The number of new U.S. unemployment claims rose sharply last week, even as retail sales gained solidly.» Read More
The employment crisis is expected to worsen as companies stay reluctant to hire. Many economists expect a jobless recovery, putting pressure on President Barack Obama and congressional Democrats to stimulate job creation.
The United States has lost its perch as the global financial center of the world, something economist Nouriel Roubini attributes to the lingering effects of the 2008 credit collapse.
Agriculture will be the biggest industry to profit from in the coming decades, well-known investor Jim Rogers told CNBC.
There has been quite a bit of newsprint, bandwidth and hot air invested in whether the Obama Administration might push for a second stimulus package. But when you look at the current stimulus package, it's a bit of a head scratcher, considering so little of it has been spent.
Men account for three quarters of the 7 million U.S. job losses, leading to talk of a “man-cession.” With male unemployment rampant, women are on the cusp of a historic breakthrough.
Strong headwinds will hit the US economy once 2009's stimulus programs run out, Pimco's Mohamed El-Erian said Tuesday.
A "wall of liquidity" has helped prevent another Great Depression even though the economy faces a period of long, slow growth ahead, economist Nouriel Roubini told CNBC.
Former Fed Chief Alan Greenspan predicts that the unemployment rate will push past 10 percent and stay at that level for a while.
Uneven economic news is spooking stocks this October, but third quarter earnings could be one factor that helps keep the market's 7-month rally intact.
Policy makers are likely to continue backing a weak dollar until the economy shows substantial improvement, Pimco's Bill Gross told CNBC.
Wall Street's bears have the upper hand ahead of Friday's September jobs report, expected to show a decline in September of about 200,000 non-farm payrolls and an unemployment rate of 9.8 percent.
Toy retailers and makers plan to make the best of it by offering more deals and cut-price versions of more expensive toys that they hope will spur parents to spend even if they're scrimping elsewhere. Two influential lists of expected hot holiday toys show only one over $100.
A 13-week extension of unemployment benefits in the 27 states with the highest jobless rates is being slowed by some lawmakers upset that their own states would be left out.
Thursday's economic reports should paint a fairly current picture of the state of manufacturing, housing, and the consumer, all key pillars of the economy.
The August unemployment rate fell in about 60 percent of metropolitan areas from the previous month, as layoffs eased nationwide.
Traders are looking straight past quarter end to the September jobs report at the end of the week.
The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets.
Wall Street will quickly shift its focus to corporate earnings news once the books are closed on the third quarter this week.
The Federal Deposit Insurance Corp. is expected to take the unprecedented step of collecting banks' regular premiums early to inject cash into the shrinking deposit insurance fund.
October could bring some rock and roll back to the stock market. "It's been a good run so far, so we should expect some kind of turbulence," said J.P. Morgan chief equities strategist Thomas Lee.