TOKYO, Dec 5- Japan's Nikkei fell on Thursday, adding to the previous session's worst one-day drop in six weeks, as investors stayed cautious ahead of Friday's U.S. jobs report that may give more clues as to when the Federal Reserve will reduce its stimulus.» Read More
Finland's unemployment rate continued its downward trend, falling to 8.5% last month, its lowest May rate in 16 years, the government statistics agency said Tuesday.
The coming week is light on economic data, but will be big in determining whether Wall Street's bulls are back in charge.
Thirty-seven percent of dads say they would leave their jobs if they could afford it, according to the annual Father’s Day survey from CareerBuilder. Another 38% said they would take a pay cut in order to spend more time with their children.
Three months of takeover turmoil surrounding ABN Amro are taking a toll on the Dutch bank as employees become increasingly frustrated and rivals try to lure away talent.
Michael Darda, chief economist at MKM Partners, told CNBC’s “Street Signs” that the current Beige Book is the “best of all worlds.”
U.S. employers are still taking a wait-and-see approach to adding jobs, according to a Manpower survey released Tuesday.
On “Morning Call,” Brian Stine, investment strategist at Allegiant Asset Management, and Edgar Peters, chief investment officer at PanAgora Asset Management, discussed the best places for investors’ money during the current volatile market.
Volatility is back with a vengeance, and investors will be watching next week's economic calendar carefully, with inflation data topping the list.
In an exclusive interview with CNBC, Michael Moskow, president of the Chicago Federal Reserve Bank, said he believes inflation expectations are “well contained” and he sees stronger economic growth ahead.
Mike Huckabee, former Arkansas governor and presidential candidate, told “Squawk Box” he’s “running the electric car of presidential campaigns.” Huckabee advocated change on several key fronts: taxation, health care and U.S. relations with Russia -- and used the NASCAR race as an analogy for his competitive edge.
Sony's game unit said on Thursday it planned to cut jobs in the United States and was eyeing restructuring steps in Japan as it struggles to keep up with industry rival Nintendo.
Australian employment surged way past all expectations for a second straight month in May, driving the jobless rate to 33-year lows and fuelling concerns the drum-tight labor market would eventually stoke inflation.
The White House remains optimistic about the U.S. economy, despite its forecast that the gross domestic product will drop from 2.9% to 2.3% for 2007. Chairman of the Council of Economic Advisors Edward Lazear shared his insights with CNBC’s Liz Claman on “Morning Call.”
European planemaker Airbus will unveil further details of its Power8 restructuring programme to its unions on Tuesday, hoping to dampen nationalist rivalries blamed for superjumbo production delays.
British service sector activity grew slightly more than expected in May but companies raised prices at their weakest rate in more than a year, a survey showed on Tuesday.
May's rally is already running into June, and the momentum could keep going as markets next week focus on the promise of new mergers, Fed-speak, a modest batch of economic data and corporate conferences.
Brian Gendreau, investment strategist for ING Investment Management, told CNBC’s “Closing Bell” that he sees moderate economic growth and moderating inflation ahead, but he warned that the market remains vulnerable.
The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May, while factoryactivity improved and consumers remained upbeat, according to data Friday which suggested the economy was bouncing back.
U.S. manufacturing grew a bit more rapidly in May as factory managers restocked depleted inventories, according to a survey published on Friday.
Jobs and manufacturing data combine this morning to tell the tale of the consumer and manufacturing pillars of the economy for a market set on moving higher. Stock futures are moving up after markets around the world start the month of June with gains.