UNEMPLOYMENT

Sarah Palin, who announced her intent to run for the Presidential bid on Wednesday, seems to be reaching out to the American public in a rather tidy way. Her latest stint on reality TV, coupled with an unfaltering media management, could come along in her pursuit to the White House.

House Democrats re-elected Rep. Nancy Pelosi D-CA as their leader for the next Congress by a large margin on Wednesday as her challenger said the fragmented vote meant moderates should get a say in decision making.

Billionaire investor Warren Buffett praised the U.S. government for bailing out Wall Street and saving the U.S. economy during the height of the financial crisis.

Construction of new homes touched an 18-month low in October, falling much more than expected, according to a report by the U.S. Commerce Department.

Target Corp, the No.2 discount chain in U.S. behind Walmart, reported 23 percent rise in its quarterly profit as the retailer's attractive discount schemes have drawn more shoppers to its stores.

Yahoo, the once-mighty torch bearer for the Internet age, is shaking up it business strategies even as the company is bedeviled by job cuts, takeover speculation and a fall in share prices.

An estimated 42.2 million travelers are hitting the roadways during the Thanksgiving holiday weekend, according to American Automobile Association (AAA), the nation's largest automobile club. Here are some tips for car travel.

More Americans will be traveling to celebrate Thanksgiving this year, all thanks to improving economic scenario in the country.

The number of unemployed people in the UK fell by 9,000 to 2.45 million during three months to September, bringing the unemployment rate down by 0.1 percent to 7.7 percent, the Office for National Statistics (ONS) said on Wednesday.

Proposals to reduce the US budget deficit would result in millions of job losses and less deficit reduction, delaying economic recovery for years, according to a report published on Tuesday.

The Federal Reserve is likely to spend the entire $600 billion allocated for the second round of quantitative easing (QE2) and is open to a third round (QE3) if the economy performs worse than expected.

About 17.4 million households in the U.S. had difficulty providing enough food due to a lack of resources in 2009, roughly the same pace as in 2008, according to a report from The United States Department of Agriculture (USDA).

There are now five unemployed workers for every job opening in the U.S., according to the Economic Policy Institute (EPI), a Washington D.C.-based think tank.

How much was accomplished at the just-concluded G20 summit in Seoul, South Korea likely depends upon whom you are asking. While some observers feel the summit cannot really do anything to address the fundamental differences between diametrically opposed economies (see: U.S. vs. China), others feel that progress of any such summit has to be measured in slow, patient doses.

Retail giant Walmart reported 9 percent growth in its quarterly profit on strong sales at its international operations and raised its fiscal 2011 earnings outlook.

The unemployment rate in India is estimated at 9.4 percent or 94 percents out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry.

President Barack Obama's 10-day Asian tour has been dubbed a failure by media owing to key failures in binding together the much-awaited free trade pact with South Korea and the inability to persuade a majority of the G-20 nations to support the U.S. position on current account imbalances.

U.S. economic policy is stuck in the pre-1970s era, which had higher population growth. Before 2008, this outdated policy caused boom-and-bust cycles. Now, it is failing to boost economic growth and possibly endangering the world financial system.

U.S. consumer sentiment rose more than expected in November, boosted by stronger holiday sales, according to the Thomson Reuters/University of Michigan survey.

Leadxers' Declaration

Indian economy is likely to grow 8.5 percent in the current financial year and 9 percent in 2011-12, said Prime Minister Manmohan Singh on Friday in a speech at the plenary session of the G20 summit in Seoul.