The latest read of job openings and labor turnover (JOLT) from the BLS showed that job openings dropped 5.06 percent in June but remained 2.27 percent above the level seen in July 2012.
Mohamed El-Erian is the CEO of the investment firm PIMCO, the world’s largest bond investor. In an interview, he discusses what might affect the Fed's decision to begin tapering its asset purchases and what impact such a move may have on the global economy.
Midway negotiations end as one bidder drops out and Chicago Mayor Emanuel calls it quits. Also this week in the economy: unemployment falls for the wrong reasons; Beige Book reveals modest to moderate economic growth; and Yahoo! picks a new logo.
August jobs report, other studies weaken notion that part-time workers will become a bigger part of the economy. The Obamacare effect also seems limited, but jobs data are too volatile to say for sure yet.
Kyoko Okutani heads Women's World Banking Japan, part of a growing network of female entrepreneurs in a male-dominated country.
Weak housing numbers released this week have some analysts worried that the housing recovery is losing momentum. Personal income lags, durable goods fall, and Dunkin' Donuts gets in hot water for a 'blackface' ad campaign in Thailand.