The jobless rate fell to a five-year low of 7 percent last month as payrolls swelled by 203,000 after a revised 200,000 increase in October, the Labor Department said today.
NEW YORK (TheStreet) -- Party like it's 2007 because Friday's November jobs report reintroduced the once-proud concept that market action doesn't have to depend on the Federal Reserve.
HEADY TOPPER-EM-30-C5. Stacks of Heady Topper cans are ready for the canning line at the Alchemist Cannery in Waterbury on Monday Jan. 30, 2012.
Baidu Inc, which is the largest search engine in China, stopped its acceptance of Bitcoins after the central bank in China barred its financial institutions from handling Bitcoin transactions, which triggered a drop in the value of the virtual currency.
NEW YORK (Reuters) - Global equity markets surged and the dollar rose against the yen on Friday after stronger-than-expected U.S. jobs data gave investors confidence the economy is strong enough to withstand an expected reduction in Federal Reserve ...