Asian shares eased after hitting a 17-month high on Thursday, while the dollar was steady as investors kept caution before U.S. nonfarm payrolls data later in the week for hints on the greenback's direction.
Asian shares edged up on Thursday, buoyed by resource shares, while the dollar was on the defensive after minutes from the Federal Reserve's latest policy meeting suggested the possibility of more stimulus measures for the U.S. economy.
Expect quite a bit of movement within operations roles in both investment banking and funds management, says Anton Murray, director of Anton Murray Consulting.
U.S. stocks slipped on Wednesday after ISM data showed the U.S. services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at U.S. private employers.
(Corrects paragraph 6 to show ADP report said private-sector job losses slowed in December from November, but were not smaller than expected)
Stocks slipped on Wednesday after ISM data showed the U.S. services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at U.S. private employers.
Stock index futures held to losses on Wednesday after a report showed the U.S. private sector shed slightly more jobs than forecast in December.
The U.S. economy and job market will rebound only gradually because of ongoing constraints on lending, Federal Reserve Board Vice Chairman Donald Kohn said on Sunday.
Saks Inc is cutting 116 jobs in the cosmetics and fragrance departments of its flagship Fifth Avenue store in New York as it moves to get outside vendors such as Chanel, Lancome and Clinique to fully staff their Saks counters themselves.
Saks Inc has informed about 116 workers at its flagship Fifth Avenue store that they would lose their jobs by the end of January, the New York Post reported, citing sources.
Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.
Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.
Wall Street was poised to open higher on Thursday after new claims for jobless benefits rose more than expected but the number of people seeking extended benefits fell, and a separate report showed the U.S. trade deficit unexpectedly narrowed.
The Australian dollar surged on Thursday after November jobs growth blew away expectations, while Asian stocks posted small gains ahead of a slew of Chinese economic data on Friday expected to reflect robust growth.
Green jobs in California are growing at a faster pace than jobs overall in the environmentally friendly state, but they still account for only a tiny fraction of the economy, a study said on Tuesday.
U.S. President Barack Obama called on Wednesday for bipartisan cooperation to boost jobs and help small businesses through a series of initiatives that he has proposed to tackle double-digit unemployment.
DTE Energy Co said it will start a $600 million environmental construction project in the first quarter of 2010 at its Monroe, Michigan power plant, creating 900 jobs.
President Barack Obama, battling a public outcry over double-digit U.S. unemployment, on Tuesday will lay out several new steps to boost jobs and confront a challenge that has hurt his popularity.
British telecoms firm Daisy Group Plc posted a loss for the nine-month period and said it would cut jobs to integrate its acquired businesses but was comfortable with current market expectations.
President Barack Obama will lay out policy proposals to combat double-digit unemployment in a speech on Tuesday tackling an economic problem that has become a political drain on his young administration.
Shares of staffing companies soared on Friday after a government report showing U.S. employers cut far fewer jobs than expected last month heralded increased demand for the companies' services as the labor market improves.
The Obama administration can shift substantial resources from bank bailouts to job creation and will soon spell out the case for doing so, Treasury Secretary Timothy Geithner said on Friday.