UNEMPLOYMENT

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Jobless claims up modestly last week

New claims for unemployment benefits rose less than expected last week, according to a government report on Thursday that hinted at an improvement in labor market conditions.

Halloween Costumes 2011: 10 Hot Selections for Adults

Halloween participants
October is here, and Halloween is near. Pumpkins are about, a chill is in the air, and the colors of black and orange mingle on store shelves with piles of assorted, small candies -- meaning it's time for Halloween Costumes 2011.
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Tax on Rich will Pay for Obama Jobs Plan: Democrats

Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay for President Barack Obama's $447 billion jobs program, but the plan seems to be going nowhere in the divided Congress.
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Plunging PMIs fuel recession fears

Private sector business activity shrank in the euro zone for the first time in two years last month as new orders dried up, stoking fears that the economy could be heading back into recession, surveys showed on Wednesday.
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Industrial Commodities End Several Day of Sliding

Industrial commodity prices ended several days of losses on Wednesday after the U.S. Federal Reserve said it would take measures to prevent the economy from sliding into recession, although copper and crude oil held near multi-month lows.
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Recession, but not like 2008: Morgan Stanley's Roach

Europe is likely already in a mild recession, and the United States could very well join it, but the global economic turmoil is unlikely to reach the depths of the 2008 downturn, Morgan Stanley's Stephen Roach said on Tuesday.
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Democrat Wins West Virginia Governor's Race

Democrat Earl Ray Tomblin held on for a slim victory in a special election for governor of West Virginia Tuesday, narrowly preventing a third state special election embarrassment for President Barack Obama.
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Economists see new recession increasingly likely

The chances of a new U.S. recession are rising rapidly as employment and housing remain depressed and Europe's debt crisis threatens to spill over, according to a number of prominent economists.
A woman reads a newspaper reading ''Who killed Meredith ?'' in Perugia

Perugia fights sex-and-drugs image

As American student Amanda Knox's court appeal ends, exasperated residents of Perugia wish for a return to the days when the Italian town was known for chocolate, art and history rather a sex and drugs scene made notorious by the murder case.
Starbucks CEO Howard Schultz

Starbucks New Job Creation Fund Follows Trend of Corporate Giving

Starbucks announced Monday that it was teaming up with Opportunity Finance Network to launch Create Jobs for USA, which will pool donations for Starbucks customers, partners (employees) and concerned citizens into a nationwide fund for community business lending. This follows a trend that other companies, such as McDonald's, have taken to give back to the community while also boosting sales .

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