UNEMPLOYMENT

Greek Elections: Economic Crisis Raises Profile Of Far Right

Elias Panagiotaros, a spokesperson for the extreme right Golden Dawn party (2nd R), and other members of the group shout insults against a Socialist former education minister during an election campaign gathering in Athens
The ultra-nationalist Chrysi Avgi (?Golden Dawn?) party ? which Greek and European media sometimes label as a Neo-Nazi organization -- is expected to gain 5 percent of the total vote, well above the 3 percent minimum required for entering parliament.
US Housing Sector

US Homeownership Rate Drops To 15-Year Low

The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting.
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Spain

Spain Falls Back Into Recession As Austerity Bites

Spain's economy tipped back into recession in the first quarter and economists said spending cuts aimed at meeting strict EU deficit limits together with troubles in the banking sector would delay any return to growth until late this year or beyond.
Oegussa plant gold

Gold Price Close To 2-Week High In Market Trade On Monday

Gold held near a two-week high on Monday on prospects of more safe-haven buying, with the U.S. dollar under pressure from weaker-than-expected economic data and speculation the Federal Reserve could ease policy further to boost growth.
2012 Election

5 Reasons Obama Could Lose The 2012 Election

If the U.S. presidential election was held today, President Barack Obama could easily lose. Fortunately for Obama -- and, by extension, for the Democratic Party -- the election is not today: it's 7 months from now.
Sarkozy and Hollande battle for Le Pen voters

French Elections: Sarkozy And Hollande Make Appeals To Far Right

Challenger Francois Hollande and incumbent Nicolas Sarkozy are apparently seeking to attract those who cast ballots for Marine Le Pen in the French presidential election's first round on April 22. The way these voters break most likely will determine the winner of the second round on May 6.
US GDP

US 1Q GDP Grew 2.2%, Less Than Expected

The U.S. economy expanded at a slower-than-expected pace in the first quarter, reflecting a deceleration in inventories and nonresidential fixed investment that was partly offset by the biggest gain in consumer spending in more than a year.
Federal Reserve Chairman Ben Bernanke faced a tough round of questions from reporters Wednesday

Markets Fluctuate As Press Corps Shells Bernanke

Federal Reserve Chairman Ben Bernanke rattled financial markets Wednesday afternoon, as the top U.S. central banker hemmed and hawed his way through a tough round of questioning from a cadre of economic reporters.
Fed

Fed Sticks To Late 2014 Rate Hike Plan

The Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.
A tourist poses for a photo next to four telephone boxes next to Hyde Park, in central London

UK Falls Into Double-Dip Recession

The United Kingdom, Europe's third-largest economy, fell into recession in the first quarter when its gross domestic product fell 0.2 percent, a contraction that followed the fourth-quarter's 0.3 percent decline.
Consumer Confidence Slips

Consumer Confidence Slips In April

Consumer confidence fell slightly in April, the second straight monthly decline, as a stuttering economic recovery kept purse strings tight, according to a survey released Tuesday.

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