Amid a falling trend, the U.S. government on Thursday is expected to release its unemployment insurance weekly claims data on Thursday.
Oil dropped nearly 4 percent to below $69 a barrel on Wednesday after U.S. government data showed a big jump in crude and products stockpiles, stirring concerns about demand in the world's top energy consumer.
As of September 18, Baker Hughes Incorporated reports 293 rigs drilling for oil and 705 rigs drilling for natural gas.
U.S. stocks rose on Wednesday as the Federal Reserve said economic activity has picked up following a severe downturn, an assessment that suggested the outlook for corporate profits was brightening.
The Federal Reserve Bank's money policy committee on Wednesday finished a two-day meeting by issuing a statement noting that economic activity has “picked up” from the severe downturn and announcing that it has kept the central bank's key interest rate steady as expected.
Oil dropped 4 percent to below $69 a barrel on Wednesday after U.S. government data showed a big jump in crude and products stockpiles, stirring concerns about demand in the world's top energy consumer.
Oil dropped more than 3.5 percent to near $69 a barrel on Wednesday after U.S. government data showed a surprise jump in crude and products stockpiles, which stirred concerns about demand in the world's top energy consumer.
Authors and publishers asked a U.S. judge on Tuesday to delay a hearing on whether to approve a controversial settlement that would allow Google Inc to create a massive online digital library.
U.S. Treasury Secretary Timothy Geithner argued forcefully on Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope.
U.S. Treasury Secretary Timothy Geithner argued forcefully on Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope.
U.S. gross debt issuance will reach $7 trillion when the current fiscal year ends this month, Treasury Acting Assistant Secretary for Financial Markets Karthik Ramanathan, said on Wednesday.
U.S. stocks edged lower on Wednesday, pressured by falling crude-oil prices, as investors awaited a policy statement from the Federal Reserve.
JPMorgan Chase & Co said on Wednesday that it was eliminating some overdraft fees altogether and trimming others, after Bank of America Corp announced a similar move on Tuesday.
Regional appliance and electronics retailer hhgregg Inc said it will add 800 seasonal jobs at 117 of its stores to help cope with increased customer traffic during the holiday season.
Oil dropped 4 percent to below $69 a barrel on Wednesday after U.S. government oil inventory data showed a surprise jump in crude and products stocks, highlighting the fragile state of demand in the world's largest energy consumer.
The European Union unveiled its blueprint for an overhaul of the way banks and financial markets are policed, a central plank in new rules designed to prevent a repeat of the global economic crisis.
The number of mass layoffs by U.S. employers rose by 533 in August from July, with the manufacturing sector the hardest hit, Labor Department data showed on Wednesday.
U.S. stocks were little changed in early trading on Wednesday as investors cooled their heels ahead of a Federal Reserve policy statement.
U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday.
Wall Street was set for a slightly higher open on Wednesday ahead of a Federal Reserve policy statement and following results by food company General Mills Inc, which beat profit estimates.
Working Mother magazine on Tuesday named the best U.S. companies for working mothers, citing those that have kept or expanded family-friendly programs and policies amid the pressures of recession.
The U.S. Federal Reserve is expected to take note of an improving economy at the close of a meeting on Wednesday, while cautioning that high unemployment puts the recovery at risk.
The worst U.S. economic recession in 70 years is forcing senior citizens out of retirement, leaving them fighting for jobs in a weak labor market or risk homelessness, according to a private study.
Some investors believe Goldman Sachs Group Inc may try to shed its commercial banking charter to sidestep U.S. government efforts to rein in exorbitant Wall Street pay.
With unemployment lines growing even as the recession eases its grip, the U.S. House of Representatives voted on Tuesday to extend jobless benefits for those who risk exhausting them.
Oil fell toward $71 a barrel on Wednesday, pressured by doubts over U.S. demand as investors cautiously awaited government inventory data after an industry report showed a surprise build in crude oil stockpiles.
U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday.
India's prime minister called on Group of 20 nations on Wednesday to send a strong warning against protectionism this week as world leaders seek to shore up a tentative global recovery and prevent future economic crises.
U.S. stock index futures pointed to a slightly higher open on Wednesday, ahead of a Federal Reserve policy statement and following results by food company General Mills Inc, which beat profit estimates.
U.S. stock index futures were little changed on Wednesday ahead of a Federal Reserve statement that will be scrutinized for an insight into the central bank's assessment of the U.S. economy.
