Atlantic City is engaging in another type of gamble: convincing investors to buy its junk-rated bonds.» Read More
As crude oil prices continue slipping, pink slips are mounting in the oil patch, USA TODAY reports.
Ahead of Obama's speech at his sixth State of the Union speech, Ben White, chief economic correspondent at Politico, says President Obama's main priority is "to associate himself with the recovering American economy" and his future plans with economic inequality.
Global unemployment is set to rise in the next five years, with joblessness forecast to increase by 3 million in 2015, according to the ILO.
BEIJING, Jan 20- One of China's official measures of its unemployment rate, also known as the survey-based unemployment rate, stood at 5.1 percent in 2014, the Chinese statistics bureau said on Tuesday. The comment followed data that showed the world's second-largest economy grew 7.3 percent in the fourth quarter, a rate that was near a six-year low.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. President Obama delivers his State of the Union Tuesday. Monday is a holiday and the ECB is expected to announce its own stimulus program.
After last week's U.S. nonfarm payrolls data, Jim O'Sullivan, chief U.S. economist at High Frequency Economics, discusses how significant the wage decline in America is.
WASHINGTON, Jan 15- U.S. producer prices in December recorded their biggest fall in more than three years on tumbling energy costs while underlying inflation pressures were tame, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy. The Labor Department said on Thursday its producer price index for final demand declined 0.3...
WASHINGTON, Jan 15- The number of Americans filing new claims for unemployment benefits last week increased to the highest level since early September, but the underlying trend continued to point to a strengthening labor market. Initial claims for state unemployment benefits rose by 19,000 to a seasonally adjusted 316,000 for the week ended Jan. 10, the Labor...
Steve Almond, global chairman at Deloitte, says that business leaders need to be as focused "on people and purpose, as they are on products and profits," as millennials change the way they look for employment.
Gary Turner, managing director at cloud-based accounting platform Xero UK, explains why the company is seeking to capitalize on working from home, as behaviour shifts.
As job growth surges, wages and inflation remain low. Discussing this trend, with Ian Shepherdson, Pantheon Macroeconomics, CNBC's Michelle Caruso-Cabrera and Steve Liesman.
It looked like a happy holiday for workers looking for retail jobs during the industry's busiest time, but reality didn't live up to the expectations.
Tips for job seekers who feel too old to rehire but too young to retire.
Here are 7 ways market leaders stay ahead of the competition — and ahead of the curve.
Despite anecdotal evidence, a new study is dismissing the U.S. manufacturing renaissance as little more than a "myth."
Jan Hatzius, chief economist at Goldman Sachs, says that low wage growth in the U.S. is holding down core price inflation, which will delay a U.S. Federal Reserve rate hike beyond June's meeting.
If Thursday's unemployment rate shows an uptrend towards 6.5 percent, the Reserve Bank of Australia may consider cutting rates in February or March, says David Degaris, Director & Senior Economist at NAB Global Markets Research.
Apart from losing 273,000 workers last month, most of the job growth happened in the group aged over 55 who are not intense consumers, says Tony Nash, Vice President at Delta Economics.
SINGAPORE, Jan 12- Gold rose to its highest level in a month on Monday as the dollar slipped on concerns over weakness in the U.S. labour market, burnishing the metal's safe-haven appeal. *Spot gold climbed to $1,226.16 an ounce- its highest since Dec. 12, before settling up 0.2 percent at $1,224.70 by 0035 GMT. *In a reflection of investor sentiment, SPDR Gold Trust, the...
Richard Harris, Chief Executive at Port Shelter Investment Management, says December's jobs report is encouraging and explains why U.S. retail sales are rising amid stagnant household income.