Economy
Updated over 1 year ago
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The unemployment rate may be about to rise again. Economists are bracing for a weak showing in the August employment report.
Mariner Energy, Inc. shares dropped more than 4 percent Thursday following news that one of its production platforms exploded in the Gulf of Mexico.
BP - Gulf of Mexico - Energy - Mexico - Mariner Energy
The Fed chief is set to appear before a panel investigating the financial crisis to give his take on the meltdown and his views on potential risks posed by large financial institutions.
Financial crisis - Business - Ben Bernanke - Federal Reserve System - Financial Services
The number of people requesting unemployment benefits declined for the second straight week, suggesting that the slowing economy isn't prompting widespread job cuts.
Unemployment benefits - Jobless claims - Unemployment - Business - Work
The Institute for Supply Management, or ISM, said Wednesday its monthly manufacturing report showed a stronger-than-expected reading in August.
Institute for Supply Management - Manufacturing - Business - Reading - England
U.S. private employers unexpectedly cut 10,000 jobs in August compared to a revised gain of 37,000 in July, a report by a payrolls processor showed on Wednesday.
Employment - Business - United States - Job Search - Business and Economy
Stock futures surged Wednesday after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
China - Australia - Business - Asia - United States
Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.
Federal Reserve System - Government - Economic - Government debt - Finance
The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors.
U.S. consumer confidence rose modestly in August, lifted by a mild improvement in the short-term outlook, according to a private report released on Tuesday.
United States - Consumer confidence - Economic - Home - Social Sciences
Stocks are set to continue their recent slide Tuesday as investors prepare for more disappointing news about the economy.
United States - Business and Economy - Investing - Wall Street - Nasdaq Composite
President Barack Obama acknowledged Monday that the economy continues to struggle and too many Americans are still struggling to find jobs.
Barack Obama - United States - President of the United States - President - History
U.S. consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes.
Home - Consumer Information - Advocacy and Protection - United States - Shrubs
Economists are satisfied with the Fed's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds.
Central bank - Federal Reserve System - Interest rate - Government - Finance
With the market down three weeks in a row, investors are understandably grim. But there is a silver lining.
Silver - Business - Investing - Precious metal - United States
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper on the back-to-school shopping season.
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper on the back-to-school shopping season.
Federal Reserve Chairman Ben Bernanke said Friday the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly.
Ben Bernanke - Federal Reserve System - Economic - Central bank - Social Sciences
The U.S. economy grew at a lackluster 1.6 percent in the spring, a sign that the economic recovery is losing steam.
Economy of the United States - Business - United States - Federal Reserve System - Dow Jones Industrial Average
Stocks are set for a slightly higher open Friday as investors waited for two readings on the economy.
Wall Street - Federal Reserve System - Economy of the United States - Dow Jones Industrial Average - New York Mercantile Exchange
The U.S. economy appears to be stalling. Yet the Federal Reserve has run out of simple steps it can take to revive it.
New requests for unemployment benefits fell sharply last week after rising in the past three weeks. Still, claims remain much higher than they would be in a healthy economy.
Jobless claims - Unemployment benefits - Unemployment - Insurance - Business
Stock futures rose modestly Thursday, but investors were also buying bonds indicating they are cautious ahead of a key weekly reading on unemployment.
Business - Investing - Unemployment - Stock - Commodities and Futures
It's starting to feel like another recession.
United States - Recession - Business and Economy - Social media - Restaurant
U.S. President Obama held a conference call with his top economic advisers Wednesday to discuss recent data reports, global markets and economic growth, the White House said.
President of the United States - Barack Obama - President - United States - Economic growth