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NEW YORK (AP) — Could this be the day the stock market breaks out of its early January slump? Stocks have opened higher, after overseas markets got a boost from a solid U.S. jobs report. Investors around the world have also been relieved to see a steadier tone in Chinese trading. Shares rose two percent in China, a day after trading was suspended amid a seven-percent plunge.
WASHINGTON (AP) — The U.S. economy continues to shrug off the slumps elsewhere in the world -- adding 292,000 jobs in December. For a third straight month, the jobless rate stands at five percent. The numbers are expected to solidify market expectations that the Federal Reserve will continue to raise interest rates this year. Rates went up in December for the first time in nearly a decade.
SEOUL, South Korea (AP) — As North Korea's neighbors and others try to determine whether it did, in fact, detonate a nuclear device earlier this week, a South Korean research institution says a small amount of radioactive elements was found in air samples after the blast. But the institute says the amount found in the samples collected from the peninsula's eastern seas was too small to determine whether the North Korean report was true.
PYONGYANG, North Korea (AP) — It's been a day of celebrations in North Korea over what's reported to be the country's fourth nuclear test. Tens of thousands of North Korean soldiers and civilians gathered at squares and indoor venues in the country's capital for massive celebrations orchestrated by the government. People were seen dancing in the streets. State media say the events were attended by senior officials, but it's not clear whether they included the country's leader, Kim Jong Un.
LANSING, N.Y. (AP) — Crews are preparing to remove the elevator on which more than a dozen central New York salt mine workers got stranded hundreds of feet underground. A Cargill spokesman says the company's operations in Lansing, New York, are closed again today, a day after 17 miners spent up to 10 hours struck on an elevator 900 feet below ground. They'd been headed to the floor of the mine, 2,300 feet below ground, to start their overnight shift Wednesday night when the elevator got stock. A crane was used to drop a basket to the miners and lift them out.
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