A Ford worker installs a door on an F-150 pickup truck at a plant in Dearborn, Michigan. (Photo by Bill Pugliano/Getty Images)
Two Federal Reserve economists said Monday that Americans unemployed for 27 weeks or more have had better luck landing lasting jobs in recent months, aligning them more closely with those who have been out of work for shorter durations. Fed Chair Janet Yellen has stressed that the long-term unemployed will eventually find jobs and boost overall wage growth as long as the Fed keeps in place its stimulative monetary policies. [Full Story]
Related Stories
El-Erian: Don't Shrug Off Global Military Turmoil
Investors are a bit too blase in shrugging off the military turmoil in Ukraine and the Mideast, says former Pimco CEO Mohamed El-Erian.... [Full Story]
There are many reasons to be optimistic about the recent drop in long-term [Full Story]
Apple, once a can't-miss stock, is finding it tough to persuadeportfolio [Full Story]
The Federal Reserve's low interest-rate policy has hurt retirees dependent [Full Story]
Millennials certainly can't be blamed for rushing into marriage. The number [Full Story]
U.K. prosecutors are preparing to open a criminal investigation into [Full Story]
Monday marked the fourth anniversary of the Dodd-Frank financial reform [Full Story]
Fed Chair Janet Yellen was right and stocks are overvalued, but that [Full Story]
Companies Report Rising Sales, Employment
Rising sales helped boost hiring and wages at U.S. businesses in the second [Full Story]
There are many reasons to be optimistic about the recent drop in long-term unemployment, Federal Reserve economists said in a paper published on Monday, the latest evidence helping to put to rest a debate that gripped the central bank earlier in the year. [Full Story]
Netflix's second-quarter earnings more than doubled as new episodes from one of its hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time. [Full Story]
The U.S. government may place further sanctions on Russia after the shoot-down of a Malaysia Airlines jetliner by Ukrainian rebels with a missile the United States thinks was provided by the Russian government, and financial expert Kim Iskyan says more sanctions could have a global impact. [Full Story] |
Apple, once a can't-miss stock, is finding it tough to persuadeportfolio managers to come back into the fold. [Full Story]
The Federal Reserve's low interest-rate policy has hurt retirees dependent on interest income, but the same policy has helped boost stocks to record highs, creating wealth for retirees and retirees-to-be who have stock portfolios. [Full Story]

Market Watch
Company Name or Symbol: 

Click Here for Pre-Market Data
Email:
Retype Email:
Country
Zip Code:
 
Insiders
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus



Around the Web
Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved