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Leaders in the new Democratic Congress are kicking off their new session with their so-called “100-Hour Agenda.” In a “First on CNBC” interview, incoming House Majority Leader, Rep. Steny Hoyer discussed these initiatives and what's ahead.
Stocks look set to open lower as concerns about the direction of interest rates hangs over the market. Yesterday's turbulent move in stock indexes came on a wave of record trading volume. Some traders are telling us the high level of intraday volatility will be a theme for 2007 after a period of relative calm.
Today's ISM numbers show there are some stable signs for manufacturing in the U.S. But is this just a blip or can the sector keep getting strong in 2007? That question was posed to two guests on "Morning Call." Joel Naroff is chief economist at Commerce Bank. He thinks it won't. Anthony Chan is from JP Morgan Private Client Services. He thinks there are some good days ahead for manufacturing.
With the new year comes new economic data. Today it’s a double dose. The Institute for Supply Management Index released data for December Also, the government's Construction Spending figures for November are out. CNBC’s Steve Liesman sifted through the numbers and explained what they mean.
Some not so good numbers for the U.S. job market. The ADP report out today showed a decline of 40 thousand jobs for the month of December (the report focuses on the private sector). CNBC's Steve Liesman on "Squawk Box" talked about the figures along with guest host Alan Murray from the Wall Street Journal and Joel Prakken of Macroeconomic Advisors.
The number of Germans out of work rose over the politically important 4 million mark in December, with 12,000 more unemployed than in the previous month, government figures showed Wednesday.
Dutch financial services company ABN AMRO said it will cut 900 jobs or 5% of its North American workforce next year in an effort to reduce costs and improve operationalperformance.
Bob Milliken of BB&T Asset Management and Jim Paulsen of Wells Capital Management gave CNBC’s Bob Pisani their predictions for the new year.
Looking for a job? A new survey from CareerBuilder.com reveals the wide range of incentives employers are planning to use, as they fight for top talent in the new year. Today on "Power Lunch," CNBC’s Gill Griffeth highlighted the key results.
Finland's unemployment rate was 6.7% last month, down from 7.2% in October and 8% in November last year, the government statistics agency said Tuesday.
E-mail is making us lazy. Instant messaging is making us even lazier. IM has become the preferred method of communication at work whether a colleague is on another floor – or in the next cubicle. That doesn’t always make for clear, lucid conversations. Why go through all the trouble of typing out that interdepartmental request when you could just turn and ask the person?
The number of Americans filing applications for unemployment benefits dropped sharply for a second straight week, pushing total claims down to the lowest level in two months.
Sweden's unemployment rate fell to 4.3 percent of the work force in November from 4.6 percent in October, mainly due to temporary jobs and more women workers, the national statistics agency reported Thursday.
Employers appear ready to start the new year with steady hiring plans.
This morning the U.S. Labor Department released its November jobs report. The data showed a bigger jump in payrolls, a slight increase in unemployment and tamer than expected wage inflation. So what will the Fed do with this information? They meet next week. CNBC’s Mark Haines explored the possibilities with Stephen Gallagher – the Chief U.S. Economist at Societe Generale and David Greenlaw – the Chief U.S. Economist at Morgan Stanley on “Morning Call.”
The U.S. jobs numbers are out -- 132,000 new jobs – unemployment rate is 4.5% - and average hourly earnings are up 0.2%. On this morning's "Squawk Box," Mark Zandi, Chief Economist at Moody’s.com, along with CNBC’s Ron Insana and Steve Liesman sifted through all the data and weighed in on what it means.
There's late word from CNBC's Mike Huckman. He reported in "Closing Bell' that the FDA stent conference came out in support of drug-coated stents. There had been concerns the drug-coated stents caused blood clots--and the metal stents did not. But the FDA says the proof is inconclusive.
Most people link poverty with the inner city--but that's no longer the case. A newly released study from The Brookings Institution found suburban poor out numbered their city counterparts for the first time. On “Street Signs” CNBC’s Erin Burnett spoke with study co-author, Alan Berube about his report--Two Steps Back: City and Suburban Poverty Trends.
The markets are more than likely gearing up for the most anticipated piece of economic data this week--that's the U.S. jobs report for November. It comes out Friday. CNBC's Steve Liesman gave a preview on "Power Lunch." Steve said the Dow Jones Survey of Economists sees job growth of 110,000 for November.
The number of newly laid off workers filing claims for unemployment benefits dropped last week by the largest amount in six months, relieving worries about a big jump in claims in the previous week.