More Americans than forecast filed first-time jobless claims last week and consumer confidence fell, highlighting Federal Reserve Chairman Ben S. Bernanke’s concern that the slowdown in the economy may persist.
BusinessWeek.com — Finance
U.S. stocks slumped, threatening the 2011 gain for the Standard & Poor’s 500 Index, as concern grew that Europe’s debt crisis will hurt banks and an increase in jobless claims added to signs the economy is slowing.
BusinessWeek.com — Finance
More Americans than forecast filed first-time claims for unemployment insurance payments last week, showing companies are less confident about the expansion than they were earlier this year.
BusinessWeek.com — Finance
The conviction of ex-Primary Global Research LLC consultant Winifred Jiau was the third trial win for the U.S. government in its crackdown on insider trading tied to hedge funds.
BusinessWeek.com — Finance
More Americans than forecast filled applications for unemployment benefits last week, signaling the labor market is struggling to pick up.
BusinessWeek.com — Finance
Bank of America Corp. and Morgan Stanley units will pay $ 22.4 million to resolve U.S. allegations that they improperly foreclosed on active-duty soldiers, including some who suffered severe injuries, without first obtaining court orders.
BusinessWeek.com — Finance
U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for a second straight day, as a government report showing a bigger-than-forecast drop in jobless claims bolstered optimism about the economic recovery.
BusinessWeek.com — Finance
U.K. unemployment claims rose in April at the fastest pace since January 2010, underlining the fragility of the economic recovery as government spending cuts and accelerating inflation sap consumer confidence.
BusinessWeek.com — Finance
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