Sal Guatieri

Canada’s Jobless Rate Rises to 7.6% as Employment Growth Stalls in January

Canada’s unemployment rate rose to a nine-month high in January as the trend of sluggish job creation that began in the second half of last year continued.

U.S. Economy Picked Up on Gain in Consumer Spending

The economy in the U.S. probably expanded in the fourth quarter at the fastest pace of 2011 as consumer spending picked up and companies rebuilt stockpiles, economists said before a report today.

Spanish Unemployment Reaching Highest in 15 Years Pressures Rajoy: Economy

Spain’s unemployment rate rose to 22.9 percent, the highest in 15 years, increasing pressure on Prime Minister Mariano Rajoy to deliver on his election pledge to create jobs in a shrinking economy.

Canadian Stocks Rise on IMF Plan, U.S. Manufacturing Increase

Canadian stocks rose, led by energy and financial companies, as the International Monetary Fund proposed increasing funds to contain the European debt crisis and U.S. factory production climbed.

November Inventories in U.S. Rise 0.3%, in Line With Sales

Inventories in the U.S. rose in November for a second month as companies worked to bring stockpiles in line with a pickup in demand at the start of the holiday shopping season.

Retail Sales in U.S. Probably Increased on Holiday Discounts

Sales at U.S. retailers probably rose in December as Americans bought discounted holiday items, giving the economy a boost entering 2012, economists said before a report today.

European Industrial Output Declines Again

Euro-area industrial production declined for a third straight month in November, adding to signs that the economy failed to expand in the fourth quarter as leaders struggled to quell the region’s fiscal crisis.

Canada Loses Most Jobs Since 2009 Recession as Jobless Rate Rises to 7.3%

Canada’s economy lost the most jobs since the 2009 recession during October, led by declines in the manufacturing and construction industries, cementing projections that the recovery is slowing.

U.S. Business Inventories Rose 0.8% in October

Inventories in the U.S. rose in October by the most in five months as companies moved to bring stockpiles in line with demand.

Sales of Existing U.S. Homes Unexpectedly Increase: Economy

Sales of previously owned homes in the U.S. unexpectedly rose in October, a sign falling prices may be attracting buyers.

"It's clearly reflecting a rapidly improving labor market, signaling further declines in the jobless rate."

- Sal Guatieri on Feb 16, 2012

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Oil Is Poised for Weekly Decline After Saudi Denial of Pipeline Explosion

European Stocks Rise as Yen Falls

Strong Asian Job Market May Cap Policy Easing

Syria Reported to Take Homs on Rebels’ Retreat as Russia Backs UN Stance

Toyota Beats Sales Estimates, Prius Rises