Marketplace Morning Report for Thursday, November 1, 2012
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Insurance claims from Sandy will reach an estimated $15 billion. But many people will have to cover damage to their household possessions because they don't have renter's insurance. Well we are just about five days away from election day which means one way or another the economy is going to get a little certainty. So what does that mean for ordinary investors and people with retirement accounts?
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As Sandy passes, a flood of economic data to talk about: Jobless claims, job cuts, and tomorrow's official jobs report from the Labor Department. An update from the Jersey shore where residents are struggling to dig out, reopen businesses, and rebuild.
Posted In: Jobs, Unemployment, weekly jobless
Initial claims for unemployment insurance dropped last week and productivity increased modestly. Does the data mean hiring is back on track?
Posted In: Hurricane Sandy, new jersey, natural disasters
In Atlantic City on the New Jersey shore, the casinos remain closed and are estimated to be losing $5 million a day. Residents are still coping with the aftermath of the storm -- digging out, rebuilding, and waiting to get back online.