Manufacturing activity in the mid-Atlantic region showed modest improvement in October, according to the Federal Reserve Bank of Philadelphia, which saw its Business Outlook Survey rise to 1.0. However, despite that return to p…
New claims fell by 23,000 to 452,000 last week, but that’s offset somewhat by the prior week’s total being revised upward by 13,000. The numbers were a little better than expected, but still not enough to indicate a recovery g…
Initial jobless claims unexpectedly rose 13,000 to 462,000, but continuing claims plunged another 112,000 to 4.4 million, the Labor Department announced Thursday. Some of the decline in continuing claims comes from people who have exhausted their benef…
CNBC’s Larry Kudlow blogged Tuesday that the a GOP win in November’s elections would create an explosion of U.S. job creation. One of his guests that day on The Kudlow Report was DailyFinance’s Peter Cohan, who breaks down prec…
The ISM services index grew at a better-than-expected pace in September, signaling continued economic growth — and lowering the risk of a double-dip recession. Stock markets are reacting with a powerful surge.
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