Tag Archives: jobless

Wall Street Preview

The recent selling on fears of an early exit of the US Fed's stimulus looks to be over, but the stock market may still face 3 digit intra-day swings as investors position for this Friday's payrolls report.

Trading volume will …

Posted in Economy, Latest Headlines | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Oil prices increase on positive U.S. data and Iran concerns

Oil prices rose on Thursday after indications that the U.S. economy is improving despite the debt crisis in Europe. Speculation that tension in the Middle East could lead to a disruption of crucial supply routes has also led to an …

Posted in Commodities, Main Post | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

2 Million 99ers Scream Hard Recovery for The Jobless

Scanning the news headlines, the hits seem to just keep on coming on the jobs front. The nationwide unemployment rate increase to 9.2% from 9.1% over the month. The unemployment rate also increased in 28 out of 50 states in …

Posted in Economy, Main Post | Tagged , , , , | Comments Off

Crude prices rise as Yemen conflict continues and US dollar weakens

Brent Crude oil futures rose slightly on thursday as the Dollar weakened and unrest in Yemen seemed to outweigh concerns over weak economic growth and a slowdown in demand.

Thursday saw the third day of fighting in Yemen between government …

Posted in Commodities, Economy, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Labor and Commerce department reports show slowdown in US first quarter

The Labor Department and Commerce Department both released reports on thursday showing more weak U.S. economic data

The Labor Department reported that first-time U.S. jobless claims had unexpectedly rose during the latest week. The number of people who filed for …

Posted in Economy | Tagged , , , , , , , , , , , , | Comments Off

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 …

Posted in Forex, Main Post | Tagged , , , , , , , , , , , | Comments Off