News Headline Articles

Hiring, Unemployment Rate Both Rose in July

An apparent contradiction in hiring rates and unemployment numbers reflects an increase in job-hunting nationwide as an improving economy encourages more people to look for work.

Homebuilder Confidence at Highest Since January

U.S. homebuilders are gaining confidence in their sales prospects headed into next year, a sign that home construction and sales of newly built homes may pick up after stalling this summer.

Investors Confident in U.S. Despite Turmoil Abroad

The eurozone flirts with recession, Islamic militants advance in Iraq and Russian armor may be straying into Ukraine, but U.S. investors are shrugging it all off -- so far.

U.S. Consumer Confidence Got Weak in July

U.S. consumer sentiment declined in March as households were less optimistic about the prospects for the overall economy, a survey by the University of Michigan showed on Friday.

Stocks Drop on Renewed Ukraine Tensions

Reports of renewed fighting in Ukraine are sending stocks lower in midday trading, but major U.S. indexes are still headed for a solid gain for the week.

Averages Move Into Positive Territory on Economic Data

Stocks moved mostly higher in early trading Friday, extending the strong upward move seen over the past few sessions and offsetting the sell-off seen late last month.

Average 30-year Mortgage Rate Near Yearly Low

The average U.S. 30-year mortgage rate stood at 4.12 percent in the week, while average long-term U.S. mortgage rates approached their lows for the year.

U.S. Jobless Claims Rise to 311,000 for the Week

More people applied for U.S. unemployment benefits last week, but jobless claims remain close to pre-recession levels and positions are going unfilled.

Nonprofit Aims to Close Tech Gender Gap

Girls Who Code is a non-profit that is part of a growing movement to close the gender gap in the tech industry.

Debt: A Major Threat to a Happy Retirement

Debt is emerging as a serious threat to a successful retirement for many Americans.

Retail Sales Flat in July Despite Job Gains

U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains.

U.S. Budget Deficit Running Well Below 2013

The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years.

Federal Budget Deficit Running Below Last Year

Helped by increasing revenues and spending restraint, the federal government is on track to record the lowest annual deficit in six years.

Job Openings Hit 13-year High in U.S.

The Labor Department says employers posted 4.67 million jobs in June, up 2.1 percent from May's total of 4.58 million, for the highest number of advertised openings since February 2001.

World Situation Is Worrisome but Not Dire

It's been hard to be bullish in the past week as Ukraine, Iraq and Ebola dampened investors' spirits, but the world economy isn't so bad as U.S. bond yields and the slide in risk markets would imply.

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