AUSTIN, Texas— The Texas unemployment rate rose slightly last month, representing the first increase in the rate this year, state officials said Friday. Major industries across the board in Texas continued to show growth, with the workforce commission saying the state added 20,100 jobs last month.» Read More
Thursday's data includes closely watched weekly jobless claims and international trade, while Treasury Secretary Tim Geithner talks TARP at a Congressional Oversight Panel hearing.
The downgrade of Greece's credit rating gave pause to the "risk trade" and could send even more buyers into the relative safety of Treasurys through year end.
Financials will be in focus on Tuesday, as BofA's board meets on a new CEO; bank execs speak before a Goldman Sachs conference, and influential bank analyst Meredith Whitney appears on CNBC's "Squawk Box."
A number of strategists have been recommending that investors steer clear of lower quality stocks and focus instead on those with better balance sheets for the next leg of the road ahead.
U.S. policymakers may be looking to recast domestic cap-and-trade efforts as a new green-oriented stimulus package that invests in clean energy, employs Americans, tackles Chinese competition and banishes carbon emissions,—all at once.
The latest overall job loss numbers showed a loss of 11,000 jobs in November and the unemployment rate fell to 10.0%. The September and October numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Every employment report in this recession has been important, but analysts say there is heightened tension around tonight's data as investors look for signs that the recovery is still on track.
On Thursday, Fed Chief Ben Bernanke will be testifying before Congress as part of the confirmation process for his second term. GE and Comcast are also expected to announce their deal over NBCU.
With unemployment surging and President Obama's poll ratings sinking, there’s growing debate about what—if anything—he can do about the situation.
With an absence quarterly earnings news, the focus shifts to economic data, in particular this Friday's jobs report.
Market analysts are expecting the ISM data on Tuesday to show further growth in U.S. manufacturing in November, while some dollar bulls are forecasting a greenback rebound in December.
The challenge for stock investors is whether to pocket more of the year's gains or ride it out in hopes of a Santa Claus rally.
US markets are bracing for a shakeup Friday after investors fled risk assets globally on concerns about Dubai's debt rescheduling.
A week's worth of economic reports has been crunched into just three days this week, and Wednesday has its share of significant data, which include jobless claims, durable goods and consumer sentiment.
Risk is on so far this holiday week, but the bigger question is how long will that trade work. Tuesday's calendar is heavy on news about housing and the consumer, including the revision to third quarter GDP.
Friday's markets have no economic indicators to consider, but Dell's disappointing after the bell earnings could spill into tech stocks.
The latest rush to gold is providing plenty of market buzz even on the quietest days.
The low volume nature of the nearly 8-month old market rally has been an ongoing concern, but now the absence of institutional players could be an issue.
Stocks could continue their uptrend on Tuesday, after Fed Chairman Ben Bernanke showed little concern about the weakening dollar and signaled that low interest rates will stay.
The market will be challenged by plenty of economic news in the coming week, as investors look for signs the recovery is taking hold. But the market could trend higher as investors rotate into higher quality names.