U.S. consumer confidence sagged to a 10-month low on worries about jobs while the housing market remains under strain, data revealed on Tuesday, underscoring the fragility of the economy's recovery.
A modest job-creation bill advanced in the Senate on Monday as the chamber's newest Republican bucked his party and sided with Democrats on a $15 billion package of tax cuts and highway spending.
Continental Airlines Inc is cutting 600 reservation agent jobs, effective April 11, as customers increasingly book flights online.
Arnold Schwarzenegger, California's Republican governor, defended Democratic President Barack Obama's stimulus plan on Sunday, saying 150,000 new jobs were created in his state thanks to the legislation.
The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.
Wall Street was poised to open lower on Thursday as an increase in jobless claims and a stronger-than-expected inflation growth added concerns after a weak outlook from retail giant Wal-Mart.
Health insurer Humana Inc is reducing its workforce by about 1,400 jobs, or 5 percent, during 2010 to align the size of the company with its lower membership.
Ford Motor Co on said on Tuesday it will eliminate the second shift at a Michigan assembly plant that builds the Ford Mustang and the Mazda 6 sedan, cutting about 900 jobs at the facility.
Apple CEO Steve Jobs is reported to be sealing a deal to launch the first authorized biography of his life.
German engineering sector union IG Metall has agreed with Volkswagen to extend job guarantees at the carmaker's western German plants by three years until 2014, the union said on Tuesday.
Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating.
President Barack Obama on Thursday warned the country's recovery would not be complete until more citizens find work and the United States borrows less money from other countries.
Lawmakers in the Senate unveiled a long-awaited bipartisan jobs bill on Thursday that relies on business tax breaks and construction projects to bring down the unemployment rate.
Wall Street was set to open higher on Thursday as key euro zone officials struck a deal to help Greece with its debt crisis, and U.S. data showed claims for first-time jobless benefits fell more than expected last week.
Stock index futures rose on Thursday as key euro zone officials struck a deal to help Greece with its debt crisis, while investors awaited data on the health of the labor market.
Stock index futures rose on Thursday with the spotlight on a European summit that could set the blueprint for aid to debt-laden Greece, while investors awaited data on the health of the labor market.
President Barack Obama found common ground with Republicans on Tuesday over his top priorities of job creation and deficit reduction but drew a rebuke on healthcare reform.
President Barack Obama sought common ground with Republicans on Tuesday over his top priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
President Barack Obama sought common ground with Republicans on Tuesday on his top policy priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
President Barack Obama convened a meeting of Top Republican and Democratic leaders on Tuesday in the White House and called on the two parties to focus on creating jobs and cooperating on battled economy.
President Barack Obama, reaching out to lawmakers in both U.S. political parties, said on Tuesday he hoped Congress would soon deliver a package of measures to boost U.S. employment and economic growth.
President Barack Obama said on Tuesday he hoped Congress would soon deliver a package of measures to boost U.S. employment and growth.