Labor Department

Confidence Plunges, Inflation Rate Soars

AP | Posted 03.28.2008 | Business


NEW YORK — No good news today on the economic front. Consumer confidence plunged, the wholesale inflation rate soared, the number of homes being...

Housing Slump Fails To Stop Inflation

Bloomberg | Courtney Schlisserman, Bob Willis | Posted 03.28.2008 | Business


The two-year housing slump pushing the U.S. economy toward a recession hasn't alleviated inflation pressures, reports today showed. Consumer prices r...

Stocks Cap Strong Week With Gains

AP | TIM PARADIS | Posted 03.28.2008 | Business


NEW YORK — Wall Street capped a week of big gains with another sizable advance Friday after investors set aside anxiety over news that the econo...

Employment Drops in a Pink Slip Blizzard

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


WASHINGTON — In a shower of pink slips, U.S. employers cut jobs last month for the first time in more than four years, the starkest signal yet t...

Wall Street Declines After Weak Jobs Report

AP | Tim Paradis | Posted 03.28.2008 | Business


Wall Street plunged again Friday after the government's much-anticipated employment report showed weaker-than-expected job growth and a rise in the u...

Wall Street Closes Mixed On Inflation Jitters

AP | Tim Paradis | Posted 03.28.2008 | Business


Wall Street closed narrowly mixed Thursday as investors traded cautiously ahead of the Labor Department's Friday reading on December employment. Infla...

Stocks Rise After New Jobs Report

AP | Tim Paradis | Posted 03.28.2008 | Business


Stocks rose moderately Thursday after a report of an increase in new jobs during December eased some concerns about the economy a day before the Labor...

Consumer Inflation Surges By Largest Amount In Two Years

AP | MARTIN CRUTSINGER | Posted 03.28.2008 | Business


Consumer inflation surged by the largest amount in more than two years in November, led by gasoline prices. The cost of clothing, airline tickets and ...

Stocks Fall Amid Inflation Concerns

AP | Tim Paradis | Posted 03.28.2008 | Business


Stocks fell Friday after a jump in consumer inflation raised concerns about how much freedom the Federal Reserve has to continue cutting interest rate...

Bush Labor Dept. Accused Of Union Sabotage

Washington Post | Elizabeth Williamson | Posted 03.28.2008 | Politics


Political operatives in the Department of Labor are using federal reporting requirements to undermine trade unions and conduct a "political misinforma...

Stocks Sputter After November Job Report

AP | Joe Bel Bruno | Posted 03.28.2008 | Business


Wall Street paused from its big rally Friday, with the major indexes fluctuating after the government's November labor report showed tepid job growth ...

Labor Dept: Solid Job Gains, Wage Growth In November

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


Employers added a solid 94,000 jobs to their payrolls in November, the unemployment rate held steady at 4.7 percent and wages grew briskly, encouragin...