| Jan 22, 2014
| 8:00 AM
The Bank of England sees "no immediate need" to raise rock-bottom interest rates despite an unemployment rate that is falling more rapidly than anticipated, according to minutes of its January meeting released Wednesday.
Just like Federal Reserve...
| Dec 20, 2013
| 5:01 PM
California's economy showed renewed signs of strength last month when employers added the most jobs since October 2012, the state Employment Development Department reported Friday.
Employers created a net 44,300 jobs in November, led by a surge in...
| Jan 23, 2014
| 7:33 AM
WASHINGTON -- Initial jobless claims held roughly steady last week at nearly a two-month low, pointing toward moderate labor market growth, federal officials said Thursday.
There were 326,000 people who filed for first-time unemployment benefits in the...
| Dec 26, 2013
| 9:09 AM
The number of people filing for initial unemployment benefits dropped by 42,000, the largest drop in over a year, the Labor Department reported Thursday.
In the week ending Dec. 21, the number of seasonally adjusted jobless claims was 338,000, down from...
| Nov 19, 2013
| 1:18 PM
Current Mortgage Rates Affected By Recent Drop in Unemployment
Last week, the November jobs report was released by the Labor Department and was quite a shock for many investors who consistently watch these numbers. Due to the connection between the...
| Nov 14, 2013
| 10:53 AM
Halloween 2013 is in the rearview mirror, but two shows keep the spooky shenanigans going.
"Blacula: Young, Black and Undead"
I haven't seen the 1972 blaxploitation classic that shares a title with Reginald Edmund's new horror-comedy for Pegasus...
| Jan 2, 2014
| 5:55 AM
WASHINGTON -- Initial jobless claims dropped slightly last week, ending the year on a downward trend as holiday season volatility appeared to ease.
The number of people filing for first-time unemployment benefits dropped to 339,000 in the week ended...
| Jan 3, 2014
| 9:49 AM
A Labor Department watchdog has called for a change in the way sensitive weekly jobs data is released to the public, recommending an end to the long practice of giving information to journalists first.
The decades-long "lockup" method, in which...
| Nov 21, 2013
| 9:32 AM
Fixed mortgage rates fell early this week in the wake of a decline in the inflation rate, with Freddie Mac pegging the 30-year loan at an average of 4.22%, down from 4.35% last week.
But the trend Thursday was once again toward higher rates.
| Nov 22, 2013
| 6:27 AM
While the federal government was shutdown, Florida and South Florida's unemployment rate was dropping and the state was adding jobs, according to new data released Friday by the state.
Florida's unemployment rate fell to 6.7 percent in October -- the...
| Nov 22, 2013
| 8:48 AM
U.S. job openings in September grew by 69,000 from the year before to 3.9 million, one of the highest levels since 2008, signaling the economy has continued expanding moderately, the Labor Department reported Friday.
Since September 2012, the number...
| Nov 21, 2013
| 6:03 PM
The Dow Jones industrial average closed above 16,000 for the first time, a testament to investors' hope that the plodding economy can gain momentum in the coming year.
The index, a gauge of 30 of the largest American companies, jumped more than 109...