Paul Swinand, Equity Analyst at Morningstar discusses why despite recent strong data, the Fed is likely to hold off on trimming stimulus next week.» Read More
Pimco’s Mohamed El-Erian might like what he sees in President Barack Obama’s $447 billion jobs package but not so Marc Faber, the author of the Gloom, Boom and Doom report, who is not happy about the President’s plan.
Judging from President Obama's impactful speech this evening, the Administration has at long last recognized the severity of America's unemployment crisis and the need for a comprehensive policy response.
Markets Friday will debate the merits of President Obama's $447 billion jobs package and monitor G-7 finance ministers, who meet in France against a backdrop of weaker global growth and fears of financial contagion from Europe.
Jobs are on everyone's minds lately, but CNBC's Jane Wells reports that job postings are actually on the rise.
Brian T. Moynihan takes the stage at a Midtown Manhattan hotel on Monday to tell investors what is in store for Bank of America, but already the chief executive’s plans are generating the kind of buzz reserved for the opening of a Broadway show down the street. The NY Times reports.
Markets will be watching three major policy speeches Thursday, including President Obama and Fed Chairman Bernanke, but the speaker that may be most dramatic may be out of Europe.
With jobs a make or break issue for the markets, all eyes are on Obama's jobs speech Thursday. But will he say what the Street wants to hear?
In tough times, some strained marriages crack. Others try to hold on until they just can’t hold on any longer. One thing’s for sure: Bad economies are good times for the cheating business — and other freaky stuff couples do to survive.
Although employment growth ground to a halt in August, many companies and industries are still hiring. In an interview with CNBC, Matt Ferguson, CEO of CareerBuilder, detailed the companies and industries that continue to hire.
The U.S. economic outlook has "clearly" deteriorated this year, and "conditions still aren't much different from an economy still in recession," Chicago Fed President Charles Evans said.
How often do you give advice? Advice isn't bad. When you have expertise, and the other person doesn't, your advice may be useful. I give lots of advice, for example, when coaching executives on presentations. But most problems aren't like that.
As a clearer picture of third quarter economic activity is beginning to take shape an interesting image is being formed. The quarter is starting to look like the picture of economic activity most forecasters were projecting back in May and June—before the summer of discontent emerged in Washington and in financial markets. For those fearful of another recession, I borrow that famous phrase from college football analyst Lee Corso: “Not so fast, my friend!”
It would appear that capitalism has a developed a terrible dependency issue, turning hostile and violent when there’s nothing left in the punch bowl. Unfortunately, new fears of a double dip recession have emerged, the caked residue of weak economic growth and a soft job market. On the heels of a 30-year spending spree and the party of our lifetime, we find ourselves searching for our equilibrium once again.
As fall begins, the economy is a mess. Unemployment is at 9.1 percent. The U.S. economy failed to add jobs in August. Consumer confidence is at record lows. The housing market is in despair. Europe is imploding. And, our political leaders cannot seem to put their differences aside to create some certainty and progress.
The Founder and Chief Shoe Giver of TOMS, is behind the growing One for One movement. As of April 2010, TOMS has given over 600,000 pairs of new shoes to children in need. In this guest blog, Blake Mycoskie shares his secret to success in life and in business.
Asian stock markets extended losses for the second day in a row driven by concerns of a worsening euro zone debt crisis, with one expert saying a bear market has come to stay.
Working in China can be a great career experience, however, there are some serious downsides, for one epect lower salaries and few perks
Friday’s disappointing US non-farm payrolls data showed no jobs where created in the US in August sending stocks sharply lower as fears over a recession intensified.
Think your boss is a psychopath? That may scientifically be true.
Stocks ended a highly volatile August deeply in the red, fueled by continued worries about the European debt crisis and weakening global economy. September is expected to be more of the same.