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Planned layoffs rose sharply in March, largely due to reduction of government payrolls, staffing consultancy company Challenger, Gray & Christmas reported Thursday.
"We're just at the point now where the economy's likely to start creating jobs on net," Treasury Secretary Timothy Geithner told NBC's "Today" show . "The unemployment rate is still terribly high, and it's going to stay unacceptably high for a long period of time," he added.
When the financial crisis froze markets and drove the U.S. economy deeper into recession, the Federal Reserve stepped in. Now it is stepping out , and that leaves two important questions for investors.
Economists aren't scaling back their predictions of sizable job growth in Friday's March payrolls report, despite a report Wednesday that the private sector unexpectedly lost jobs during the month.
Home prices showed the smallest annual decline in almost three years in January, indicating there are surprising areas of strength in the housing market.
That tattoo you’ve been considering on your next trip to Minnesota may fall off your to-do list, if the state’s legislature is successful at passing a bill to tax that service. The push is part of a drive in various states to raise revenue by taxing services that largely go untaxed.
The SEC now has more staff with experience with complex financial products in the agency and has more financial crisis-related cases in the works, Mary Schapiro, chairman of SEC, told CNBC Monday.
This year, teens and young adults looking for summer jobs are going to have just as rough a time finding employment as they did last year as they compete with more experienced out-of-work professionals for the same jobs.
Many Americans know the deficit has exploded this year. What may be less well-known is that the problem is not confined to this year or next, but stretches out at least a decade and represents a historic, multi-trillion-dollar change in the country's fiscal fortunes.
Unemployment continued to rise several states in February—even breaking records in four states, according to government data released Friday.
Richard Bernstein, former chief investment strategist at Merrill Lynch and CEO of Richard Bernstein Capital Management, told CNBC today that he sees the economy charging ahead, as if "on steriods."
Americans who managed to keep their job and income steady through the recession can look forward to higher state and local taxes and fees, fewer services—and less pocket money.
The worst looks to be over for private-sector unemployment, but it may be just beginning for state and local government workers. Federal workers, however, face no such worry.
In the weeks and months after the quake, some have begun to question whether the event opens new opportunities for restructuring of Haiti's government and economy, literally from the ground up.
Friday's better-than-expected jobs report, while cheering stock investors, hasn't taken the threat of a double-dip recession off the table.
While Washington debates how to help the country’s struggling small businesses, states and municipalities have stepped up with an array of initiatives to stanch closings and save jobs. The New York Times explains.
The number of buyers who agreed to purchase previously occupied homes fell sharply in January, a sign that demand for housing is sinking this winter, especially after stormy weather hit much of the country.
Forecasts for February payrolls range from a drop of 150,000 jobs to an increase of 100,000. What do you expect? Vote in our poll.
Despite professed enthusiasm from House Speaker Nancy Pelosi Friday, some Democrats are saying they may not have enough votes to pass a jobs bill next week.
The Federal Reserve will keep interest rates low until a stronger recover is underway, but the Fed is still bracing itself to pull easy money from the market, said Charlie Evans, the Chicago Federal Reserve President.