U.S. payrolls shed 54,000 jobs in August, but private businesses added 67,000 workers, and the nation's unemployment rate rose slightly to 9.6 percent for the month as half a million Americans resumed their search for work, the U.S. Department of Labor reported Friday.
Long-term mortgage rates fell again this week, with both 30- and 15-year mortgages remaining at the lowest levels since Freddie Mac began keeping track.
Most Charlotte-area stocks rose Thursday, with Lowes Cos. Inc. gaining 70 cents to close at $21.94. The Mooresville-based retailer (NYSE:LOW) posted a 3.3 percent gain on the day. The Dow Jones Industrials gained 51 points to close at 10,320. (LOW) (WFC) (BAC) (NUE) (GR) (PNY) (CATO) (SPW) (TRK) (FDO) (DUK) (LNCE)
Private employers added 67,000 jobs, more than forecast, but governments shed jobs in August, the Labor Department reported, as the jobless rate rose to 9.6 percent.
The Canadian gold miner said that it would buy its Australian rival for 3.4 billion dollars in cash and stock, beating an all-share offer from Eldorado Gold.
Prime Minister Vladimir V. Putin announced Thursday that Russia’s ban on grain exports would be extended well into next year because of continued uncertainty over production.
As Nicolas Sarkozy prepares to take over as president of the Group of 20 on Nov. 12, analysts say many of his proposals appear to be hamstrung from the start.
Britain's largest supermarket chain has moved into filmmaking, confident its customers will pay for adaptations of their favorite novels. Is this a new revenue stream for the flagging DVD market -- or just another product doomed to spoil on the shelves?
The broad stock market has gone nowhere in 2010, but the shares of apartment REITs are up more than 20%. What's fueling this mini-bull market? Oddly, the housing bust
Long synonymous with quality, Toyota is reeling from months of negative publicity related to the quality and safety of its cars. This could be one long fight to win back consumers' hearts
The shortage of primary-care doctors will soon be acute as debt-laden medical students continue to favor specialization over lower-paying family practice