Traders Don’t Expect Fed to Raise Interest Rate in 2011

A dismal jobs report Friday means federal interest rates are likely to stay low for some time. Interest-rate futures traders, who previously anticipated that the Fed would raise rates at the end of next year, now believe the Fe…

Jobless Claims Rise More Than Expected

Initial jobless claims rose more than expected last week.

Claims increased to 26,000 to 436,000 in the week ending Nov. 27, The Department of Labor said. The revised average for the previous week was 410,000.

A survey of economist by Reuters foreca…

People@Work: In Negative Workplaces, Minuses Can Add Up

In today’s economy, the mantra seems to be: “Do more with less.” But workers are hardly thrilled. And managers say that the negative attitudes, which are resulting in criticism and lack of teamwork, are contributing to reduced …