The number of Americans claiming new unemployment benefits dropped to a four-year low last week, bolstering hopes a recent pick-up in job growth will prove lasting.
Stocks took a big step back Thursday after more signs pointing to weakening economic conditions in China and Europe spooked investors to make a run for safety.
Rebook has pulled a controversial ad which read, Cheat on your girlfriend, not on your workout, when an outrage of comments poured in after the photo --and video proof -- went viral on the Internet.
The central bank president told Germany's Bild Zeitung that the ECB will act swiftly to counteract any worsening of inflation. The situation is stabilizing, Draghi said of the euro zone crisis.
The number of Americans claiming new unemployment benefits dropped to a four-year low last week, bolstering hopes a recent pick-up in job growth will prove lasting.
Walt Osterman is the author of Not Home Yet: A Tale Concerning Israel's Rebirth. He served in Vietnam and is a Bronze Star recipient. He lives in Wyoming.
Wall Street fell for a third straight day on Thursday after continued contraction in manufacturing in both the euro zone and China fueled worries about the global economy.
The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction.
The euro zone slid back into recession in March as output fell for the second quarter running, reaching a new three-month low, according to Markit's Eurozone PMI Composite Output Index on Thursday.
The worst of the euro zone crisis is over and the European Central Bank will act if inflation risks grow, ECB President Mario Draghi said in a German newspaper interview released on Thursday, seeking to ease angst in Germany about price rises.
Stock index futures fell on Thursday after manufacturing data in the euro zone and China increased worry about a slowing global economy.
Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.57 percent and Nasdaq 100 futures down 0.58 percent at 1000 GMT.
Asian shares gave back earlier gains Thursday after data showed China's factory activity shrank for a fifth successive month, underscoring concerns about a growth slowdown in the world's second largest economy.
Asian shares inched up Thursday but remained in ranges as investors waited for manufacturing data from China and the euro zone due during this session for more clues about the state of their economies.
Germany's Deutsche Bank AG changed the legal status of its main U.S. subsidiary, Taunus Corp, as a way to avoid injecting billions of dollars of capital into the unit by 2015.
European policy makers have identified a large shortfall in computing and IT skills among young people that threatens to dent Europe's ability to compete and could exacerbate youth unemployment in the coming decade.
John Demjanjuk, the former Nazi guard convicted for his involvement with the deaths of 28,000 people, will be buried in Cleveland, Ohio, the city where he settled after fleeing Germany after World War II.
The move means that banks in Japan and 10 EU nations have been given a six-month break from being cut off from the US financial system while they work to reduce their dependence on Iranian oil.
At speeds even he could barely imagine, Albert Einstein's private papers and innermost thoughts will soon be available online, from a rare scribble of "E=mc2" in his own hand, to political pipe-dreams and secret love letters to his mistress.
Ninety-five-year-old actress and great-aunt of Paris Hilton, Zsa Zsa Gabor, has been in and out of the hospital since the early 2000's. The ailing 95-year-old is making headlines as her much younger husband, Prince Frederic Von Anhalt and her daughter, Constance, Francesa Hilton, prepare to duke it out in court over a conservatorship of Gabor.
Shares of Oracle (Nasdaq: ORCL) rose 2 percent in pre-market trading after the No. 1 database developer reported third-quarter results that beat estimates.They fell later.
Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
