All Economy
- Obama's speech: uplifting but short on specificsFriday's tepid jobs report is a reminder that there is still a lot to be done to grow the economy. Yet Reich writes that President Obama's convention speech lacked details on how he will address unemployment and economic inequality.
- Georgia flouts federal order, withholds lunch ladies' unemployment benefitsStates nationwide are trying to cut costs by reining in unemployment benefits, but Georgia has taken a bold step by refusing to pay seasonal workers. The Obama administration is concerned.聽
- Stocks nudge upward after tepid jobs reportStocks barely moved Friday following yesterday's surge in the stock market. The Dow rose 14 points and the S&P 500 was up 5.
- Investors walk away from mutual funds, leaving billions on the tableOver the last several years investors have abandoned roughly $65 billion in gains by walking away from their equity mutual funds.
- Total unemployment rate drops to 14.7 percentThe total unemployment rate includes both the traditional unemployment rate as well as marginally attached workers. The traditional unemployment rate also decreased in August, down to 8.1 percent.
- Companies we love in 8 industries we hate A trip to the bank doesn't have to be a nightmare. Here are the customer service winners in eight industries that customers hate, from airlines to cable companies.
- Jobs report shows weak August numbers. Will Fed 'ease' the way?The pace of US job creation was disappointingly slow in August, signaling a recovery that is still weak and fragile as a pivotal election draws close. Will the Fed maintain low interest rates?
- In-N-Out discrimination suit charges burger chain won't hire blacksIn-N-Out discrimination suit: The California-based fast-food restaurant chain denies that the discrimination suit has merit. Two black men say they weren't hired at In-N-Out because of race and age.
- Service industry shows mixed activity in August. Unpredictable conditions ahead?While the overall non-manufacturing index increased, the business activity index declined 2.8 percent since July, according to a new report from the Institute for Supply Management.
- New stats drive home Millennials' aversion to carsA 'perfect storm of unfortunate events' makes it difficult for the auto industry to cater to Generation Y, Read writes.
- ECB bond-buying boosts markets in early tradingEuropean Central Bank's bond-buying plan continued to lift financial markets on Friday ahead of key US jobs data. European Central Bank president Mario Draghi unveiled a plan Thursday to to buy unlimited amounts of short-term bonds from euro countries that request help.
- Private employers add 201,000 jobs in AugustThe new jobs mean an increase of 1.96 percent in the total employment level. Small to mid-sized service providing jobs showed the most growth.
- Stocks soar to highest level in four yearsUS, European stocks surge in response to European Central Bank's plan to buy bonds to support struggling Spain and Italy. S&P 500 rises 28 points; the Dow jumps 244 points to close at 13292.
- Health-care system wastes $750 billion a yearHealth-care system squanders roughly 30 cents of every medical dollar through unneeded care, byzantine paperwork, fraud and other waste, a new study shows. Deep cuts to the US heath-care system may produce a more efficient, better-quality product.
- Jobless claims fall by 12,000Initial jobless claims declined to 365,000 over the past week while continued jobless claims declined by 6,000.
- Insurance: Why do we need it?There are many different kinds of insurance, and getting covered can be complicated. The first step is knowing your reasons for getting insured.
- Glenn Beck rant against American Airlines: Will it hurt revenue?Glenn Beck used his radio show to complain that an American Airline flight attendant treated him rudely because Beck is a conservative. Glenn Beck says he isn't calling for a boycott the airline.
- How low borrowing rates slow the economyLow interest rates may seem great for consumers, but they wreck business models (particularly in the financial industry), and they don't do enough to spur lending and borrowing.
- European Central Bank to take action? Global markets wait and hope.European Central Bank may take measures to ease Europe's debt crisis, and hope for such action buoyed markets Thursday morning. European Central Bank president Mario Draghi has said that he will do 'whatever it takes' to save the euro.
- Some credit cards can replace car-rental insuranceYou could save up to $28 a day by skipping car-rental insurance. But getting replacement coverage from a credit card depends on two key questions.聽