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The U.S. manufacturing sector staged a surprise recovery, while consumer sentiment improved in January, but construction spending in the U.S. fell for the third month in a row, reflecting continued weakness in the housing sector.
U.S. employers unexpectedly cut 17,000 non-farm jobs in January, the first time in nearly 4-1/2 years that U.S. payrolls shrank.
Today's payroll numbers are in and this is the first month since August 2003 that the economy shed jobs instead of adding. Total non-farm payrolls fell by 17,000. On the flip side, December's meek increase was revised up from 18,000 to 82,000. So what is the underlying trend?
The first nonfarm payroll report of the year could bring some relief to the market if payrolls rise as expected. But seasonal factors bringing more volatility than usual make the report particularly hard to handicap.
Consumers spent less in December than at any time in the past 15 months while applications for unemployment benefits soared last week, two more signs the economy is weakening.
After stocks decline following a hefty half-point cut, what more can the Fed chief do?
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The Fed cut interest rates another half point, but economists are divided about whether its policy statement will successfully manage market expectations.
The statement released by the Federal Open Market Committee after its January 29-30 meeting on interest rate policy.
The Federal Reserve cut its key interest rate another half point, as expected, and sparked a stock market rally by signaling that further rate cuts are possible.
The Fed is expected to lower U.S. interest rates another half-point Wednesday as part of an ongoing effort to bolster the economy.
Though there’s been much debate over how much the Fed should cut rates, the central bank's statement may be more important to the Fed’s credibility and market expectations.
U.S. economic growth skidded to a five-year low of 0.6% in the fourth quarter, reflecting the toll a slumping housing sector has taken on the national economy.
U.S. private employers added 130,000 jobs in January, a report by a private employment service said on Wednesday.
Critics of many stripes think Bernanke is doing a poor job, whether it is lowering interest rates for the wrong reasons or keeping them too high for too long.
U.S. individuals and businesses are likely to see their borrowing costs drop further as the Federal Reserve weighs another interest-rate reduction to bolster a sagging economy.
Japan's jobless rate was flat in December but the ratio of jobs to applicants hit a two-year low, suggesting that rising raw material costs and growing pessimism on the economy are making firms reluctant to boost hiring.
Recession. Bear market. Credit crunch. Is it better to stay out of the stock market or use the recent selloff as a buying opportunity?
Talk may be cheap, but the endless chatter about a looming recession may wind up being very costly to the US economy.
The best thing about the week ahead in the markets is that the past week, with its mad, panicky volatility, is over.