House Republicans thwarted an expedited effort by Democrats to extend jobless benefits into next year. It cleared by 258-154 but failed to meet the two-thirds majority needed for “fast-track” passage. Two million Americans coul…
When QE2 is complete, the Fed’s bond purchases will have injected $1.7 trillion in liquidity into the markets since 2008 in an effort to boost corporate investment in new production and new jobs in the U.S. Instead, companies …
As UPS gears up for its busiest time of year by hiring about 50,000 temporary workers, the world’s largest package-delivery service said it expects to ship about 7.5% more packages this holiday season than it did a year ago.
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The nation’s factories continue to show signs that they will support economic growth in the immediate quarters ahead, as manufacturing output rose 0.5% in October — the sector’s biggest gain in three months — the Federal Reserve announced Tuesday.
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The consumer sentiment index rose to its highest level in five months in November, propelled by a slightly better economic outlook. However, despite the gain, sentiment remains at a low level, and not high enough to suggest a s…