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The number of Americans lining up for new jobless benefits fell last week for the first time since April, a hint that a slowdown in hiring last month may only be temporary.
U.S. worker productivity fell by the largest amount in a year from January through March. The steeper drop in production than first estimated suggests companies could hire more in the coming months.
Senh: I'll take this as good news since it would mean more hires in the coming months.
Oil prices plunged as bleak reports on U.S. job growth and manufacturing heightened worries about a slowing global economy. Benchmark oil fell $3.49 to $83.04 per barrel Friday.
Senh: Hey, at least gas prices are going down, but so is the economy. But good news is good news.
The U.S. banking industry posted a $35.3-billion profit in the first quarter of the year, its best performance since 2007, the Federal Deposit Insurance Corp. said Thursday.
Public opinion continues to shift in favor of same-sex marriage, according to a new Washington Post-ABC News poll, which also finds initial signs that President Obama’s support for the idea may have changed a few minds.
Home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.
If the numbers in a preliminary federal study hold true, U.S. highway deaths continued to plunge last year to the lowest level since the government began keeping records in 1921.