Jason Lange
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Economist Sachs seeks job heading World Bank
Mar 02, 2012 17:03 EST
WASHINGTON (Reuters) - American economist Jeffrey Sachs threw his name into the ring for the presidency of the World Bank on Friday in an unusual public campaign for the top global development job.
Analysis: U.S. factory jobs rebound seen destined to fizzle
Feb 26, 2012 15:14 EST
(Reuters) - U.S. manufacturers are hiring at the fastest pace in more than a decade to keep up with new orders but sweeping technological advances could cost thousands of factory workers their jobs in years to come.
Jobless claims drop to near 4-year low
Feb 14, 2012 10:40 EST
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week to a near four-year low, suggesting the labor market recovery was gaining steam.
Jobs, factory data strengthen growth outlook
Feb 14, 2012 10:40 EST
WASHINGTON (Reuters) - The number of Americans filing for new unemployment benefits unexpectedly fell to a near four-year low last week, suggesting the labor market recovery was quickening.
Consumer prices rise 0.2 percent in January
Feb 14, 2012 10:40 EST
WASHINGTON (Reuters) - Consumer prices rose the most in four months in January as the price of gasoline jumped, highlighting a growing concern that higher energy costs could slow the economic recovery.
January factory orders fall most in over a year
Feb 14, 2012 10:40 EST
WASHINGTON (Reuters) - New orders for factory goods dropped in January by the most in over a year and businesses cut orders for new capital goods, suggesting one of the drivers of the economic recovery faltered at the start of the year.
Service sector expands at fastest pace in year
Feb 14, 2012 10:40 EST
NEW YORK (Reuters) - The services sector expanded at its fastest pace in a year in February, but new orders for factory goods dropped in January, data showed on Monday.
Economists see Q4 jobless rate at 8.1 percent
Feb 10, 2012 10:04 EST
WASHINGTON (Reuters) - Economists see the unemployment rate falling much faster than previously expected this year, even though they slightly lowered their outlook for economic growth, a survey released on Friday showed.
U.S. jobless rate projected to fall sharply
Feb 10, 2012 10:04 EST
WASHINGTON (Reuters) - Economists in a survey see the unemployment rate falling much faster this year than previously expected, an improvement in the jobs market that could help President Obama's re-election chances.
New home sales fall in December
Jan 26, 2012 10:04 EST
WASHINGTON (Reuters) - New single-family home sales unexpectedly fell in December for the first time in four months and the median home price dropped, dampening some of the hopes the housing sector will boost the economy this year.
Durables orders up, job market still healing
Jan 26, 2012 08:33 EST
WASHINGTON (Reuters) - New orders for manufactured goods rose in December and a gauge of future business investment rebounded, while new claims for jobless benefits rose only moderately last week, suggesting the labor market was still healing.
Obama aims to use war savings on infrastructure
Jan 24, 2012 21:21 EST
WASHINGTON (Reuters) - President Barack Obama proposed plowing half the money America will save from the end of its wars in Iraq and Afghanistan into high-speed rail lines and repairs to the nation's creaking roads and infrastructure.
Housing starts drop more than expected in December
Jan 19, 2012 08:36 EST
WASHINGTON (Reuters) - Housing starts fell in December as groundbreaking on rental property posted a big decline, splashing some cold water on hopes the still-weak housing sector could boost economic growth this year.
November trade gap widens, biggest since June
Jan 13, 2012 08:33 EST
WASHINGTON (Reuters) - The trade deficit widened in November to its largest in five months, suggesting imports weighed on economic growth more heavily than expected during the fourth quarter.
Retail sales post weakest reading in 7 months
Jan 12, 2012 08:35 EST
WASHINGTON (Reuters) - Retail sales rose at the weakest pace in seven months in December as consumers pulled back late in the holiday shopping season, cutting purchases at department stores and spending less on electronic gadgets.
Consumer sentiment perks up while trade gap widens
Dec 23, 2011 00:02 EST
NEW YORK (Reuters) - U.S. consumer sentiment hit an eight-month high in early January as Americans grew more optimistic about job prospects, a survey released on Friday showed.
December producer prices fall 0.1 percent
Dec 23, 2011 00:02 EST
WASHINGTON (Reuters) - Producer prices fell in December as companies paid less for gasoline and vegetables, although higher prices for light motor trucks pushed a measure of underlying inflation higher.
Jobless claims near 4-year low, inflation muted
Dec 23, 2011 00:02 EST
WASHINGTON (Reuters) - The number of Americans filing for new jobless benefits dropped to a near four-year low last week, pointing to some building up of momentum in the labor market and the economy.
Economy improves but obstacles remain
Dec 23, 2011 00:02 EST
WASHINGTON (Reuters) - The number of Americans filing for new jobless benefits dropped to a near four-year low last week and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.
Economy improves but recovery hurdles persist
Dec 23, 2011 00:02 EST
WASHINGTON (Reuters) - The number of Americans filing for new jobless benefits dropped to an almost four-year low last week, and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.
