RPT-FED SAYS UNEMPLOYMENT RATE DECLINED BUT A RANGE OF LABOR MARKET INDICATORS SUGGEST SIGNIFICANT UNDERUTILIZATION OF LABOR RESOURCES.» Read More
The economic stimulus package is expected to start creating millions of new jobs in certain sectors.
Costco Wholesale announced plans to close two Costco Home stores Thursday as part of the discount retailer's cost-saving program to combat falling consumer spending.
March sales fell sharply for General Motors, Ford Motor and Chrysler, but not as much as industry analysts had feared for any of the companies. Sales of Japanese automobiles also fell, though less steeply than they did for U.S. automakers.
Wednesday: Pending sales of existing U.S. homes inched upward but home values keep slipping. Job losses in the U.S. private sector accelerated more than expected in March but planned layoffs are down. Pres. Obama urged unified action at the G20 meeting. Four regional banks were the first to pay back TARP funds. CNBC heard from experts who said the market will make a major move around Easter — and went overweight in stock portfolio allocation.
Automakers were set to release their March U.S. vehicles sales on Tuesday amid continued uncertainty about the future of U.S.-based car makers.
The end of higher education? And yes, I mean that as a play on words—sorry, it's April Fool's day so I had to do something to make myself look like, well, a fool.
Another round of layoffs was announced on Wednesday, adding to the gloom over rising unemployment.
We all get choices that take us in completely different directions: career in one industry v. another; entrepreneur v. employee; stay-at-home parent v. career outside the home. These decisions encompass so many variables that it is hard to consider each tradeoff on its own (i.e., compensation, career growth, work/life balance).
Tuesday: Consumer confidence squeaked above its record low. Ford announced an incentive program -- covering payments if a buyer is laid off -- similar to Hyundai's. GM's new CEO Fritz henderson said bankruptcy is possible within 60 days. J.P. Morgan said global banks will write down $17 billion more. CNBC heard from experts who said retail looks less scary, housing is finally coming back — but warned that inflation could be "kryptonite" for bonds.
Altering mark-to-market accounting rules would bring more opacity to the financial system, said Nassim Taleb, “The Black Swan” author.
The future of General Motors and Chrysler remained in limbo after US President Barack Obama told the US automakers they had not yet done enough to secure emergency government funding Monday.
And Ben Bernanke is no Roy Young. What the heck is Cramer talking about? Read on to find out.
The squeeze is on. With the economy in a deep sleep, private and public institutions are cutting costs with a vengeance.
Just because you lost your job or your home doesn't mean you have to spend your days wrapped in a gin-soaked Snuggie watching Oprah. One company is offering a contest to help you turn your recession woes into a dream vacation.
I’m 55 and not really happy with my job any more. I’d like to retire but I’m not sure I have enough money. What should I do?
A touching story about one man who went from executive, to janitor and back again.
With so many people hitting the web for job opportunities, it's no wonder the scammers are out in force. Here's what to watch for.
The recession hit Comedy Central's "South Park" this week, as the cartoon potty mouths confronted job losses, store closings and hot dogs for dinner—again.
No, you are not making a good impression an anyone when you pass out your business card with your email address and phone number to virtually everyone you meet. In fact, your glad-handing behavior makes you look like a jerk at best and a loser at worst.
It was just a couple of months ago that Google confirmed that it would be cutting 100 employee recruiters, its first layoffs, and so symbolic in the wake of the nearly 14,000 workers the company has hired over just the past three years.