Unrest spread across the Middle East and North Africa on Thursday as Bahrain launched a swift military crackdown on anti-government protesters and clashes were reported in Libya and Yemen.
Britain is to examine why so many people end up on long-term sick leave, fuelling a 192 billion pound annual bill for welfare, Prime Minister David Cameron announced on Thursday. The government is already preparing to reassess the circumstances of 1.5 million people off work on long-term incapacity benefits to see if they are fit enough to return to employment.
Hundreds of supporters of Libyan leader Muammar Gaddafi rallied on Thursday but there were reports of unrest in several locations as the opposition called for a day of anti-government protests.
New U.S. claims for unemployment benefits rose more than expected last week, according to a government report on Thursday that still pointed at gradual labor market recovery. Initial claims for state unemployment benefits increased 25,000 to a seasonally adjusted 410,000, the Labor Department said, partially reversing the prior week's hefty decline.
The overall consumer price inflation in the U.S. rose 0.4 percent in January on a seasonally adjusted basis, the Bureau of Labor Statistics (BLS) said on Thursday. The rise in inflation was mainly driven by increases in energy, commodities and food prices, the report said.
Does the unemployment rate is really improving as the US labor force participation rate has been trending downward since 2000?
The Recovery Act, which was introduced by the US government in response to the Great Recession of the last decade, created or saved 3-4 million jobs and up to 5 million full-time equivalent jobs by the end of 2010, according to report.
U.S. Stocks climbed on Wednesday, supported by some solid earnings reports and a number or M&A deal-making, as the Dow and S&P 500 reached 31-month highs.
U.S. Stocks climbed, supported by some solid earnings reports and a number or M&A deal-making, as the Dow and S&P 500 reached 31-month highs.
Core wholesale prices rose in January at their fastest rate in more than two years, raising some concerns about inflation, but economists said the recovery was too weak for a big spike in consumer prices.
Minutes from the Jan.25-26 meeting of the Federal Open Market Committee (FOMC) reveal that central bank members had slightly improved their outlook on the U.S. economy, but still decided to maintain their program to purchase $600-million in bonds.
Aaron David Miller, Public Policy Scholar at the Woodrow Wilson International Center for Scholars in Washington D.C. and an expert in U.S. Middle East relations speaks to International Business Times about the ongoing political unrest in the Middle East and North Africa.
Amr Moussa, the secretary-general of the Arab League, said he will run for president in Egypt's upcoming presidential elections, according to Al-Arabia TV.
More than half of Americans believe that the economy is still in recession and are less confident on the improvement in the nation’s economic conditions over the next few months, a new CBS News poll showed.
Construction of new homes in the U.S. rose sharply during January but building permits fell surprisingly, indicating the continued weakness in the housing industry, the Commerce Department said on Wednesday.
California Governor Jerry Brown ordered a hiring freeze on Tuesday across the state's government to help cut costs in the face of a budget gap of at least $25 billion. The budget deficit of the nation's most populous state is closely tracked in financial markets. California is the biggest issuer of U.S. municipal debt, and is of concern in Washington
The home improvement retailer is set to give significant boost to job creation in the economy, hiring over 60000 seasonal associates to cope with the demands of a busy spring season.
The number of unemployed people in the UK rose by 44,000 to 2.49 million in the last quarter of 2010, the Office for National Statistics (ONS) said on Wednesday.
California Governor Jerry Brown issued a hiring freeze across state government in the midst of an estimated budget deficit of $25.4 billion.
Transparency campaigners sued the European Union's executive on Tuesday for withholding documents on free trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.
The Egyptian army, praised for overseeing a mostly peaceful revolution, is running into a storm of wage and subsidy demands overtaking pressure for democracy and piling more burdens on an already teetering economy. That has already happened in Tunisia, where strikes and protests continue more than a month after citizens ousted their strongman president and galvanized Egypt's opposition forces to do the same with theirs last week.
Thousands of Shi'ite protesters marched into the capital of Bahrain on Tuesday after a man was killed in clashes between police and mourners at a funeral for a demonstrator shot dead at an earlier anti-government rally.
