UNEMPLOYMENT

Stocks tumbled on heightened geopolitical tensions in Korea and rising fears about the spread of euro zone debt crisis. Minutes from the last FOMC meeting which revealed disagreements among policymakers over the efficacy of the second round of quantitative easing did not help market sentiment either.

According to minutes from the most recent Federal Open Market Committee (FOMC) meetings, policymakers argued over the merits of introducing a $600-billion long-term bond purchase program, but passed the measure anyway.

Minutes of the November 2-3 Federal Open Market Committee meeting.

Existing home sales in the U.S. dropped in October after two months of strong increases, the National Association of Realtors said in a statement.

The U.S. economy grew a little more than expected in the third quarter, helped by a sharp drop in imports and a rise in private inventory investment, according to the second estimate released by the U.S. Bureau of Economic Analysis.

Germany's economy grew in line with expectations in the third quarter, but remained sluggish compared to the growth in the previous quarter, according to a report from Destatis, the Federal Statistical Office of Germany.

Monthly job additions in New York State rose sharply in October, hitting a five-year high.

The most serious [economic] challenge today is that of unemployment, said Pascal Lamy, the director-general of the WTO. Lamy urges countries to expand global trade, instead of clamping down on it, to create more jobs for everyone.

The U.S. economic growth is expected to remain sluggish over the next couple of years, as inflation heads towards zero and unemployment remains high. Official U.S. GDP figures are due on Tuesday, along with sales information of existing homes.

Growth of the U.S economy is expected to remain sluggish next year as the nation suffers from high employment, high public debt, and rising commodity prices, says a report.

The nation that once gloated over its ability to feed the entire world is seeing an explosion of poverty: The number of people surviving on food stamps is rising as biting unemployment refuses to abate, personal incomes have been falling while the debt bubble is inflating with each passing day and, in a more startling representation of the grim reality, tent cities are mushrooming as more and more people are pushed out of their ‘underwater’ homes.

The US guest workers programs design needs an immediate and substantial in the wake of high unemployment in the nation.

It's been 33 years since Egypt's President Anwar El Sadat visited Israel. He then became the first ever Arab leader to engage with Jewish state. Though the United States brokered peace between the two nations, recent political developments suggest that things could go off balance in the coming months.

While the unemployment rate in the U.K. appears to be stabilizing, the jobless rate for British women keeps rising – to the point that more than one million females are now without work.

The saga surrounding the extension (or repeal) of George W. Bush’s tax cuts seems to be changing daily, almost hourly. It’s a highly complex and contentious issue that will (perhaps unfortunately) be decided solely by politics.

As early as the 1980s, fault lines began to appear in Europe's economy and the global financial crisis tore them wide open. Now, Europe perhaps faces its greatest economic challenges since WWII.

The Great Recession has seen joblessness soar in the U.S. One overlooked segment of the population, the Native Americans (or American Indians) have also suffered from rising unemployment.

Full-text of speech by Fed Chairman Ben Bernanke at the sixth European Central Bank Central Banking Conference, in Frankfurt, Germany , on Nov. 19, 2010.

An Agricultural commodity price rally in the U.S. will help the wobbly recovery in three ways - by boosting inflation a tad and narrowing the worrying trade deficit by a whisker, while not hardening enough to snuff out the fledgling recovery.

Silver and palladium futures posted sharper gains on Tokyo Commodity Exchange (TOCOM) on Friday after stronger than expected data from the world's largest economy on Thursday weakened the US dollar and increased investment appeal for risky assets.

Rubber futures rallied on Tokyo Commodity Exchange (TOCOM) on Friday, on expectations China may top off its stocks and on continued supply concerns.