"The economic recovery that began a year and a half ago is continuing" and there is "increased evidence that a self-sustaining recovery in consumer and business spending may be taking hold," Federal Reserve Board Chairman Ben Bernanke told Congress this morning.But, as we saw in this morning's empl
The nation's jobless rate declined to 9.4 percent in December from 9.8 percent the month before. And businesses added a relatively modest 103,000 jobs to their payrolls, the Bureau of Labor Statistics just reported.We'll add more to this post as we sift through the report.
The man responsible for averting another global economic meltdown has a small frame. He scribbles every other word and number he speaks onto a pad of paper. And he’s got a really good name for the job.“Angel,” he says. “I don’t know how to pronounce it in English.
The digital divide has created a chasm between the nation's two biggest bookstore chains: While Borders is trying to hold off bankruptcy, Barnes & Noble announced Thursday its best holiday sales season in more than a decade.Thrilled was the word Barnes & Noble Chief Financial Officer Joseph Lombardi
There were 409,000 first-time claims for jobless benefits last week, 18,000 more than the week before, the Employment and Training Administration just reported.Though the number of claims rose, the increase was "slightly less than expected," The Wall Street Journal writes.It's also worth no