Economy News
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Senate Republican jobs bill urges tax reform and cuts
WASHINGTON - Senate Republicans, having rejected President Barack Obama's jobs bill, offered a sweeping and largely repackaged plan of their own on Thursday.
Kocherlakota: Recent easing hurts Fed credibility
SIDNEY, Montana - Recent Federal Reserve moves aimed at bolstering a slow but intact recovery reduce the central bank's credibility and ultimately its ability to keep inflation in check and unemployment low, a top Fed official said on Thursday.
Insight: Wisconsin clash spotlights U.S. labor-management rift
OSHKOSH, Wisconsin -- Oshkosh Corp has been a rare lifeline for the beleaguered United Auto Workers, one of the few American manufacturers to have added significantly to its ranks of well-paid union workers in a brutal decade for factory hands.
Analysis: Return of the pink slip? Risk of layoffs rising
BOSTON - From Capitol Hill and Wall Street to small towns across the United States, discussions of the economy have focused on one key question for the past two years: When will corporate America start hiring again? | Video
Economy shows signs of improvement
WASHINGTON - The number of Americans filing new claims for jobless benefits dipped last week and the U.S. trade deficit narrowed slightly in August, signs that point to a slight strengthening in growth. | Video
August trade gap narrows slightly
WASHINGTON - The trade deficit narrowed marginally in August, but the trade gap with China widened to a record high, the Commerce Department said on Thursday.
Rich world economic malaise to endure into 2012: Reuters poll
LONDON - Stagnation is probably the best many of the world's biggest developed economies can hope for over the next year, with several facing a significant chance of recession, Reuters polls of around 350 economists showed on Thursday. | Video
So many U.S. manufacturing jobs, so few skilled workers
WASHINGTON - U.S. manufacturers are failing to fill thousands of vacant jobs, surprising when 14 million people are searching for work.
Fed mulled balance sheet expansion in September
WASHINGTON - Federal Reserve officials discussed the possibility of launching a fresh round of bond purchases before deciding last month on a more limited step to aid the economy, minutes released on Wednesday showed. | Video
Fed's Plosser: Operation Twist is fiscal policy
PHILADELPHIA - The Federal Reserve's latest easing program is fiscal, not monetary policy, and does not have much credibility, Philadelphia Federal Reserve Bank President Charles Plosser said on Wednesday.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 11,478.13 |  -40.72 |
-0.35% |
| S&P 500 | 1,203.66 | -3.59 |
-0.30% |
| NASDAQ | 2,620.24 |  +15.51 |
+0.60% |
| TR US Index | 109.16 | -0.26 |
-0.24% |
Sector Summary
| Energy | +0.62% |
| Basic Materials | +0.47% |
| Industrials | -0.10% |
| Cyclical Goods & Services | -0.20% |
| Non-Cyclical Goods & Services | +0.09% |
| Financials | -0.08% |
| Healthcare | -0.04% |
| Technology | -0.03% |
| Telecoms | +0.12% |
| Utilities | +0.03% |
Being poor is no fun: study
A new OECD report attempts to take a more human approach to economics, but ends up stating the obvious.
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