Economy

Policy: Economy

Mostly positive US earnings send stock futures up

By The Associated Press | 04/17/14 11:00 AM

Stocks are headed for a fourth gain in a row after several big-name U.S. companies reported encouraging first-quarter results. PepsiCo and Goldman Sachs are among the companies reporting earnings that were better than investors were expecting. KEEPING SCORE: Standard & Poor's 500 index futures...
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Applications for U.S. jobless aid edge up to 304,000

By Josh Boak | 04/17/14 07:56 AM

The number of people seeking U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
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Janet Yellen: Full employment, stable inflation 'plausible' by the end of 2016

By Joseph Lawler | 04/16/14 02:29 PM

In a speech at the Economic Club of New York on Wednesday, Yellen noted that the Fed's monetary policy committee's latest projections were for the unemployment rate to fall within the range of what officials think is full employment for the U.S. by the end of 2016, and for inflation to rise to...
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