Stocks have staged surprise rebounds after seemingly poor payroll reports half a dozen times in the past year. But the one time that there was...
When the Roman poet Phaedrus cautioned that "things are not always what they seem; the first appearance deceives many," he could easily have been...
The U.S. employment picture isn't pretty. At 10%, the unemployment rate is at its highest level in nearly three decades, and it's expected to move...
Despite a concerted effort by the Obama administration to rebuild the housing market, it continues to languish. The government's Home Affordable...
Shareholders were the big losers when investment-banking giant Lehman Brothers Holdings Inc. (OTC:
The Reuters/University of Michigan preliminary index of consumer confidence increased in November for the first time in...
The holiday season is traditionally the time when society extends a helping hand to the less fortunate among us. But this December, thanks to...
In a warning that focuses on the need to contain the soaring federal deficit, U.S. President Barack Obama yesterday (Wednesday) said that a continued...
Stimulus measures in Japan helped the world's second-largest economy grow at its fastest pace in more than two years, but it's unlikely policymakers...
The Eurozone economy officially emerged from recession in the third quarter, but the uneven growth throughout the region and the lingering dangers of...
Productivity at U.S. businesses blew away forecasts in the third quarter and initial unemployment claims dropped to a 10-month low last week the...
U.S. consumers curtailed spending in September for the first time in five months the government reported on Friday. Combined with a weak report on...
The U.S. economy may be experiencing a "V-shaped" economic rebound. But it's not the conventional V-shaped rebound - where the two sides are about...
U.S. Federal Reserve Chairman Ben S. Bernanke said yesterday (Tuesday) that the worst recession since the Great Depression is "very likely over."...