Headline Articles

Chicago Business Barometer Losing Gas

The Chicago Business Barometer dropped February to March, showing a growth slowdown, the Institute for Supply Management said Thursday.


First-time Jobless Claims Rise 16,000 in Week

The U.S. Labor Department said first-time jobless benefits claims rose 16,000 to 357,000 in the week that ended last Saturday.


Drop in Government Spending Drags Growth in Q4

The U.S. economy grew at an annualized rate of 0.4 percent in the fourth quarter of 2012, a revised government estimate showed Thursday.


Cyprus Banks Reopen With Tough Restrictions in Place

Banks in Cyprus reopened on Thursday with tough capital restrictions in place after being closed for nearly two weeks while negotiators sought to reach a deal on an international bailout.


Markets Slow on Global News

U.S. stock indexes rose tentatively Thursday as global markets reversed themselves from Wednesday by heading lower in Asia and higher in Europe.


Hispanic Farmers Get More Time to File Discrimination Claims

The U.S. Department of Agriculture has extended the deadline by which Hispanic or women farmers and ranchers can file discrimination claims. The deadline is May 1, according to the USDA.


DOMA Decision Likely to Be Close

A slim majority of Supreme Court justices voiced skepticism Wednesday about the 1996 Defense of Marriage Act, signaling they may be willing to overturn the law that denies federal benefits to gay and lesbian married couples.


Massive Attack on Anti-Spam Service Slows Internet

Was your Internet slow today? Blame it on an attack on the anti-spam organization Spamhaus that was so large that it affected regular data traffic, mainly in Europe but also around the world.


Pending Home Sales Hold in February

The U.S. Pending Home Sales Index was little changed in February, holding close to a 36-month high, a trade group in Washington said Wednesday.


El Paso Construction Spending Set to Outpace Nat'l Rate

The nation's construction industry is gradually rebounding from the recession, and El Paso construction spending should grow this year more than the projected 5 percent to 10 percent national growth rate, an economist said.


Economic Sentiment Slips in Europe

The European Commission said its monthly economic sentiment indicators dropped in March but a measure of consumer confidence was little changed.


Payroll Tax Hike Pinches Plenty in the Pocket

Many working Americans are already feeling the pinch from the boost in Social Security payroll taxes that kicked in Jan. 1, forcing them to pull back on spending, according to a survey by the accounting staff recruiter Accounting Principals.


The Right Call? T-Mobile Dropping Cellphone Contracts

T-Mobile becomes first major carrier to make break from contracts.


New Home Sales in February Beat Estimates

February sales of new single-family homes reached a seasonally adjusted annual rate of 411,000, according to estimates released today by the Census Bureau and HUD.


Home Prices on the Rise: Case-Shiller

U.S. home prices rose in the 12 months ending in January 2013, according to the Standard & Poor's/Case-Shiller Home Price Indices report released today.


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