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Yahoo! News: Economy News

3 Feb 2012 at 10:51pm

In this Jan. 30, 2012, UPS Store employee, Candy Mojica, weighs packages before shipping at The UPS Store in the Lake Balboa area of Los Angeles. The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth. (AP Photo/Damian Dovarganes)AP - In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.



3 Feb 2012 at 8:19pm
AP - In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.

3 Feb 2012 at 4:40pm
AP - Unemployment falls sharply in US, rises in Europe

3 Feb 2012 at 4:14pm
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.

3 Feb 2012 at 4:06pm
Reuters - California Governor Jerry Brown signed a bill on Friday allowing the state government to borrow from internal funds to build up its cash, which the controller earlier this week said was quickly dwindling.

3 Feb 2012 at 3:56pm
AP - Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent.

3 Feb 2012 at 3:19pm
Reuters - President Barack Obama on Friday announced measures to hire Iraq and Afghanistan veterans to restore national parks and work as police and firefighters in a bid to cut veterans' above-average unemployment rate.

3 Feb 2012 at 2:56pm

FILE- A gas pipeline worker, checks the valves at the gas pumping station at Pisarevka, Russia, in this file photo dated Tuesday, Jan. 13, 2009.  European nations, that get much of their natural gas supplies from a trans-Russia-Ukraine pipeline, reported significant cutbacks in supplies Thursday Feb. 2, 2012, although the cut is disputed by Ukraine, as winter temperatures across Europe plunged to record lows. (AP Photo/Svetlana Kozlenko, file)AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.



3 Feb 2012 at 2:50pm
AP - For most people, the 8.3 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year.

3 Feb 2012 at 2:29pm
AP - Year-over-year unemployment rates by age and sex

3 Feb 2012 at 1:57pm
Reuters - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before the November election.

3 Feb 2012 at 12:58pm
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.

3 Feb 2012 at 10:47am
Reuters - Jobs figures released on Friday show the U.S. economy is growing and healing, President Barack Obama said, calling on Congress to pass a payroll tax extension and avoid sabotaging the recovery.

3 Feb 2012 at 10:40am
AP - President Barack Obama says the U.S. economy is growing stronger and the economic recovery is speeding up.

3 Feb 2012 at 10:11am

In this Jan. 18, 2012 photo, boxes are stacked for shipping at a FedEx Office service center in New York. U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand. (AP Photo/Mark Lennihan)AP - U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand.



3 Feb 2012 at 9:43am
Reuters - The pace of growth in the U.S. services sector accelerated in January to its highest level in nearly a year as new orders and employment jumped, an industry report showed on Friday.

3 Feb 2012 at 9:17am
Reuters - President Barack Obama's top economist called on Congress to extend a payroll tax cut and unemployment benefits which he said would help maintain economic momentum.

3 Feb 2012 at 9:01am
Reuters - New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed.

3 Feb 2012 at 8:50am
Reuters - January U.S. jobs data shows the economy continues to heal, top White House economist Alan Krueger said on Friday, stressing the importance of extending a payroll tax cut and unemployment aid over the rest of 2012 to help maintain this momentum.

3 Feb 2012 at 8:19am
Reuters - U.S. job creation is accelerating throughout the economy, giving President Barack Obama's reelection bid a boost and increasing the chances the jobless rate could improve faster than the Federal Reserve expects.

Reuters: Business News

3 Feb 2012 at 6:14pm
NEW YORK (Reuters) - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.

3 Feb 2012 at 6:14pm
WASHINGTON (Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.

3 Feb 2012 at 1:45pm
NEW YORK (Reuters) - Stock-picking once again matters on Wall Street.

3 Feb 2012 at 4:54pm
NEW YORK (Reuters) - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.

3 Feb 2012 at 4:51pm
SAN FRANCISCO (Reuters) - By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges his other passion: predicting Apple Inc's results.

3 Feb 2012 at 1:56pm
WASHINGTON (Reuters) - New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed.

3 Feb 2012 at 5:32pm
(Reuters) - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment.

3 Feb 2012 at 5:35pm
HOUSTON (Reuters) - Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses such as yacht maintenance and to pay bribes, the government's top witness said at Stanford's fraud trial on Friday.

3 Feb 2012 at 4:15pm
SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

3 Feb 2012 at 10:10am
LONDON (Reuters) - After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.

msnbc.com: Stocks & economy

3 Feb 2012 at 11:57am
The U.S. economy is like a flywheel: it takes a lot to get it going. Once it starts moving, it can pick up speed pretty quickly.

3 Feb 2012 at 7:51am
The U.S. economy creates jobs at the fastest pace in 9 months and the jobless rate drops to an almost 3-year low, raising hopes that the labor market is picking up steam.

3 Feb 2012 at 9:05am
  We already know that one key way to make more money and stay employed is to get more education.

3 Feb 2012 at 9:05am

3 Feb 2012 at 9:20am
The pace of growth in the U.S. services sector unexpectedly accelerated in January to its highest level in nearly a year, according to an industry report released on Friday.

2 Feb 2012 at 6:35am
The conventional wisdom among pundits is that President Barack Obama faces an uphill re-election battle in large part because unemployment seems stuck at historically high levels.

2 Feb 2012 at 10:22pm
The Senate approved new curbs aimed at preventing lawmakers from trading shares based on inside information, and extended the disclosure requirements to 300,000 other federal employees.

3 Feb 2012 at 3:07pm
A surge in hiring last month boosted stock prices Friday, with the technology sector hitting an 11-year high as the data boosted hopes the world's largest economy has turned a corner.

2 Feb 2012 at 7:56am
U.S. workers were more efficient in the last three months of 2001, but their gains in productivity were slower than during the prior quarter, according to new data.

2 Feb 2012 at 7:41am
New claims for unemployment benefits fell more than expected in the latest week, showing that the labor market continues to improved, albeit slowly and in fits and starts.

2 Feb 2012 at 9:50am
The United States remains within the danger zone of infection from Europe's debt crisis, but the Federal Reserve will do all it can to shield the U.S.

1 Feb 2012 at 7:37am
Private employers added 170,000 jobs in January, a new report shows. That's about half the pace needed to dig out of the jobs trench the U.S. is stuck in.

1 Feb 2012 at 9:20am
The pace of growth in the U.S. manufacturing sector picked up in January to its highest level since June as new orders improved, according to an industry report released on Wednesday.

31 Jan 2012 at 5:04pm
Facebook will file documents Wednesday morning to raise $5 billion in an initial public offering of stock, less than the $10 billion previously expected, according to published reports.

31 Jan 2012 at 5:08pm

31 Jan 2012 at 3:56pm
The so-called "January Barometer" has been an accurate market indicator 87 percent of the time since the end of WWII. And with history as a guide, if the S&P 500 finishes the month higher, so goes the rest of the year. Are there signs that this time might be different?

31 Jan 2012 at 2:58pm
Facebook could sell shares to the public in an IPO — valuing the social network from $75 billion to $100 billion — sometime between April and June. But there are four good reasons why this will be a non-event.

30 Jan 2012 at 11:03am
American consumers caught a break in their paychecks in December – and the money went right into their saving accounts. That could help ease the recent squeeze on household finances.

31 Jan 2012 at 9:07am
U.S. consumer confidence unexpectedly fell in January as more Americans worried about the country's weak job market, according to a private sector report released on Tuesday.

30 Jan 2012 at 9:55pm
Government-owned Freddie Mac has invested billions in financial instruments that profit when homeowners are stuck in high-interest mortgages, an investigation by ProPublica and NPR found.

30 Jan 2012 at 7:40am
U.S. consumer spending was flat in December as households took advantage of the largest rise in income in nine months to boost their savings, setting the tone for a slowdown in demand.

29 Jan 2012 at 11:46am
January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.

28 Jan 2012 at 4:43am
Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions ahead of the 2008 financial meltdown, says a conflict with Iran could cause a global recession.

Economic news - CNNMoney.com

3 Feb 2012 at 9:27am
American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row.

3 Feb 2012 at 12:25pm
Companies are saying the job market is getting better. Workers are saying it's already kicked into high gear.

3 Feb 2012 at 11:32am
The strong January jobs report may finally put a nail in the QE3 coffin.

3 Feb 2012 at 2:22pm
The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.

3 Feb 2012 at 11:26am
The January jobs report contains a slew of numbers that are likely to put a twinkle in the eye of Obama campaign staffers.

3 Feb 2012 at 7:04am
The Great Recession has dealt Nevada a losing hand.

3 Feb 2012 at 2:18pm
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.

3 Feb 2012 at 4:21am
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.

3 Feb 2012 at 4:46am
A new Obama administration push to strengthen U.S. manufacturing has the support of smaller firms, but it might not be enough to stir many into action.

2 Feb 2012 at 5:39pm
The Justice Department charged Switzerland's oldest bank Thursday with helping American taxpayers hide more than $1.2 billion from the Internal Revenue Service. The case marks the first time an overseas bank has been charged in the U.S. for aiding tax evasion.

2 Feb 2012 at 3:12pm
What Would Jesus ... Deduct?

3 Feb 2012 at 9:54am
The recovery remains "frustrating slow" in the United States, and now Europe's debt crisis is posing additional challenges, Federal Reserve Chairman Ben Bernanke told Congress Thursday.

31 Jan 2012 at 12:25pm
Feb. 28

30 Jan 2012 at 7:01am
Feb. 29

19 Jan 2012 at 8:52am
Feb. 17

17 Jan 2012 at 8:58am
Feb. 14

17 Jan 2012 at 8:55am
Feb. 3

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