Private Sector Jobs Jumped Again in February

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…

Asian Markets Slide as Oil Passes $100

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…

February Retail Sales Growth Should Be Slow but Steady

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…

February’s Auto Sales Put Carmakers in the Fast Lane

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…