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President and CEO of the Federal Reserve Bank of St. Louis James Bullard

Fed Reserve Branch Chief Warns of 'Looming Disaster'

The shock to the U.S. economy after the housing bubble burst in 2008 was like an earthquake which has left one part of the land higher than another part, Federal Reserve Bank of St. Louis President James Bullard said, in a somewhat critical note on the actions of the U.S. central bank.
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U.S. Job Market

U.S. Jobs Report: A Step Forward for Economy, Job Seekers

View the January jobs report as just that: one month of strong job growth. Regarding the issues of whether the great American job machine has finally kicked into gear and American voters' stance toward incumbents, including President Barack Obama, the operative phrase is, it's too soon to tell.
An NYSE is seen over the trading floor of the New York Stock Exchange

Stock Index Futures Pop on Unemployment Report

Stock index futures pointed to a sharply higher open on Friday after the government reported the U.S. economy created jobs at the fastest pace in nine months, infusing optimism into markets.
A trader yells out prices during the IPO of Greenway Medical Technologies at the New York Stock Exchange

Stock Futures Edge Higher Ahead of Payrolls

Stock index futures edged higher on Friday as investors awaited the monthly payrolls report to see whether to make more large bets in risk assets after recent equity gains.
BSE Sensex

BSE Sensex Snaps 3-day Gains; Bharti Airtel Rises

The BSE Sensex was subdued on Friday as some profit-taking emerged after the index rose more than 3 percent in the last three sessions, and as weak Asian markets ahead of key U.S. jobs data dented investor sentiment.
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Asian Stocks, Euro Slip as Investors Await U.S. Jobs Data

Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
Landing gear final inspector Henao works on a piece of landing gear at AAR's facility in Medley, Florida

Veterans help manufacturers plug skills gap

Three years ago Gabe Collins was on the front line in Kandahar province, one of the most dangerous places in war-ravaged Afghanistan, conducting search and rescue missions with the U.S. Navy.
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AMD's CEO Prepares Chipmaker for a Fight

Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Dodge Dart

Chrysler Adds 1,800 Jobs for Dodge Dart Production

Chrysler Group LLC will bolster its Belvidere, Ill., assembly plant with 1,800 new jobs, Fiat and Chrysler Chief Executive Sergio Marchionne said Thursday. About 500 of those jobs will solely focus on production of the all-new 2013 Dodge Dart, which Chrysler introduced last month at the 2012 North American International Auto Show in Detroit.
Rupee

Rupee Hits 3-month High

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.
The German DAX Index board is pictured behind a plastic flower during a trading session at the first trading day at Frankfurt's stock exchange in Frankfurt

European Stocks Level off after Hitting Six-Month High

European shares steadied after hitting a six-month high on Thursday as strong gains in miners on merger talks between Xstrata (XTA.L) and Glencore (GLEN.L) were offset by a sell-off in defensives, with Unilever (ULVR.L) down on poor outlook.
Barack Obama at the Washington Auto Show

Barack Obama Looking at Cars [PHOTOS]

So, Barack Obama visited the Washington Auto Show the other day. Sure, he was probably invited, but it's also part of a larger strategy for his reelection campaign this fall.
Indiana

Indiana Passes 'Right-to-Work' Legislation

Indiana became the 23rd state to pass anti-union right-to-work legislation on Wednesday and the first in the nation's manufacturing heartland, dealing a blow to organized labor by allowing workers to opt out of paying union dues.
Obama Washington Auto Show

Obama's Auto Bailout Success Story Will Prove Crucial in Election Fight vs. Romney

Picture President Barack Obama's reelection campaign as a showroom. Over there, at one stand, is an overall improving economy -- he hopes. And somewhere in the showroom, either as a part of the economy stand or standing on its own, will be the health and restoration of the United States automotive industry. If the past week and a half is any indication, Obama plans to use it as a critical point in his reelection campaign as the industry continues a dramatic recovery from dire straits just mor...

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