UNEMPLOYMENT

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Manufacturing sector grows faster in September

Factory activity expanded at a faster pace than expected in September as production and hiring increased, suggesting that manufacturing should help keep the economy out of recession.
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Europe, Asia September factory activity slumps

Factory activity in Europe and Asia slumped in September to levels not seen since the depths of the financial crisis as export demand dropped, surveys showed on Monday, reinforcing fears of a return to recession.
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Harris attends a news conference to announce the creation of the Mortgage Fraud Strike Force in Los Angeles

California Exits Mortgage Settlement Talks

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
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California Quits U.S. Mortgage Settlement Talks

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
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Analysts Assess Impact of Defense Cuts on US Jobs

Defense Secretary Leon Panetta has warned that a potential $1 trillion cut to the Pentagon budget could raise U.S. unemployment by 1 percentage point but analysts differ on how many jobs could be lost and what that actually means for the economy.
U.S. Banks: Dividend hikes, M&As on their way

U.S. Banks Woo California in Mortgage Settlement

The largest U.S. banks, eager to get legal protection after widespread evidence emerged of foreclosure shortcuts, are trying to convince California to be part of a multi-state mortgage settlement and not pursue its own aggressive deal.
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Jobless claims, GDP data ease economic fears

The chances of the U.S. economy averting a new recession got a boost on Thursday with claims for jobless benefits falling to a five-month low last week and growth a touch stronger in the second quarter than previously estimated.
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CEOs View of Economy Worsens in Q3: Roundtable

Spooked by the U.S.' recent budget standoff in Washington and the European debt crisis, U.S. chief executives' view of the economy deteriorated sharply in the third quarter, a survey released on Thursday found.
Traders work on the floor of the New York Stock Exchange

Data lifts Wall Street, Internet shares weigh

The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval to strengthen the euro zone's crisis fund, while big-cap Internet shares dragged on the Nasdaq.

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