Survey: Private Employers Add Just 119,000 Jobs in April
(WASHINGTON) — A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months.
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No Policy Changes are Expected as Fed Ends Meeting
(WASHINGTON) — The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy.
The Fed will likely end a two-day meeting with a statement noting that job growth …
US Home Prices Up 9.3 Pct, Most in Nearly 7 Years
WASHINGTON — U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes.
The Standard & Poor’s/Case-Shiller 20-city home price index increased from an 8.1 percent year-over-year gain in January. …
Fed Likely to Stick With Low-Rate Stance This Week
WASHINGTON — A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely.
The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment rate dips below …
U.S. Economy Accelerates at 2.5% Rate in 1st Quarter
(WASHINGTON) — U.S. economic growth accelerated to an annual rate of 2.5 percent from January through March, buoyed by the strongest consumer spending in more than two years. Government spending fell, though, and tax increases …
FAA Order Formally Lifts Boeing 787 Grounding
(WASHINGTON) — Federal regulators are telling airlines they can fly Boeing’s 787 Dreamliners again as soon as they replace its problematic lithium ion batteries with a revamped battery system.
U.S. Unemployment Aid Applications Drop to 339,000
(WASHINGTON) — The number of Americans seeking unemployment aid fell last week to a seasonally adjusted 339,000, the second-lowest level in more than five years. The decline suggests hiring is improving from last month’s
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Survey: Americans Felt More Secure in Jobs in 2012
(WASHINGTON) — Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy.
Americans increasingly feel they could find a …
Social Media Editor Enters Plea in Hacking Case
(SACRAMENTO, Calif.) — A social media editor who has worked for two of the nation’s largest news-gathering organizations pleaded not guilty Tuesday to charges that he conspired with the hacking group Anonymous to deface the Los …
Stocks Briefly Drop, Recover, on Fake Bomb Tweet
The stock market briefly dropped, then recovered, after the Associated Press’ Twitter account was hacked and a fake tweet about an attack on the White House was posted.
U.S. Unemployment Aid Applications Rise to 352,000
The number of Americans seeking unemployment benefits increased just 4,000 last week to a seasonally adjusted 352,000
