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Stocks were set for a flat start Friday, as investors reacted only briefly after the personal income report trounced expectations.
Job losses slowed dramatically in May, according to the latest government reading on the battered labor market, even as the unemployment rate rose to a 26-year high. But some experts cautioned that the job market remains weak.
In the midst of a recession, massive job loss announcements have become commonplace. But after some reports Wednesday, economists are starting to talk about a job market recovery.
A key index of prices paid by consumers fell at the sharpest rate since August 1955 due to historically low energy prices, the government said Friday.
Stocks turned mixed Tuesday morning after falling in the early going, as investors considered a range of quarterly results but also opted to dip back in after the previous session's retreat.
The number of people filing initial claims for unemployment benefits fell last week, while those filing for continuing claims hit an all-time high for the 11th straight week, according to a government report released Thursday.
Stocks tumbled Friday morning as investors took a step back after boosting equities more than 20% over three the past weeks.
It's easy to feel overwhelmed at the fish counter. Which is tastiest? Which is healthiest? Which is the most sustainable choice?
Stocks inched higher Wednesday morning, but gains were tentative following the previous session's rally, Wall Street's biggest advance of the year.
The United Nations is urging countries to invest in green jobs working with "sustainable forest management" to address the growing problem of unemployment worldwide.
Stocks were set for a flat start Friday, as investors reacted only briefly after the personal income report trounced expectations.
Job losses slowed dramatically in May, according to the latest government reading on the battered labor market, even as the unemployment rate rose to a 26-year high. But some experts cautioned that the job market remains weak.
In the midst of a recession, massive job loss announcements have become commonplace. But after some reports Wednesday, economists are starting to talk about a job market recovery.
A key index of prices paid by consumers fell at the sharpest rate since August 1955 due to historically low energy prices, the government said Friday.
Stocks turned mixed Tuesday morning after falling in the early going, as investors considered a range of quarterly results but also opted to dip back in after the previous session's retreat.
The number of people filing initial claims for unemployment benefits fell last week, while those filing for continuing claims hit an all-time high for the 11th straight week, according to a government report released Thursday.
Stocks tumbled Friday morning as investors took a step back after boosting equities more than 20% over three the past weeks.
It's easy to feel overwhelmed at the fish counter. Which is tastiest? Which is healthiest? Which is the most sustainable choice?
Stocks inched higher Wednesday morning, but gains were tentative following the previous session's rally, Wall Street's biggest advance of the year.
The United Nations is urging countries to invest in green jobs working with "sustainable forest management" to address the growing problem of unemployment worldwide.
January was one of the worst months for layoffs ever, with nearly a quarter-million job-cut announcements grabbing headlines.
The nation's manufacturing activity contracted in January for its 12th straight month, but the rate of decline slowed, according to a Monday report.
The final week of January began with a bloodbath for the job market, as over 65,400 more cuts were announced on Monday alone.
India has culled more than 4,000 birds in Sikkim since the outbreak of avian influenza in the remote northeastern state last week, federal authorities said Thursday.
Job hopping, a widely accepted way to get ahead, has gone by the wayside as workers fear making moves will make them more vulnerable to layoffs.
The trade deficit rose unexpectedly in October as U.S. exports plummeted, according to a government report released Thursday.
A U.N. report says hunger is on the rise globally and blames higher food prices.
The already bruised labor market could see further losses, according to a report issued Monday by a leading business research organization.
Consumer borrowing unexpectedly decreased in October as the weak economy continued to weigh on household budgets.
A closely watched index of the nation's manufacturing activity fell to a 26-year low in November and stands at a level indicating overall economic contraction for the second straight month.
The troubled U.S. economy posted its biggest drop in seven years, according to a government report Tuesday.
Lending rates remained near historically low levels Wednesday as banks struggled to put the credit crisis behind them.
The number of Americans filing new claims for unemployment insurance last week was higher than economists expected, and the number continuing to collect benefits shot to a 25-year high.
New orders for manufactured big-ticket items rose in September, the government said Wednesday, but much of the growth has been attributed to defense spending.
October can be the cruelest month for stocks, and this October is shaping up to be the cruelest of them all.
The number of states suffering monthly job losses more than doubled in September, with Michigan losing the greatest number of jobs, according to a government report released Tuesday.
Bank lending rates continued to ease Tuesday as government efforts to stabilize the financial system appear to be encouraging some lenders to offer less stringent terms.
Personal spending stagnated in August as the slowing economy continued to weigh on consumers, according to a government report released Monday.
Record oil prices sent the trade deficit to a 16-month high in July, according to a government report released Thursday that also showed signs of economic weakness.
A key measure of the nation's manufacturing activity fell in August, reaching a level that indicated contraction in the sector even as falling oil prices helped lower some business costs.
Personal income fell in July by the biggest drop in 3 years after surging the prior two months because of $90 billion in economic stimulus payments.
Manufacturing conditions in the mid-Atlantic region were negative for the ninth straight month, although there was some improvement in August, according to a report issued Thursday.
Bond prices were mixed Tuesday as investors appeared torn between inflation concerns and fresh signs of economic weakness stemming from the ailing housing market.
The farmlands are bursting with grain but the country is still suffering from starvation. Somehow good intentions have brought on perpetual want
Service sector business activity declined in June, according to a key survey released Thursday that showed continued economic weakness.
A key measure of the nation's manufacturing activity rose unexpectedly in June, reaching a level that indicated expansion in the sector for the first time since January.
Sales of existing homes rose slightly more than expected in May as home buyers responded to plummeting home prices, according to an industry trade group.
The Federal Reserve left its key short-term interest rate unchanged Wednesday at 2%, marking the first time in the nine months that it did not cut rates.
Consumers and economists strongly disagree about which direction the economy is going.
It wasn't so long ago that biofuels were being heralded as the savior of the planet and a thoroughly green solution to our climate woes. But fair winds have been replaced by persistent storms of criticism. But is it justified? Principal Voices has spoken to three people -- an economist, a scientist and an environmental campaigner -- at the heart of the biofuels debate. Here, they have their say on biofuels. Have yours at bottom of the page.
World food production must rise by 50% by 2030 to meet increasing demand, UN chief Ban Ki-moon told world leaders
Initial claims for unemployment benefits fell last week, a Labor Department report issued Thursday showed.
Industrial production fell in April, matching the largest decline since the one following Hurricane Katrina, according to a report released by the Federal Reserve on Thursday.
The United Nations is establishing a task force to address the global food crisis, which is "increasingly resulting in social tension," the world body said Tuesday.
The leaders of Japan and the European Union expressed their "strong concern" Wednesday over high food and oil prices and highlighted the "urgent need" to address it.
It appears the global food crisis can be averted. The solution? The humble potato.
The trade deficit rose in February, contrary to an expected decrease, according to a government report Thursday.
In a surprising flash of good news for the U.S. economy, businesses added jobs in March, according to a survey of private sector employers released Wednesday.
Construction spending fell in February, according to a government report released Tuesday, but the decline was less than expected.
Two United Nations contract workers, a Briton and a Kenyan, were kidnapped Tuesday in southern Somalia, according to the U.N. Food and Agriculture Organization.
It is said that nowhere else on earth will the impacts of climate change be felt more acutely than in the developing world.
It is commonly said that we know more about the Moon than the deep blue sea.
New filings for unemployment claims fell last week, according to a report released Thursday by the Labor Department.
True or False: Salmon farms drain our protein supplies as it takes 3-4kg of wild fish feed to produce 1kg of salmon.
Musharraf's party lost the election because of the price of flour and food. It's the foremost problem facing the next government
A new U.N. report says the soaring price of oil may be leading to food shortages and hunger in the developing world
GREENHOUSE GASES The average American's use of transportation and electricity releases 10 tons of carbon dioxide into the atmosphere each year. The goods and services she consumes are responsible f...
Ever felt guilty about the food or the old television you chucked out? Perhaps you are a freegan at heart. Ever seen a group of healthy-looking young people going through the garbage and wondered what they are up to? Perhaps you have had a rare sighting of a freegan.
Monday, October 16 is World Food Day, marking the date on which the Food and Agriculture Organization of the United Nations was founded in 1945.
IDEA NO. 7 Find a desirable Third World niche product and industrialize it.
The bird flu virus could become endemic in Turkey and poses a serious risk to neighboring countries, the United Nations' Food and Agriculture Organization (FAO) says.
While health officials have serious concerns about the H5N1 bird flu virus becoming a pandemic, they say it won't be a worldwide threat until the virus is able to spread easily between people.
Small-scale farmers across Asia will need to modify their animal husbandry practices if a bird-flu pandemic is to be avoided, world health experts have been told.
The World Health Organization is trying to calm fears that the reported infection of cats with bird flu could signal an increased risk to humans.
United Nations health experts have issued stern warnings about bird flu as the human death toll in Asia rises to 18.
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