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Wednesday, April 7, 2010 as of 11:14 AM ET

Labor Department

Labor Department Act

The Labor Department Art, also called the Borah Act, was sponsored by Sen. William E. Borah (R) of Idaho.

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Stocks Head Lower as Weak Data Weigh

FOX Business: The Power to ProsperThe markets took a turn to the downside in cautious trade as a round of glum economic data from around the world weighed on traders' confidence.

Today's MarketsAs of 2:45 p.m. ET, the Dow Jones Industrial Average fell 46.3 points, or 0.37%, to 12451, the S&P 500 dipped 6.2 points, or 0.47%, to 1313 and the Nasdaq Composite slumped 29.2 point, or 1%, to 2820. Market participants had a slew of economic data to digest on the day. The Commerce Department reported orders for long-lasting goods climbed 0.2% last month, weaker than the 0.5% increase economists expected. Excluding the transportation segment, orders were down 0.6%. Economists had been expecting a rise of 0.9%.The data provide valuable insight into the strength of the manufacturing sector at the start of the second quarter, and therefore often move the markets. Separately, the Labor Department said the number of individuals applying for first-time jobless benefits fell to 370,000 from an upwardly...

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  1. Wall Street Sinks on EU Jitters, Weak Data

    FOX Business: The Power to ProsperEconomically-sensitive sectors sustained heavy selling pressure Thursday as worries mounted about the slowing U.S. economic recover...

  2. Stocks Walloped by EU, Economic Fears

    FOX Business: The Power to ProsperEconomically-sensitive stocks were pounded on Thursday as worries mounted about the sputtering U.S. economic recovery and the deepe...

  3. Weekly Jobless Claims Remain Unchanged

    New claims for unemployment benefits were unchanged last week, according to government data on Thursday that will do little to ease concerns about a recent slowdown ...

  4. Stock Futures Drift Higher; Manufacturing Data on Tap

    FOX Business: The Power to ProsperStock-index futures headed into the green on Thursday, a reprieve from four-straight days of losses, as traders kept a close eye on...

  5. U.S. Jobless Claims Unchanged At 370,000

    The number of Americans who filed requests for jobless benefits was unchanged last week at 370,000, the U.S. Labor Department said Thursday. Claims from two weeks ag...

  6. Coming Up: Weekly U.S. Jobless Claims

    The Labor Department will issue weekly jobless claims at 8:30 a.m. Eastern. Economists surveyed by MarketWatch forecast that new applications for unemployment benefi...

  7. Greek Woes Pressure Stocks in Choppy Session

    FOX Business: The Power to ProsperAfter spending the day shifting between gains and losses, Wall Street finally ended in the red as traders failed to overcome jitter...

  8. Euro Slides to Four-Month Low

    The euro dropped to a new four-month low against the dollar on Tuesday after Greece failed to form a government and said it would hold new elections, raising risks i...

  9. Choppy Trading: Dow Turns Red

    FOX Business: The Power to ProsperThe Dow turned negative once again in choppy trading as market participants grappled with the collapse of government talks in Greec...

  10. Consumer Prices Steady in April

    U.S. consumer prices were flat in April as households paid less for gasoline and natural gas, possibly giving the U.S. Federal Reserve more room to help economic gro...

  11. Gasoline Keeps Consumer Prices Flat In April

    Consumer prices weren't changed in April as a drop in the cost of gasoline offset rising food, apparel and car prices, according to data released Tuesday. The Labor ...

  12. Stock Futures Fall After Greek Talks Stall

    FOX Business: The Power to ProsperU.S. stock-index futures shed gains and fell into the red on reports that talks to form a new government in Greece have reached an ...

  1. Dow Shakes Off Losses

    FOX Business: The Power to ProsperThe blue chips managed to shed mid-day losses, ending modestly to the upside, but many traders remained on the sidelines with volum...

  2. Weekly Jobless Claims Fall Slightly

    New U.S. claims for unemployment benefits fell slightly last week, government data on Thursday showed, suggesting the labor market continues to expand at a moderate ...

  3. Stock Futures Trim Gains on Goods Data

    FOX Business: The Power to ProsperU.S. stock index futures pulled back somewhat after an important report on the manufacturing sector came in weaker than economists ...

  4. Video Shows S.C. Union Leader Bashing Pinata of Gov. Haley

    South Carolina AFL-CIO Officer Brett Bursey on criticisms of a S.C. union leader hitting a piñata of the state’s Governor.

  5. A Woman's World

    According to the latest statistics from the Labor Department and the Institute for Women's Policy Research, job growth was stronger for women in March. That month, w...

  6. Leaving a Job? What to Do With Your 401(k)

    Leaving a job can be a big transition, and, as you pack your belongings and prepare for new opportunities, there's a valuable asset you can't leave behind: your 401(...

  7. Over 55 and Jobless, Americans Face Tough Hunt

    Jean Coyle, 67, has a new kind of ministry.The former professor had just begun a career as a Presbyterian minister in Virginia when the economic downturn forced her ...

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