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Jobless Claims Remain Near 3-Month High

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  • Description

    FBN's Tracy Byrnes breaks down late-morning market news.

  • Duration 1:04
  • Date

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I'm Tracy -- for the Xbox business -- -- jobless claims remains stuck near three month high last week.

Another sign of possible slowing economic growth.

-- an 88000 Americans filed for first time benefits coming in higher than expected but the number -- -- under the 400000 mark for a fifteen week.

And it's a tough day for H&R block this comes after the tax repair said it will be cutting jobs and closing stores in efforts to reorganize its business.

I think our HR block also issued a weaker than expected outlook for its fiscal 2012 results.

Chesapeake Energy is ending its controversial founder well participation program.

Executive compensation program gave its chief executive Aubrey McClendon a stake in natural gas wells.

Chesapeake won't extend the program beyond 2015.

And that's the latest from Fox Business Network giving you the power to prosper.

Business reach is brought to you by -- -- the right gold at the right.

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