A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile recovery.
The state of New York sued major US banks on Friday for fraudulently foreclosing on thousands of homeowners in the state, in the wake of the nationwide housing crash.
US businesses shifted into hiring gear in January, creating jobs at the fastest clip in nine months, official data showed Friday amid signs the recovery from deep recession is gaining traction.
