Jobs report tempers mortgage rates

The negative revisions to the jobs numbers leaves enough doubt about that for interest rates to catch their breath just a bit.

Oil rises slightly to near $85 in Asia amid hope for stimulus measures

SINGAPORE – Oil rose slightly to near US$85 a barrel Monday, clawing back some of a large drop from the previous session amid hope that weak U.S. economic growth may trigger new stimulus measures. The Labour Department on Friday said the U.S. economy a…

For a third straight year, job market is slumping

WASHINGTON — U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended.

Kaine: Strengthen economy through growth, talent and balance

Washington has a lot to learn from Virginia. During the past 50 years, Virginia has pursued smart strategies that maintained an environment where businesses can create jobs.

NZ consumer confidence down in March – ANZ survey

WELLINGTON, March 15 New Zealand consumer confidence fell in March, but there was a lift in the number of jobs being offered and manufacturing activity perked up, confirming the patchy nature of the local economy, according to a series of surveys on T…

Arlington transit, Fort Hood soldiers, Z Boaz golf course, Santorum on higher ed, taxes, Dewhurst ad, high-profile

Based on facts and figures cited in the paper, Ride2Work costs eight bucks a pop round-trip. (See: "Arlington's Ride2Work receives a boost in funding," Monday) Demand is higher than expected and will be higher still. It would be a lot smarter to create a citywide bus system, plus it would create a whole lot of permanent jobs.

Unemployment Drops to 8.3 Percent After Hiring Burst

WASHINGTON — In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years.

Debt crisis: live

Asian markets haven risen for a fourth day on strong French and Spanish bond sales yesterday, the lowest US jobs claims for almost four years and hopes Greece will agree a debt deal with its creditors.

Bond Traders Diverge From Bearish Economists on Treasuries

Economists, emboldened by gains in everything from U.S. manufacturing to consumer confidence and jobs, are advising clients to get out of Treasuries. Traders aren’t so eager to give them up.

Bernanke: Recovery close to faltering

The Fed chairman offer his grim assessment after the economy barely grew in the first half of the year and it created no net jobs in August. He reiterated his warning that lawmakers should not cut spending sharply while the economy is weak.