| February 08, 2013
theGrio and CNBC Market Update: 2/08/13
There was quite a bit of data for investors and consumers to ponder last week; the USPS announced it will cut Saturday mail delivery to save $2 billion in costs annually. On the job front Home Depot said it will hire 80,000 seasonal workers for the spring. This comes as new claims for jobless benefits fell by 5,000 to 366,000 showing signs of a labor market recovery.