President Barack Obama on Friday welcomed a dip in U.S. unemployment as evidence “the worst may be behind us” with the recession well into its second year.

NEW YORK—-Fitch rates Ocean County , New Jersey’s general obligation general improvement bonds, series 2009 ‘AA+’. Bond proceeds will be use to acquire additional inmate housing and to fund ongoing capital needs.

EAST LOS ANGELES, Calif.—-Pan American Bank today recognized the achievements of its founder and Chairwoman, Romana Acosta Banuelos, for setting the example and opening the door to Latino women to serve at the highest levels of government.

Federal authorities couldn’t have picked a more fertile target than New Jersey’s Manhattan-facing waterfront towns for a fake cash-for-development undercover sting, longtime observers say.

The country’s biggest phone and cable companies have agreed to hand over information about their broadband networks to help the federal government produce a national map showing where high-speed Internet connections are available across the U.S.

Employers sharply scaled back layoffs in July, and the unemployment rate dipped for the first time in 15 months, sending a strong signal that the worst recession since World War II is finally ending.

Investors finally got some good news on unemployment. Major stock indexes jumped more than 1 percent Friday after the government’s July jobs report showed employers cut fewer jobs last month and the unemployment rate unexpectedly dipped.