Jobs will return -- in 2012
01.11.09
The economy is growing again. So when are the jobs that go with growth going to get here?
Another sobering government labor report released Friday showed the economy lost 524,000 jobs in December, bringing 2008's total job loss to just below 2.6 million. Jan. 16
The Obama administration pledged unprecedented transparency in its accounting of the $700 billion bank and auto bailouts (TARP) and the $787.2 billion Recovery Act. A lot of information has been made public but there are some key details where the transparency falls far short.
The U.S. economy gained more jobs in March than any other month in the last three years, according to a government report released Friday. The banks have taken some lumps since the economy went bad. But some believe their biggest headaches are yet to come.
Treasury Secretary Timothy Geithner said Tuesday he expects a wave of banks to return government bailout money to taxpayers soon.
House Democratic leaders unveiled a sweeping health care bill Thursday that includes a more moderate version of the government-run public health insurance option.
More college graduates are heading straight into new jobs this year, a study from a college employment group showed Thursday. The potential collapse of Colonial BancGroup poses another hazard to the still-shaky housing market: Mortgages could become even harder to get.
You don't need a Ph.D in economics to know that the government fiscal year that ended last week was ugly for the budget.
More employers are planning to reverse pay cuts and other employee cutbacks, another sign that the employment picture is improving, according to a survey released Thursday.
Sales of newly built homes fell unexpectedly in September after rising for five straight months, according to government figures released Wednesday.
He famously stirred controversy with his observations about women and science while running Harvard, but in his current post as director of the White House's National Economic Council, Larry Summers received a warm welcome from the female power brokers at Fortune's summit. Consumer borrowing decreased sharply in November as the weak economy continued to weigh on household budgets.
Jan. 14
March jobs report shows growth
08.05.10
The U.S. economy gained more jobs in March than any other month in the last three years, according to a government report released Friday.
Shoppers slow down in April
08.05.10
Retail sales showed weakness in April, after March's data posted the biggest single monthly gain on record thanks to a shift in the Easter holiday.
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More college graduates have jobs waiting
08.05.10
More college graduates are heading straight into new jobs this year, a study from a college employment group showed Thursday.
Paulson, Geithner: Shed light on Wall Street
08.05.10
Henry Paulson and Timothy Geithner, two key players in the government's bailout of the financial system, said Thursday that steps should be taken to shed light on the darker corners of Wall Street in order to prevent another crisis from happening.
Another jobless summer
08.05.10
The job situation is starting to look better for grownups. But college and high school kids could be in for a long, disappointing summer.
Obama suspends new Virginia offshore drilling bid
08.05.10
The Obama administration took the first concrete steps Thursday to make good on its pledge to halt new offshore drilling projects, suspending the approval process for new wells off of the Virginia coast.
Fear index skyrockets to 13-month high
08.05.10
Wall Street's key volatility measure soared to a 13-month high Friday as stocks continued their slide, a day after computer glitches caused erroneous trades that prompted a huge sell-off in equities.