UNEMPLOYMENT

All Eyes On April FOMC, US 1Q GDP: Next Week’s Economic Events

FOMC
The Federal Open Market Committee meeting on April 24-25, Fed Chairman Ben S. Bernanke's comments during the post-meeting press conference, and an advance reading on U.S. gross domestic product in the first quarter will dominate the economic calendar next week.
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Nikkei Stock Exchange

Asian Stock Markets Fall On US Economic Data

Asian stock markets declined Friday as batch of disappointing economic readings from the US signaled that the recovery was slowing in the world's biggest economy.
4/20 Best Mix

4/20 Music Mix: Best Rap & Reggae Songs About The Herb To Listen To On Friday

This 4/20 music mix is a totally unofficial and hole-fileld list of the best songs about the herb to listen to on Friday. It's mostly hip hop, though there's a reggae mix to die for thrown in for fun. But if you just put them on and take a sunny afternoon drive or lay back on your bed and let the chunes in, you'll be 'laxing in an ear-tickled haze by 4:21 p.m. (or a.m., if you get down like that.)
International Business Times Logo

Asian Shares Ease As U.S. Data Cast Doubt On Recovery

Asian shares slipped Friday as disappointing U.S. economic data stirred doubts about the strength of recovery, while the yen weakened after the Bank of Japan flagged the prospect of further monetary easing to support the struggling economy.
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Jobless data suggests slowdown in job creation

The number of Americans claiming unemployment benefits for the first time fell only slightly last week, suggesting that job growth in April will not improve much after March's disappointing performance.
U.S. Economy

March US Leading Economic Index Up 0.3%, Tops Expectations

The index of U.S. leading economic indicators rose 0.3 percent in March, extending its upward trend for a sixth month. Thursday's data points to a more positive outlook despite subdued consumer expectations and weakness in manufacturing new orders.
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Wall Street To Open Flat, French Downgrade Rumors Weigh

Stocks were set to open little changed on Thursday as investors grappled with euro zone uncertainty, a raft of corporate earnings and softer-than-expected data on the domestic labor market.
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U.S. Initial Jobless Claims Total 386,000 In Latest Week

New U.S. claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could dampen hopes of a pick-up in job creation in April after March's slowdown.
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U.S. jobless claims edge down last week

New U.S. claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could dampen hopes of a pick-up in job creation in April after March's slowdown.
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Asian Shares Flat Awaiting Spanish Bond Sale

Asian shares moved in a narrow range Thursday after the previous day's rally as investors grew cautious ahead of a key Spanish bond sale that would test the market's risk appetite as concerns mounted over the euro zone's debt crisis.
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Layoffs, freezes, retirements for U.S. public sector

More than half of local and state employees continue to work under pay freezes, while others are accelerating their retirements or facing the prospects of layoffs as the effects of the recession linger on the public sector, according to a survey released on Wednesday.
Spain

Spain Bailout: Not If, But When, Experts Say

Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.
An unexpected rise in German business confidence boosted European stock markets on Friday

German Investor Confidence Rises, Recession Fears Calmed

German investor confidence unexpectedly rose on in April, calming fears that the euro zone's sovereign debt crisis is weighing down the country's economy, according to a report from Mannheim, Germany-based Centre for European Economic Research, or ZEW.
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World Growth Improves Slightly But Still Very Fragile: IMF

Global growth is slowly improving as recovery in the United States gains traction and dangers from Europe recede, but risks remain elevated and the gains are very fragile, the International Monetary Fund said on Tuesday.

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