Private employers added fewer workers to payrolls in June than forecast, reinforcing concerns the recovery will weaken as Americans curtail spending.
Declines in the average workweek and hourly earnings make it more likely consumers will pull back, hurting sales at retailers including Best Buy Co. The report caps a month of data that points to weakness [...]
Posts Tagged ‘global market’
U.S. Economy: Private Payroll Growth Trails Forecasts
July 3rd, 2010 by Financial Writer
Tags: commerce department, consumers, debt crisis, economic recovery, economists, european economy, global market, home inventory, us economy
more...Oil rises above $70, pessimism lingers
May 24th, 2010 by Financial Writer
U.S. crude rose above $70 a barrel on Monday, recouping some of last week’s losses, but analysts said sentiment remained fragile and prices could again be hit by macroeconomic pessimism.
The euro fell broadly on Monday, pulling back from gains last week, after the Spanish central bank’s takeover of a savings bank added to jitters about [...]
Tags: consumers, debt crisis, economy, euro zone, financial, global market, stock market, us economy, wall street
Sony optimistic on 3-D TVs, in-house display
November 26th, 2009 by Financial Writer
A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, a senior executive said Thursday.
But Sony Executive Deputy President Hiroshi Yoshioka acknowledged that what Sony may really need for its money-losing TV business is its own display technology and the [...]
Tags: global market, money losing, sony business, tv business