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Dec. 9 (Bloomberg) -- Pacific Investment Management Co., which manages the world’s biggest bond fund, said “more dollar weakness should be expected,” and declines in its value may help redress global economic imbalances and spur growth in the U.S. economy.
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The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, pushed up by layoffs in seasonal industries, according to a government report on Thursday that indicated improvement in the labor market would be only gradual.
The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight weeks. Despite the increase, claims have fallen steadily since this summer, a sign that job cuts are slowing and hiring could pick up as soon as early next year amid a broad economic recovery.
After a bipartisan meeting with Congressional leaders, President Obama stressed the importance rebuilding the U.S. economy and putting our nation's economic woes behind us.
(RTTNews) - Thursday morning, the Commerce Department released its report on U.S. international trade in goods and services in the month of October, showing that the U.S. trade deficit unexpectedly narrowed compared to the previous month amid a notable increase in the value of exports.
WASHINGTON — The U.S. trade deficit unexpectedly narrowed in October as exports surged to the ...
ST. LOUIS----In spite of the financial crisis and slumping U.S. economy, nearly half of registered investment advisors reported positive growth in their practices and improved client satisfaction within the past year, according to a new study of RIAs commissioned by Scottrade Advisor Services.
Low interest rates will prevail through most of next year as the U.S. economy expands modestly and the unemployment rate remains stuck in double digits, the UCLA Anderson Forecast group said on Wednesday.
To many of us, opening a business in a bad economy seems like a scary thought. On Tuesday, President Barack Obama announced plans to reinvigorate the U.S. economy and create jobs.
The Department of Labor reported that in November, the U.S. economy only lost 11,000 jobs, a stunning development given the consensus estimate from economists that 125,000 were lost during the month. Unemployment dropped to 10% in November from a 26-year high of 10.2% in October. (PRWeb Dec 9, 2009) Read the full story at http://www.prweb.com/releases/jobs/economy/prweb3313974 ...
The tally of newly laid-off workers seeking jobless benefits rose more than expected, after falling for five straight weeks.
Rise More Than Expected, Though Continuing Claims Drop Sharply
Dec. 9 (Bloomberg) -- Pacific Investment Management Co., which runs the world’s biggest bond fund, said the dollar is poised to fall and the decline may help spur the U.S. economy.
The supersized recession that was a boon for McDonald's business last year caught up some with the burger franchise in November, as high unemployment ate into sales. While the world's largest burger chain is still faring better than its competitors, who've increasingly been pushing value menus and discounts of their own, the restaurant's fortunes probably won't improve unless the U.S. economy ...
WASHINGTON (AP) - President Barack Obama set out fresh plans Tuesday to reinvigorate the U.S. economy, focusing on incentives to small businesses and ....
Dec. 8 (Bloomberg) -- U.S. retail sales rose for the 13th straight week in the beginning of December as markdowns and holiday promotions spurred shoppers to spend.
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