Private employers added more jobs than expected last month, though the lack of robust labor market growth reinforced the Federal Reserve's view that economic progress will likely be frustratingly slow.
IBT Staff Reporter
Nov 02, 2011
As international pressure mounts on Greek Prime Minister George Papandreou to drop his bid to put the deal before the Greek people for a referendum vote, and instead immediately accept its terms as drafted, Greek-American New Yorkers are once again shocked at the intransigence of their home country's leadership.
Connor Adams Sheets
Nov 02, 2011
The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggested Europe's debt crisis posed big downside risks to the U.S. economy.
IBT Staff Reporter
Nov 02, 2011
Jobless rates dropped in most metropolitan areas in September, and among areas with populations of one million or more they fell the most in Las Vegas, federal data released on Wednesday showed.
keep for now
Nov 02, 2011
The Monetary Policy report from the FOMC was released today as Federal Reserve Chairman; Ben Bernanke will offer his third live video press conference of the year today at 2:15 EDT.
Sonny Kwon
Nov 02, 2011
Stocks rebounded after two days of losses on Wednesday, aided by upbeat job market data as investors eyed a crisis meeting about Greece and a Federal Reserve policy session.
IBT Staff Reporter
Nov 02, 2011
Upbeat job market data helped stocks bounce off two days of losses on Wednesday, with a crisis meeting about Greece and the end of a U.S. monetary policy session also on investors' minds.
IBT Staff Reporter
Nov 02, 2011
The Federal Reserve looks set to take a breather from monetary stimulus measures on Wednesday, even if financial market turbulence heightens the chances of action later.
Consella Lee
Nov 02, 2011
U.S. private employers added more jobs than expected last month, while planned layoffs dropped sharply, underscoring the view the economy is on a path of slow growth.
IBT Staff Reporter
Nov 02, 2011
The U.S. job market continues to register incremental progress, as the private sector added 110,000 jobs in October, ADP said, with job gains concentrated in the services sector and in small/medium companies.
Joseph Lazzaro
Nov 02, 2011
The U.S. unemployment rate for September was 9.1 percent, but the full story of who works in America isn't told through the numbers alone.
Daniel Tovrov
Nov 02, 2011
The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly double-digit increase in a fresh sign the economy is set to grow at a stable pace.
IBT Staff Reporter
Nov 02, 2011
Greece's shock referendum spells at least 10 more weeks of deep freeze for global investment and that hiatus may be enough to tip the world economy back into recession this winter.
IBT Staff Reporter
Nov 01, 2011
South Africa's rand weakened against the dollar on Tuesday as a Greek plan for a referendum on a bailout package raised worries that the euro zone debt crisis is far from over.
Jack Kim
Nov 01, 2011
The Federal Reserve could begin to prepare financial markets for further monetary easing at the conclusion of a two-day meeting that began on Tuesday, even if it refrains from any new stimulus just yet.
IBT Staff Reporter
Nov 01, 2011
The pace of growth in the U.S. manufacturing sector unexpectedly slowed in October, though it managed to stay in expansion territory, according to an industry report released on Tuesday.
IBT Staff Reporter
Nov 01, 2011
To say that the bankruptcy filing of MF Global and a Greek referendum on its bailout package have unnerved institutional investors would be an understatement. Where's the Dow headed in the next 3-6 months?
Joseph Lazzaro
Nov 01, 2011
President Barack Obama's official Facebook page has been targeted by a sustained string of Facebook comments comparing him to oppressive Arab leaders and questioning the handling of the Occupy Wall Street protests.
Connor Adams Sheets
Nov 01, 2011
Home prices are predicted to fall another 3.6 percent by June of 2012, marking a new of 35 percent below the 2006 peak, according to a report by Fiserv.
Roland Li
Oct 31, 2011
Gold prices fell 1.4 percent Monday as the bankruptcy of a broker-dealer heavily invested in European sovereign debt drove investors to the safety of the dollar.
Mike Obel
Oct 31, 2011
Americans are enormously proud of their country, and frequently boast that the country is better than all of the rest. But two new studies offer a counter-argument to the aforementioned, at least regarding the ease of doing business and the goal of social justice.
Joseph Lazzaro
Oct 31, 2011
Italian bond yields rose on Monday nearly to levels seen in August when the ECB intervened to shore up debt markets, indicating new concerns that problems in the euro zone's third largest economy could threaten the entire bloc.
Mike Obel
Oct 31, 2011