President Barack Obama in an interview recently stated that all signs point to the U.S. economy beginning to grow again but there may not be enough new jobs created until next year. "I want to be clear, that probably the jobs picture is not going to improve considerably… and it could even get a little bit worse… over the next couple of months," he said in an interview taped with CNN’s "State of the Union." "And we’re probably not going to start seeing enough job creation to deal with the… a rising population… until sometime next year," Obama said, adding that 150,000 additional jobs have to be added each month to keep pace with population growth. -Reuters

Don’t Trip in Your Search for Higher Bond Yields: The Federal Reserve’s policy of driving interest rates down toward zero may have kept the financial system alive, but it’s killing savers and driving them to do desperate things. For more on this article, click here. – The Wall Street Journal

U.S. stocks rose for a second week, sending the Dow Jones Industrial Average to an 11-month high, as increases in retail sales and industrial production hinted of an economic recovery. General Electric Co. (NYSE: GE) and Apple Inc. (NASDAQ: AAPL) advanced after August gains at factories and retailers topped economist estimates. Dow Chemical Co. (NYSE: DOW) led materials companies to the biggest jump among 10 industry groups after saying it reduced a bridge loan. Verizon Communications Inc. (NYSE: VZ) fell the most in the Dow average after its chief executive officer said the company’s wireless business would pay down debt before declaring a dividend to its owners. -Bloomberg

Sirius XM (NASDAQ: SIRI) disclosed it had received a notice from the Nasdaq stock exchange on Tuesday that its share price has closed below $1 for 30 consecutive days, and is therefore not in compliance with the exchange rules, which means possible delisting. Sirius has until March 15, 2010, to regain compliance with the minimum bid price rule, meaning its stock has to close at or above $1 for 10 consecutive business days. Sirius said that if the stock price doesn’t reach the required level it can effect a reverse stock split at a ratio of not less than 1-for-10 and not more than 1-for-50, which has already been approved by stockholders in May. Sirius shares closed at 68 cents Friday, which is really a long way from the 52-week low of 5 cents a share. –Blogging Stocks

-Jutia Group