UNITED STATES

IBTimes Logo

Data points to strengthening growth, jobs

The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening.

Sears latest store chain to woo Amazon affiliates

IBTimes Logo
Sears Holdings Corp sent an open letter on Thursday to independent Web operators affiliated with online retailer Amazon.com inviting them to join its network, becoming the second major U.S. store chain to go after key partners of the Web retailer in recent weeks.

Euro, U.S. business gains, price pressure builds

IBTimes Logo
Growth in the service sectors in the United States and Europe hit its highest in five years in February, suggesting economic growth is accelerating though inflationary pressures are building.
IBTimes Logo

Highlights: Geithner's testimony to Senate panel

The following are highlights from testimony by Treasury Secretary Timothy Geithner on Thursday before the Senate Foreign Relations Committee on turbulence in the global economy and implications for the United States.
More news
IBTimes Logo

Hard time for Iraqi refugees in weak U.S. job market

Fleeing after years of war in Iraq, many refugees arriving in the United States can't find the jobs they need to rebuild their lives. Unemployment among Iraqi refugees is estimated at nearly three times the national average of 9 percent, and up to 2,000 of those who arrived in the past four years may have left for other countries.
IBTimes Logo

Jobs data optimism fuels Wall St rally

Investors betting on a big gain in U.S. payrolls pushed Wall Street to its best one-day rally in three months on Thursday, but weak volume lingers as a concern for those hoping for another leg higher.
IBTimes Logo

PIMCO's Gross urges slow pace of deficit cuts

Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent U.S. economic recovery.
IBTimes Logo

Wall St jumps in big payrolls bet

Investors betting on a big gain in U.S. payrolls pushed Wall Street to its best one-day rally in three months on Thursday, but weak volume lingers as a concern for those hoping for another leg higher.
IBTimes Logo

Obama, Calderon reach deal in trucking dispute

President Barack Obama said on Thursday the United States and Mexico had agreed on a way to solve a long-simmering cross-border trucking dispute that has hurt trade between the two neighbors.
IBTimes Logo

DreamWorks options movie rights to WikiLeaks books

The DreamWorks studio has optioned movie rights to a pair of books about WikiLeaks founder Julian Assange and his controversial Website that is bent on revealing government secrets, company officials said on Thursday.
IBTimes Logo

Small firms created jobs in February

Small U.S. firms began creating jobs in February after years in which employment was shrinking, the National Federation of Independent Business said on Thursday in the latest sign of firming job markets.
A video grab provided by KTLA.com taken from video shot by George Holliday is seen from the origianl broadcast of the video on KTLA-TV on March 3, 1991.

The Rodney King Beating 20 Years Later - Its Impact on LAPD

A beating by Los Angeles police of motorist Rodney King caught on video twenty years ago triggered a national debate on racism and police brutality, and prompted an investigation that laid the groundwork for closer civilian supervision of the Los Angeles Police Department.
IBTimes Logo

Oil falls as market eyes Libya plan

Oil prices retreated from near 2-1/2 year highs on Thursday as traders took profits after Venezuela pitched a plan to resolve the Libyan crisis, despite deep skepticism about whether it would work.
IBTimes Logo

PIMCO Gross urges slow pace of deficit cuts

Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery.
IBTimes Logo

Fed's Lockhart urges vigilance against inflation

A spike in commodity costs is making consumers expect higher prices in the short-run, and Federal Reserve officials must make sure longer-run expectations remain under control, a top central bank official said on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.