JOBS

Consumer sentiment rose to its highest level in more than four years in May as Americans stayed optimistic about the job market, while higher income households expected to see bigger wage increases, a survey released on Friday showed.

Oh, the horror!

General Mills Inc. (NYSE: GIS), the maker of Cheerios cereal and Pillsbury pastries, said Wednesday it will cut 850 jobs to cut costs in the face of rising food prices.

The GOP touts itself as the party of job creation. But the party of which president - Democratic or Republican - creates more jobs per year, on average?

Photos of Ashton Kutcher's Steve Jobs makeover have surfaced on TMZ. Decked out in a black turtleneck, jeans and New Balance sneakers, Ashton Kutcher was spotted in full character in the photos as the former Apple CEO made his way to the set of the Jobs biopic in L.A. on Friday. News of Kutcher, 34, signing on to play Jobs in the biopic was reported by Variety in early April.

In another public effort to pressure Congress to act, President Obama plans to release a five-point list of legislative proposals favored by the White House.

The makers of the meat product infamously labeled pink slime have reportedly decided to close three of its beef processing plants, following months of criticism against the use of the meat filler in food products.

Asian stock markets plunged Monday as weaker-than-expected US employment report and election results from Europe weighed on investor sentiment.

In accordance with global May Day celebrations, the Southeast Asian nation of Malaysia has introduced a minimum wage for the first time, following a decade of pressure by labor unions.

In some U.S. presidential election years, one issue dominates, and that's likely to be the case in 2012. The issue: jobs, and so far the Obama administration's policies have not created enough. President Barack Obama needs to find ways to create more jobs, if he hopes to be re-elected.

Mitt Romney appeared Friday on Fox to discuss the April jobs report showing 115,000 jobs added, far lower than expected.

Asian stocks fell Thursday as weak economic data from the Eurozone and the US raised concerns over the strength of global economic recovery.

Steve Jobs is remembered not merely for the company he co-founded, but also for his mannerism, determination and marketing skills that helped Apple reach the zenith of success. But what about his acting skills? Yes, the Apple wizard did have some. He appeared as former U.S. President Franklin Delano Roosevelt in a long-lost TV commercial to charge up the company's sales team to take on IBM.

The U.S. private sector added far fewer jobs than forecast in April, ADP reported on Wednesday, giving the market a pause as it awaits Friday's government employment report.

The U.S. private sector added just 119,000 jobs in April, ADP announced on Wednesday in its monthly report -- substantially below the Bloomberg News consensus estimate of 183,000.

Malaysia has set the minimum wage for the private sector, covering all economic sectors except domestic services, saying it would benefit more than three million low-income workers.

If the U.S. presidential election was held today, President Barack Obama could easily lose. Fortunately for Obama -- and, by extension, for the Democratic Party -- the election is not today: it's 7 months from now.

For many women wearing heels is just another painful thing they do for beauty. However, for a small few, the pain of wearing high heels is compounded by the pain of plastic surgery to fit into them.

Mexican immigration to the U.S., considered the largest wave of immigration in history from a single country to the states, has dropped sharply and may have reversed due to the weak U.S. jobs market, stricter regulation on border crossing and rising deportations.

SmartGrid GB includes British Telecom, General Electric, IBM and Scottish Power, Siemens and Toshiba.

Allegations that Wal-Mart Stores Inc stymied an internal investigation into extensive bribery at its Mexican subsidiary are likely to lead to years of regulatory scrutiny and could eventually cost some executives their jobs.