*U.S. nonfarm payrolls forecast rising 240,000 in February. WASHINGTON, March 6- U.S. employment likely rose strongly in February with the jobless rate slipping, signs that could encourage the Federal Reserve to consider hiking interest rates in June. "The jobs picture remains extraordinary healthy," said Jacob Oubina, an economist at RBC Capital Markets in New...» Read More
Treasury Secretary Timothy Geithner says the Obama administration will oppose any effort in Congress to strip the Federal Reserve of its legal mandate to pursue low unemployment.
You could call it Ben Bernanke's, "Speak softly and carry a big stick" speech. The Fed boss offers a lesson on global trade and the important role a healthy US economy plays in it.
The CEO of UBS Americas told CNBC Thursday that Federal Reserve President Ben Bernanke has “done a fantastic job” and that quantitative easing may be good for the country after all.
For many years, I’ve been a fan of Warren Buffett’s long term approach to value investing. Understanding the value of a company, regardless of its momentary stock price, is a great long term investing strategy. But it pains me whenever I read commentary from Buffett that glosses over reality or is somehow self-serving.
Despite a devastating recession, the collective personal wealth of congressional members increased by more than 16 percent between 2008 and 2009, according to study released Wednesday by the Center for Responsive Politics.
There’s something new going on in Washington, DC.
To get an idea of which GM models are the most iconic, Karl Brauer, Senior Analyst & Editor-at-Large at Edmunds.com listed his top picks.
Fedex President and CEO Fred Smith told CNBC Monday that US corporate tax rates need to be reduced to promote job growth.
Plus, Cramer highlights the most important events of the coming week.
Not that you're surprised or anything.
Now that the recession has killed the McMansion, what does the home of the future look like? It’s a lot smaller than you think.Take a stroll through the home of the future.
Confidence about the economy over the next six months is rising among CEOs worldwide, with nearly half of the US-based executives expressing optimism, according to quarterly survey by the Young Presidents' Organization (YPO).
Everyone these days is citing the findings of Narayana Kocherlakota of the Minneapolis Federal Reserve explaining why unemployment rate has risen even while the job vacancy rate has.
So what did our congressional representatives really learn from last Tuesday’s election? Not much, I fear.
Consumer borrowing increased in September for the first time since January even though the category that includes credit cards dropped for a record 25th straight month.
In today’s report, the service sector was shown to have added 154k private-sector service-producing jobs. The gain fits with recent data suggesting the composition of U.S. growth has shifted favorably, with spending moving toward services rather than manufactured products. This is of course good for the U.S. job market, because the service sector is where the vast majority of jobs exist.
The US economy added 151,000 jobs in October, while the unemployment rate remained at 9.6%. The growth came from gains in the private sector, with 159,000 jobs added in October.
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Now is the most wonderful time of the year. The challenges, chores, and annoyances unique to fall and winter can also be seen as temporary opportunities to profit.
Emergency unemployment benefit claims have tracked Wal-Mart’s stock fairly closely over the last two years.