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Lucia Mutikani

Stories by Lucia

U.S. factory, jobless data point to firming economy

U.S. factory activity jumped to a two-year high in July and first-time applications for jobless benefits hit a 5-1/2-year low last week, bolstering views economic growth would accelerate in the second half of the year.

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Economy adds nearly 200K jobs in June

WASHINGTON -- U.S. job growth was stronger than expected in June and the payroll gains for the prior two months were revised higher, cementing expectations for the Federal Reserve to start winding down its massive stimulus program as early as September.. Employers added 195,000 new jobs to their payrolls last

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Unemployment rate drops to 7.5 percent

WASHINGTON — Employment rose faster than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy bear the blow from belt-tightening in Washington.

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Economy adds 236,000 jobs, rate falls to 7.7 percent

U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low, suggesting the economy is gaining traction despite the blow from higher taxes and deep government spending cuts.