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December Unemployment Rate Hits Two-Year High
U.S. employers added a scant 18,000 jobs in December and the national unemployment rate kicked up to five percent, its highest in more than two years, according to a government report on Friday that underlined the economy's rapidly slowing momentum.
| | |  | TOP HEADLINES | | | | | | | | | | | | | | |  | Business Centers | | | | | | | | Warning Signs: Recession Ahead
No-one knows for a certainty that 2008 will be a year of recession, but many signs point in that direction. Some financial gurus are wishfully calling for a "growth recession," while others see a very rotten time ahead indeed.
| In Many States, Privatization Spells Opportunity for Business
States are turning to the private sector to run more public programs, a trend that will continue as state budgets get squeezed ever more tightly. That creates opportunities for businesses prepared to provide services or to operate state facilities.
| Nuclear Power Facing a Renaissance in the U. S.
Regulations to curb carbon emissions from coal- or gas-fired generating stations are helping to propel a boom in construction of nucelar power plants. As many as 30 nuclear plants are likely to come on line in the U. S. during the next 20 years.
| At the Core of Apple: A Clear-eyed Look at Steve Jobs' World
This promises to be a joyous holiday season for Steve Jobs and the incandescent Apple. And yet, this is also a dangerous moment: From hardware to software to services, major competitors with serious R&D and marketing budgets are laying siege to the House of Jobs.
| Commercial Real Estate: The Next Shoe to Drop?
The nonresidential property market had, until recently, resisted the bug that hit housing. But things are changing quickly.
| Reading the Tea Leaves in the Beverage Industry
Seth Goldman, the founder of Honest Tea, offers his take on corporate responsibility, the secret to steady growth, and taking on Coke.
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