DOW JONES

Euro Zone Woes Drag Down US Stock Futures

Traders work on the floor of the New York Stock Exchange
U.S. stock index futures point to a lower opening Monday as investor confidence became weak following concerns about the deepening debt crisis condition in the euro zone.
U.S. Economy

US’s Tepid GDP Growth Requires More Action To Increase It

Investors can monitor five stats to obtain a reading on the U.S. economy’s strength. Currently, these stats show a slowdown in U.S. GDP growth, which is why Congress should do more to create jobs and help increase the economy’s growth rate.
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Traders on the New York Stock Exchange floor

Strong Corporate Earnings Lift US Stock Futures

U.S. stock index futures point to a higher opening Thursday as corporate earnings reported for the second quarter exceeded expectations, indicating that business conditions are on the path of revival.
A man eats a hot dog

Summer BBQs More Expensive In Spite Of Stable Cost Of Living

The price of hamburgers, hot dogs and other commonly grilled items shot up dramatically in June, government data released Tuesday showed, far outpacing price increases seen for other food items and the general cost of living, which actually dipped slightly in the month.
JPMorgan

As JPMorgan Reports Earnings Friday, All Eyes Turn To London Whale

When New York-based banking behemoth JPMorgan Chase and Co. (NYSE:JPM) reports its financial results for the latest quarter on Friday morning, the market's collective attention will be focused on just one figure: the one finally detailing how much JPMorgan lost as a result of its ill-advised strategy of putting huge hedge bets on the CDS derivatives market.
US Job Market

US Initial Jobless Claims Fall to 350,000, A 4-Year Low

The number of Americans lining up for new jobless benefits last week had its biggest decline in four years, the Labor Department said Thursday, but one-time factors such as fewer auto-sector layoffs than normal plus the July 4 holiday likely caused the sharp decline.
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The Rebirth Of General Growth Properties

General Growth Properties (NYSE: GGP), the second-largest public U.S. mall landlord, is living up to its name once again. After exiting bankruptcy in 2010, the Chicago-based company's shares hit a new all-time high of $18.49 on Friday.
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LinkedIn Gets Pounded On News Of Facebook Challenge

LinkedIn (NYSE: LNKD), the leading professional social networking site, lost as much as 6 percent of its value Monday on a report that Facebook (Nasdaq: FB), the No. 1 social networking site will start direct competition.
A woman and a man dressed as zombies

'Zombie Economy' Could Be Bad For Obama

Politico's headline jolts readers the moment they sign on to the site and read, Zombie Economy Threatens Obama. After all the zombie apocalypse hysteria our nation has been experiencing lately, the walking dead have even made their way -- metaphorically, of course -- into the economy.
A job fair at Rutgers University.

June US Unemployment Rate Holds At 8.2%, Payrolls Up Only 80,000

Non-farm payrolls rose by a paltry 80,000 in June, while the unemployment rate remained stuck at 8.2 percent as the labor participation rate was unchanged at 63.8, the Labor Department said Friday. Economists polled by Thomson Reuters had called for a total gain of 90,000 jobs.

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