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Retail holiday sales improve upon 2008 disaster

Retail holiday sales improve upon 2008 disaster

U.S. retailers performed better during the key holiday shopping season this year after a historically dismal 2008, performing in line with dampened expectations, according to data released on Monday.

 

Home sales surge, boosting recovery hopes

The recovery may have gotten off to a slow start in the third quarter, but a surge in sales of existing homes in November could presage a more robust end to the year.

 

California's Unemployment Rate Drops Slightly

California's Unemployment Rate Drops Slightly

California's unemployment rate fell in November, another sign that a recovery is underway, even as the state shed jobs from its payrolls.

The state's unemployment rate slid to 12.3%, the Bureau of Labor Statistics reported this morning, down from 12.5% the month before. It is one of 36 states that saw unemployment rates decline in November.

 

Stock Futures Rise; RIMM Up 11%

U.S. stock futures rose as better-than-expected earnings reports from Research In Motion and Oracle late Thursday reinforced confidence in the ability of companies to increase profits next year.

 

Stocks Open Higher on Dubai, Exxon

Investors were relieved to see Abu Dhabi's $10 billion rescue of Dubai, while acquisition plans announced by Exxon Mobil helped lift the energy sector.

 

U.S. Retail Sales Exceed Forecasts

U.S. Retail Sales Exceed Forecasts

Consumers spent more on gasoline and a wide range of other goods, data showed, raising hopes of a self-sustaining economic recovery.

 

Americans' net worth up for 2nd straight quarter

Americans' net worth up for 2nd straight quarter

Americans got wealthier for a second straight quarter in the fall, as the economic recovery again boosted home values and investments.

 

Unemployment Rate Falls to 10%

Unemployment Rate Falls to 10%

U.S. job losses slowed sharply in November and the unemployment rate unexpectedly declined, in a sign the labor market is finally starting to heal.

 

New jobless claims fall unexpectedly to 457K

New jobless claims fall unexpectedly to 457K

The tally of newly laid-off workers seeking unemployment benefits fell unexpectedly for the fifth straight week, a hopeful sign that the job market is slowly improving....

 

Labor market marks slight improvement in November

The U.S. labor market improved in November, with the number of jobs lost in the private sector falling again and the number of planned layoffs also easing, separate reports showed on Wednesday.

 

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