Economy

Policy: Economy

Slow, steady progress: U.S. economy adds 209,000 jobs in July, unemployment ticks up to 6.2 percent

By Joseph Lawler | 08/01/14 11:49 AM

The U.S. labor market may finally be gathering momentum. The Bureau of Labor Statistics reported Friday that the economy added 209,000 payroll jobs in July.
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Here's what the much-anticipated GAO report on whether banks are 'too big to fail' found

By Joseph Lawler | 07/31/14 02:20 PM

The Government Accountability Office handed a modest victory to big banks Thursday in the ongoing fight over whether the "too-big-to-fail" problem has been resolved, while still giving bank credits something to cheer.
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US stocks stabilize, helped by a pickup in hiring

08/01/14 09:55 AM

NEW YORK (AP) — U.S. stocks are stabilizing a day after a steep drop as investors were encouraged by the latest wave of hiring. Decent earnings reports from several major U.S. companies gave investors more reasons to pick up stocks. Procter & Gamble, Expedia and LinkedIn all rose after...
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