Marketplace®

Daily business news and economic stories
  • The Bureau of Labor Statistics announced that the U.S. created 120,000 new jobs in the month of November, while the national unemployment rate fell to a surprising 8.6 percent.

  • An unexpected budget surplus sees Minnesota in the black…at least for now.

  • Automakers reported big November numbers, and the Jeep Wrangler's starring role in a popular video game may have helped spur the rally.

  • The most recent monthly report measuring factory ordering shows better-than-expected numbers for the manufacturing sector.

  • Six central banks, led by the U.S. Federal Reserve, have announced a plan to inject dollars into the life support system keeping European banks alive. The move was meant to restore confidence in the global financial system.

  • The monthly consumer confidence number came out today and it was up — way up — from last month. On a scale of 100, the November number was 56, compared with October's 41. That's the biggest one-month jump since 2003.

  • The markets hit a November high, with the key indexes up between 2 and 3 percent all day. Driven by news that the European Union may have a new plan to contain its debt crisis and record holiday retail sales over the weekend, investors came out of their tryptophan haze, saying "Buy!"

  • Black Friday is usually a good day for the markets. It's a short trading day and there's generally lots of excitement about the start of the holiday shopping season. Today, not so much.

  • It’s been a year of historic volatility in the financial markets. We explore the short- and long-term reasons behind the volatility.

  • If there was any schadenfreude among Germans about the financial plight of their profligate southern neighbors, today's bond market embarrassment might be Germany's wake-up call.