The announcement has sparked opposition from Labor politicians and the union representing postal workers.
There were 3.8 million job openings in the U.S. in May 2013, and almost half of them were in a service-related sector.
The U.S. District judge's decision is a victory for the government and also for states, which are now entitled to injunctive relief.
OPEC's latest monthly forecast shows growing demand for oil but shrinking demand for its own product.
The call for a strike is the latest reaction to austerity demanded by Greece’s international lenders.
Foxconn has reportedly started hiring workers at its Zhengzhou plant, suggesting that mass production of Apple’s iPhone 5S has begun.
However, the EC’s proposal to establish a single authority for EU banks is opposed by Germany.
Household sentiment includes consumers' attitudes toward livelihood, income, jobs and willingness to buy durable goods.
India hopes to ease U.S. concerns about protectionist policies and to draw U.S. corporate investment, as the rupee slides against the dollar.
The bank reviewed 1,000 of its lawsuits against credit card defaulters and found 9 percent of them contained mistakes.
Energy experts say Gazprom will have a hard time making a big dent in the global LNG market.
The world's third-largest producer is projected to deliver more than 12 million 60-kg bags of coffee this year, a sharp increase.
Samsung Galaxy Note 3 will feature a full HD display with a screen resolution of 1080×1920, reveal the company’s own UAProf listings.
Investors will evaluate U.S. Fed Minutes and Chairman Bernanke's speech for tapering time-table clues.
Chinese environment minister bluntly admitted that his department is one of the world’s worst, blaming a complex bureaucracy for its woes.
IMF cut its global growth forecast citing anemic recovery in the US and EU, adding that if the Fed ended QE, it could hurt emerging markets.
Hidden code in the iOS 7's Beta 3 suggests that the camera in the upcoming Apple iPhone 5S may record videos at 120FPS to create slow-motion clips.
The interim PM, along with the president, will have his work cut out in getting diverse political players to support the transition plan.
China's trade data for June missed forecasts by a wide margin, adding to growing concerns of a slowdown in the Asian economic powerhouse.
Disney stands to lose at least $150 million on its would-be blockbuster, "The Lone Ranger."
Exports are down 3.1 percent from a year earlier and imports down 0.7 percent in a jolting report.
Television host and journalist Meredith Vieira will host her own daytime talk show starting in the fall of 2014.
NTSB Chairwoman Deborah Hersman shed more light on the events surrounding the crash of Asiana Airlines Flight 214.
Netflix and CBS have agreed to a new deal giving users instant access to CBS' vast catalog of content.
Some conservatives on Twitter and Facebook are calling for a boycott of Samuel Adams beer after one of its commercials omitted the “Creator” reference from a Declaration of Independence excerpt.
The rating agency said weak economic growth in Italy was a key factor.
Volkswagen has introduced a new hybrid electric concept car to compete with electric vehicles and hydrogen fuel-cell cars.
Lack of a stable supply of electricity is the biggest hurdle in the way of the country's economic development.
Latvia will join the European Monetary Union after almost 10 years since its accession to the EU.
In 2012, China imported nearly $109 billion worth of goods from the United States.