NEW YORK, March 7- Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals- it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.» Read More
U.S. private employers slashed 79,000 jobs in June, the largest drop since November 2002, according to a private report by ADP Employer Services released Wednesday.
The Federal Reserve must "react decisively" to stop inflation from pushing up wages, one of its top policy-makers said Tuesday, dropping a clear hint about the possibility of interest-rate hikes ahead.
In Friday’s Web Extra find out how the traders are playing H&R Block, oil inventories, the ECB and more in the week ahead.
Wall Street's bears have a serious grip on the stock market, a hold that can only add to volatility in the week ahead.
Consumers will respond to soaring oil prices with mass conservation measures, investor Sam Zell said Friday on CNBC.
U.S. personal spending rose by a more-than-expected 0.8 percent in May as government stimulus checks bolstered household budgets, while a key gauge of inflation stayed tame.
The Federal Reserve should let the big investment banks go bust if they made unwise investment decisions, and investors should take refuge into gold, said Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report."
The global economy will struggle more than people now think, as the credit crunch spreads beyond housing and financials, Gerald Hassell, Bank of New York Mellon president, told "Squawk Box Europe" Friday.
Stocks could continue to let off steam at the open Friday.
The U.S. economy grew slightly faster than initial thought in the first quarter, while the job market remained sluggish last week, according to data released Thursday.
Now that the Fed's June meeting is out of the way, the focus on economic data will intensify as investors try to find a road map for the markets.
Following are the “Fast & Furious” trades. Here's how to trade earnings from the homebuilders and credit cards. Plus tomorrow's other market moving events!
Before getting into the nuances of the statement, it’s important to not lose sight of the overall action: for the first time since the Fed began cutting rates in September — by 3.25 percentage points in total — the Fed stood pat today. That is probably a clearer indication of what the Fed will do next than anything the Fed said.
The Federal Reserve will hold its key interest rate at 2 percent for the remainder of the year as the economy winds through the various challenges it faces, according to bond manager Bill Gross.
New orders for long-lasting U.S. manufactured goods were unchanged in May after two consecutive months of decline.
The Federal Reserve finds itself in an uncomfortable situation: Staring down the barrel of inflation with limited options on what it can do.
Unemployment, which has been relatively benign during the economic downturn, is expected to become a bigger problem.
The average asking price of a UK property fell in June as mortgage providers cherry-picked customers and competing properties outnumbered buyers by 15 to 1, property advertiser web site Rightmove, one of Britain's biggest, said.
Imperial Tobacco Group said Thursday that it plans to slash its work force by around 6 percent as part of its restructuring plans after its recent takeover of Spanish rival Altadis.
You need health insurance, period. So why do employers make it so painstaking to figure out?