Dilma Rousseff of Brazil announced Friday that she was cutting her salary by 10%, reducing the size of her cabinet and slashing thousands of coveted jobs, the NYT reports.» Read More
The latest overall job loss numbers showed a loss of 20,000 jobs in January and an unemployment rate falling to 9.7%. The November and December numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Although many retailers turned in rosier monthly same-store sales reports in January than expected, the stocks are showing it is far too soon to declare the worst over for the retail sector.
What did you think about President Barack Obama's State of the Union address? Let us know.
President Barack Obama said on Friday that regulatory oversight of the country's banks might now be erring too much on the side of caution, potentially hindering the flow of credit to small businesses.
It’s simplistic, cynical and disingenuous to conclude that President Obama announced a set of controversial proposals to crack down on big banks simply to divert attention from the Democrats senatorial defeat in Massachusetts and his declining poll ratings.
The Obama administration may be tempted to wage a two-front war on climate change and joblessness by pushing for green jobs in the renewable energy sector, but such a strategy will mean committing to a long campaign.
Consumer borrowing has fallen to record lows in wake of the 10 percent unemployment rate, but spending may still return to levels seen before the economic downturn, said personal finance expert Stacy Johnson.
Financial stocks could feel the heat when several major bank CEOs testify before a government commission investigating the financial crisis. Google will also be in focus after it said that it may exit China.
I often question why I do it? Why do I open my mouth and react with indignation so often? Why after a decade in the media, and twice as long in the broader financial markets as a whole, don’t I just suck it up and let all the inconsistencies and nonsensical behavior just pass my by?
The first major fourth quarter earnings report was a swing and a miss. But analysts say it's still too early to dismiss the upcoming earnings season, and expect decent topline growth from report cards.
The past decade was a rough one for the job market, adding just half a million net jobs. Here are the ten industries that will see the greatest growth in jobs.
A belated Happy New Year to all our viewers and readers from me and the rest of the "Squawk Box Europe" team.
Stocks swung higher into the new year and could continue an upward drift as the fourth-quarter earnings season gets going.
“We haven't just gone through a business cycle, we've also gone through a major restructuring of the American economy," says a labor economist. “ This is an awful lot to adjust to.”
The latest overall job loss numbers showed a loss of 85,000 jobs in December and an unemployment rate remaining at 10.0%. The November and October numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Friday's jobs report is the first big economic report of the new year and as such, it heralds what could be the first really big trading day of the year.
Retailers on Thursday will report December sales results, taking the wraps off their holiday season and possibly showing the best comparisons in 20 months.
Markets are hanging on Friday's December employment report, which some economists say could show job growth for the first time in two years.
Job search engine Juju.com ranked cities based on the number of unemployed in a metro area vs. the number of jobs available. Check out what they found!
When the Senate takes up a jobs bill soon, the debate will center on whether it really will create jobs and be worth plunging the government further into debt.