Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glummest it's been in seven months. At 53, Hunter now works three days a week for $9.25 an hour, mopping floors and fixing fryers at two McDonald's restaurants in Chicago.» Read More
Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago, reports the New York Times.
This is a day-by-day look into what Cramer plans to monitor in the days ahead.
The recent spike in crude oil prices will be evident in headline inflation gauges but will have a "very limited effect on core" ones, former Fed vice chairman Don Kohn told CNBC Friday.
For the first time in out five-year old study, states are de-emphasizing their cost of doing business—including taxes and utility rates—while placing more emphasis on quality of life and transportation/infrastructure. So we're adjusting our weightings and point system.
Now that the much-anticipated pullback has arrived, traders are debating how low the skittish stock market can go. But one thing's for sure: It'll have a lot to do with oil.
Discussing optimism among U.S. businesses and the challenges that still remain, with H. Wayne Huizenga, Huizenga Holdings chairman.
By most measures, including key ones such as sales and jobs growth, the great growth engine of the American economy in the past four decades is still in a recovery mode—not an expansionary one., as is the manufacturing sector.
Casting about for innovative job-creation ideas, President Barack Obama is naming one of his critics to an advisory council responsible for finding new ways to promote economic growth and bring jobs to the U.S.
In his new book "WORKAROUNDS THAT WORK: How to Conquer Anything That Stands in Your Way at Work," Russell Bishop writes if you're without a job - maybe it's time to consider a "workaround" - a new way of thinking to remove those mental and physical blocks that prevent you from getting a job - even if what's preventing you from getting a job is...YOU.
You greet the job applicant in the lobby: "Did you have any trouble finding us?" you ask. You're the interviewer, and you've got two questions—this isn't one of them. This is a filler.
"The simplest answer is that during normal times, we would see inflation," says one economist. "What people are missing is these are not normal times."
Velma Hart, who told President Obama last fall she was "exhausted" defending his economic performance, has a new job.
President Obama is proposing to ride to the rescue of states that have borrowed billions of dollars from the federal government to continue paying unemployment benefits during the economic downturn, the New York Times reports.
Surviving on a single salary, after you’ve built a life on two, takes planning, discipline and above all else, a willingness to make tough choices.
In agreeing to buy The Huffington Post for $315 million, AOL is putting what appears to be a significant premium on the ability to attract and build a community of readers, the New York Times reports.
"Equities markets, as far as geopolitical events are concerned, tend to price them in and tend to move on," says one equities strategist. "I do not think the risk is over and done with, but the risk looks smaller today than it did."
The January employment report was a complete snow job. Abominable winter blizzards across the country caused 886,000 workers to report “not at work due to bad weather,” according to the Bureau of Labor Statistics. This is 600,000 more than the normal 300,000 not at work for the average January of the past decade.
In addition to signaling slow growth in jobs, the unemployment report reinforces the deep synergy between the Federal Reserve and the stock market.
The jobs numbers on Friday were a mixed bag with employment rose far less than expected in January, but the unemployment rate fell to its lowest level since April 2009. But one former federal budget director thinks these numbers tell a different story.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.