by | Mar 2, 2011 | Towing
Private employers added a much-better-than-expected 217,000 jobs in February, ADP has reported. That’s the fifth straight month of job gains in the private sector — another sign that the U.S. labor market continues to slowly h…
by | Mar 2, 2011 | Towing
Asian markets closed lower Wednesday as investors focused on rapidly rising oil prices, which broke the $100-per-barrel mark in response to growing tensions in the Middle East. In Japan the Nikkei 225 Index slid 2.4%, Hong Kong…
by | Mar 2, 2011 | Towing
Most forecasts expect the month will show 3% growth or better over the same time last year when major merchants report their tallies on Thursday. One thing seems clear: Higher-end households were more willing to spend than lowe…
by | Mar 1, 2011 | Towing
The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….
by | Mar 1, 2011 | Towing
It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the “cash f…