UNEMPLOYMENT

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Data offers a mixed picture of recovery

A gauge of regional manufacturing activity slumped to a near two-year low in June, suggesting U.S. factories were faltering, overshadowing better than expected readings on the labor and housing markets.

Data offers hope for pick up in recovery

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The number of Americans signing up for jobless benefits fell last week, while housing starts and building permits rose in May, offering some hope the economy could be starting to pull out of its soft patch.

Data points to some improvement in economy

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New claims for unemployment benefits fell last week, while housing starts and permits for future construction rose in May, signs that offered some hope the economy could soon pull out of its soft patch.
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Instant view: Jobless claims unexpectedly rise

The number of Americans filing new claims for unemployment benefits rose by 1,000 last week, according to a report on Thursday that could stoke fears the labor market recovery has stalled.

Romney Leads In Newest Poll

A new Quinnipiac poll solidified a growing perception that the Republican nomination could be Mitt Romney's to lose.
U.S. President Obama speaks during a joint news conference with German Chancellor Merkel in the East Room of the White House in Washington

Obama gets lowest marks yet on economy; poll

President Barack Obama's handling of the economy and its growing budget has been met with Americans' disapproval, according to a Washington Post-ABC poll released on Tuesday.

Ben Ali slams corruption trial

A statement from Ben Ali's France-based lawyer says Ben Ali always worked in the best interest of the Tunisian people.
People wait in line to attend a job fair for military veterans and other unemployed people in Los Angeles

Employment Data & Market Implications

A weaker than expected May jobs report and downward revisions to the March and April releases has rekindled fears of either a double dip recession or a stagflationary economic environment.
E. Coli

New deadly E.coli strain is a rare mutation: WHO

Experts from the World Health Organization (WHO) said that a highly infectious new strain of E.coli bacteria, which is causing a deadly outbreak of food poisoning in Germany and other countries, is a never-before-seen mutation.

E.coli outbreak adds to Spainish Woes

A killer bacteria linked to Spanish cucumbers is claiming victims all around Europe, but the news couldn't come at a worse time for the struggling country.
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Sputtering U.S. Economy, Look Out Below!

The slowdown has begun. The economy has started to sputter and unemployment claims have tipped 400,000 for the last seven weeks. Manufacturing is cooling, the housing market is struggling and consumers are keeping a close eye on spending, meaning the U.S. economy might be on a slower path to full health than expected.

Gold and Stocks Fall As Weak Climate Keeps QE3 On The Table

The Gold Price climbed to $1544 per ounce Thursday morning but then dropped sharply to $1520 and stabilized at $1532 per ounce, while stocks, commodities and US Treasuries were all hit after worse-than-expected US economic news and a further downgrade for Greece.

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