WASHINGTON, Feb 5- U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Nonfarm payrolls increased by 151,000 jobs and the unemployment rate slipped one-tenth of a percentage point...» Read More
President Barack Obama said on Tuesday the White House will seek to cut bureaucratic restrictions so that local lenders can help businesses seize "enormous opportunities" for growth.
Stocks should trade quietly as investors sit out until the start of the new year. Economic reports on home sales, jobs and manufactured goods in the holiday-shortened week are coming—and everyone will be watching retail sales.
Americans are the most pessimistic they've been since the beginning of this year, when the US was mired in a deep recession, while confidence in President Obama and Congress is at the lowest level of 2009, according to the latest NBC/Wall Street Journal poll.
The consumer price index and the Fed's afternoon statement Wednesday will take on even more importance to markets, after producer prices hinted at a whiff of inflation Tuesday.
Stocks should trend higher in the coming week and are in easy striking distance of a new high for the year.
Friday's economic reports will put the spotlight on consumer attitudes and spending, as the critical, final two weeks of the holiday shopping season approach.
Thursday's data includes closely watched weekly jobless claims and international trade, while Treasury Secretary Tim Geithner talks TARP at a Congressional Oversight Panel hearing.
The downgrade of Greece's credit rating gave pause to the "risk trade" and could send even more buyers into the relative safety of Treasurys through year end.
Financials will be in focus on Tuesday, as BofA's board meets on a new CEO; bank execs speak before a Goldman Sachs conference, and influential bank analyst Meredith Whitney appears on CNBC's "Squawk Box."
A number of strategists have been recommending that investors steer clear of lower quality stocks and focus instead on those with better balance sheets for the next leg of the road ahead.
U.S. policymakers may be looking to recast domestic cap-and-trade efforts as a new green-oriented stimulus package that invests in clean energy, employs Americans, tackles Chinese competition and banishes carbon emissions,—all at once.
The latest overall job loss numbers showed a loss of 11,000 jobs in November and the unemployment rate fell to 10.0%. The September 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.
Every employment report in this recession has been important, but analysts say there is heightened tension around tonight's data as investors look for signs that the recovery is still on track.
On Thursday, Fed Chief Ben Bernanke will be testifying before Congress as part of the confirmation process for his second term. GE and Comcast are also expected to announce their deal over NBCU.
With unemployment surging and President Obama's poll ratings sinking, there’s growing debate about what—if anything—he can do about the situation.
With an absence quarterly earnings news, the focus shifts to economic data, in particular this Friday's jobs report.
Market analysts are expecting the ISM data on Tuesday to show further growth in U.S. manufacturing in November, while some dollar bulls are forecasting a greenback rebound in December.
The challenge for stock investors is whether to pocket more of the year's gains or ride it out in hopes of a Santa Claus rally.
US markets are bracing for a shakeup Friday after investors fled risk assets globally on concerns about Dubai's debt rescheduling.
A week's worth of economic reports has been crunched into just three days this week, and Wednesday has its share of significant data, which include jobless claims, durable goods and consumer sentiment.