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Service sector growth highest in nearly year
Fri, 3 Feb 2012 15:20:09 GMT
The pace of growth in the U.S. services sector unexpectedly accelerated in January to its highest level in nearly a year, according to an industry report released on Friday.
Recovery is gathering speed, jobs data confirm
Fri, 3 Feb 2012 17:57:26 GMT
The U.S. economy is like a flywheel: it takes a lot to get it going. Once it starts moving, it can pick up speed pretty quickly.
Poll: Would you buy Facebook stock?
Tue, 31 Jan 2012 23:08:09 GMT
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Wed, 1 Feb 2012 13:37:44 GMT
Obama may keep his job even if you lose yours
Thu, 2 Feb 2012 12:35:42 GMT
The conventional wisdom among pundits is that President Barack Obama faces an uphill re-election battle in large part because unemployment seems stuck at historically high levels.
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Fri, 3 Feb 2012 15:05:09 GMT
Wage gains offer welcome relief to workers
Mon, 30 Jan 2012 17:03:58 GMT
American consumers caught a break in their paychecks in December â?? and the money went right into their saving accounts. That could help ease the recent squeeze on household finances.
Freddie Mac betting against some homeowners
Tue, 31 Jan 2012 03:55:23 GMT
Government-owned Freddie Mac has invested billions in financial instruments that profit when homeowners are stuck in high-interest mortgages, an investigation by ProPublica and NPR found.
Jobless claims drop shows improving labor market
Thu, 2 Feb 2012 13:41:16 GMT
New claims for unemployment benefits fell more than expected in the latest week, showing that the labor market continues to improved, albeit slowly and in fits and starts.
Consumer spending fizzles as savings rise
Mon, 30 Jan 2012 13:40:09 GMT
U.S. consumer spending was flat in December as households took advantage of the largest rise in income in nine months to boost their savings, setting the tone for a slowdown in demand.
Private sector's job creation pace stumbles
Wed, 1 Feb 2012 13:37:44 GMT
Private employers added 170,000 jobs in January, a new report shows. That's about half the pace needed to dig out of the jobs trench the U.S. is stuck in.
Facebook to file scaled-down IPO plan - reports
Tue, 31 Jan 2012 23:04:53 GMT
Facebook will file documents Wednesday morning to raise $5 billion in an initial public offering of stock, less than the $10 billion previously expected, according to published reports.
CNBC: How January can predict stocks for 2012
Tue, 31 Jan 2012 21:56:53 GMT
The so-called "January Barometer" has been an accurate market indicator 87 percent of the time since the end of WWII. And with history as a guide, if the S&P 500 finishes the month higher, so goes the rest of the year. Are there signs that this time might be different?
Manufacturing expands at fastest pace since June
Wed, 1 Feb 2012 15:20:41 GMT
The pace of growth in the U.S. manufacturing sector picked up in January to its highest level since June as new orders improved, according to an industry report released on Wednesday.
Signs point to stocks finishing January strong
Sun, 29 Jan 2012 17:46:43 GMT
January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
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Thu, 2 Feb 2012 13:41:16 GMT
Consumer confidence posts surprise decline
Tue, 31 Jan 2012 15:07:50 GMT
U.S. consumer confidence unexpectedly fell in January as more Americans worried about the country's weak job market, according to a private sector report released on Tuesday.
Senate OKs insider trading curbs on lawmakers
Fri, 3 Feb 2012 04:22:33 GMT
The Senate approved new curbs aimed at preventing lawmakers from trading shares based on inside information, and extended the disclosure requirements to 300,000 other federal employees.
Bernanke warns of threat to economy from Europe
Thu, 2 Feb 2012 15:50:12 GMT
The United States remains within the danger zone of infection from Europe's debt crisis, but the Federal Reserve will do all it can to shield the U.S.
Where the (good) jobs are coming from
Fri, 3 Feb 2012 15:05:09 GMT
 We already know that one key way to make more money and stay employed is to get more education.
Facebook IPO will be big, but it doesn't matter
Tue, 31 Jan 2012 20:58:44 GMT
Facebook could sell shares to the public in an IPO â?? valuing the social network from $75 billion to $100 billion â?? sometime between April and June. But there are four good reasons why this will be a non-event.
Jobless rate falls to lowest in almost 3 years
Fri, 3 Feb 2012 13:51:20 GMT
The U.S. economy creates jobs at the fastest pace in 9 months and the jobless rate drops to an almost 3-year low, raising hopes that the labor market is picking up steam.
Productivity of the American worker slows
Thu, 2 Feb 2012 13:56:41 GMT
U.S. workers were more efficient in the last three months of 2001, but their gains in productivity were slower than during the prior quarter, according to new data.
Expert who foresaw '08 crash warns of tough decade
Sat, 28 Jan 2012 10:43:51 GMT
Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions ahead of the 2008 financial meltdown, says a conflict with Iran could cause a global recession.
Jobs report drives tech stocks to 11-year high
Fri, 3 Feb 2012 21:07:35 GMT
A surge in hiring last month boosted stock prices Friday, with the technology sector hitting an 11-year high as the data boosted hopes the world's largest economy has turned a corner.