Economy, Good News | featured news

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....

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.

Data, coupled with new information on jobless claims, provides a bit of hope for the economy.

As global trade recovers, expect a return to pre-crisis current account dynamics.

US retail sales rebounded in October as demand for cars continued to climb even after the expiration of government sponsored incentives.

The euro region finally sees some modest growth, as Spain and Ireland straggle behind.

Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft....

Signs that manufacturing in the United States was on a path to recovery sent stocks upward on the first trading day after one of the steepest plunges in months.

The government reported that output of goods and services grew at a 3.5 percent annual rate, which was faster than expected. But it will be months before job-seekers feel the benefits.

The U.S. service sector grew in September for the first time in 13 months, an encouraging sign for the fledgling economic recovery although jobs remain scarce.