CHICAGO, Dec 6- With inflation as low as it is, Chicago Fed President Charles Evans told reporters Friday that he "can't imagine" raising the fed funds rate even when unemployment falls to 6.25 percent, below the threshold the Fed has set for considering a rate hike. The fed funds rate is the rate that banks lend cash to each other overnight.» Read More
If you want to increase your chances of landing a six-figure job, it helps to know which ones have the most positions available.
The UK is bracing itself for the big squeeze. On Wednesday we will find out just where the axe will fall as the government tries to get its fiscal house in order.
The United States has exhibited emerging-market growth this year in advertising, Sir Martin Sorrell, CEO of WPP Group, the world’s largest advertising agency told CNBC Friday.
The US government should stimulate investment in order to ensure solid and sustainable economic growth, not cut taxes, Nobel Prize-winning economist Joseph Stiglitz told CNBC Wednesday.
From the looks of the latest economic forecast by the National Association for Business Economics, 2011 isn't looking so good. And that could send the S&P higher, to 1172!
Precisely because of the obvious failure of the Obama stimulus-spending program to adequately create jobs, the Federal Reserve is moving toward re-priming the pump. It’s the addition of yet another bad policy of dollar destruction to the first mistake of massive spending.
The pressure on managers to "do more with less" seems to be translating into actual shifts in hiring policies and practices. This not only has a negative effect on those seeking jobs, but also on companies that are finding it more difficult to fill the open jobs they already have.
Nobel Peace Prize laureate and United Nations diplomat Martti Ahtisaari was hoping that this year’s Nobel Peace Prize winner would be a woman, maybe even his friend Mary Robinson, the former Irish president.
If you think your old employer can't say anything bad about you when someone calls for a reference - think again.
According to several trade groups in the trucking industry, there could be a shortage of drivers next year, and the estimates range from 200,000 to as many as 500,000.
A decision on the next round of buying assets at the Federal Open Market Committee's meeting will be difficult to take as the risk of a double-dip recession has receded, St. Louis Fed president James Bullard told CNBC Friday.
The US economy lost 95,000 jobs in September, pushing the unemployment rate to 9.6%. The small growth in the private sector, with 64,000 jobs added in September, was offset by the large cuts in government workers, down 159,000.
The Great Recession has created one of the most challenging job markets in recent history, the modern job search has changed, and job seekers are frustrated, depressed and confused. They feel down, and sometimes they feel like giving up. But it shouldn’t be that way.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
For graduating MBA students five years ago, the path may have been predictable: accept diploma, sign onto a six-figure income with a major investment banking firm, and begin 18-hour workdays.
Jobs won’t come back in the short term, until companies need to hire, Neville Isdell, former CEO and chairman of Coca-Cola, told CNBC Wednesday. But it’s a long-term employment strategy, led by education, that the US lacks and needs to address, said Isdell.
September probably offered little relief in the nation's vexing unemployment problem, setting the stage for more Fed intervention that experts give only dubious prospects for success.
But that doesn’t mean there aren’t quarters worth watching. Here are Cramer’s top picks.
In the clearest calls yet by Federal Reserve officials to pump more cash into the economy, two Fed policymakers said Friday that more action would likely be needed unless the outlook improves.