WASHINGTON (MarketWatch) — Brighter views on employment led consumer sentiment higher in May, according to a gauge released Friday by the University of Michigan and Thomson Reuters.
A top Federal Reserve official said Wednesday that elevated inflation readings in the past two years suggest that the economy is closer to maximum employment than labor-market reports alone might suggest.
There has never been a better time to refinance your mortgage. Rates are at record lows. The government is devising new programs to help homeowners. The economy and job market are improving, albeit slowly.
For those high school and college students who won't spend the next few months backpacking around Asia, completing a research project in the Antarctic, or interning at their uncle's hedge fund, the summer may hold the following words: ...
NEW YORK—U.S. Treasury prices rose as investors opted to head into the long holiday weekend with their money in the safe-haven bond market. The market rounds out the session early at 2 p.m. EDT and will remain closed Monday for Memorial Day. ...
Manufacturing activity in the Federal Reserve Bank of Kansas City's district this month recovered all the ground lost in April, according to a report released by the bank Thursday.
U.S. consumers ended May feeling the most upbeat about the economy since late 2007, according to data released Friday. Respondents are paying attention to jobs, not Greece.
French consumer confidence improved slightly in May to reach a level not seen since November 2010, national statistics agency Insee said Friday.
A roundup of economic news from around the Web. -- Government Spending: There's been a lot of debate over the figures used by Rex Nutting in a post arguing that there has been no spending binge under President Obama. Evan Soltas has an ...
CHAPEL HILL, N.C. (MarketWatch) — Well, then, what should be the price of Facebook’s stock? Rather than endlessly rehashing the events that have taken place over the past week, it is this question that investors should be asking. ...
Some recovery! The head of the Minneapolis Fed, Narayana Kocherlakota, said the economy may be closer to maximum employment than the data indicate. If that's so, well, to be blunt, that stinks. The labor force is barely growing, millions ...
Bad news for workers: The "brief uptick" in employer-based health coverage right after the recession "has not endured," according to a new report from the Employee Benefit Research Institute.
A government-funded employment agency and seven former managers allegedly manipulated job-placement data in order to ensure it continued to receive money connected to a contract with New York City, according to a lawsuit filed Tuesday by ...