Dollar retreats on dismal news

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The dollar retreated against major currencies Wednesday as two weak jobs reports showed that the already battered U.S. labor market wasn’t getting better.

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Dollar retreats on dismal news

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Stores to tell how horrible holiday was

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It’s going to be ugly when leading store chains report their December sales numbers Thursday.

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Stores to tell how horrible holiday was

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Same job, less pay

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An annual 3% raise used to be considered stingy. Now, some employees will be happy if their salary doesn’t go down in the coming year.

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Same job, less pay

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$1.2 trillion deficit looms

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The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.

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$1.2 trillion deficit looms

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Some bad omens for key jobs report

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Some jarring reports Wednesday that show the labor market is still staggering are giving economists reason to fret about the government’s monthly jobs report due at week’s end.

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Some bad omens for key jobs report

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