UNEMPLOYMENT

Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth.

Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth.

President Obama and family are headed to Blue Heron Farm on Martha's Vineyard for a 10-day vacation.

Despite anemic growth so far this year, the risk of a double-dip recession is quite low, a top Federal Reserve policymaker said on Thursday.

Here are five of the most important reasons that are pressuring U.S. stocks on Thursday.

Traders on the U.S. futures market bid up the price of gold to a record high early Thursday on continued concern about the slowing economies of both Europe and the United States.

Shares of exchange-traded funds back by gold and silver rose in premarket trading Thursday as the U.S. government reported a higher-than-expected increase in inflation and an increase in jobless claims.

New U.S. claims for unemployment benefits rose more than expected last week, according to a government report on Thursday that suggested hiring in August was steady but not robust.

Gold rallied back toward record highs above $1,800 an ounce on Thursday, driven by unease over the lack of a solution to the European debt crisis and sluggish growth in the developed world which has shaken investor confidence in stocks, bonds and hard currencies.

The global economy is "dangerously close to a recession," Morgan Stanley said, slashing its growth forecast for 2011 and 2012.

A popular boy wizard, comic-book heroes and some foul-mouthed women are leading Hollywood toward a record-breaking summer despite the sour economy and high unemployment resulting in tightened consumer spending.

Data released on Wednesday by the Annie E. Casey Foundation in its annual KIDS COUNT Data Book, show that over the last decade there has been a significant decline in the economic well-being for low-income children and their families. The KIDS COUNT Data Center provides information about the 10 key measures tracked in the Data Book in addition to hundreds of other indicators of child well-being by state, county, city, and congressional district.

?We blacks were the first people embracing Obama, long before the people at expensive fundraisers were supporting him,? he said.

The details are sketchy about President Barack Obama's September jobs speech, but one thing is certain: as economic manager, Obama must increase job growth substantially in the next nine months to help the millions of Americans who are unemployed find jobs, to strengthen the economy, and to save his presidency.

The White House on Wednesday said President Barack Obama would unveil fresh ideas to jump-start the economy and cut deficits, but details offered so far appeared to be a compilation of old proposals.

Flash mobs are increasing -- and becoming increasingly dangerous and frightening. Why is this phenomenon happening, and how can it be stopped?

Madrid police have arrested a Mexican chemistry student who allegedly planned to gas anti-Pope protesters at the 2011 World Youth Day in Madrid, Spain

Perry is a favorite among social conservatives, including the Tea Party

Core producer prices rose at their fastest pace in six months in July on strong tobacco and light truck costs, though weak domestic demand was seen keeping inflation pressures under control.

President Barack Obama will give a major jobs speech in early September, according to a source.

Spain and Italy, under the market microscope over debt servicing costs, welcomed Franco-German proposals for a more integrated euro zone Wednesday and said they hoped the plans would usher in regionwide bonds.