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
The European Central Bank is still on track to raise interest rates in July as Greece’s worsening debt crisis clouds the economic outlook in the run-up to next week’s policy meeting, a Bloomberg survey showed.
BusinessWeek.com — Finance
European stocks climbed, with the benchmark Stoxx Europe 600 Index paring this week’s drop, as the Group of Eight said the global economy is strengthening.
BusinessWeek.com — Finance
European stocks climbed, with the benchmark Stoxx Europe 600 Index paring this week’s drop, before a U.S. report that may show consumer confidence increased. Asian shares advanced and U.S. index futures were little changed.
BusinessWeek.com — Finance
A congressional agreement to increase the U.S. debt limit and reduce federal spending may take until August, the Republican chairman of the U.S. House Budget Committee said.
BusinessWeek.com — Finance
Bank of England Chief Economist Spencer Dale said that officials should raise interest rates to bring inflation under control even if Britain’s economic recovery isn’t yet assured.
BusinessWeek.com — Finance
A new survey shows chief financial officers at 530 companies with annual sales of $ 50 million to $ 1 billion expect to increase their workforces in the next year
BusinessWeek.com — Small Business
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