While nonfarm payroll unemployment figures rose in October close to their post World War II peak of 10.4%, there was a big gain in temporary jobs, a leading indicator of permanent jobs
BusinessWeek's Mara Der Hovanesian says that unrealistic assumptions, sky-high prices, layers of investors, and possible fraud make it hard to clean up the mess in commercial real estate
BusinessWeek's Peter Coy talks about the Fed's decision to keep rates at a record low of zero to 0.25%. It helps the recovery but fuels speculation in gold and oil and against the dollar.
Unconventional easing requires unconventional tightening. With no road map from past experience, the Fed has to feel its way along to reverse the largest monetary accommodation in history
Buying Burlington Northern was an "all-in wager" on the economic future. But the railroad mostly ships coal, agriculture, imports, and building products--not a recipe for fast growth
A big week on tap for economic news as the Federal Reserve releases its decision on interest rates, and the Labor Dept. issues its October jobs report.
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