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Some other details :
  1. Mortgage applications drop 30 percent (Finance and Commerce)
    Residential mortgage applications dropped 30 percent from a year earlier for the week ending Oct. 24, according to a weekly survey conducted by the Mortgage Bankers Association.
    www.finance-commerce.com
  2. Treasuries Fall on Debt-Supply Concern as U.S. Economy Shrinks (Bloomberg)
    Oct. 30 (Bloomberg) -- Treasuries dropped, pushing 10-year yields to the highest in two weeks, amid concern the Federal Reserve's efforts to unfreeze credit markets and prop up the financial system will swell sales of government debt.
    www.bloomberg.com
  3. Jobless rate bolts to 14-year high of 6.5 percent - BusinessWeek
    The nation's unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, stark proof the economy is almost certainly in a recession. The new snapshot, released Friday by the Labor Department, showed the ...
    www.businessweek.com

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