Dow Jones Industrial Average

March jobs report disappointing, fewest adds in nine months

March jobs report disappointing, fewest adds in nine months

U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring. The slowdown may signal that the economy is heading into a weak spring. The Labor Department said Friday that the unemployment rate dipped to 7.6 percent, the lowest in four years, from […]

Crisis-weary Americans tune out budget debate

Crisis-weary Americans tune out budget debate

President Barack Obama is pulling out all the stops to warn just what could happen if automatic budget cuts kick in. Americans are reacting with a collective yawn. They know the shtick: Obama raises the alarm, Democrats and Republicans accuse each other of holding a deal hostage, there’s a lot of yelling on cable news, […]

There’s a party going on…but will it be a boom or a bust

There’s a party going on…but will it be a boom or a bust

A bout of profit taking seems likely early next year after the S&P 500 ended its best December in almost two decades, but stocks may have further to run at the start of 2011. Technical indicators are pointing to a strained market, though recently stocks have been maintaining the momentum of late 2010. The potential […]

Can Obama restore consumer confidence in economy?

Can Obama restore consumer confidence in economy?

A day after consumer concerns about the economy sent stocks sliding, President Barack Obama is trying to assure the American people that the economic recovery is headed in the right direction. Obama is visiting Wisconsin on Wednesday to speak about the economy in Racine before taking questions in a town hall meeting. The president is […]

Democrats block GOP effort to kill consumer protections

Democrats block GOP effort to kill consumer protections

The Senate on Thursday rejected a Republican attempt to defang consumer protections in a sweeping Wall Street reform bill, while voting to give small banks a break on deposit insurance. Despite procedural delays, lawmakers covered some ground on a top priority of the Obama administration that would be the biggest overhaul of the financial rulebook […]