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Gold price down 1% after US jobs data; posts weekly gain

Last Updated: Saturday, March 08, 2014, 08:38

Gold prices fell as much as 1.5 percent to a session low of USD 1,329.35 an ounce, and was last trading down 1 percent at USD 1,337.19.

Oil hits one-month high on US cold, tight supply

Last Updated: Saturday, February 08, 2014, 10:44

US crude settled up USD 2.04 to USD 99.88 a barrel, its highest point since December 27.

US employment fails to rebound strongly from winter chill

Last Updated: Friday, February 07, 2014, 20:43

It was the weakest two months of job growth in three years.

ECB, U.S. data help buoy global stocks, euro

Last Updated: Friday, February 07, 2014, 01:09

The euro rose against the dollar on Thursday after the European Central Bank gave no sign of an imminent rate cut and better-than-expected U.S. unemployment data helped lift world stock markets.

US economy set for solid growth, shrinking deficit: CBO

Last Updated: Wednesday, February 05, 2014, 10:56

And state and local governments were expected to increase spending after several years of budget tightening, the CBO said.

US jobless claims jump

Last Updated: Thursday, January 30, 2014, 21:25

New claims, which indicate the pace of layoffs, rose to 348,000 in the week to January 25, up 19,000 from the previous week`s revised figure of 329,000.

With Yellen on deck, Fed's Bernanke to stick to low-rate vow

Last Updated: Wednesday, January 22, 2014, 13:51

Federal Reserve policymakers will likely leave intact their delicately worded easy-money message when they meet next week, despite a surprisingly sharp drop in US unemployment that threatens to make a central part of that message irrelevant.

Dollar drops after disappointing US jobs report

Last Updated: Saturday, January 11, 2014, 05:28

The dollar tumbled against other major currencies Friday, driven lower after a surprisingly weak US jobs report cast doubt on the vigor of the nation`s economic recovery.

US job growth falters as cold weather grips nation

Last Updated: Saturday, January 11, 2014, 01:59

U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.

US economy adds paltry 74,000 jobs in December

Last Updated: Friday, January 10, 2014, 21:56

The US economy added just 74,000 jobs in December, but the overall unemployment rate continued to fall, hitting 6.7 percent, the lowest since October 2008, the Labor Department said today.

US Senate advances unemployment benefits extension bill

Last Updated: Wednesday, January 08, 2014, 05:31

The US Senate on Tuesday voted to advance the unemployment benefits extension bill, clearing procedural hurdle for the legislation.

Unemployment benefits end in US for 1.3 mn jobless

Last Updated: Sunday, December 29, 2013, 22:29

For the more than 1.3 million people who have been jobless in the US for over six months, the holiday season came to a crashing halt Saturday with the cancellation of the federal government's unemployment insurance payments.