11/06/09 – theGrio & CNBC Market Wrap Up

TheGrio and CNBC team up to deliver a weekly preview of money matters and market updates for our community...

Luther Vandross was outed as gay after his death.

TheGrio and CNBC team up to deliver a weekly preview of money matters and market updates for our community.

CNBC’s Shartia Brantley reports that several companies have reported positive quarterly data as earnings season continues. The October Jobs report showed unemployment rose to 10.2 percent while African-American unemployment rose to 15.7 percent. President Obama signed legislation to extend unemployment benefits for up to an additional 20 weeks. The Federal Reserve has left its key interest rate unchanged.

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