Articles by Nish Amarnath
Jobless Greeks wait in line outside an unemployment bureau in Athens

Greeks Pack Off To Germany In Droves

Thalia Paraskeva, 24, was getting increasingly desperate. Equipped with a degree in graphic design from Athens, she had no luck finding a job in Greece. ...
People wait to enter a government job centre in Malaga, southern Spain January 27, 2012. Spain's unemployment rate rose to 22.9 percent in the fourth quarter of this year, passing the five million mark, data from the National Statistics Institute sho

With Euro Zone Joblessness Sky High, Its Survival Is At Risk: Analyst

The number of unemployed people across all 17 euro zone countries soared 11.2 percent to 17.8 million in June -- up 1 percentage point from the year before, Eurostat, the European Union's statistical agency, reported Tuesday. Euro zone unemployment among people younger than 25 rose to 22.4 percent.

Americans Earned More, Spent Less In June

Despite rising income at the end of the second quarter, U.S. consumer spending fell in June by 0.1 percent from the month before, the Commerce Department said on Tuesday.
Customers shop at Macy's department store in New York

US Retailers Dig Their Own Grave

The hefty $7.25 billion settlement that Visa and MasterCard have agreed to, in response to a 2005 class action lawsuit over credit card swipe fees, will disadvantage retailers further and restrict...
Test tubes filled with samples of bacteria to be tested are seen at the Health Protection Agency in north London March 9, 2011. Picture taken March 9, 2011. For decades scientists have managed to develop new medicines to stay at least one step ahead of th

Merck Second-Quarter Earnings Preview: A Glimpse

Based on analyst estimates, Merck & Co. will report earnings of $1.01 a share on sales of about $12.16 billion -- an increase of 0.1 percent from the year-earlier quarter. The company posts its second-quarter earnings on Friday, before the opening bell.

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