Retail and Business

Hiring picked up slightly in July, CNBC reported, and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years.
 
Employers added 117,000 jobs …

World markets sold off Friday, CNNMoney reported, a day after the Dow Jones industrial average index had its worst point loss since the 2008 financial crisis.

“It seems that yesterday was the day that markets …

Confidence among U.S. CEOs waned at the start of the third quarter as business leaders anticipated smaller gains in sales, employment and equipment purchases, Bloomberg reported.

A private survey, the Young Presidents’ Organization (YPO) gauge …

Investors fled stocks on Thursday, putting the Standard and Poor’s 500 index into correction territory, as worries about the U.S. economy and European debt escalated, Reuters reported.

Two of the three major stock market indexes …

The number of Americans making new claims for unemployment benefits dropped last week to a level that shows limited improvement in the labor market, Bloomberg reported.

Applications decreased by 1,000 in the week ended July …

A measure of global equities has fallen 10 percent from this year’s high in May, as concern grows that the economic recovery is faltering, Bloomberg reported.

The MSCI All-Country World Index of stocks in developed …

Sauer-Danfoss Inc. yesterday reported second-quarter net income of $74.9 million, compared with $34.6 million for the same quarter a year ago.

Net sales for the quarter increased 30 percent to $563.3 million, compared with $432.2 …

Karen Grode, CEO of Girl Scouts of Greater Iowa, will leave her position in August to move to another Girl Scouts council in the Kansas City area.

The organization will have a farewell reception for …

Wall Street tumbled again today, with the benchmark Standard & Poor’s 500 index falling to a new low for the year after another round of soft economic data was released, MSNBC reported.

The U.S. services …