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Wall Street Roundup: Stocks instead of jobs. Killing Dodd-Frank.

October 7, 2010 |  9:20 am

Waiting for jobs. The number of people filing for unemployment benefits went down more than expected last week, but many analysts are waiting for the big monthly payroll numbers that will arrive Friday.

Stocks instead of jobs. What are companies doing with all that cash they are piling up if not hiring new employees? They are buying back their own stock, the Washington Post reports. 

Killing Dodd-Frank. If Republicans win big in the midterm elections, could they dismantle parts of the recently passed financial reform legislation? Here are some answers

The culprit? A look at the Midwestern investment firm that has been fingered as the catalyst of the May 6 "flash crash." 

Madoffs make their case. Relatives of Bernard Madoff who worked for his firm are asking a judge to dismiss a lawsuit against them and arguing that they knew nothing about the scam. 

-- Nathaniel Popper

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