CHEYENNE, Wyo.— Wyoming's unemployment rate stood at 4 percent in June, down from 4.6 percent for the same month last year. The Research& Planning section of the Wyoming Department of Workforce Services reports that the state's unemployment rate has remained between 3.7 percent to 4 percent since March.» Read More
The global economy will struggle more than people now think, as the credit crunch spreads beyond housing and financials, Gerald Hassell, Bank of New York Mellon president, told "Squawk Box Europe" Friday.
Stocks could continue to let off steam at the open Friday.
The U.S. economy grew slightly faster than initial thought in the first quarter, while the job market remained sluggish last week, according to data released Thursday.
Now that the Fed's June meeting is out of the way, the focus on economic data will intensify as investors try to find a road map for the markets.
Following are the “Fast & Furious” trades. Here's how to trade earnings from the homebuilders and credit cards. Plus tomorrow's other market moving events!
Before getting into the nuances of the statement, it’s important to not lose sight of the overall action: for the first time since the Fed began cutting rates in September — by 3.25 percentage points in total — the Fed stood pat today. That is probably a clearer indication of what the Fed will do next than anything the Fed said.
The Federal Reserve will hold its key interest rate at 2 percent for the remainder of the year as the economy winds through the various challenges it faces, according to bond manager Bill Gross.
New orders for long-lasting U.S. manufactured goods were unchanged in May after two consecutive months of decline.
The Federal Reserve finds itself in an uncomfortable situation: Staring down the barrel of inflation with limited options on what it can do.
Unemployment, which has been relatively benign during the economic downturn, is expected to become a bigger problem.
The average asking price of a UK property fell in June as mortgage providers cherry-picked customers and competing properties outnumbered buyers by 15 to 1, property advertiser web site Rightmove, one of Britain's biggest, said.
Imperial Tobacco Group said Thursday that it plans to slash its work force by around 6 percent as part of its restructuring plans after its recent takeover of Spanish rival Altadis.
You need health insurance, period. So why do employers make it so painstaking to figure out?
Companies and their employees are searching for new ways to deal with soaring gasoline prices that have risen to heights unimaginable only a few months ago.
Getting more foreign models to walk New York city catwalks is apparently a topic more than a few readers feel passionate about. After reading some of your emails, I decided to post a few responses since they seem to cover a wide array of opinion on this sexy slice of the otherwise serious topic of H1-B visa reform.
A gauge of manufacturing in New York state contracted in June for the fourth time in five months, the New York Federal Reserve said in a report on Monday that also painted a mixed picture on inflation.
Americans could be celebrating the Fourth of July with $5-a-gallon gas, and the effects will ring out from sea to shining sea.
Soaring gasoline and energy prices helped drive up U.S. consumer prices during May by the fastest rate since November, a government report showed.
Anthony Weiner is sponsoring a bill that gives models “of distinguished merit and ability” their own visa classification (P-4 status) which would group them with entertainers and athletes.
With Fed Chairman Ben Bernanke sounding alarms about inflation, the consumer price index is expected to have risen by 0.5 percent in May.