Unemployment has risen to 8.8% in New York City.
Survey reveals an alarming number of Americans are not retirement-ready and many have no college savings for their children.
The number of children in the United States considered poor rose by 1 million in 2010, the U.S. Census said Thursday, with more than one in five of the youngest Americans now living in poverty.
Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
New U.S. claims for jobless benefits hit a seven-month low last week and permits for future home construction rebounded strongly in October, the latest data to suggest the economy was gaining traction.
Occupy Las Vegas takes pride in being the Occupy Movement's most friendly gathering - We don't want to chase tourists away.
Initial jobless claims fell 5,000 to 388,000 for the week ended Nov. 12, a seven-month low, the U.S. Labor Department announced. If the downtrend continues, it would be, arguably, the best news the U.S. economy has registered this year.
New claims for jobless benefits hit a seven-month low last week, while permits for future home construction rebounded strongly last month, bolstering views the economy was gaining traction.
New U.S. claims for unemployment benefits dropped to a seven-month low last week, a government report showed on Thursday, suggesting the labor market was gaining some traction.
About 500 Occupy Wall Street protesters marched from a New York park on Thursday to the stock exchange for a protest that the movement against economic inequality hoped would attract tens of thousands of people.
The economically insecure country of Portugal is seeking investment from its former colony, Angola.
British Gas, along with some other dominant UK utilities, promised not to raise prices this winter.
Interestingly, overall unemployment among females -- now at 1.09 million -- is at a 23-year high.
South Africa's third-biggest listed clothes retailer, Mr Price, reported a 22 percent rise in first-half profit as above-inflation wage increases and decades-low interest rates lift consumer spending in Africa's biggest economy.
The euro zone economy grew just 0.2 percent in the third quarter as solid growth in Germany and France was dampened by countries at the sharp end of the debt crisis and economists expect a slide into recession by early next year.
Mexican soldiers found 140 migrants inside a truck in the state of Chiapas near the Guatemalan border.
The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.
The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.
Lucas Papademos has insisted that remaining in the Eurozone is our only choice.
President Barack Obama served notice on Sunday that the U.S. was fed up with China's trade and currency practices as he turned up the heat on America's biggest economic rival.
Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.
Japan's economy grew 1.5 percent in July-September from the previous quarter following three quarters of contraction as exports and consumption rebounded from a slump caused by the March earthquake, government data showed on Monday.
