I don't care what anyone tells you--while plenty were expecting a Nonfarm Payroll report over 200,000, but almost no one predicted the markets would react this way.
NEW YORK (AP) - Stocks are rising sharply after the U.S. government reported a big increase in hiring last month. The Dow Jones industrial average was up 200 points, or 1.3 percent, at 16,020 as of 1:50 p.m.
PACHUCA, Mexico (AP) - Federal police blocked access Friday to a central Mexico hospital where six people were reported to have been admitted with radiation exposure.
The November jobs report showed steady job growth as 2013 draws to a close. U.S. payrolls rose by 203,000 last month and the unemployment rate dropped to 7%, the lowest level in five years.
The 50-year-old maker of preppy chinos and fleece jackets brought in $50 million in profit on $1.6 billion in revenue in the company's last fiscal year, down from $135 million in profit on $1.7 billion in revenue in 2008.