Three is hard. I'll start by quoting the silence heard around the political world during Wednesday night's CNBC Republican presidential debate. Here were Texas Gov. Rick Perry's words in the middle of one of his answers: "I will tell you: It's three agencies of government, when I get there, that are gone: Commerce, Education and the -- what's the third one there? Let's see. ... OK. So Commerce, Education and the -- ... The third agency of government I would -- I would do away with the Education, the ... Commerce and -- let's see -- I can't. The third one, I can't. Sorry. Oops."
2. Initial unemployment claims drop to 7-month low.
Fewer Americans filed for their first week of unemployment benefits last week, marking continued -- but still slow -- improvement in the job market.
About 390,000 people filed for initial unemployment benefits in the week ended Nov. 5, the Labor Department said Thursday. The number of claims fell 10,000 from the revised 400,000 in the prior week, and is now at the lowest level since April 2.
3. Despite 12-hour meeting, no deal reached in NBA lockout.
NBA players and owners did not reach a deal early Thursday on the bitter labor struggle that has postponed the basketball season, but the two sides agreed to meet again later in the day to continue with the negotiations.
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