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Wednesday, February 15th, 2012

Posts Tagged ‘ Labor Department ’

Dollar Sinks

May 21st, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

 In the currency market, the dollar fought back from its session lows but still sank against the euro. Late Tuesday, the euro was trading at $1.5647 vs. $1.5507 on Monday.



Consumer Price Indexes May Lie

May 17th, 2008 | By Bill Bonner | Category: Politics & Economics

People are starting to question the readings of consumer price indices.



Dollar Makes Small Gains

May 16th, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

In the currency market, the dollar erased early losses and firmed against the euro for the second straight day. Late Thursday, the euro was trading at $1.5432 vs. $1.5459 on Wednesday.



Dollar Firms as CPI is ‘Benign’

May 15th, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

In the currency market, the dollar firmed a bit more against the euro. Late Wednesday, the euro was trading at $1.5459 vs. $1.5482 on Tuesday.



Consumer Prices Moderate in April but Soaring Food Prices Steal the Show

May 14th, 2008 | By Jason Simpkins | Category: Politics & Economics

U.S. consumer prices rose less than forecast in the month of April, assuaging some inflation fears, but food prices experienced their biggest jump in 18 years.



Global Investing Roundups: Friday, May 9th, 2008

May 9th, 2008 | By William Patalon III | Category: International Investing

MySpace Expands Deeper into Cyberspace; News Corp. Posts $2.7 Billion Profit; Gasoline and Crude Hit New Records; Weekly Unemployment Applications Decline; Latin America Attracts $106 Billion in 2007; ECB and BOE on Pause; New Alcoa CEO; Barr Comes Up Short.



Dollar Stays Strong

May 5th, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

In the currency market, the dollar continued to move higher against the euro. Late Friday, the euro was trading at $1.5424 vs. $1.5457 on Thursday.



Global Investing Roundups

Apr 11th, 2008 | By William Patalon III | Category: International Investing

Takeda Acquires Millennium for $8.8 Billion; Gas Prices Driven to Another Record High; Jobless Claims Drop; Car Sales in India Up Again; China’s Trade Deficit Narrows; 100,000 Angry Airline Passengers; Favorable Amgen Ruling; BJ’s Wholesale Club Gains on Sales Increase.



Breaking: 80,000 Jobs Slashed in March

Apr 4th, 2008 | By Contrarian Profits | Category: Financial News, Politics & Economics

US employers slashed 80,000 jobs in March — the biggest monthly job decline in five years.

From Reuters:

The Labor Department revised the first two months of the year’s job losses to a total of 152,000 from a previous estimate of 85,000. The March unemployment rate jumped to 5.1 percent from 4.8 percent, the highest since a matching rate in September 2005.

The March job report was bleaker than expected. Economists polled ahead of the report forecast a decline of 60,000 in non-farm payrolls and a rise in the unemployment rate to 5 percent.