Jeffrey Rosen

US jobless rate up in blow to Obama re-election

The United States added a scant 69,000 jobs in May and the unemployment rate rose for the first time in almost a year, the government said Friday in a report spelling more trouble for President Barack Obama's reelection.
 

Grim US jobs report raises growth fears

The United States added a scant 69,000 jobs in May and the unemployment rate rose for the first time in almost a year, the government said Friday in a report spelling more trouble for President Barack Obama's reelection.
 

US stocks surge helped by economic data

US stocks jumped Thursday as traders grew bullish on fresh economic indicators in the United States, Asia and Europe.
 

US stocks mixed in rocky week

US stocks took a roller-coaster ride in the week to Friday as Wall Street marked three years since hitting bottom in the middle of the Great Recession.
 

US manufacturing growth slowed in Feb: ISM

Manufacturing activity in the United States continued to expand in February, but at a slower pace from January, the Institute of Supply Management's monthly survey showed Thursday.
 

Solid US data sparks stocks rally

US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008.
 

California unveils cyber crime unit

California has a new eCrime Unit devoted to catching and prosecuting Internet Age crooks.
 

US unemployment tumbles to 8.6%, lifting hopes

The troubled US economy and President Barack Obama's embattled administration received a substantial confidence boost on Friday, as unemployment sank to a 32-month low of 8.6 percent in November.
 

Recession threat rising in US: economists

The threat of a new recession is rising in the United States, economists say, as they slash their growth forecasts for the second half of the year.
 

US exports skid, widening US trade gap

US exports fell for the second straight month in June despite a weaker dollar, as soft foreign markets undermined a key driver of the economic recovery, government data showed Thursday.
 

New US jobs surprise with 117,000 surge in July

The US economy added a higher-than-expected 117,000 jobs in July, slightly reducing the unemployment rate in a rare bit of good news for the struggling economy, the Labor Department said Friday.
 

US economy looking weak in 2nd half: economists

The US economy is looking to a torpid second half this year after data showed US consumers have zipped up their wallets and the government moved to cut more spending, economists said Tuesday.
 

US unemployment rises on stagnant job creation

US unemployment climbed to 9.2 percent as job creation stalled in June, official figures showed, posing new challenges to the Obama administration's efforts to rev up economic growth.
 

Weak US jobs data sets challenge for White House

President Barack Obama faced a new challenge to his economic agenda after dismal statistics on job creation and an uptick in the unemployment rate sent US stocks plunging.
 

High unemployment in Fed cross-hairs

All eyes will be on the October labor market report Friday, expected to show weaker growth in private payrolls and an unemployment rate stuck at a painful 9.6 percent for the third consecutive month.
 

US suffers widest trade gap in 20 months

The US trade deficit widened sharply in June to the highest level in 20 months on increased imports from China, triggering fresh fears of a slowdown in the world's largest economy.
 

US suffers widest trade gap in 20 months

The US trade deficit widened sharply in June to the highest level in 20 months on waning exports and rising imports from China, triggering fresh growth fears in the world's largest economy.
 

Fearful Americans save more as recovery slows

Americans are saving more and spending less, putting a choker on the economic recovery, data showed Tuesday as the US government warned sky-high unemployment may yet worsen.
 

Fearful Americans save more as recovery slows

Americans are saving more and spending less, putting a choker on the economic recovery, data showed Tuesday, as the US government warned sky-high unemployment may yet worsen.
 

US Fed vows to act if jobs market flounders

Federal Reserve chairman Ben Bernanke on Thursday vowed he would intervene if US unemployment worsens, amid evidence of a jobless and tepid recovery.