U.S. job growth accelerated more than expected in July, tamping down fears the economy was sliding into a fresh recession and giving the Federal Reserve some breathing room.
U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.
U.S. stocks slumped on Friday as the all-important July jobs data failed to cheer investors.
Procter & Gamble Co is likely to miss Wall Street earnings estimates this quarter as it has not yet pushed through all its price increases that are meant to help deal with higher commodity costs.
Honda Motor Co Ltd will recall 2.49 million cars, small SUVs and minivans worldwide, including its popular Accord sedan, to repair a software problem that could damage the automatic transmission.
Traders appear to be focusing on the European debt crisis, which is reaching emergency levels.
Speaking Friday on MSNBC's "Morning Joe" talk show, U.S. Sen. John Kerry, D.-Mass., said that the media has the duty to not give equal time or acceptance to the Tea Party's views.
A little over a year after spinning off from Citigroup
, Primerica is considering a first share buy-back program, as one of the biggest U.S. term life insurers wants to put its excess capital to use, executives said.Wells Fargo cut its rating on the U.S. bank sector to marketweight on weaker-than-expected economic growth and persistently low interest rates.
Chinese electric motor maker Harbin Electric on Friday denied any Securities and Exchange commission investigation against it, while responding to an allegation made by Citron Research in a recent blog post.
America's unemployment rate improved slightly in July, but the high figure is weighing heavily against President Barack Obama in his re-election bid.
Up to now, the dispensers of global financial justice -- the bond vigilantes -- have given the United States a free ride regarding its large budget deficit and national debt. But history say that can't last forever, which is why it's in the nation's long-term interest to enact the second half of budget cuts called for in the U.S. debt deal.
In the state of Chihuahua, an entire civic police force has quit after drug-related violence killed two officers.
More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.
Over 72 organizations - including the United Nations, the Olympic committees and the U.S. government - have been hacked by China-based hackers for a half decade, according two security companies based in the United States.
Mohamed El-Erian has the best explanation of what happened in the markets yesterday. First and foremost, there were ?technical factors?. This doesn?t mean lines on charts and head-and-shoulders patterns and similar astrological nonsense, but rather the dynamics of where investors? money was being held and the amount that the market would fall given a modest downward nudge. Sometimes that number is tiny, but it can fluctuate a lot, and yesterday it just happened to be huge.
U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.
Boeing selects United Launch Alliance's Atlas V rocket for its spacecraft.
A look at the upcoming Grand Slam tennis tournament.
U.S. stocks seesawed, trading little changed on Friday as a better-than-expected payrolls report did little to alleviate fears of a double-dip recession.
The message from this week's market rout is crystal-clear: investors have lost confidence in their politicians, who urgently need to do something dramatic to reduce risks to the global economy.
16.6 percent of Americans between the ages of 18 to 24 are unemployed
