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Articles Written by: LESLIE WINES
The labor market has shrunk every month of this year as employers appear hesitant to take on new workers at a time when a deteriorating overall economy is hurting many businesses.
Friday's news backed the view of many economists that a recession is ...
Treasury prices rallied March after the Labor Department reported the economy last month forfeited 80,000 jobs, the heaviest labor market losses in five years.
The report suggests that a rocky period for the economy may be getting worse. However, the ...
Payrolls for January and February were revised lower by a total of 67,000 and the unemployment rate shot up to 5.1 percent, the highest since September 2005.
The economy has given up jobs every month since the start of the year and the latest report ...
Stocks are mixed in early trading and Treasurys are rallying following news that the economy gave up 80,000 jobs last month, the biggest loss in five years.
Although the job losses are a significant sign of economic weakness, some investors seem to be ...
NEW YORK (AP) -- Wall Street shares headed for a higher opening Friday, as investors waited to learn whether the economy shed more jobs last month.
Friday's market is likely to take its cues from the Labor Department's jobs report, which will be ...
From LESLIE WINES,
Buffalo News,
4 Apr 2008
"These figures tend to be good proxies for the monthly payroll changes, which obviously means that there is potential for payrolls to fall between 129,000 and 193,000, much more than the consensus forecast," said Tony Crescenzi, managing director of ...
Treasury prices rose Thursday after worries about a faltering economy were reinforced by news of a sharp jump in jobless claims and a poll showing the crucial services sector is still shrinking.
Treasurys tend to perform well when investors want safe ...
NEW YORK (AP) - Wall Street was set to drop a bit at Thursday's opening, with investors likely to show caution ahead of a second day of congressional testimony from Federal Reserve Chairman Ben Bernanke.
The Fed chief will appear before the Senate ...
NEW YORK (AP) - Short-term Treasurys sold off Wednesday after Federal Reserve Chairman Ben Bernanke appeared to hint that the central bank may be close to ending its streak of interest rate cuts.
In remarks to Congress' Joint Economic Committee, ...
Short-term Treasurys sold off Wednesday after Federal Reserve Chairman Ben Bernanke appeared to hint that the central bank may be close to ending its streak of interest rate cuts.
In remarks to Congress' Joint Economic Committee, Bernanke said the ...
