Dudley said strong first-quarter data might have been the result of unseasonably warm weather in much of the United States that pulled forward some economic activity and hiring.
Hao Li
Apr 12, 2012
Stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
IBT Staff Reporter
Apr 12, 2012
The relentless decline in home prices is nearing an end and prices should rise for the first time in seven years in 2013, but a possible new wave of foreclosures could threaten the recovery, according a Reuters poll of economists.
IBT Staff Reporter
Apr 12, 2012
Stocks were set to rise slightly at the open on Thursday after futures pared gains following an unexpected rise in initial jobless claims in the latest week.
IBT Staff Reporter
Apr 12, 2012
The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday.
Joseph Lazzaro
Apr 12, 2012
New claims for unemployment benefits rose last week to their highest level since January, a development that could raise fears the labor market recovery was stalling after job creation slowed in March.
IBT Staff Reporter
Apr 12, 2012
Claims for jobless benefits rose to 380,000 last week, giving economists another piece of data to worry about after a gloomy job market showing in March. Meanwhile, a Federal Reserve report published Wednesday painted a picture of a recovery that continues to press ahead, however, modestly, amid concerns of higher fuel prices.
Moran Zhang
Apr 12, 2012
Stock index futures edged higher on Thursday ahead of data on the jobs market and producer prices, while a tick down in benchmark bond yields in Italy and Spain signaled easing concern about the euro zone's debt troubles.
IBT Staff Reporter
Apr 12, 2012
Stock index futures edged higher on Thursday ahead of data on the jobs market and producer prices, while a rise in Italian borrowing costs could cap gains in equities and pressure other risk assets lower.
IBT Staff Reporter
Apr 12, 2012
Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.55 percent, Dow Jones futures up 0.42 percent and Nasdaq 100 futures up 0.59 percent at 3:34 a.m. EDT (0734 GMT).
IBT Staff Reporter
Apr 12, 2012
The federal income tax for 30 companies was negative during the four-year period, even though they brought in a combined $205 billion in gross profit.
Ashley Portero
Apr 11, 2012
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
Joseph Lazzaro
Apr 10, 2012
Optimism among small-business owners was shaken in March, as the Small-Business Optimism Index fell, due in part to a drop in earnings compounded by a lack of positive events to boost confidence, a report by the National Federation of Independent Business (NFIB) said Tuesday.
Benjamin Reeves
Apr 10, 2012
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
IBT Staff Reporter
Apr 10, 2012
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
IBT Staff Reporter
Apr 10, 2012
Housing busts and recessions are more severe and last for at least five years when they follow a big run-up in household debt, according to a study released on Tuesday by the International Monetary Fund.
IBT Staff Reporter
Apr 10, 2012
Prospects for a robust recovery remain slim on weak output and high domestic unemployment in at least the near term, according to indicators released by the Bank of France.
Joseph Orovic
Apr 10, 2012
Most Asian stocks ended lower Tuesday, following a slump in the Wall Street overnight as disappointing March employment report raised concerns about the strength of recovery in the world’s biggest economy.
Satya Nagendra Padala
Apr 10, 2012
Depending on where you look, Asia's inflation is either benign or stubbornly hot.
IBT Staff Reporter
Apr 09, 2012
Major stock indexes were set to open about 1 percent lower on Monday after last week's much weaker-than-expected report on March U.S. job creation.
IBT Staff Reporter
Apr 09, 2012
U.S. stock index futures traded lower on Monday after last week's much weaker-than-expected report on U.S. job creation for March.
IBT Staff Reporter
Apr 09, 2012
Futures on major US indices point to a lower opening Monday after US non-farm payrolls data showed that the world's biggest economy added fewer-than-expected jobs in March.
Satya Nagendra Padala
Apr 09, 2012
