Friday, 6 Nov 2009 | Posted By:
Joseph Pisani | Source: CNBC.com
A new report, released by employment Web site CareerBuilder.com, ranked the top metro areas with the most job postings on the site between January and October 2009.
The U.S. unemployment rate blasted past the psychologically important 10-percent mark Friday as nonfarm payrolls fell by 190,000 last month. It's the first time the unemployment rate -- now at 10.2 percent -- was in double digits since June 1983.
Leisure destinations are recovering but traditional business destinations remain weak, said Barney Harford, Orbitz Worldwide CEO on Thursday. "The green shoots of the recovery are coming from the leisure sector,” he told CNBC’s Becky Quick on “Squawk Box.”
The U.S. Senate vote unanimously to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to breathe life into the struggling U.S. economy.
White House economic adviser Paul Volcker said his meeting on Monday with President Barack Obama focused in part on reducing U.S. economic reliance on consumer spending.
The Treasury Department said Monday it will need to borrow $276 billion in the current quarter as it struggles to manage the government's books pending a decision by Congress to boost the debt limit.
Places such as the southwest Missouri city of Lamar, have seen the cornerstones of their economies disappear, leaving a gap that even billions in roadwork and government aid cannot fill.
Monday, 2 Nov 2009 | Posted By:
Mary Thompson | Source: CNBC.com
Bill Dudley, president of the New York Federal Reserve, summoned 28 CEOs of the nation’s top banks toon Monday to reinforce the principles that were outlined in a proposal by the Fed on compensation issued on October 22.
The President’s Economic Advisory Board will hold a public meeting on job innovation today, and Charles Phillips, president of Oracle and a member of the board shared a preview with CNBC's "Squawk Box' team on Monday.
The U.S. economy may have turned a corner after the deepest recession in some 70 years, but Federal Reserve policymakers appear to be in no rush to raise interest rates.
On the final business day of October, the Obama Administration released the most complete report yet on how the Recovery Act is performing in the greater U.S. economy.
Consumer spending fell in September for the first time in five months as the boost from a government auto incentive faded, adding to fears that consumers may be pulling back.
Warren Buffett is back with a new piece in the New York Times, but today he's not using the high-profile platform to explicitly urge us all to buy stocks as he did last October.... Read More
That’s just what Congress appears to be saying to the American people with its over the top $500 million for the purchase of eight new airplanes that will shuttle them – senators and representatives - back and forth around the world... Read More
As the White House continues to bury an update of its congressionally-mandate economic predictions, all eyes will be on Federal Reserve Chairman Ben Bernanke this morning when he delivers the Fed's semiannual Humphrey-Hawkins testimony on monetary policy before the House Financial Services Committee... Read More