Posts Tagged Leading economic indicators

Buybacks are a big factor behind stock market boom

NEW YORK (AP) — It’s the narcissist rally.

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Stocks rise on hopeful signs for the US economy

In this Thursday, May 2, 2013, file photo, Trader Kevin Lodewick works on the floor of the New York Stock Exchange. World stock markets were mixed Friday May 17, 2013 as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country's economic outlook.  (AP Photo/Richard Drew)

NEW YORK (AP) — Encouraging news about the U.S. economy extended the stock market’s rally Friday.

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New Mexico jobless rate drops slightly in April

ALBUQUERQUE, N.M. (AP) — The Department of Workforce Solutions reports that New Mexico’s unemployment rate dropped last month and that job growth has improved.

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Obama focusing on job creation in Baltimore visit

President Barack Obama talks about jobs at Ellicott Dredges in Baltimore, Friday, May 17, 2013, during his second Middle Class Jobs and Opportunity Tour.  (AP Photo/Luis M. Alvarez)

BALTIMORE (AP) — President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. “Our work is not done, and our focus cannot drift,” Obama said.

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INFLUENCE GAME: Tech, labor spar on immigration

In this Jan. 15, 2013 file photo, Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif. The expansion of H-1b visas is considered the first major victory for Zuckerberg’s new non-profit lobbying organization, FWD.us, which receives financial backing from such big tech names as Bill Gates of Microsoft, Reid Hoffman of LinkedIn and Napster pioneer Sean Parker. In announcing the group, pronounced “forward us,” Zuckerberg in April called for changes so that U.S. businesses could attract “the most talented and hardest-working people, no matter where they were born.” (AP Photo/Jeff Chiu, File)

WASHINGTON (AP) — To the U.S. technology industry, there’s a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it’s more sinister: The push by Facebook’s Mark Zuckerberg to expand the number of visas for high-tech foreign workers is an attempt to dilute a lucrative job market with cheap, indentured labor.

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