The US Department of Labor reported Friday that the US economy added 88,000 new jobs in March, the smallest gain in nine months and following a 268,000 jump in February. Nonetheless, the jobless rate fell to 7.6 percent, down 0.1 percent ...
Tags: economy
Though IT trailed other sectors as market indices rose to milestone highs this quarter, some bright spots in earnings and market research reports this week indicate continuing confidence that things will go better for tech this year than in ...
Tags: IT, software, Computer Products
On April 2, Eurostat, the Statistical Office of the European Communities, reported that in February this year the seasonally adjusted unemployment rate in the European Union member states (EU-27) was 10.9 percent, up from 10.8 percent in ...
Tags: Metallurgy, Mineral, Energy
US stocks started the second quarter down, pressured by disappointing manufacturing data, after the Dow industrials and S&P500 capped off the first quarter with records. The Dow Jones Industrial Average declined 5.69 points, or less than ...
Tags: US Stocks, Stocks, stock index
The employment and social situation in the EU remained critical in the fourth quarter of 2012 with employment receding overall and unemployment rising further, while households' financial situation remained serious according to the European ...
Tags: EU-27, Employment, Social Situation
A STEADY-AS-SHE-GOES statement from the US central bank and easing fears about Cyprus has had little impact on the Australian dollar. At 7am AEDT, the local unit was trading $US1.0379, level with where it ended the local session ...
February retail sales exceeded expectations, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that February retail sales at $421.4 billion were up 1.1 ...
Tags: retail sales, sales, promising signs
The Australian dollar rose to a five-week high yesterday after data showed the nation recorded its strongest monthly employment growth in almost 12 years last month, diminishing the chance of further immediate interest rate cuts that might ...
Tags: Australian dollar, dollar, Financial
An afterglow effect from Australia's stellar jobs numbers helped support the dollar in quiet trade today, although traders cautioned that further significant gains for the currency are unlikely in the near term. "Today the Australian ...
The dollar rose to a five-week high after data showed the country recorded its strongest monthly employment growth in close to 12 years in February, diminishing the chance of more immediate rate cuts that might push the currency lower. At ...
The Australian dollar was slightly lower ahead of the release of important domestic employment data. At 6.30am AEDT the currency was trading at 103.09 US cents, down from 103.14 cents at yesterday’s local close. The currency ...
U.S. Labor Department data released on March 8, US February non-agricultural unemployment rate has dropped to the lowest since December 2008. It indicates that the U.S. economy is recovering powerfully. The data showed that the U.S. ...
Tags: US, unemployment rat, economic recovery
The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting worries that China's demand for Australian exports would weaken. At 4.47pm AEDT, the Aussie fetched $US1.0224 compared with ...
Tags: Aussie, US, Australian dollar
The Australian dollar weakened after better-than-expected US jobs data boosted the greenback against most major currencies. At 6.30am AEDT the currency was trading at 102.09 US cents, down from 102.43 cents at Friday’s local close. ...
Tags: Australian Dollar, US Jobs Data