Wall Street investor sentiment over European debt problems and an unexpected spike in unemployment claims drove the market downward.
The ADP employment report shows the US lost jobs in March. But the government's expected to report a job gain. Confused? Read on.
The unemployment rate for adult white women fell to 6.8 percent in January. Other statistics indicate that women over age 55 are faring well in the job market.
President Obama has responded to recent setbacks by striking a more populist tone, and his primary target has been Wall Street. Bankers are hoping he takes a more inclusive line in his State of the Union address Wednesday.
Some key lawmakers in the Senate are saying they will vote against the Bernanke confirmation. The Fed chairman’s term expires at the end of this month.
US businesses made job cuts in December, when many had expected Friday’s employment report to find a gain in jobs. The unemployment rate remained at 10 percent.
The stock market will close 2009 with some momentum. But will it be able to carry that growth through 2010?
Consumer spending rose 0.7 percent in October, and businesses started adding inventory after 10 months of lowering their stockpiles, according to reports Wednesday. Some see recovery at a moderate pace.
Jobs report reveals a 10.2 percent unemployment rate. Four reasons not to panic.