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U.S. women regain lost jobs; men still short 2.1M
WASHINGTON — U.S. women have recovered all the jobs they lost to the Great Recession. The same can’t be said for men, who remain 2.1 million jobs short. The biggest […]
Computer upgrades cut jobless claims to 292K
WASHINGTON — The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because of technical issues in two states […]
Americans driving less as car culture wanes
WASHINGTON — Driving in America has stalled, leading researchers to ask: Is the national love affair with the automobile over? After rising for decades, total vehicle use in the U.S. […]
Consumer confidence rises in August
WASHINGTON — Americans’ confidence in the economy inched closer to a 5 ½-year high on growing optimism that hiring and wages could pick up in coming months. The Conference Board, […]
Measure of jobless claims falls to 6-year low
WASHINGTON — Americans who have a job may take comfort in knowing that companies are laying off fewer people than at any time since before the Great Recession. Applications for […]
Study: Youth attitudes shift in Great Recession
CHICAGO — Drew Miller clearly remembers the day his father was laid off. Miller, now 25, was a freshman at an Ohio college, full of hope and ready to take […]
Oil below $96 per barrel on jobs, stronger dollar
The price of oil fell below $96 a barrel even as the dollar strengthened against some foreign currencies. Crude prices have been rising, along with the stock market, and investors […]
Economic reports hold out hope for hiring gains
WASHINGTON — Fewer people are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports are plunging, narrowing […]
Automakers report U.S. sales up in March
DETROIT — March is turning out to be the best month for auto sales in at least six years. Major automakers including Ford, Chrysler, Toyota, General Motors and Nissan all […]
Ex-JPMorgan exec says Dimon withheld data
WASHINGTON — JPMorgan Chase CEO Jamie Dimon held back showing federal regulators reports in May that revealed the bank had accumulated billions of dollars in trading losses, according to congressional […]
Strong news from IBM lifts Dow to 5-year high
NEW YORK — Strong earnings from tech giants nudged the stock market to a five-year high Wednesday. Investors drew encouragement from a vote by the House of Representatives to let […]
GM to buy back 200M shares as part of gov’t exit
DETROIT — The Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the stigma of being partly owned by […]
