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Americans Eugene Fama, Lars Peter Hansen and Robert Shiller won the Nobel prize for economics on Monday for developing methods to study trends in stock, bond and housing markets.
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- JPMorgan books 3Q loss on litigation charge
- NEW YORK - JPMorgan Chase, the biggest U.S. bank by assets, reported a third-quarter loss after a big charge for legal expenses.
- Fresno seeks to be business friendly
- FRESNO, California - For builders, contractors and developers, working with the city of Fresno can be time consuming.
- US jobless claims jump to 374,000 due to backlog
- WASHINGTON - The number of people applying for U.S. unemployment benefits jumped by 66,000 last week to a seasonally adjusted 374,000. But the spike was largely because California processed a huge backlog of claims and the partial government shutdown prompted some contractors to cut jobs.
- SoCal MB2 Racing seeks to build track in Clovis
- FRESNO, Calif. - The Clovis city council will decide whether to allow a new tenant to move into the old Gottschalks building at Sierra Vista Mall.
- Weekly US jobless aid applications tick up to 308K
- WASHINGTON - The number of Americans seeking unemployment benefits rose just 1,000 last week to a seasonally adjusted 308,000, hovering near six-year lows. Companies are still cutting very few jobs, however the decline in layoffs has not been accompanied by a pickup in hiring.
- Bringing vocational education back to the classroom
- FRESNO, Calif. - Despite the huge focus on college prep courses, state figures show only about 18-percent of Fresno County high school students go on to college.
- US manufacturing expands at best pace in 2½ years
- WASHINGTON - US factory activity expanded last month at the fastest pace in 2 ½ years, an encouraging sign that manufacturing could lift economic growth and hiring in the coming months.
- US home prices rise 12.4 pct. from year ago
- WASHINGTON - U.S. home prices climbed 12.4 percent in August from a year ago, fueled by more buyers bidding on a limited supply of houses.
- Farm workers near Kerman protest UFW union
- FRESNO COUNTY, Calif. - Hundreds of farm workers have walked off the job in protest of a union, they say, isn't representing them fairly. The protest is happening south of Kerman at a farm near Central and Highway 145.
- Boice Funeral Home celebrates 100th anniversary
- FRESNO, Calif. - A celebration marked the 100th anniversary of a longtime Clovis business. For 100 years, Boice Funeral Home has served the Central Valley.
- US unemployment aid applications near 6-year low
- WASHINGTON - The number of Americans seeking unemployment benefits fell 5,000 last week to a seasonally adjusted 305,000, the second-lowest level in six years. Steady declines in applications show that very few companies are laying off workers.
- US new-home sales jump 7.9 percent in August
- WASHINGTON - Americans stepped up purchases of new homes in August after cutting back in July, suggesting that higher mortgage rates are not yet slowing the housing recovery.
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Reports featured on Valley Works provide valuable advice and resources to help the unemployed in their job search in the Central Valley.
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- Hundreds line up for the Big Fresno Job Fair
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- Home buyers use aggressive approach
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