Stocks posted a modest gain after the Labor Department said the unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed.

The economy is still shedding jobs, but at a much slower pace than earlier this year, the government reported. That bolsters the view that the economy is making a slow but steady recovery.

Despite the slow economy and even slower auto sales, a wide range of new cars is waiting on the other side of 2009.

The unemployment rate has hit double digits for the first time since 1983 and is likely to go higher.

The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."

To pay for the near trillion-dollar health-care system overhaul, many outside the White House believe the middle class will not be spared when it comes to hidden taxes.

The idea of Miami Subway franchisee for $5 footlongs unexpectedly morphed from a short-term gimmick into a national phenomenon that has turbocharged the chain's performance.

President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to homebuyers and additional jobless benefits to those idled by the business slump.

Warren Buffett's company said that its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway's derivative contracts.

An alternative retirement plan may become available in January offers a guaranteed pension-like retirement benefit alongside a 401(k).