Department of Labor

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  Dow reaches 15,000 as jobs growth exceeds economist forecasts

  By Inyoung Hwang and Lu Wang, Bloomberg  |  May 3, 2013

  U.S. stocks rose, sending the Dow Jones Industrial Average above 15,000 for the first time, as employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low.

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  U.S. 30-year yields rise most in 7 months as jobs top forecast

  By Daniel Kruger, Bloomberg  |  May 3, 2013

  Treasuries fell, boosting the 30-year bond yields by the most in seven months, after a report showed U.S. employers added more jobs in April than forecast, boosting the outlook for economic growth and trimming demand for refuge.

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  Factory orders in U.S. decreased more than forecast in March

  By Lorraine Woellert, Bloomberg  |  May 3, 2013

  Orders placed with U.S. factories fell more than forecast in March as a cooling economy slowed demand for metals, mining equipment and military goods.

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  U.S. stocks rise as ECB cuts interest rate, jobless claims fall

  By Lu Wang and Inyoung Hwang, Bloomberg  |  May 2, 2013

  U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a record high, as the European Central Bank cut its key interest rate and American jobless claims unexpectedly fell.

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  Crude gains most in six months on jobless data as ECB cuts rate

  By Moming Zhou, Bloomberg  |  May 2, 2013

  West Texas Intermediate crude gained the most in almost six months as the number of Americans filing applications for unemployment benefits slipped and the European Central Bank reduced interest rates to a record low.

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  Markets focus on job creations while overlooking job losses

  By John Caiazzo  |  May 2, 2013

  You cannot be happy about creating 150,000 (quality doubtful) jobs in a month while “losing” 350,000 weekly or 1.2 million during the same period.

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  Fed maintains QE pace, prepared to alter as economy evolves

  By Joshua Zumbrun and Jeff Kearns, Bloomberg  |  May 2, 2013

  The Federal Reserve said it will keep buying bonds at a monthly pace of $85 billion while standing ready to raise or lower purchases as economic conditions evolve.

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  ADP says U.S. companies employed fewer workers than forecast

  By Alex Kowalski, Bloomberg  |  May 1, 2013

  Companies added fewer workers than forecast in April, an indication the labor market has cooled along with the rest of the U.S. economy.

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  Treasury 10-year yield at almost 2013 low as U.S. spending slows

  By Daniel Kruger and Susanne Walker, Bloomberg  |  April 29, 2013

  Treasury 10-year-note yields traded at almost the lowest this year as U.S. personal spending slowed last month, signaling reduced economic growth and underpinning demand for the securities.

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  Global markets driving skepticism, exuberance

  By John L. Caiazzo  |  April 28, 2013

  A level of skepticism pervades the global marketplace as economic and geopolitical events are largely set aside in favor of "irrational exuberance."