UNEMPLOYMENT

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No Champagne for Ireland Until Jobless Rate Falls: IMF

Ireland has come to grips with its banking problems, but it will not be able to pop the champagne until its unemployment rate starts to come down, a senior official with the International Monetary Fund said Saturday.
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No champagne for Ireland until unemployment falls - IMF

Ireland has come to grips with its banking problems but it will not be able to pop the champagne until its unemployment rate starts to come down, a senior official with the International Monetary Fund said on Saturday.
U.S. Treasury Secretary Timothy Geithner

Growth Slow, so Fast Action Needed on Jobs Bill: Geithner

U.S. economic growth has gained some strength, but remains too slow, and it would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said Saturday.
U.S. Treasury Secretary Geithner looks on during the G20 Finance Ministers and Central Bank Governors Meeting in Busan

G-20 Maintains Pressure on Eurozone Over Debt Crisis

The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
Rick Perry

I can create 1.2 million energy jobs: Perry

Republican presidential candidate Rick Perry outlined plans on Friday to dramatically increase energy production and create 1.2 million jobs, taking aim at federal regulations he said are strangling the economy.
Occupy Wall Street

The Occupation Heard ‘Round the World'

The Occupy Wall Street movement is spreading around the world. There are now protests in Spain, England, Hong Kong. Italy is next in line. Can the international movement be sustained?
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Obama, Lee Hail Trade Deal, Pressure North Korea

President Barack Obama and South Korean President Lee Myung-bak on Thursday hailed a long-sought trade deal as an engine for job creation in both countries and presented a united front in the North Korean nuclear standoff.
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EuroZone Crisis Dominates G20 Paris Meeting

The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.
Billionaire financier George Soros speaks at a Reuters Newsmaker event in New York

George Soros: I'm not Funding Occupy Wall Street

George Soros says he isn't a financial backer of the Wall Street protests, despite speculation by critics including radio host Rush Limbaugh that the billionaire investor has helped fuel the anti-capitalist movement.
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Kocherlakota: Recent easing hurts Fed credibility

Recent Federal Reserve moves aimed at bolstering a slow but intact recovery reduce the central bank's credibility and ultimately its ability to keep inflation in check and unemployment low, a top Fed official said on Thursday.
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Economy shows signs of improvement

The number of Americans filing new claims for jobless benefits dipped last week and the U.S. trade deficit narrowed slightly in August, signs that point to a slight strengthening in growth.

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