Private employers in the United States added in April the smallest monthly number of workers in more than a year. And, in another report, the Labor Department found that nonfarm productivity fell in the first quarter as harsh winter weather depressed output.
Mohamed El-Erian, chief economic advisor at Allianz Photograph by Patrick T. Fallon - Bloomberg via Getty Images. The Allianz chief economic adviser says that the market is expecting stronger economic growth than what we are going to see this year.
Rising interest rates spooked stocks far more than a warning from the Fed chair that the equities market is overvalued. Fed Chair Janet Yellen made the comment in a panel discussion with IMF Managing Director Christine Lagarde.
CHICAGO - The CEO of Cablevision said he wants deals with New York cable operators. Cablevision Systems Corp. is focused in the greater New York City area and has 3.1 million customers.
He had a disastrous tenure as J.C. Penney's CEO. Now, two years later, he's back with an e-commerce site that promises to teach you how to use new products.