NEW YORK, Sept. 4 (Xinhua) -- Wall Street slid into bear territory on Thursday with Dow Jones down more than 340 points as disappointing jobless and retail data left investors in doubt of a come-back in U.S. economy. Major...
The Bureau of Labor Statistics Friday morning will release August data on unemployment and nonfarm payrolls. Economists, on average, think the jobless rate ticked up to 5.8% from 5.7% in July and that payrolls shrank by...
American stocks tumbled, sending the Standard & Poor's 500 Index to the longest stretch of losses since January, after rising jobless claims heightened concern the economic slump is worsening and a decline in oil pushed...
From correspondents in Washington, United States, 11:31 AM IST US stocks posted sharp losses Thursday as oil prices continued to fall and weekly jobless numbers sparked wider concerns about the state of employment in a...
Friday, 5 September 2008, 2:05 pm Press Release: New Zealand National Party Judith Collins MP National Party Welfare Spokeswoman Labour keeps quiet on 20% spike in unemployment Labour should explain why it hasn’t made...
By COURTNEY SHERWOOD Hewlett-Packard Co. is laying off at least 60 Vancouver employees, and possibly more than 100, according to workers and their family members. Those who remain have been told that more cuts may come by...
Wall Street finished deep in red on Thursday as Jobless claims rose more than the forecast and worries regarding weakness in the global economy intensified. The Dow Jones industrial average (DJI) dropped 344.65 points...
By JOEL DRESANG jdresang@journalsentinel.com Posted: Sept. 4, 2008 The stock market tripped over news of more joblessness and disappointing back-to-school receipts Thursday, amid growing concern that economic weakness at...
Thursday September 4, 3:37 pm ET Wachovia shares drop, along with broader market on spike in jobless claims, weak retail sales NEW YORK (AP) -- Wachovia Corp. shares dropped Thursday, amid steep declines in the broader...
US unemployment rose to a near five-year high last week as employers cut staff in the face of a weakening global economy. The number of Americans claiming unemployment benefits for the first time increased by 15,000 to...