10 percent for the first time since 1983 and is likely to go higher. (AP Photo/Alan Diaz)