Economic Outlook
SACRAMENTO, Calif. - Even as California lawmakers passed a budget Friday to end an unprecedented 100-day impasse, their spending plan looked to be so tenuous that the next governor was expected to face a multibillion dollar deficit from the moment he or she steps into office next year.
NEW YORK - The Dow Jones industrial average closed above 11,000 for the first time in five months Friday as hopes built that the Federal Reserve will take more action to get the economy going again.
NEW YORK - Stocks rose Friday after another weak report on unemployment added to expectations that the Federal Reserve will step in to prop up the economy.
NEW YORK - Stocks rose Friday after another weak report on unemployment added to expectations that the Federal Reserve will step in to prop up the economy.
NEW YORK - Stocks wavered Friday after another weak report on unemployment added to expectations that the Federal Reserve will step in to prop up the economy.
More News
- Economy loses 95K jobs due to government layoffs
- Economy likely creating some jobs, but not enough
- Unemployment claims drop, while job openings rise
- Strength in emerging economies raises trade fears
- Dollar tumbles broadly as Fed moves expected
- Fed easing hopes sustain stocks but hits dollar
- IMF sees global economy gaining, US growth slowing
- Retail data: September sales edge up
- Oil-rich Norway to tighten spending
- Service sector growth accelerates in September
- Mutual funds are back in the black for 2010
- Fed's Dudley says more economic aid likely
- Midwest economic survey shows some improvement
- Stock futures rise following overseas gains
- Oil rises to near $81 on US economy, demand signs
- Oil rises above $80 on US economy, demand signs
- World markets mixed amid US jobs data, debt news
- Stocks set to end September surge with more gains
- Stock futures climb on drop in unemployment claims
- Economy loses speed in spring; more weakness ahead
- Jobless benefit applications drop to 453K
- Stock futures slip on last day of quarter
- Stock futures little changed to end quarter
- Oil hovers below $78 after US crude supply drop
- Budget analysts: Arizona midyear shortfall growing
- Stocks inch higher before confidence report
- Stock futures inch higher before confidence report
- Job optimism boosts German consumer confidence
- ADB raises Asia growth forecast to 8.2 percent
- Stocks jump as the news improves on manufacturing
- Stock futures rise as traders await fresh data
- Stock futures climb after manufacturing report
- Home sales on pace to finish year as bad as 2009
- Stocks set to slide as unemployment claims rise
- Number of fat people in US to grow, report says
