Sep 03, 2010 02:57PM

Obama's economy boost - just don't call it stimulus

President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus.

Sep 03, 2010 12:07PM

Where the jobs are now, and where they'll be next

U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.

Sep 03, 2010 09:08AM

Signs of life in the job market

Businesses are hiring, but not enough to make up for the massive losses of temporary government jobs.

Sep 03, 2010 06:01AM

Should US government debt be rated junk?

A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.

Sep 02, 2010 08:55AM

How trader Dick morphed into banker CEO Dick Fuld

The rumors persisted of Lehman Brothers' being taken over again, and it was against such a background that Dick devised his pièce de résistance.

Sep 03, 2010 04:24PM

Payrolls data offer ray of hope for recovery (Reuters)

Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.

Sep 03, 2010 03:14PM

Obama to address new economic ideas next Wednesday (Reuters)

Reuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.

Sep 03, 2010 03:09PM

Despite hiring, US unemployment rate seems frozen (AP)

AP - Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.

Sep 03, 2010 02:57PM

Business Highlights (AP)

AP - Companies add 67K workers, but jobless rate rises

Sep 03, 2010 02:56PM

Economy 101: Jobless rate widens for black workers (AP)

AP - When the unemployment rate rose last month, the pain wasn't spread evenly.