All Economy
Jobless claims drop. Unemployment rate to follow?Jobless claims in the US fell by 23,000 to 369,000 last week after being distorted by seasonal adjustment problems. When jobless claims fall below 375,000, it suggests hiring is strong enough to lower the unemployment rate.
First-time entrepreneurs' biggest mistake? Lack of capital.Many entrepreneurs fail because they can't get funding for their great idea. Here's a solution.
Latest Chicago Fed data shows economic improvement in SeptemberThe Chicago Federal Reserve National Activity Index climbed from August 2012 to stand at a very weak 0.00 while the three month moving average remained very near contraction territory at -0.37.
Apple, Amazon earnings misses could rattle marketApple posts a rare miss on earnings but beats analysts' earnings expectations. Amazon disappoints on both counts, which could sour the market's mood.
What is President Obama's tax plan?Gleckman offers a description of what President Barack Obama has pledged to do on tax policy if he is reelected president in November.
Great expectations for US economy: Are Obama, Romney too optimistic?Mitt Romney and President Obama both present to voters rosy views of future economic growth. Those scenarios aren't impossible, but it's fair to attach some big asterisks to them.
Stocks edge higher, breaking a weeklong slumpStocks eked out the week's second day of gains Thursday after flipping between gains and losses for most of the day. A strong report from Procter & Gamble boosted stocks early in the day.
Jobless claims drop by 23,000The latest data shows a decline in initial jobless claims. Seasonally adjusted unemployment claims declined by a notable 23,000 to 369,000 claims from a revised 392,000 claims for the prior week.
10 richest members of Congress The 10 wealthiest members of Congress in 2012 include Senate and House members hailing from all over the US. Can you guess which political party had the most lawmakers on the list – and who grabbed the top spot?
American Airlines will hire 2,500 pilotsAmerican Airlines expects to hire 2,500 over the next five years as it ramps up international flights, the company said Wednesday. American Airlines currently has 8,000 active pilots.
Cybersecurity chief: Attacks on US banks tough to pin downCybersecurity getting increased attention from US government after a wave of Internet attacks on US banks. Pentagon blames Iran, but cybersecurity expert Gil Shwed says they could come from any developed country.
Protecting the Child Tax Credit as fiscal cliff looms nearA crucial safety net for low- and moderate-income families is jeopardized as the nation hurtles towards the fiscal cliff, Maag writes.
World's longest flight: cancelledWorld's longest commercial flight, from Singapore to Newark, New Jersey, is being cancelled by Singapore Airlines. The world's longest flight, flown in a gas-guzzling Airbus A340-500s, proved too costly for the airline.
Home sales up slightly in SeptemberHome sales climbed 0.3 percent since August while increasing 14.5 percent above the level of home sales seen in September 2011.
Germany's secret to staving off the eurocrisis? Manufacturing.Germany is 'strong and growing' more than almost any other Western economic power, thanks in large part to the country's dedication to its small- and mid-sized manufacturing companies.
British recession ends on Olympics' economic boostBritain posted its strongest quarterly GDP growth in five years in the third quarter, the government said today, thanks in part to temporary factors like this year's Olympics.
The effect of QE3 on mortgagesThe average rate for a 30 year fixed rate mortgage increased 6 basis points to 3.52 percent since last week while the purchase application volume declined 8 percent.
Sprint Nextel subscribers flee; earnings fallSprint Nextel lost subscribers and struggled to compete with mobile industry juggernaut Verizon Wireless in the third quarter earnings period. Unlike Verizon and AT&T, Sprint Nextel failed to see a boost from the new iPhone 5.
Olympics vault Britain out of a recessionOlympics spending and tourism helped pull Britain from its nine-month recession last quarter. But economists warn that the one-time boost from the Olympics aren't a permanent fix for the nation's weak economy.
Scandinavians plan for hydrogen fuel-cell carsSeveral northern European countries have signed a memorandum of understanding with Honda, Toyota, Nissan and Hyundai, to work towards the development of fuel cell vehicles and installing a hydrogen infrastructure, Ingram writes.
