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U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.
Publ.Date : Fri, 03 Sep 2010 15:07:11 EDT
Sept. 30
Publ.Date : Tue, 31 Aug 2010 13:18:33 EDT
Sept. 1
Publ.Date : Tue, 03 Aug 2010 15:36:24 EDT
A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.
Publ.Date : Fri, 03 Sep 2010 09:01:49 EDT
Sept. 14
Publ.Date : Tue, 17 Aug 2010 08:16:56 EDT
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Updated : Sat, 04 Sep 2010 18:38:47 GMT
 AFP - Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.
Publ.Date : Sat, 04 Sep 2010 15:56:26 GMT
 AP - A strong economy needs bustling Main Streets and a thriving middle class, not just a healthy stock market, President Barack Obama said in paying tribute to the American worker.
Publ.Date : Sat, 04 Sep 2010 17:19:01 GMT
 AFP - US President Barack Obama said better-than-expected jobs data released Friday was positive, but said it was not good enough as the economy struggles out of the deepest slump in decades.
Publ.Date : Fri, 03 Sep 2010 15:09:29 GMT
 AP - The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.
Publ.Date : Fri, 03 Sep 2010 15:49:54 GMT
 AFP - Growth of the key US services sector fell to its lowest level in eight months in August amid a weakening economic recovery, a survey report said Friday.
Publ.Date : Fri, 03 Sep 2010 16:08:50 GMT
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