Updated from 7:08 a.m. EDT
Oil, the election and the hurricanes have taken a back seat, and all eyes are upon our nation's leaders. Washington is scrambling to reach a compromise on the $700 billion bailout of the sinking finance industry.
In the meantime, the Labor Department came out with a report on Thursday that was anything but rosy. New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav.
The market was up, though, on anticipation of this bailout. Stocks leading the way included
But is it this simple? Finalize the bailout and all else is fine?
With this in mind, we take a look at some of the stocks people are searching for on
, such as
, and see what Jim Cramer's had to say about them recently.
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Cisco and General Electric for his Action Alerts PLUS charitable trust.)
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