Payrolls Jump Casts Doubt on Fed

The U.S. jobless rate unexpectedly fell in January to the lowest in three years as payrolls climbed more than forecast, casting doubt on the Federal […]

Home Prices in 20 U.S. Cities Probably Fell at a Slower Rate - Bloomberg

Home prices in 20 U.S. cities probably fell at a slower pace in the year to November, pointing to limited improvement in the residential real […]

Jobless Claims in U.S. Rise, Displaying Seasonal Volatility - Bloomberg

Claims for U.S. jobless benefits rose last week, displaying the usual volatility around holidays that has masked an improvement in the labor market.
Applications (INJCJC) […]

Orban

Hungarian Premier Viktor Orban pledging to yield in a row with the European Union helped the central bank leave the European Union

Draghi Says Crisis Strategy Is Working as ECB Fights Threat From Turmoil - Bloomberg

European Central Bank President Mario Draghi says his strategy for battling Europe

Philippines Sees Speedier Offerings of Public Projects After Goals Missed - Bloomberg

The Philippines pledged to speed up a proposed offering of infrastructure projects to investors as President Benigno Aquino seeks investments to shield the economy from […]

Rail-Freight Surge Before Holiday Shows U.S. Skirting Recession - Bloomberg

North American railroads

Hundreds of immigration law foes rally in Alabama

Hundreds of advocates for immigrants who gathered outside Alabama’s state Capitol are calling for the repeal of a controversial law that they say harkens back […]

Stocks close higher as Europe nears budget pact

A deal to forge stronger ties between most of Europe’s economies sent stocks sharply higher Friday as hopes grew that the region is close to […]

Reid says House payroll tax cut dead in Senate

Senate Majority Leader Harry Reid says his chamber won’t approve a House Republican bill extending the payroll tax cut that also clears the way for […]