Topic: John Canally
Fed chief Bernanke avoids taking a position on taxes while telling Congress it must act 'in a timely manner' to reduce the deficit. Failing to raise the debt limit, he says, would be a costly mistake.
06/14/2011 07:58 pm
The Dow closed down more than 90 points after the Department of Labor released a discouraging jobs report on Friday
06/03/2011 05:45 pm
Dow falls 29 points as gold soars to new record and oil prices reach highest level since 2008. Traders focus on impact on stocks of a potential government shutdown.
04/08/2011 06:09 pm
Wall Street insiders aren't worried the government might hang an 'out to lunch' sign. The market improved during the 1995 government shutdowns. Of greater concern: raising the debt ceiling.
04/07/2011 04:28 pm
Not only did the unemployment rate fall, but the US economy added 192,000 jobs in February. But economists view the numbers differently.
03/04/2011 01:28 pm
Unemployment rate rose to 9.8 percent, as US economy gained a disappointing 39,000 jobs last month, versus 172,000 in October. The news may prod Congress toward more stimulus spending.
12/03/2010 01:29 pm
The economy created more jobs than expected – 151,000 – in October, the best showing since May. Jobs are being added in many sectors, including health care, retail, and temp agencies. The unemployment rate, though, still stands at 9.6 percent.
11/05/2010 01:56 pm
Much of the drop in the unemployment rate occurred because disappointed workers stopped looking for jobs.
07/02/2010 02:02 pm
Not counting hiring of temporary workers for companies and the census, private-sector hiring rose a solid 80,000 in March.
04/02/2010 11:04 am
The ADP employment report shows the US lost jobs in March. But the government's expected to report a job gain. Confused? Read on.
03/31/2010 01:49 pm