The U.S. economy is heading in the right direction and will pick up steam over the next two years, but high unemployment and low inflation still paint an unsatisfactory picture, New York Federal Reserve President William Dudley said on Monday.
The global airline industry will also likely see 800-million more travelers by 2014, and more than a quarter of them will come from China.
Detroit tops the list of fastest growing metropolitan areas for technology jobs, according to a report by Dice.com - a career Web site for technology and engineering professionals and companies in the US.
Inspired by Egypt, at least 2,000 protesters broke the barriers set up around the May First Square in the capital city of Algiers on Saturday
Resurgence of far-right in Europe (SLIDESHOW)
Decoding the Egyptian Revolution to understand the beginning, the end of Hosni Mubarak regime, significance, and effects of the downfall.
On the last day of January, a crowd of 600 gathered in sub-zero temperatures on Moscow's Triumph Square and began to chant Freedom! Freedom! and call for the resignation of Russian leader Vladimir Putin.
Wisconsin's new Republican governor on Friday proposed sharply curtailing the bargaining rights of public employee unions and other cost-saving measures to rein in the state's growing budget deficit.Governor Scott Walker said he will ask the Republican-controlled legislature to pass his budget repair bill next week. He said it was aimed at bringing stability to state finances and stave off employee layoffs this year.
A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning to autocrats across the Arab world and beyond.
Spain, reeling under the weight of massive unemployment and a collapsed property market, saw its economy shrink by 0.1 percent last year, although it grew by 0.2 percent during the fourth quarter, according to the country’s National Statistics Institute.
A recession is the decline of a nation's gross domestic product (GDP) over two or more consecutive quarters. It is also referred to as a period of economic decline and reduced economic activity. During recessions, many macroeconomic indicators vary in a similar way. GDP, employment, investment spending, capacity utilization, household incomes; business profits and inflation all fall, while bankruptcies and the unemployment rate rise. Here is a list of recessions that occurred since the Great ...
South African President Jacob Zuma called on the government and private sector to create jobs, setting aside billions of dollars to create work in Africa's largest economy, hard-hit by chronic unemployment. We urge every sector and every business entity, regardless of size, to focus on job creation.
New applications for unemployment benefits dropped to a 2-1/2-year low last week, pointing to a stronger footing for the labor market as the economic recovery gathers momentum. The fall in claims reported by the Labor Department on Thursday partly reflected the unwinding of a weather-related spike in late January but analysts said it was consistent with other indicators suggesting a strengthening labor market.
New U.S. claims for jobless benefits dropped to a 2-1/2-year low last week, pointing to a firming undertone in the labor market as the economic recovery gathers momentum.
New U.S. claims for unemployment benefits dropped more than expected last week to touch their lowest point in 2-1/2 years, a government report showed on Thursday, offering assurance that the labor market was strengthening despite January's poor jobs numbers.
Applications for jobless benefits in the U.S. fell more than expected for the week ended Feb. 5, marking a drop for the second consecutive week.
New U.S. claims for unemployment benefits dropped to a 2-1/2 year-year low last week, offering assurance that the labor market was strengthening despite January's poor jobs numbers.
Technology shares dragged U.S. stocks lower on Thursday as disappointing Cisco earnings overshadowed stronger-than-expected data on weekly unemployment benefits claims.
President Barack Obama will unveil his plans to expand high-speed wireless service to at least 98 percent of Americans within five years, while reducing the U.S. deficit by about $10 billion over the next decade.
A program to help workers who lost their jobs because of foreign competition and another that provides duty-free treatment for goods from Colombia and Ecuador are expected to expire on Saturday while lawmakers fight over their future.
Saudi teenager Abdulrahman Saeed lives in one of the richest countries in the world, but his prospects are poor, he blames his education, and it's not a situation that looks like changing soon. There is not enough in our curriculum, says Saeed, 16, who goes to an all-male state school in the Red Sea port of Jeddah. It is just theoretical teaching, and there is no practice or guidance to prepare us for the job market.
The Brazilian government plans to cut the federal budget by about $30 billion in 2011, which is more than double the budgetary cut last year, said a media report on Thursday.
