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  2 yrs | U.S. economy adds 242,000 jobs, wages Fall

              The U..S economy added 242,000 jobs in February mostly in restaurants, retail, and healthcare. But, while jobs growth was better than expected, the major gains were in low wage industries.   


  United States        12 UPDATES

 


 2 yrs | U.S. unemployment rate drops to lowest level since 2008

              The U.S. unemployment rate has dropped below 5% for the first time since 2008 and wages are finally on the rise, indicating that the multi-year economic recovery is not yet over. However, the jobs added came in below economists' expectations. That number is also considerably lower than last January or the past three months.   


  United States        12 UPDATES

 


 2 yrs | U.S. jobless claims up more than expected last week

              The Labor Department said on Thursday the number of Americans filing for unemployment benefits rose more than expected last week due to some loss of momentum in the labor market amid a sharp economic slowdown and stock market sell-off. Initial claims for state unemployment benefits increased 8,000 to a seasonally adjusted 285,000 for the week ending January 30th.   


  United States        12 UPDATES

 


 2 yrs | Dow Jones down 467 points on falling oil prices and global economic fears

              US stock markets suffered big losses on Friday, with the Dow Jones industrial average dropping 467 point in early afternoon trading, reaching its lowest level since September 2014. Analysts said the drops were fueled by fears about the health of the Chinese and US economies as well as the continued drop in oil prices, which has fallen by 20% so far in 2016 to below $30 a barrel.   


  United States        12 UPDATES

 


 2 yrs | Dow closes down 391 points as China suspends trading fueling global growth concerns

              U.S. stock fell sharply on Thursday with the Dow Jones Industrial average closing down about 391 points amid renewed concerns of a global economic slowdown following a suspension of the Chinese stock markets overnight and low oil prices. (more)   


  New York, NY        12 UPDATES

 





 


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