MARKETWATCH FRONT PAGE U.S. stocks bounced back from two days of heavy losses, after bargain hunters stepped in amid hope that global intervention will help an economy that shed nearly a quarter million jobs in October. See full story. Economic Report: Unemployment rate leaps to 14-year high of 6.5% The U.S. unemployment rate jumped to a 14-year high of 6.5% in October as nearly a quarter million jobs were lost, the Labor Department reports. See full story. Ford sets more cost cuts as it narrows third-quarter loss Ford Motor Co. on Friday said it narrowed its third-quarter loss, boosted by a one-time gain of more than $2 billion, but announced more wrenching cost and job cuts in the face of plunging sales. See full story. Obama will make economic mark before inauguration Democratic lawmakers called Thursday for a new stimulus package worth up to $100 billion while President-elect Barack Obama scheduled a meeting with his new economic transition team to begin addressing the nation’s economic troubles well before his Jan. 20 inauguration. See full story. Disney profit declines 13% Walt Disney Co. says its quarterly profit fell 13% due to a $91 million bad-debt charge on a payment it was due from Lehman Brothers and the combination of higher expenses and less successful films at its studio entertainment division. See full story. MARKETWATCH PERSONAL FINANCE Chuck Jaffe: Vanguard's Bogle plays familiar tune: Index funds are the answer In 2000, Jack Bogle looked at his age and his own investing formulas and felt he was too heavily invested in stocks. He altered his asset allocation to the most simplistic of strategies: He made his bond position roughly equal to his age; at the time, he was about 70 years old and he had roughly 65% of his holdings in bonds.

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