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The New England unemployment rate was 5.9 percent in October, basically unchanged from September’s 6 percent, but less than it was a year ago when it reached 7.1 percent, the federal Bureau of Labor Statistics reported Thursday. more
U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. more
U.S. stocks rebounded, with the Standard & Poor’s 500 Index erasing declines for the week, as signs tensions are easing in Ukraine outweighed concern over crises in the Middle East. more
U.S. stocks advanced, after the Nasdaq Composite Index climbed to a 14-year high Monday, as retailers rallied on better-than-projected earnings while data showed inflation pressures remain limited and housing starts jumped. more
Federal Reserve Chair Janet Yellen said Friday she still isn’t satisfied with the U.S. labor market. Deciding when she is won’t be easy. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
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