UNEMPLOYMENT

Jobless claims fall 9,000 in latest week

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New U.S. claims for unemployment benefits fell below 400,000 last week for the first time in five weeks and a trend reading also edged lower, suggesting a modest improvement in the still-moribund labor market.

Futures Rise on Uncertainty over Greek Referendum

Traders work on the floor of the New York Stock Exchange
Stock index futures edged higher in choppy trade on Thursday on talk the Greek government might collapse, thus avoiding a referendum on a bailout plan and easing concerns about an imminent bailout.
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Private sector adds jobs, slow growth seen

Private employers added more jobs than expected last month, though the lack of robust labor market growth reinforced the Federal Reserve's view that economic progress will likely be frustratingly slow.
Astoria Greeks

New York Greeks Reel as Homeland Again Descends into Turmoil

As international pressure mounts on Greek Prime Minister George Papandreou to drop his bid to put the deal before the Greek people for a referendum vote, and instead immediately accept its terms as drafted, Greek-American New Yorkers are once again shocked at the intransigence of their home country's leadership.
Federal Reserve Chairman Ben Bernanke

Fed Lowers GDP Forecast, Holds Policy Steady

The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggested Europe's debt crisis posed big downside risks to the U.S. economy.
Job seekers attend a career fair at Rutgers University in New Brunswick, New Jersey

Jobless Rates Dip in Most Metropolitan Areas

Jobless rates dropped in most metropolitan areas in September, and among areas with populations of one million or more they fell the most in Las Vegas, federal data released on Wednesday showed.
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Wall Street Rises on ADP Jobs Report, Fed on Tap

Stocks rebounded after two days of losses on Wednesday, aided by upbeat job market data as investors eyed a crisis meeting about Greece and a Federal Reserve policy session.
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Wall Street Gains on Jobs Data, Eyes on Greece, Fed

Upbeat job market data helped stocks bounce off two days of losses on Wednesday, with a crisis meeting about Greece and the end of a U.S. monetary policy session also on investors' minds.
Chairman of the Federal Reserve Ben Bernanke

Fed to Hold Steady Despite Global Risks

The Federal Reserve looks set to take a breather from monetary stimulus measures on Wednesday, even if financial market turbulence heightens the chances of action later.
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Private Sector Adds Jobs, Layoffs Slow in October

U.S. private employers added more jobs than expected last month, while planned layoffs dropped sharply, underscoring the view the economy is on a path of slow growth.
U.S. Job Market

U.S. Private Sector Added 110,000 Jobs in October: ADP

The U.S. job market continues to register incremental progress, as the private sector added 110,000 jobs in October, ADP said, with job gains concentrated in the services sector and in small/medium companies.
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Small Business Borrowing Rises: PayNet

The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly double-digit increase in a fresh sign the economy is set to grow at a stable pace.
South African rands

S.Africa's rand sees biggest daily loss since Sept

South Africa's rand weakened against the dollar on Tuesday as a Greek plan for a referendum on a bailout package raised worries that the euro zone debt crisis is far from over.
Bernanke gives testimony at a Joint Economic Committee hearing on the economic outlook, on Capitol Hill in Washington

Fed to Pause, Sow Seeds for More Easing

The Federal Reserve could begin to prepare financial markets for further monetary easing at the conclusion of a two-day meeting that began on Tuesday, even if it refrains from any new stimulus just yet.
Obama Tunisia

Obama's Facebook Spammed by Tunisian Revolutionaries

President Barack Obama's official Facebook page has been targeted by a sustained string of Facebook comments comparing him to oppressive Arab leaders and questioning the handling of the Occupy Wall Street protests.
Las Vegas, NV landscape

Housing Headed For 'Triple Dip': Report

Home prices are predicted to fall another 3.6 percent by June of 2012, marking a new of 35 percent below the 2006 peak, according to a report by Fiserv.
Business, Social Justice Studies

U.S. Is 4th in Business Friendliness; 27th in Social Justice: Studies

Americans are enormously proud of their country, and frequently boast that the country is better than all of the rest. But two new studies offer a counter-argument to the aforementioned, at least regarding the ease of doing business and the goal of social justice.
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Italian Bond Yields Rise to Near August Levels

Italian bond yields rose on Monday nearly to levels seen in August when the ECB intervened to shore up debt markets, indicating new concerns that problems in the euro zone's third largest economy could threaten the entire bloc.

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