Articles in the Business Category
The department said almost 120,000 Kansans were actively seeking jobs last month, compared with about 74,000 in July 2008.The rate in Jefferson County dropped to 7.8 percent in July from 8.3 percent in June, the …
The attacks underscore the fragility of Iraq’s security since U.S. combat troops withdrew from urban areas on June 30 and as the country prepares for elections in January. The withdrawal from cities is part of …
Retail sales fell unexpectedly in July, while first-time claims for jobless benefits rose slightly last weekMany economists still expect the nation’s gross domestic product, the broadest gauge of the economy, to grow 2 to 3 …
Reactions among European governments were mixed. Finance Minister Christine Largarde declared that France has pulled out of recession. German Economics Minister Karl-Theodor zu Guttenberg was less confident. “There is still a long way to go …
Crude fluctuated in a narrow $71.48-$71.96 a barrel range in Asia. The drop was in response to a stronger dollar and a forecast by the U.S. National Oceanic and Atmospheric Administration that it now expects …
About 1.6 million people are claiming unemployment benefits. Economists called the data “truly horrible”. The West Midlands has become the first British region in the current recession to see its unemployment rate reach double figures: …
Rattner’s decision to step down after fewer than five months on the panel follows the administration’s successful plan to march GM and Chrysler through what Rattner once called “quick rinse” bankruptcies, backed by government aid …
U.S. employment fell by a seasonally adjusted 467,000 jobs in June, after declining by 322,000 the month before, the Labor Department said Thursday. The report is at odds with such signs of recent economic improvement …
The U.S. has faltered as it has moved toward a service- and consumption-based economy, Immelt said. He singled out financial services, which he said comprise 45 percent of earnings of companies on the Standard & …
By deciding to build the small cars in the United States, GM is defying the industry’s conventional wisdom that small cars can only be profitably made in low labor cost countries such as Mexico, China, …
