Friday, 6 Nov 2009 | Posted By:
Joseph Pisani | Source: CNBC.com
A new report, released by employment Web site CareerBuilder.com, ranked the top metro areas with the most job postings on the site between January and October 2009.
Wal-Mart Stores is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.
The U.S. unemployment rate blasted past the psychologically important 10-percent mark Friday as nonfarm payrolls fell by 190,000 last month. It's the first time the unemployment rate -- now at 10.2 percent -- was in double digits since June 1983.
Leisure destinations are recovering but traditional business destinations remain weak, said Barney Harford, Orbitz Worldwide CEO on Thursday. "The green shoots of the recovery are coming from the leisure sector,” he told CNBC’s Becky Quick on “Squawk Box.”
Non-farm productivity in the third quarter rose at its fastest pace in six years as companies squeezed more output from a smaller pool of labor and cut costs to deal with a slump in demand.
The U.S. commercial real estate market, slammed by the credit squeeze and recession, is likely to hit bottom in 2010, according to a survey of industry investors, developers, lenders and consultants.
The U.S. Senate vote unanimously to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to breathe life into the struggling U.S. economy.
Wednesday, 4 Nov 2009 | Source: CNBC staff and wire reports
The Federal Reserve expressed growing confidence that an economic recovery was building, even though it will keep borrowing costs near zero for "an extended period."
The Federal Reserve Wednesday is expected to reaffirm its intention to keep U.S. interest rates at ultra-low levels for a long time to support the economy, even as signs of recovery accumulate.
Planned layoffs at U.S. firms fell for a third straight month in October to a 19-month low, feeding hopes the labor market will continue to improve as economic activity rebounds.
U.S. mortgage applications rose for the first time in four weeks, reflecting a jump in demand for home refinancing loans as interest rates on 30-year loans dropped below 5 percent, data from an industry group showed on Wednesday.
What's in a name? They found out in Proctor, Minn., this week when the motorized chair, formerly known as La-Z-Boy, sold for just a fraction of what it was going for before La-Z-Boy made them stop using their name.... Read More
When consumers shut their wallets tight last year, caught in the vice grip of the financial crisis, many analysts expected that the downturn was so severe that it would make permanent changes in how consumers behaved.... Read More