Fewer CEOs Headed for the Exit in October

The number of chief executive officers leaving their posts in October fell to its lowest level in 18 months, according to a new report released today. The drop seems to show that the volatile job market, at least among corporat…

Another Big Drop for Initial Jobless Claims

America’s labor market got more good news with word of a 24,000 drop, to 435,000, in weekly jobless claims. A Bloomberg survey had expected a total of 450,000. In perhaps better news, the four-week moving average sank another 1…

The High Price of Extending the Bush Tax Cuts

Before the GOP power surge on Tuesday, President Obama had steadfastly refused to consider extending the Bush tax cuts — due to expire at the end of the year — for America’s wealthiest taxpayers. Now, he says he’s willing to …

October’s 151,000 New Jobs Provide Some Hope

The hard-hit U.S. job market may be starting to rebound. For the first time in five months, in October the economy added jobs, posting an overall increase of 151,000 — and 159,000 in the private sector. The official unemployme…