All Economy
- Is American Airlines' loose-seat fiasco over?American Airlines scrapped more than 90 flights in the past two days because seats were coming loose in flight. American Airlines says it has fixed seats聽on 42 of 48 planes.聽
- Jobs report: Obama's sigh of reliefBetter-than-expected employment numbers from September's jobs report was a relief for the White House, Reich writes. But the economy is still growing too slowly.
- Stocks barely flinch after good jobs reportStocks initially rose on news of the unemployment rate dropping to 7.8 percent. But in afternoon trading, stocks failed to hang onto early gains.
- Employers add 114,000 jobs in SeptemberNet non-farm payrolls increased adding 114,000 jobs overall with the private non-farm payrolls sub-component adding just 104,000 jobs.
- The benevolence of up-marketsGood vibrations in the market, especially those emanating from the third quarter of this year, go a long way toward solving lots of outstanding issues in a very benign and gentle way, Brown writes.
- 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 鈥 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.聽
- 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.聽
- California gas prices surge: 20 cents overnight in some placesCalifornia gas prices are soaring because of聽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聽Deutsche Telekom would soon acquire MetroPCS. Now come reports that Sprint is interested in the budget carrier, too.聽
- 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 鈥 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.聽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.