U.S., Europe Stocks Rise, Asian Markets Mixed
U.S. stock markets started the second half of this year with an encouraging uptick before turning down in midday.
Why Is U.S. Minimum Wage Less Than Half What Australia Pays Their Workers?
It?s not because the exchange rate is different.
This Time, Spain Won't Be Back In 10 Minutes
Europe's fourth-largest economy is putting millions of people out of work. This time, it won't be back in 10 minutes like the post-it notes of Spanish employees when they leave their desks for a half-hour coffee break every so often.
Actually, Monsieur, Crime In The Bronx Has Been Steadily Falling
Violent crime rates in the Bronx have been dropping for the past two decades -- as they have in New York City as a whole and many other U.S. big cities.
Euro Zone Unemployment Hit Record High In May, PMI At 3-Year Low
Unemployment in the euro zone rose to a new record high in May, while manufacturing activities fell for the 11th consecutive month in June. The numbers increase the likelihood the European Central Bank will cut its key interest rate when its governing council meets Thursday.
June Nonfarm Payrolls, Auto And Same-Store Sales: Economic Events For July 2-6
While this week will be interrupted midway by the Fourth of July holiday, the barbecues and fireworks are unlikely to take away from the importance of Friday's June nonfarm payrolls report. Monday's ISM manufacturing index will also be in focus.
Raymond Mawby, The Latest Among British Politicians Suspected Of Spying For The Communists
Why did Mawby betray his country and sell some of its secrets to a foreign country?
Asian Markets Face Mixed Sentiments In Coming Week
Asian markets are expected to begin the week on the upswing gains after leaders of the European Union agreed on action to stem the region's debt crisis.
How Will The Supreme Court?s Decision To Uphold Obamacare Affect Small Businesses And Job Creation?
The U.S. Supreme Court on Thursday handed down its historic ruling on the Patient Protection and Affordable Care Act, largely upholding the law. But many fear that the ruling will result in a reduction in hiring and may become a further drag on our already struggling economy.
South African President To Buy Luxury Private Jets, Days After Warning Of Country?s Dire Poverty
The Boeing-777 aircraft, which seats about 300 people, will cost $150 million to purchase and another $80 million to customize.
Supreme Court Health Care Decision - Will It Boost Obama Or Romney More?
Both liberals and conservatives can use the high court?s decision to energize the rank-and-file.
Sudan: ?Lick The Elbow? Protests Erupt In Khartoum And On Twitter
In Sudan, the big protest is in progress. Media reports are still scant, but Twitter is chirping with updates.
Iran Keeps Biggest Oil Customer As China Gets U.S. Sanctions Waiver
The United States gave China and Singapore exemptions from new sanctions targeting Iran's central bank and oil industry, which took effect on Thursday.
Iran Oil Sanctions: China Gets Exemption From White House; U.S. Will Boost Monitoring Of Banks
Following an extended game of chicken, the Obama administration granted China and Singapore an exception to the Iranian oil sanctions, senior White House officials said Thursday.
Under Mohamed Morsi, Will Egypt?s Tourism Industry Conform To Islamic Law?
Under Islamic president-elect Mohamed Morsi's government, many in Egypt's beleaguered tourism industry are dreading bans on everything from alcohol to modern art to bikinis.
Seeking Promised Land Of South Africa, Migrant Tragedies Mount As Smugglers Profit
Migrants seeking to escape from the Horn of Africa are often transported south by smugglers whose motives are far from humanitarian.
US Stock Futures Decline Ahead Of Crucial EU Summit
U.S. stock index futures declined Thursday morning, pointing to a lower opening on Wall Street ahead of a decisive European Union summit in Brussels, where EU leaders will meet to tackle the euro zone debt crisis head on. The summit will take place June 28-29.
South Africa: Zuma Blames 'White Control' For Economic Woes, While Bidding For Second Term
?The time has come to do something more drastic toward economic transformation and freedom,? Zuma said.
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After Boom Always Comes A Bust -- Norway?s Housing Market Mirrors The U.S. Bubble
It is just amazing how we never learn from other people's mistakes.
US Car Sales June 2012 Preview: Plateauing Sales A New Equilibrium
U.S. car sales are expected to have remained strong in June, maintaining a total seasonally adjusted annual rate (SAAR) of around 14 million vehicles, however sales are beginning to slow at the beginning of summer and a return to pre-recession sales levels is not foreseen anytime soon, according to early predictions by analysts at LMC Automotive and Kelley Blue Book.
Whites Still Control South Africa?s Economy: Jacob Zuma
Zuma?s ruling party has proposed that the nation?s key mining sector pay more in taxes to finance social spending and also wants to encourage state-owned enterprises to create more jobs.
Spanish Short-Term Borrowing Costs More Than Double - Increasing Pressure On Nation
Spain's short-term borrowing costs almost tripled during Tuesday's debt auction, a day after Moody's downgraded the country's banking system.
Job-Killing Austerity Is Making Contagion In Europe More Pronounced, Economists Find
Spikes in unemployment might be a necessary evil to austerity reform measures meant to control the European financial crisis. But, when push comes to shove, those high levels of joblessness are actually making contagion of the crisis amongst countries worse.
Horrific Unemployment, Stagnation, Inflation Seen In Euro Zone Collapse
A graphic published by Der Spiegel, Germany's top newsweekly, is making the rounds among global financial blogs and Facebook walls, succinctly putting into numbers the horrific economic carnage a collapse of the common currency union would entail.
Spain Officially Asks For Up To $125 Billion For Its Banks
As European leaders prepare for talks later this week regarding the euro zone's economic mess, Spain officially petitioned Monday for up to ?100 billion ($125 billion) in loans to rescue its banking sector.
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