Consumer sentiment unexpectedly fell 1.8 points to 72.7 in January. A Bloomberg survey had forecast an increase to 75. Americans sense that the economy has improved, but they also know rising energy prices are capable of hurtin…
Amid some promising signs — which are turning the heads of even some bears — structural unemployment continues to be painful as the ranks of the long-term jobless keep swelling. This is a distinction that should be far more c…
In another sign the auto industry is on a comeback, Ford Motor (F) reportedly will announce plans Monday to add 7,000 jobs to its U.S. workforce during the next two years in a variety of positions.
The plan includes the addition of 4,000 blue-collar j…
Up to now, they survived the downturn with minimal damage. But that’s changing, even as the economy rebounds. Unemployment among people under 25 with a bachelor’s degree is now 9.6% vs. 5% just two years ago.
C…
The automaker has licensed technology from the Energy Department’s Argonne National Laboratory that will boost the performance of lithium-ion battery cells for its electric Chevy Volt. The next-generation power packs will be ma…