Posts Tagged Leading economic indicators

Sears reports bigger-than-expected 1Q loss

In this Dec. 6, 2012, photo, an employee walks through the appliance department at a Sears in North Olmsted, Ohio. Sears Holdings Corp. reports quarterly financial results before the market opens on Thursday, May 23, 2013. (AP Photo/Mark Duncan, File)

NEW YORK (AP) — Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales.

Read the rest of this entry »

Tags: , , , , , , ,

Stocks mixed as investors reassess Fed worries

Trader John Panin, second left, adjusts his glasses as he works on the floor of the New York Stock Exchange Thursday, May 23, 2013. A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. (AP Photo/Richard Drew)

NEW YORK (AP) — Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , ,

Between economy and trouble, Obama approval steady

President Barack Obama and first lady Michelle Obama watch as singer-songwriter Carole King performs after being presented the Library of Congress Gershwin Prize for Popular Song during an East Room concert honoring King Wednesday, May 22, 2013, at the White House in Washington. (AP Photo/Jacquelyn Martin)

WASHINGTON (AP) — The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.

Read the rest of this entry »

Tags: , , , , , , , , , , , , ,

Cuts loom in New Mexico unemployment benefits

ALBUQUERQUE, N.M. (AP) — New Mexicans qualifying for extended unemployment benefits starting next month will have their payments reduced by 25 percent because of federal spending cutbacks, state officials announced Wednesday.

Read the rest of this entry »

Tags: , , , , , , , , , ,

Median CEO pay rises to $9.7 million in 2012

FILE -In this Tuesday, Sept. 12, 2006, file photo, Leslie Moonves, left, president and chief executive officer of CBS, talks with PBS host Charlie Rosein Beverly Hills, Calif. CEO pay has been going up, The highest paid CEO in 2012 was Leslie Moonves of CBS, who made $60.3 million. (AP Photo/Reed Saxon, File)

CEO pay has been going in one direction for the past three years: up.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , ,