WASHINGTON - U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.
- Wall St. gains modestly after payrolls; Ukraine eyed
- Stock funds worldwide attract $7.5 billion inflow: BofA
- U.S. trade deficit steady in January as exports bounce back
- Exclusive-Vodafone reaches preliminary deal to buy Spain's Ono: sources
- U.S. SEC probes alleged fraud at fast trader Infinium: SEC letter
Recent Business News
NEW YORK - U.S. stock and crude futures jumped and the dollar strengthened on Friday after a report on U.S. employment showed jobs growth was greater than expected last month, easing fears a recent soft patch in the economy was due to more than a harsh winter. | Video
NEW YORK/MEXICO CITY - The company at the center of an alleged fraud that forced Citigroup Inc to cut its 2013 profit won billions of dollars in contracts from Mexico's state oil monopoly over the past decade, even after Mexican officials and private lawsuits raised red flags about the contractor's activities.
AMMAN - The Middle East's driest winter in several decades could pose a threat to global food prices, with local crops depleted and farmers' livelihoods blighted, U.N. experts and climatologists say.
MILAN - A Milan appeals court has acquitted four international banks, including JPMorgan and UBS, found guilty in an earlier trial of mis-selling derivatives to the city of Milan.
The FT's Michael Mackenzie reports that the amount of money borrowed on margin to buy stocks on the NYSE hit a new, nominal high of $451 billion. That's up 20% over last year, Mackenzie reports.
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves
- Is the US labor market doing better than we think?
- US sees moderate manufacturing growth in January