News

Accounting and finance salaries in the US are projected to grow 2.4% in 2016, according to a salary guide published this week, up from the 1.2% increase forecast for 2015. A separate guide published last week projected accelerating increases in […]

The US labor market remains fairly strong and inflation is low, according to the latest data the Federal Reserve will weigh before deciding whether to raise interest rates this month. Jobless benefit claims remained below the key 300,000 mark last […]

The Standard & Poor’s 500 index posted its second-biggest advance of the year Tuesday, as US stocks surged after solid gains in Shanghai and Hong Kong. China’s gains signaled to traders that equity markets are stabilizing.

President Obama has issued an executive order requiring companies that contract with the federal government to provide their workers with paid sick leave. Employees of these companies will be able to accrue as many as seven days of paid sick […]

US manufacturing activity in August fell to its lowest point in more than two years, but another indicator was more optimistic. The Institute for Supply Management’s national factory activity gauge registered 51.1, barely above the break-even point due to lagging […]

Federal Reserve Vice Chairman Stanley Fischer told participants at the Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyo., that inflation likely will rise to the central bank’s annual target of 2%. “Given the apparent stability […]

A rally that swept through Wall Street drove the Dow Jones industrial average, the Standard & Poor’s 500 index and the Nasdaq up more than 2% Thursday, handing equity investors their largest two-day gain since 2009. Traders got back their […]

Share prices on Wall Street posted the biggest single-day advance in nearly four years Wednesday. The Nasdaq spiked 4.2%, the Dow Jones industrial average shot up almost 4% and the broader Standard & Poor’s 500 index gained 3.9%.

Central bankers are loath to acknowledge mistakes, but all 15 of the central banks in the Organization for Economic Cooperation and Development that have raised rates since 2008 have backtracked. Also, the recent volatility in the equity markets could persuade […]