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New jobless claims fall less than expected

New claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could add to fears the labor market recovery has taken a step back.

Jobs malaise warrants easy policy: Fed officials

The high unemployment rate means the Fed's ultra-easy money policies remain the right course of action, top Federal Reserve officials said on Wednesday.

Job market has long way to go, Fed's Pianalto says

High unemployment is not a quickly resolvable problem, but April's job gains show the economic recovery is on a firmer footing, a top Federal Reserve policymaker said on Wednesday.

Dramatic drop in private jobs creation raises fears about Friday’s nonfarm payroll

Private employers in the U.S. created only 38,000 jobs in May, a dramatic drop from the 177,000 jobs created in the prior month, and significantly lower than the 100,000 new jobs that economists had expected, according to a report from ADP.

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Which stocks should be sold now?

Wall Street investment guru and editor of GameChangers Hilary Kramer has put together a list of 12 stocks which she advised investors to sell immediately. While the names that appeared on the list are big ticket stocks, Kramer justifies her position, saying that investors usually make the mistake of holding on to what used to be hot previously. She says, for example, retail stocks were 'yesterday’s market leaders.'

Instant view: Jobless claims up; GDP unrevised

New U.S. claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation's job markets.

Jobless claims up in latest week

New claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation's job markets.

Obama's speech to UK parliament [FULL TEXT]

This is the full text of U.S. President Barack Obama's speech to both UK houses of parliament.

A Spanish Spring? Poor Economy Incites Mass Protest Movement In Spain

Protests have erupted in Spain in response to the country’s devastatingly poor economy, high unemployment and the government’s draconian austerity measures that affect mostly the middle class.

Federal Reserve official Bullard acknowledges understated inflation numbers

St. Louis Federal Reserve President James Bullard said on Monday that stripping energy and food costs from inflation measurements may understate inflation. Ignoring energy prices in a price index may systematically understate inflation for many years, he added.

Gold Prices Set Euro and Pound Sterling Records, Major Currencies All Vulnerable

Gold Prices at Tuesday morning's London Fix hit record Euro and Pound Sterling highs - €1078.85 and £942.22 per ounce respectively. The US Dollar ticked lower after a Federal Reserve official suggested monetary policy may remain loose for an extended period.

Who is Tim Pawlenty, the Republican presidential nomination candidate?

Tim Pawlenty, the former Minnesota Governor (2003-2011), made his official candidacy-for-president announcement on Sunday May 22, 2011.

Dominique Strauss-Kahn Was Trying to Torpedo the Dollar

Aren't you at all curious about who's behind this lynching by media scam? This is an all-out, no-holds-barred, steel-cage, take-down. The big boys save that kind of action for the worst offenders, that is, for the insiders who have broken Omerta or wandered off the reservation. Even Bernie Madoff was allowed to stay in his $7 million Park Avenue penthouse.

Euro Price of Gold Hits Record High As Debt Woes Spreading Beyond Greece

The Gold Price in Euros shot to a new all-time high of €34,746 per kilogram (€1080 per ounce) - 1% above Friday's close. The Euro price to Buy Gold has risen 16% since this time last year.

Moody's: big Japan Q1 GDP contraction is credit

Japan's return to recession and a bigger-than-expected slump in first-quarter economic growth are negative for its credit rating, Moody's Investors Service said, warning that a delay in recovery could warrant additional fiscal and monetary stimulus.

Socialist party of Spain suffers in elections

Spain's ruling Socialist party has suffered an overwhelming defeat in the local elections on Sunday.

Why Would Pakistan Harbor Terrorists?

Since the shocking discovery (and subsequent) assassination of al-Qaeda chief Osama bin Laden in early May in a compound in Pakistan, rumors have swirled that authorities in Islamabad have been harboring and protecting the world’s most wanted man all these years.

Protest continues in Spain despite ban (Photos)

Spaniards continue to protest against unemployment for the seventh day across the country defying a ban on demonstrations before the elections.

NYC Payroll and Unemployment Rate Looking Up

There seems to be a broad-based strengthening in the labor market with the growth of payrolls in 42 U.S. states and a decline in unemployment rate in 39 states in April.

After Strauss-Kahn, IMF should go for fundamental strategy rethink: AEI

History will remember Dominique Strauss-Kahn as a man who put the International Monetary Fund (IMF) on the road to decline, and that the new leadership should bring about a fundamental rethink of the fund's economic programs for the European periphery, leading think tank American Enterprise Institute has said.

Ban imposed on protests in Spain

Protesters in Madrid have camped out in the central square for the fourth consecutive night.

New Jersey added 14,000 jobs in April

The number of jobs in New Jersey increased by 14,000 during the month of April, the state's Department of Labor and Workforce Development announced Thursday. It was the third consecutive month that the Garden State recorded job growth. The state added 13,400 private-sector jobs and 600 public jobs, while the unemployment rate remained 9.3 percent.

Data suggests second-quarter GDP may disappoint

Weak data on U.S. home sales and factory activity on Thursday showed the economy stuck in a slow-growth gear, although a drop in claims for jobless aid offered hope the labor market's recovery was on track.

Fed's Evans says no need to alter easy money policy yet

The U.S. economy is on a firmer footing after a deep and lengthy recession, but still-high unemployment is keeping inflation under wraps and continues to warrant ongoing support from the Federal Reserve's ultra-easy money policy, a top Fed official said on Thursday.