Carl-Henric Svanberg

The energy sector is up today, led by drilling shares. Gains poured in as the Interior Department allowed drilling to resume in shallow waters with new safety regulations. The Philadelphia Oil Service Index (OSX) rose 1.6% to 166 and the NYSE Arca Natural Gas Index (XNG) jumped 1% to 514. The NYSE...

According to the employment report released today, private sector jobs have grown by the sheer figure of 41,000 in the month of May. Wall Street was expecting a growth of 190,000 jobs. The month of April witnessed a rise of 218,000 jobs. Temporary jobs grew again, by 31,000 this time, as businesses...