Business
Businesses Reluctant To Hire New Workers
[4 min 35 sec]
Economy
Boeing Engineer Gets 15 Years In Economic Espionage
()A Chinese-born engineer convicted in the United States' first economic espionage trial was sentenced to more than 15 years in prison for stealing sensitive information on the U.S. space program with the intent of passing it to China.
World Markets Slide, But Dow Finishes Above 10,000
The U.S. stock market suffered its fourth straight losing week amid troubling economic signals.
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Special Series
Shifting Gears
California has more manufacturing jobs than any other state. A yearlong project from member station KQED's The California Report explores how the state's manufacturers are adapting to a changing economy.
Decline In Consumer Borrowing Slows()
February 5, 2010 Americans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products. Total borrowing dropped by $1.8 billion — far less than the revised $10.6 billion drop for November, and below the $9 billion decrease analysts had expected.
Jobless Rate Unexpectedly Drops To 9.7 Percent()
February 5, 2010 The report hinted at some job market improvement, even though employers shed 20,000 jobs in January.
World Markets Drop Over Worries About Debt, Jobs()
February 5, 2010 Stocks in Asia and Europe tumbled today over investor concerns about a weak U.S. job market and a debt crisis in Greece that could spread to other countries. Today's slide comes on the heels of Wall Street's worst day in seven months, following news of an uptick in unemployment claims.
Amid Gloom, Some Companies Fill Jobs()
February 4, 2010 The country's unemployment rate hovers at 10 percent, and job cuts in January were at a five-month high. But a few recent announcements may give job searchers some hope: CarMax, Ford, Starwood Hotels and Oracle Corp. say they plan to add hundreds — or even thousands — of workers.
Business
Retailers See Positive Signs In Store Sales()
February 4, 2010 Stores received a pleasant surprise in January as shoppers bought a little more clothing at malls, delivering solid gains for many retailers and providing more hope that a spending recovery that started late last year is being sustained.
Factory Orders Show Surprising Strength()
February 4, 2010 Orders to U.S. factories posted a 1 percent gain in December, double the expected amount and adding to evidence that the manufacturing sector is supporting the economic recovery. It was the eighth increase in the past nine months.
Special Series
Financial Crisis: One Year And Counting
NPR looks at the financial system's near collapse and whether lessons have been learned.
