Tag Archives: hiring
Oil prices close up after Fed says they have the tools to stimulate the economy
The price of Oil rose after the Federal Reserve’s Chairman Ben Bernanke stated that growth in the economy will resume and that the central bank had the tools nessecary to stimulate the economy in the U.S.
Oil price fell by …
U.S. retreats after Bernanke speech
The U.S. Dollar dropped on friday following Ben Bernanke’s speech in Jackson Hole, Wyoming.
The Chairman of The Federal Reserve did not offer any new stimulus package to boost the economy like many economists had speculated he might but he …
Dow down again on latest unemployment data
A report released by the Labor Department shed more light on the state of the economy in the United States on Friday. The latest report shows that unemployment rates rose in July. Rates rose in 28 states but fell in …
Copper declines as banks drop outlook on global expansion
Copper futures fell almost 2 percent on thursday on fears that the economy was heading towards another recession after the release of weak housing and labor data; Morgan Stanley and Deutsche Bank also cast doubt on the global economy after …
Dollar drops on more weak U.S. economic data
The U.S. dollar dropped against most major currencies on thursday after the Labor Department released a report showing more weak U.S. economic data.
The report showed that first-time U.S. jobless claims had unexpectedly rose during the latest week. The number …
