Why Wall Street Paychecks Dwarf Those of Most Americans

Why is that so — when the average worker hasn’t enjoyed even a small raise? That’s because Wall Street enjoys at least four major advantages that other industries can only dream about, including an implied backstop against los…

Another Strong Showing for Private Sector Jobs

Private employers added 187,000 jobs in January, ADP announced Wednesday, 47,000 more then economists had predicted. That marks the fourth straight month of significant job gains — a trend that suggests the U.S. labor market i…

Dow 12,000: Still Well Short of Record High

Investors and traders greeted Dow 12,000 with cheers Tuesday after the blue-chip index closed at the highest level since 2008. Where do we head from here? It all depends on the economy. And considering the possible headwinds, t…

Asian Markets Follow U.S. Earnings Higher

Impressive earnings reports for blue chip U.S. companies and a rise in U.S. manufacturing data bolstered markets across Asia.
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Asian Mark…