01/10/14 - 06:15 PM EST
We heard this morning that the U.S added 74,000 jobs in December, well below estimates for almost 200,000 and last month's upwardly revised 241,000. And, while the unemployment rate dropped to 6.7%, below economist estimates, this was largely due to the continued reduction in the labor force, with the participation rate dropping to 62.8%.Many have pointed to this data point being an outlier, particularly given weather issues and its stark contrast with stronger economic data we have received. But there is no doubt that today's number was disappointing...READ FULL POST
01/09/14 - 03:54 PM EST
With mixed data from the likes of Macy's and Bed Bath & Beyond today, Nicole Urken takes a look at the outlook for retail this year.READ FULL POST
01/09/14 - 03:53 PM EST
Stop, look and listen during earnings seasonREAD FULL POST
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