Manufacturing has been one of the few bright spots of the otherwise frail U.S. economic recovery, but Markit said weaker overseas demand could be starting to slow hiring in the sector. U.S. manufacturing grew in June at the slowest pace in almost a year and hiring in the sector also slowed.
Greek officials will present the proposed revisions at a euro zone finance ministers' meeting in Luxembourg on Thursday.
First-time claims for jobless benefits in the U.S. fell by 2,000 to a seasonally adjusted 387,000 in the week ended June 16, Labor Department said Thursday, but the overall level still shows a weak labor market.
U.S. stock index futures point to a lower opening Thursday after the Department of Labor's initial jobless claims report, which showed that more people than expected filed for unemployment benefits, and the National Association of Realtors' report on existing home sales.
On May 27, 2010 New York congressman Anthony Weiner destroyed his career with a single tweet. Weiner, who married high-ranking political official Huma Abedin the year before, accidentally posted a lewd photo of himself - that was meant for a 21-year-old college student.
The powerful rate-setting committee of the Federal Reserve decided to extend its current strategy of manipulating the credit markets to artificially depress the cost of long-term financing, a strategy colloquially known as Operation Twist, until the end of the year.
The Federal Reserve on Wednesday extended its monetary stimulus to a U.S. economic recovery that looks at risk of stalling, renewing its effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones.
During these difficult times, extreme measures are needed to keep afloat. Second chances are seems hard to come by especially in terms of employment.
Republican presidential nominee Mitt Romney was blown away by the sandwiches at WaWas, repeatedly mispronouncing the Pennsylvania-based supermarket chain's name as he recounted his first time visiting a WaWa during a campaign stop in Cornwall, Pa. Is the former Massachusetts governor out of touch?
Greece's conservatives are close to forming a coalition government following their narrow election victory, a party official said Monday.
Greeks woke this morning to a confusing result that, while tilting ever so slightly toward the pro-bailout parties, does little to ease the threat of a devastating exit from the euro zone that still hangs over Athens.
The Socialists and their cohorts now control 315 seats in the 577-seat Assembly -- marking the first time in 30 years that Socialists have enjoyed such dominance in the French government.
This week's data releases highlight Wednesday's Federal Open Market Committee (FOMC) statement, which will likely present a dovish tone. However, those who are expecting for the announcement of renewed asset purchases will likely be disappointed.
Saudi Arabia's King Abdullah prepared to bury his former heir, Crown Prince Nayef, on Sunday before naming a new successor at a challenging time for the world's top oil exporter and self-styled steward of Islam.
Daily Caller reporter Neil Munro interrupted President Obama during his speech on the country?s immigration policy on June 15. Now the journalist has clarified what was important enough to interrupt the Commander in Chief?s address.
There are fresh signs the U.S. economy may be caught in a storm fed by a floundering Europe and a slackening China. Weakening demand in both regions appears to be taking a toll on U.S. manufacturing, already the locus of a contracting workforce.