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US unemployment rate hits five-year low, eyes on the Fed

Last Updated: Saturday, December 7, 2013, 10:53

U.S. employers hired more workers than expected in November and the jobless rate hit a five-year low of 7.0 percent, raising chances the Federal Reserve could start ratcheting back its bond-buying stimulus as soon as this month.

Bernanke, other policymakers point to weakness in labor market

Last Updated: Saturday, November 9, 2013, 12:42

Bernanke was not specifically referring to the latest employment report, which showed the unemployment rate rose to 7.3 percent in October while employers added 204,000 jobs.

Obama pitches for foreign investment to generate jobs

Last Updated: Friday, November 1, 2013, 10:48

US President Barack Obama launched a fresh effort Thursday to attract investment by foreign manufacturers and other businesses as the government seeks to pull down stubbornly high unemployment.

US jobless claims fall for 3rd straight week

Last Updated: Thursday, October 31, 2013, 18:49

US jobless claims fell for the third week in a row, as the impact of the government shutdown earlier in the month appeared to ease, Labor Department data showed Thursday.

Gold price today: Latest updates

Last Updated: Thursday, October 31, 2013, 12:33

Gold prices tumbled by Rs 405 to Rs 29,753 per ten grams in futures trade Thursday after moving in range of Rs 29,675-Rs 30,200.

Gold price today: Latest updates

Last Updated: Wednesday, October 30, 2013, 13:01

Gold prices extended their early gains by Rs 184 to Rs 30,330 per ten grams in futures trade Wednesday.

Gold price today: Latest updates

Last Updated: Friday, October 25, 2013, 16:23

Gold prices edged higher by Rs 32 to Rs 30,594 per ten grams in futures trade Friday.

US jobless claims elevated in 2nd shutdown week

Last Updated: Thursday, October 24, 2013, 20:33

US jobless claims remained high for the second week of the government shutdown, but fell from the previous week, Labor Department data showed Thursday.

Gold price today: Latest updates

Last Updated: Wednesday, October 23, 2013, 16:29

Gold prices gained by Rs 59 to Rs 30,180 per ten grams in futures trade Wednesday.

US unemployment rate down to 7.2% in September

Last Updated: Tuesday, October 22, 2013, 18:58

The US jobless rate fell to 7.2 percent in September from 7.3 percent the month before, despite tepid numbers for job creation, the Labor Department reported Tuesday.

US job growth lost momentum before budget fight hit

Last Updated: Tuesday, October 22, 2013, 18:55

US employers added far fewer than expected workers in September, suggesting a loss of momentum in the economy that supported the Federal Reserve`s decision to maintain its monthly bond purchases.

Gold price today: Latest updates

Last Updated: Tuesday, October 22, 2013, 17:08

Gold prices reclaimed Rs 30,000 level by rising Rs 264 to Rs 30,020 per ten grams in futures trade Tuesday.