Financial Dispatch: Jobs & housing remain in focus

Gas prices decline for 10th straight day Andrew Torgan CNN Financial News Producer Reports out this morning show that the job market is deteriorating at a slower pace, but unemployment is expected to remain high for some time. Payroll-processing firm ADP says private-sector employers cut 473,000 jobs in June, a 2.5% improvement from the revised 485,000 drop in May. That’s more than expected, but the May tally was revised lower. While the economy has shown some signs of stabi