Jobless claims point to few layoffs
Claims for unemployment benefits are on a roller coaster ride again, falling dramatically last week after rising sharply a week earlier.
Tag Archives: Economy
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News
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News
Unemployment rate falls, but latest jobs report fails to wow analysts
What seemed like good news in Friday’s jobs report was a little less than that — the unemployment rate fell, but not because more people found work.
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Politics
Obama will return 5% of salary to treasury
President Barack Obama will put 5% of his paycheck back into the federal government’s coffers in a show of unity with furloughed federal workers, White House Press Secretary Jay Carney said.
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News
Fannie Mae posts record profit
Mortgage financing giant Fannie Mae Tuesday reported a record profit of $17.2 billion for 2012, a testament to how much the housing market has improved lately.
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News
S&P stock index closes at all-time high
The Dow posted its best first quarter since 1998, adding 11%.
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News
Consumer confidence takes hit after government budget cuts
U.S. consumers lost confidence in the nation’s economy this month, reflecting new uncertainty following the automatic budget cuts imposed on the federal government
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News
Home sales hit highest rate in 3 years
Experts say this is the latest sign of a housing market recovery.
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News
Twinkies to return by summer after $410 million bid
The winning bid is a joint venture by private equity firms Apollo Global Management and Metropoulos & Co.
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News
Construction jobs soar on housing recovery
The recovery in the housing market is driving a turnaround in the labor market as well.
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News
Stocks end 2nd best week of 2013
Stocks wrapped up one of the best weeks of the year. The Dow Jones industrial average and S&P 500 closed higher for the sixth straight trading day and ended the week up more than 2%.
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News
Hiring picks up, unemployment falls
U.S. employers ramped up their hiring in February, helping to lower the unemployment rate slightly.
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News
Dow hits new record high
The Dow hit a new record high within the first few minutes of trading Tuesday.
Blue Bloods
