Reports on retail sales and housing starts in March highlight the economic calendar next week, April 16-20. Economists will be watching for any lingering signs of a positive boost from the recent warm weather, as well as indications of whether the strength in consumer demand continues.
Moran Zhang
Apr 13, 2012
A preliminary survey of consumer confidence for April shows the lackluster job creation seen in March is playing into people's pessimism more than economists had expected. But a recent, tiny, decline in gasoline prices, following a dizzying climb at the beginning of the year, is at least making consumers feel better about inflation and hence, expectations for the future.
Eleazar David Meléndez
Apr 13, 2012
The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery.
IBT Staff Reporter
Apr 12, 2012
Risky assets rose on moderate volume and moderately bad news Thursday, as investors seemed to be placing a paradoxical bet that a slowdown in economic growth would jolt the U.S. central bank into action -- inflating the prices of stocks, commodities and other assets -- while at the same time assuming the slowdown would not be so harsh as to throw the current recovery completely off track.
Eleazar David Meléndez
Apr 12, 2012
The Fed is also well aware that employment had peaked in each of the past two springs before resuming growth late in the year.
Palash Ghosh
Apr 12, 2012
Stocks rose on Thursday as lower yields on some euro-zone debt eased some concerns and rumors about China's strong GDP increased investors' appetite for risk.
IBT Staff Reporter
Apr 12, 2012
It's a not so happy birthday for Disneyland Paris as it celebrates its 20th Anniversary with serious financial woes.
Carey Vanderborg
Apr 12, 2012
Dudley said strong first-quarter data might have been the result of unseasonably warm weather in much of the United States that pulled forward some economic activity and hiring.
Hao Li
Apr 12, 2012
Stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
IBT Staff Reporter
Apr 12, 2012
The relentless decline in home prices is nearing an end and prices should rise for the first time in seven years in 2013, but a possible new wave of foreclosures could threaten the recovery, according a Reuters poll of economists.
IBT Staff Reporter
Apr 12, 2012
Stocks were set to rise slightly at the open on Thursday after futures pared gains following an unexpected rise in initial jobless claims in the latest week.
IBT Staff Reporter
Apr 12, 2012
The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday.
Joseph Lazzaro
Apr 12, 2012
New claims for unemployment benefits rose last week to their highest level since January, a development that could raise fears the labor market recovery was stalling after job creation slowed in March.
IBT Staff Reporter
Apr 12, 2012
Claims for jobless benefits rose to 380,000 last week, giving economists another piece of data to worry about after a gloomy job market showing in March. Meanwhile, a Federal Reserve report published Wednesday painted a picture of a recovery that continues to press ahead, however, modestly, amid concerns of higher fuel prices.
Moran Zhang
Apr 12, 2012
Stock index futures edged higher on Thursday ahead of data on the jobs market and producer prices, while a tick down in benchmark bond yields in Italy and Spain signaled easing concern about the euro zone's debt troubles.
IBT Staff Reporter
Apr 12, 2012
Stock index futures edged higher on Thursday ahead of data on the jobs market and producer prices, while a rise in Italian borrowing costs could cap gains in equities and pressure other risk assets lower.
IBT Staff Reporter
Apr 12, 2012
Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.55 percent, Dow Jones futures up 0.42 percent and Nasdaq 100 futures up 0.59 percent at 3:34 a.m. EDT (0734 GMT).
IBT Staff Reporter
Apr 12, 2012
The federal income tax for 30 companies was negative during the four-year period, even though they brought in a combined $205 billion in gross profit.
Ashley Portero
Apr 11, 2012
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
Joseph Lazzaro
Apr 10, 2012
Optimism among small-business owners was shaken in March, as the Small-Business Optimism Index fell, due in part to a drop in earnings compounded by a lack of positive events to boost confidence, a report by the National Federation of Independent Business (NFIB) said Tuesday.
Benjamin Reeves
Apr 10, 2012
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
IBT Staff Reporter
Apr 10, 2012
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
IBT Staff Reporter
Apr 10, 2012