07/07/14 10:10 AM
WASHINGTON (Legal Newsline) – Fueled by a better-than-expected June jobs report, the Dow Jones Industrial Average surpassed 17,000 for the first time in history. However, the strong showing of a 6.1 percent unemployment rate failed to impress the Republican National Committee. “Once again, the...
By Associated Press | 07/07/14 08:36 AM
An Ohio Department of Taxation report finds that since 2012 the amount of tax credits granted businesses promising to create and retain jobs has been going up.
By Joseph Lawler | 07/07/14 08:54 AM
There are finally signs that the long-awaited recovery, complete with above-trend economic growth, may finally be underway.
By Washington Examiner | 07/06/14 01:47 PM
On July 3, Commerce reported a gain of 288,000 jobs for June, the fifth-largest monthly increase of President Obama's tenure. Perhaps things are finally improving. Or perhaps there's something ugly beneath the surface.
By Paul Bedard | 07/05/14 07:46 AM
Pollster John Zogby saysÂ more Americans believe President Obama's agenda is finished, but his bid to go rogue and act without approval from Congress shows that he is not giving up the fight.
07/04/14 10:15 AM
AVIGNON, France (AP) — One of Europe's premier theater festivals is canceling some shows as French workers protest changes to their offseason unemployment benefits. The director of the Festival d'Avignon, Olivier Py, told journalists in Avignon that two plays scheduled to run on Friday's...
07/04/14 05:01 AM
WASHINGTON (AP) — The top jobs numbers for June would seem to be cause for some appreciation. After all, the unemployment rate dipped to 6.1 percent, the lowest in six years, and hiring showed five months of steady growth. But the public continues to perceive the economy as poor. So, heading...
07/03/14 06:30 PM
NEW YORK (AP) — The Dow Jones industrial average topped 17,000 for the first time Thursday, another in a string of records for the index that has lifted portfolios in a five-year bull market for stocks. The gain pushed the 118-year-old Dow, the oldest gauge for tracking stock prices, past its...
By Lisa Ruhl | 07/03/14 03:43 PM
The United States economy added 288,000 jobs in June, according to a Bureau of Labor Statistics report.
By Joseph Lawler | 07/03/14 12:05 PM
Just how much of the decline in labor force participation is due to long-term, secular factors and how much is due to cyclical weakness is a matter of ongoing debate.
By Joseph Lawler | 07/03/14 09:48 AM
Employment growth accelerated in June, suggesting that the fragile economic recovery continues despite the reported sharp contraction in the first quarter.
07/03/14 08:45 AM
WASHINGTON (AP) — The number of Americans filing applications for unemployment benefits edged up slightly last week but remained at a level that indicated a healthy labor market. The Labor Department says weekly unemployment benefit applications rose by 2,000 to 315,000. The four-week average,...
07/02/14 04:46 PM
WASHINGTON (AP) — Five years after the Great Recession officially ended, most states still haven't regained all the jobs they lost, even though the nation as a whole has. In May, the overall economy finally recovered all 9 million jobs that vanished in the worst downturn since the 1930s....
07/02/14 04:15 PM
NEW YORK (AP) — Stocks are closing at record levels following news that business hiring surged in June. Constellation Brands, the owner of Corona and Negra Modelo beer, rose 2 percent after the company said its income soared in the latest quarter. Delta Air Lines dropped 5 percent after the...
07/02/14 09:15 AM
WASHINGTON (AP) — A private survey shows U.S. business hiring surged in June, a sign of stronger economic growth. Payroll processer ADP said Wednesday that private employers added 281,000 jobs last month, up from 179,000 in the previous month. The figure suggests the government's jobs report,...
By Noemie Emery | 07/29/14
By Ashe Schow | 07/29/14
By Philip Klein | 07/28/14
By Paul Bedard | 07/29/14