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Stocks rebounded Thursday after a lower open as weekly jobless claims came in higher than expected.
Stocks opened lower on Thursday after weekly jobless claims came in higher than expected. In the meantime, the economy contracted 5.5 percent, the Commerce Department said in its final reading on first-quarter GDP. That was a smaller contraction than the 5.7 percent initially reported. Read and listen to what the experts had to say...
Futures indicated a slightly negative open for Wall Street Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding concerns about the sustainability of a recent recovery.
Hertz Global Holdings is making a big bet on the consumer. In an interview on CNBC, Hertz CEO Mark Frissora says he's "literally scrambling to buy as many cars" as he can to ramp up for a rebound in demand.
I am fixated on this notion that has been proposed requiring the Fed to get permission from the Treasury before it acts in any emergency. It's letting the White House, via the Treasury, into the formerly independent Fed.
Take a look at the top 10 employers with the most entry level openings and how many new grads they expect to hire this year, as surveyed by CollegeGrad.com.
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
Following are the day’s biggest winners and losers. Find out why shares of Apple and Whirlpool popped while NYSE Euronext and Rio Tinto dropped.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This company has since become the number one car rental brand at airports. Today the company’s shares had a great take off, after raising prices by $5 a day in North America. Who is it?
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
More companies announced layoffs on Thursday as the employment picture continued to dim.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
More companies announced layoffs as the employment picture continued to dim.
Even on Inauguration Day, companies continued to announce layoffs, reinforcing the challenges facing Barack Obama.