All Economy
Will jobs report give a timely lift to Obama's record on the economy?At 7.8 percent, the US unemployment rate is now back to the point it was when President Obama took office. But Mitt Romney say it's still not a recovery – and that the real jobless rate is closer to 11 percent.
Unemployment rate drops to 7.8 percentTotal unemployment went flat at 14.7 percent in September, while the traditionally reported unemployment rate declined to 7.8 percent.
A good jobs reportThe big news, economically and symbolically, is that the unemployment rate fell to 7.8 percent, Marron writes.
Jobless rate falls below 8 percent for the first time in nearly four yearsThe US unemployment rate fell to 7.8 percent in September, the lowest unemployment rate in 44 months. The economy also created 86,000 more jobs in July and August than first estimated.
American Airlines cancels nearly 100 flights to fix loose seatsAmerican Airlines has found a fix for loose passenger seats, it says. But American Airlines still had to cancel 50 flights on Thursday and 44 on Friday to make the repairs.
Presidential debate: The details (or lack thereof) of Romney's tax planMitt Romney presented what Rogers writes was a fair and responsible but unspecific tax plan in Wednesday's debate.
Zynga, maker of 'FarmVille,' expects 3Q lossZynga expects net loss of 12 to 14 cents a share, after taking a charge of $85 million or more on its purchase of flailing OMGPop. Zynga shares lose 18 percent in after-hours trading.
California gas prices surge: 20 cents overnight in some placesCalifornia gas prices are soaring because of refinery outages and pipeline problems. Gas prices at some Los Angeles stations now top $5 a gallon.
Will Sprint steal MetroPCS from under T-Mobile's nose?Earlier this week, it looked as if T-Mobile's parent company Deutsche Telekom would soon acquire MetroPCS. Now come reports that Sprint is interested in the budget carrier, too.
Mitt Romney pitches smaller government: Is his target realistic?While President Obama sees sizable government as fostering economic growth, Mitt Romney wants to cap federal spending at 20 percent of GDP. Is that goal feasible – and economically helpful?
Maple syrup seized. Is Quebec heist solved?Maple syrup seized in New Brunswick is said to be related to last month's mysterious heist in Quebec. Some 600 barrels of maple syrup seized and headed back to Quebec under police escort.
The first presidential debate: Romney's style trumps Obama's substanceRomney stayed on script while Obama struggled to think on his feet in the first presidential debate, Reich writes.
Stocks climb after jobless claims reportA better-than-expected jobless claims report pushed stocks higher Thursday. The major stock market indexes have climbed steadily higher to start October.
Mortgage rates drop 9 pointsThe latest data from the Mortgage Bankers Association shows that the average rate for a 30-year fixed-rate mortgage declined 9 basis points to 3.45 percent since last week.
Iran's currency: Why did the rial tumble so precipitously?US sanctions played a role. However, Iranians aren't blaming the US, they're blaming their own government.
Facebook: 1 billion users. What's next for the social network?Facebook: 1 billion users arrives just two years after it announced it had half a billion users. Facebook CEO Mark Zuckerberg is now 'a part of this tradition of things that connect us.'
What did we learn from Obama and Romney in the presidential debate? Not muchThe presidential debate showed almost nothing new about how either Romney or Obama would govern over the next four years, Gleckman writes.
Starbucks launches new app function for 'digital tipping'Starbucks says a digital tip function will be added to its mobile payment application starting next summer. A similar option will also be available on Starbucks' new payment app, 'Square.'
Big Bird fired? Cut wouldn't end PBS or balance budget.Mitt Romney's Big Bird comment in last night's debate took over Twitter and reignited the age old debate over federal arts funding. But would the subsidy cut really mean all that much for Big Bird's fate – or the budget?
Jobless claims up by 4,000Thursday's jobless claims report from the US Department of Labor showed a slight increase in jobless claims.
