US stocks moved higher on Friday after a surprisingly strong jobs report suggested the economic recovery was on track. The widely-anticipated monthly jobs report said the unemployment rate fell to...
- Sun
- May 26, 2013
- Updated: 7:46am
Trending topics
The number of Americans filing first-time claims for jobless benefits fell last week by 37,000 to 335,000, the lowest level in five years, pointing to further improvement in the labour market.
Most US stocks inched up yesterday after fresh data showed steady gains in jobs while the jobless rate stayed at a level that's unlikely to hasten the end of the Federal Reserve stimulus.
The budget deal struck by the White House and US Senate Republican leaders, if it becomes law, would probably slow the US economic recovery without stopping it.
Let's get one thing straight: America is not facing a fiscal crisis. It is, however, still very much experiencing a job crisis.
High-end manufacturing may be starting to shift back from China to the United States, but China will remain a major manufacturing base for the foreseeable future, say industry players.
The stuttering growth of the once almighty US economy, especially the sluggish creation of new jobs, is having a profoundly depressing impact worldwide, dragging querulous Europe and even high-...
US Federal Reserve chairman Ben Bernanke stepped up his warning Tuesday over the looming ‘fiscal cliff,’ saying its mandatory tax hikes and spending cuts pose a “substantial threat” to the country...
The final key economic report four days before the US presidential election held something for both candidates yesterday.
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!





















