Jobs

The number of Americans filing for unemployment benefits unexpectedly rose last week to a two-month high, interrupting a steady decrease to the lowest level since before the last recession.

After stalling amid the housing bust, a 1,400-home development in Riverside County is coming back to life.

A slump in oil prices weighed on the stock market Thursday, pushing the Standard & Poor's 500 index to its third straight loss.

Malaysia Airlines will cut 6,000 workers as part of a $1.9-billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed.

SACRAMENTO — State employees who process unemployment claims wrongly denied benefits for hundreds of thousands of jobless Californians, a result of a botched system and procedures that caused fired workers to wait months for benefits, a state audit concluded.

U.S. stock indexes drifted lower in afternoon trading Thursday, on track for their first loss this week. The slide began early on as the escalating conflict in Ukraine and a batch of disappointing earnings and profit outlooks from retailers eclipsed some good news on the U.S. economy.

California unemployment insurance workers wrongly denied hundreds of thousands of claims for jobless benefits that were overturned later on appeal by administrative judges, a new state audit concluded.

The economic rebound in the second quarter was stronger than previously estimated, another sign of a recovery gaining momentum after stalling early in the year.

Grappling with ratings doldrums and increased competition, Turner Broadcasting plans to cut several hundred workers as part of an overhaul of its operations.

It was a big round-number day for the stock market.

As top central bankers gather this weekend for their annual powwow in Jackson Hole, Wyo., their main focus this year will be on the labor market — a topic at the heart of the Federal Reserve's increasingly intense debate on when to start raising interest rates.