Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…
With U.S. unemployment at 9.8%, its easy to envy workers in countries where many companies guarantee jobs for life. And while the number of Japanese workers with such guarantees is shrinking, in Germany, it’s rising rapidly. Co…
Initial jobless claims unexpectedly fell last week.
Claims fell 3,000 to 420,000 in the week ending Dec. 11, the Department of Labor said. The revised figure for the previous week was 423,000.
A survey of economists by The Wall Street Journal pre…
For the 22nd-straight month, the central bank kept its target interest rate at 0% to 0.25%. It made no new asset purchases and no changes to QE2, its $600 billion, eight-month bond-buying program. Housing and hiring are two mai…
‘Tis the season to remember the less fortunate, and Jim Gibbons, CEO of Goodwill Industries, hopes his nonprofit will be on the receiving end as you make out your charitable giving list. With unemployment still hovering near 10…