UNEMPLOYMENT

Jobless claims point to weak labor market

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The number of Americans filing new claims for unemployment benefits rose last week, suggesting little improvement in the labor market this month after employment stumbled in May.

Instant view: Jobless claims rise more than expected

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New U.S. claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little improvement in the labor market this month after employment stumbled in May.
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Jobless claims rise more than expected

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little improvement in the labor market this month after employment stumbled in May.
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Stocks priced too low: Goldman's Cohen

Wall Street investors are a bit more pessimistic than they should be despite a host of negative factors such as a weak U.S. economy and high energy costs, Goldman Sachs strategist Abby Joseph Cohen said.
Chairman of the Federal Reserve Ben Bernanke

Bernanke’s Challenge

Federal Reserve Chairman Ben Bernanke has a formidable challenge this afternoon when he addresses the economic and investment community post the 2-day FOMC meeting
Unemployed British construction workers protest outside the Isle of Grain power station in Rochester, southeast England

10,000 Jobs In UK Go Unfilled, While Claimant Count Rises

In a reflection of how the British workforce’s skills might not match up with the requirements of available work, May figures from the Department and Work and Pensions (DWP) indicated that 10,000 jobs remained unfilled over the past three months or more at Jobcentre Plus, despite a rise in the number of people filing for unemployment insurance benefits.
Carthage

Sexy Tunisian tourism ads turn heads in Europe

Hard-pressed for liquidity, Tunisia's interim government, along with Cherif, are ready to shock Europe-- once the primary market for Tunisian tourism-- into returning to its sun-kissed Mediterranean beaches.
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Athens, Greece in the Days preceding the Protests & Riots

Stephanie Caprini traveled to Athens, Greece just days before the recent riots. Upon returning to the States, she regrets that she lacked the cultural awareness that it takes to be present in a city that she now understands she was merely passing through.
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Payrolls shrink, jobless rates drop in many states

The number of people on companies' payrolls shrank in more than half the U.S. states in May, even though the jobless rates in many places continued to improve, Labor Department data released on Friday showed.
U.S. Rep. Anthony Weiner announces that he will resign from the United States House of Representatives during a news conference in Brooklyn, New York

'Entourage' producer, Porn Publisher Offer Weiner Work

His unemployment status may be only a day old, but that hasn't stopped former congressman Anthony Weiner from getting job offers. Shortly before announcing his resignation from office, Weiner received an offer straight from Hollywood. Washington might not condone sex scandal, but Hollywood certainly does.

Arab Spring: In Foreign Aid to Egypt and Tunisia, Questions Loom

As the international community prepares to deploy aid for Egypt and Tunisia's ailing economies, it faces the daunting question of how to do so without perpetuating the endemic corruption and government monopolization that helped to spark the Arab Spring.
Mazda, Hyundai to recall 104,154 cars in China

Of panties and Porches: Saudi Arabia moves to empower its women

Saudi women took to the streets today to contest a fatwa banning women from driving. International media reported that there was none of the expected retaliation from Saudi police forces, expected by many analysts to blow the situation up into something more befitting an Arab nation in the Jasmine era.
Traders work on the floor of the New York Stock Exchange, June 7, 2011.

Depression? No. Depressed? Yes!

Yesterday, a highly valued client of ours posed this question to us: ”Do you think that we are headed towards a depression?” It is not clear to me what event triggered the question, but my answer was a resounding “No”.

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