US businesses post more open jobs; quits rise to 9-year high WASHINGTON— U.S. companies advertised more available jobs in December and more Americans quit, trends that could lift wages in the coming months. The Labor Department says the number of job openings jumped 4.9 percent to 5.6 million, the most since July. And quits increased 6.9 percent to nearly 3.1 million, the highest in more than nine years.
Source: The Associated Press
| By: By CHRISTOPHER S. RUGABER, AP Economics Writer
US STOCKS-Wall St turn positive after weak start as tech rebounds *Oil prices reverse course to trade lower. *Viacom lower after revenue misses estimates. Feb 9- Wall Street eked out small gains in early trading on Tuesday, easing off a lower opening, as a drop in energy and financial stocks was offset by a rebound in the technology sector.
| By: Abhiram Nandakumar
Pisani's market open: Bear market or not? CNBC's Bob Pisani looks at how markets are faring including lows in overseas markets, weakness in European banks, and the growing margin of stocks in bear territory.
John Kasich: I’m open to even lower tax rate Presidential hopeful John Kasich tells CNBC he is open to lowering the corporate tax rate below the 25 percent level he has previously suggested.
| By: Tom DiChristopher
CANADA STOCKS-TSX falls as global slowdown fears weigh on energy, financial stocks TORONTO, Feb 9- Canada's main stock index fell on Tuesday, including more losses for energy and financial sector stocks, as fears of a sustained global economic slowdown weighed on risk-sensitive assets. The Toronto Stock Exchange's S&P/TSX composite index was down 161.16 points, or 1.29 percent, at 12,374.24, shortly after the open. All 10 of the index's main...
Goldman CEO eyes more cost cuts amid global growth concerns Feb 9- Goldman Sachs Group Inc's chief executive officer signaled the U.S. bank could cut costs yet again as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have cratered the sector's shares this year. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," CEO Lloyd Blankfein...
| By: Olivia Oran
US STOCKS-Wall St set for lower open as investors seek safety Feb 9- U.S. stock indexes were set to open lower on Tuesday, as cautious investors doubled down on safer assets amid increasing concerns of a sustained slowdown in global economic growth. Gold prices steadied near seven-month highs, while yields on Japan's 10- year government bond slipped into negative territory for the first time ever. Japan's Nikkei...
| By: Abhiram Nandakumar