Written by Shares on Wall Street surged Wednesday, following the direction of indexes in Asia and Europe, after a crucial manufacturing gauge in the United States unexpectedly rose in August and earlier indicators showed strong growth in China and Australia. READ MORE »
Posts tagged unemployment rate
Recessions and Recoveries Are Not All the Same
In the old days — before 1990 — American recessions tended to be fairly sharp. But the recoveries, when they came, were also rapid. Laid-off workers were recalled and consumers who had deferred purchases out of fear they might lose their jobs were willing again to buy cars and homes. READ MORE »
U.S. Stocks Open Lower on Concerns Over Europe
Stocks turned higher in the United States as new data on factory use and construction spending offset concern about the European economy. READ MORE »
Wall Street Surges After Upbeat Economic Reports
Shares on Wall Street surged Wednesday, following the direction of indexes in Asia and Europe, after a crucial manufacturing gauge in the United States unexpectedly rose in August and earlier indicators showed strong growth in China and Australia. READ MORE »
Ahead of the Bell: September Home Sales
Home sales may be coming back a bit, but they have a long way to go before they recover from the worst summer in more than a decade. READ MORE »