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  Jobless claims data suggests labor market strength

  May 23, 2013 at 9:00 AM / ECONOMY

  WASHINGTON – The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington.
  The improving job market tone is helping to prop up housing, with […]

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  Housing improvement may herald return of U.S. workforce mobility

  May 13, 2013 at 1:28 AM / ECONOMY

  NEW YORK/WASHINGTON – When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly.
  It took just […]

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  U.S. payrolls rise more than expected, jobless rate falls

  May 3, 2013 at 6:34 PM / ECONOMY

  WASHINGTON – Employment rose faster than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy bear the blow from belt-tightening in Washington.
  Nonfarm payrolls rose […]

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  Weak job gains cast shadow on U.S. economic outlook

  April 5, 2013 at 1:32 PM / ECONOMY

  By Jason Lange (Reuters) | Fri Apr 5, 2013 9:20am EDT
  WASHINGTON – American employers hired at the slowest pace in nine months in March, a sign that Washington’s austerity drive could be stealing momentum from the economy.
  The economy added […]

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  Apartment vacancy falls to lowest level since 2001

  April 3, 2013 at 5:09 PM / ECONOMY

   
  The U.S. apartment vacancy rate fell to its lowest level in more than a decade, but persistent stagnant income growth for U.S. workers has tempered the ability of landlords to raise rents, according to an industry report released on Wednesday.
  The […]

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  Bernanke: U.S. policy a plus for world, Video

  March 25, 2013 at 10:38 PM / ECONOMY

  Mar 25 – Federal Reserve Chairman Ben Bernanke defended the central bank’s easy monetary policy- saying it’s also a boost for other countries, while New York Fed President William Dudley says not time yet to talk of exit. Bobbi Rebell […]

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  VIDEO: S&P 500 tries but fails at new record

  March 25, 2013 at 10:29 PM / ECONOMY

  Summary of business headlines: Market euphoria over Cyprus deal is short lived; Boeing tests 787; Tobacco heat up Dollar General profits; BlackBerry z10 debut panned by Goldman; Fed officials sell low-interest strategy. Conway G. Gittens reports.

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  Cyprus bailout goes down to the wire, VIDEO

  March 24, 2013 at 8:24 AM / ECONOMY

  Bank workers in Cyprus threaten to strike over fears for their jobs as the government races to seal an 11th-hour bailout deal with the European Union. Sarah Charlton reports.

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  Chicago Closing 54 Schools To Tackle Budget Deficit, VIDEO

  March 24, 2013 at 2:09 AM / ECONOMY

  Chicago Public School officials announced plans to close the underutilized schools by the end of the school year.

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  Fed Holds Firm to Stimulus Plan Despite Brighter Economy.

  March 20, 2013 at 9:52 PM / ECONOMY

  WASHINGTON  – The Federal Reserve on Wednesday pressed forward with its aggressive policy stimulus despite improvements in the U.S. economy, pointing to still-high unemployment, fiscal headwinds out of Washington and risks from abroad.

  Meeting as turmoil in Europe took another turn for […]

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  Unemployment Rate Down To 7.7

  March 8, 2013 at 6:06 PM / ECONOMY

  February Jobs Report: U.S. Economy Adds 236,000 Jobs; Unemployment Rate Down To 7.7. A. Despite constant budget fights in Washington, the U.S. economy managed one of the best months for job gains in the past year in February, driving the […]