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Where the jobs are now, and where they'll be next

Fri, 03 Sep 2010 15:07:10 EDT

U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.

August jobs report: Signs of life for employment

Fri, 03 Sep 2010 12:08:43 EDT

Business hiring is picking up, but not enough to make up for the massive losses of temporary government jobs.

Strongest jobs recovery in decades. Seriously

Fri, 03 Sep 2010 09:42:45 EDT

A jobless recovery? Hardly.

Mariner Energy shares fall after platform fire

Fri, 03 Sep 2010 10:24:20 EDT

Shares of Mariner Energy tumbled Thursday after a fire in one of the company's production platforms in the Gulf of Mexico.

How trader Dick morphed into banker CEO Dick Fuld

Thu, 02 Sep 2010 11:48:22 EDT

The rumors persisted of Lehman Brothers' being taken over again, and it was against such a background that Dick devised his pièce de résistance.

Dollar slips on return to risk

Fri, 03 Sep 2010 13:23:24 EDT

As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.

Kia recalling fire-prone cars

Fri, 03 Sep 2010 07:25:13 EDT

Hyundai-Kia Motors is recalling more than 35,000 cars with fire-prone electrical wiring systems, said the National Highway Traffic Safety Administration.

What went wrong at Burger King

Fri, 03 Sep 2010 12:17:02 EDT

It's not yet clear what Burger King's new owner, the Brazilian-backed private equity firm 3G Capital, has in mind for the troubled No. 2 fast-food chain. But a total strategic revamp is in order.

Stock futures pop after jobs report

Fri, 03 Sep 2010 09:02:39 EDT

Stocks futures jumped Friday after the August employment report showed that employers cut fewer jobs than economists were expecting and added more private-sector jobs than forecast.

From Detroit, a fix for smog-belching motorcycles

Fri, 03 Sep 2010 05:48:39 EDT

When Americans debate the impact of fuel emissions on the environment, they usually talk about cars and trucks. But what about smaller vehicles like motorcycles, scooters, lawnmowers and ATVs?

5 things you must know about homeowners insurance

Thu, 02 Sep 2010 15:14:43 EDT

1. Loyalty is overrated

Second act: From software to wind energy

Thu, 02 Sep 2010 12:06:08 EDT

Jim Maguire describes himself as being ahead of his time, and he's hardly bragging. In 2002, Maguire -- who managed software projects for large companies -- was consulting in Germany when he discovered "the next big thing."

The fading iPod Classic

Thu, 02 Sep 2010 14:41:32 EDT

The iPod helped Apple rise from the dead in the last decade. But the iPod Classic, the device that jump-started that resurrection, didn't get so much as a mention from Steve Jobs at Apple's iPod event on Wednesday.

I have $10,000 and four months. Where do I invest?

Fri, 03 Sep 2010 06:01:37 EDT

Question: I have a budget of $10,000 for a stock simulation I'm doing for a business and personal-finance class. What stocks should I invest in to make the most money in four months? -- Matt

Oil roars into September 'like a lion'

Thu, 02 Sep 2010 17:58:53 EDT

After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday, and continuing to move higher Thursday following news of an oil platform explosion in the Gulf of Mexico.

Dow back in the black for 2010

Fri, 03 Sep 2010 16:57:39 EDT

Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.

Should US government debt be rated junk?

Fri, 03 Sep 2010 09:01:47 EDT

A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.

Quit whining, Wall Street. Nothing has changed.

Thu, 02 Sep 2010 17:34:04 EDT

There goes Dan Loeb again, sounding off to great effect. He used to confine himself to criticizing overreaching and overcompensated CEOs, targets we could pretty much all agree on. But the prickly hedge fund manager decided to join the chorus of aggrieved financiers in his latest missive, setting his sights on today's bogeyman of choice: oppressive government.

Opel: The achilles heel in GM's IPO

Thu, 02 Sep 2010 11:45:22 EDT

As General Motors gets ready to take its show on the road in support of its initial public offering after Election Day, one of its biggest question marks is the future of Opel and its European division.

Obama's economy boost - just don't call it stimulus

Fri, 03 Sep 2010 17:54:37 EDT

President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus.