UNEMPLOYMENT

Influx of wealthy immigrants into Zug, Switzerland's richest canton, do not blend well with local residents, causing friction between the two groups. A Swiss farmer turned down $30 million, refusing to have more apartments built on his farmland.

Ron Paul's campaign against the Federal Reserve had made some headway last summer, but even Republicans who dislike the Fed's decision to start a new round of easing aren't as drastic as him in attacking the central bank

As national elections swing into high gear this fall, one thing is for sure: Politicians from both political parties will be making promises. These promises will be grand in scope, short on specifics, and, unfortunately, likely to produce unintended consequences.

Clearly, there is no debate. Based on the facts, it’s Obama who deserves all of the credit. His actions and policies saved the great State of Ohio from economic calamity.

Government-owned Fannie Mae and Freddie Mac, which were set up to help blue-collar and middle-class workers buy their own homes at lower interest rates, are also helping the nation's one percent to purchase luxurious homes.

Asian shares rose to a four-month high Friday while the dollar remained weak against other major currencies after the U.S. Federal Reserve announced an aggressive new stimulus to drive job creation in the U.S. economy.

President Barack Obama widened his lead over Republican challenger Mitt Romney to 7 percentage points in a Reuters/Ipsos poll of likely voters released Thursday, the latest survey to show him ahead.

Epainette Mbeki, mother of former South African President Thabo Mbeki and revered anti-Apartheid activist, recently criticized the country's ruling African National Congress which had pressured her son to resign in 2007. The ANC continues to have wide support in South Africa, but Mbeki stressed that its leaders needed to communicate better with the people or public unrest would increase amid the country's persistent economic disparities.

Fed Chairman Ben Bernanke offered a spirited defense Thursday of the bank's decision to launch QE3, as the central bank's third round of quantitative easing is known, amid speculation that the initiative may have been politically motivated as the presidential election nears.

Fed decision to buy tens of billions more in bonds lifts the price of gold to a six-month high.

The U.S. central bank lowered its forecast for economic growth this year, but it reiterated its expectations for unemployment. Further, the bank said it now expects the Fed's first interest rate hike to take place in 2015.

Anger in the Muslim and Arab world over an anti-Islam film produced in America has spread to Yemen, where several hundred protesters stormed the U.S. Embassy in the capital, Sana. Yemen is already dealing with widespread social problems due to food and water shortages, rising extremism and sectarian conflict and political instability following the popular uprising that began in 2011.

In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.

The four-week average of initial U.S. jobless claims rose last week to its highest level in nearly two months, yet another indication of the nation's anemic job creation ability.

The island, officially French but in fact very much its own place, is among the most beautiful in the Mediterranean, but it still suffers from endemic violence by nationalists and mobsters. What's wrong with Corsica, then?

The U.S. stock index futures point to a lower open Thursday as investors maintained a cautious mode ahead of the Federal Reserve meeting in which there is the likelihood of another round of quantitative easing measures to be announced to invigorate the economy.

Voters continually claim that one issue is most important to them this election. It’s an area where President Barack Obama fails miserably and, for that reason, is trying desperately to avoid it -- the economy.

José Manuel Barroso, President of the European Commission, delivered the following State of the Union 2012 speech during a session of the European Parliament in Strasbourg, France, on September 12, 2012

The Obama campaign and the president’s Democratic allies have been pushing a particularly disappointing bit of fiction on the campaign trail lately.

Catalan represents 15 percent of Spain’s population, but produces about one-fifth of the country’s GDP.

Perennial battleground states Ohio and Florida top the list of where the Obama and Romney campaigns are spending, and that is not unexpected. Pennsylvania, though, is very far from the top -- and that is a big surprise.