
U.S. stocks started with modest gains as hints of an improving labor situation helped to assuage investor fears, at least temporarily, about the struggling economic recovery’s ability to create jobs.Investors reacted cautiously to monthly job survey data from Automatic Data Processing that showed private-sector jobs inching up by 42,000 in July, slightly better than [...]
August 4, 2010 | Posted in
Business |
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AP - Homebuilders are feeling increasingly pessimistic about their industry, more evidence that the economic recovery is slowing.[Read more...]
July 20, 2010 | Posted in
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Nikkei hit by US recovery fears Japan’s benchmark Nikkei 225 stock index lost 2.86pc to 9,408.36. In Hong Kong, Shanghai and South Korea shares were down between 0.1pc and 1pc. “Sentiment turned downbeat as the latest US indicators underlined an economic recovery [...]
July 16, 2010 | Posted in
Business |
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Asian stocks largely declined Wednesday after weak U.S. data refueled worries about the strength of the global economic recovery. Technology shares dropped, unimpressed by Samsung Electronics’ forecast of a record operating profit. More MarketBeat: China Reaffirms U.S. Treasury Importance MarketBeat: Yuan’s Rise to Slow, Won to Rally - Poll [...]
July 7, 2010 | Posted in
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AP - A weak June jobs report offered the latest evidence that the economic recovery is slowing.[Read more...]
July 2, 2010 | Posted in
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Disappointing jobs data sent U.S. stocks lower Friday, capping the final session of a bruising week that sent major market measures to their lowest levels this year. While Friday’s trading was light ahead of the July 4th holiday weekend, investor fears of a slowing economic recovery deepened following the first drop in monthly nonfarm [...]
July 2, 2010 | Posted in
Business |
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AP - Asian markets tumbled Wednesday, extending a worldwide plunge in stocks as evidence mounts that the global economic recovery is stumbling.[Read more...]
June 30, 2010 | Posted in
Business |
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AP - Americans, worried about jobs and the sluggish economic recovery, are having a relapse in confidence, causing a widely watched index to tumble in June and raising concerns about consumer spending in the critical months ahead.[Read more...]
June 29, 2010 | Posted in
Business |
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AP - Americans spent a little more in May but not enough to speed along the economic recovery.[Read more...]
June 28, 2010 | Posted in
Business |
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AP - President Barack Obama accused Republicans on Saturday of blocking legislation that would boost the nation’s economic recovery and lift a $75 million cap on what oil companies must pay to families and small businesses affected by an oil spill.[Read more...]
June 19, 2010 | Posted in
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