JOBS

It seems that Ashton Kutcher is trying to change his status as a spotlight lover and be recognized as a brilliant actor instead.

Network equipment maker Cisco Systems said on Monday that it plans to cut about 1,300 jobs as part of ongoing efforts to restructure the company.

Investors can monitor five stats to obtain a reading on the U.S. economy’s strength. Currently, these stats show a slowdown in U.S. GDP growth, which is why Congress should do more to create jobs and help increase the economy’s growth rate.

The head of the world's most powerful central bank said it stands ready to offer additional monetary support to a U.S. economy that has slowed significantly in recent months, U.S. Federal Reserve Chairman Ben Bernanke told lawmakers on Tuesday.

The U.S. is currently in a recessionary cycle and, no matter what they say, there's nothing policymakers can do to stop that. That's according to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute.

LinkedIn (NYSE: LNKD), the leading professional social networking site, lost as much as 6 percent of its value Monday on a report that Facebook (Nasdaq: FB), the No. 1 social networking site will start direct competition.

Asian markets fell Monday as investor sentiment turned negative with economic data from Japan and the U.S. indicating the faltering economic growth.

Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.

While American politicians such as U.S. Sen. Kirsten Gillibrand, D-N.Y., are pushing to expand federal tax breaks for small businesses, the U.K. government has already announced a move to help early-stage businesses find new means of financing: tax relief for private investors.

Although Friday's closely watched June jobs report missed expectations, analysts are looking on the bright side: Income and hours worked both rose and the country's job market is still growing, despite global turmoil.

Asian stock markets declined Friday as investors remained cautious ahead of U.S. employment data due later in the day while major central bank?s actions to stimulate the global economy failed to calm market jitters.

President Obama and Mitt Romney are both campaigning on a promise to revitalize the economy, but a new poll of economists offers a gloomy forecast for the next presidential term no matter who is in the White House.

Apple has released the film Steve Jobs: The Lost Interview, which features nearly 70 minutes of unedited, never-before-seen footage of a conversation between the iconic Apple founder and technology expert Robert X. Cringely, is now available on the iTunes Music Store for $3.99.

A federal court has defended the Obama administration's unprecedented push to limit greenhouse gas emissions, laying down a marker in the debate over the limits of environmental regulation.

Microsoft has always been known as a software company, but that perception changed on Monday when the company unveiled its first-ever tablet in Los Angeles. Even though Apple popularized the tablet genre with the iPad, Microsoft's Surface tablet will directly compete with the bestselling tablet, as it is slightly thinner, features a bigger screen, and it can also do several things the iPad can't do, such as type well or sit up straight.

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.

A majority of Americans still believe former President George W. Bush is responsible for the sagging economy, according to a new Gallup poll.

The U.S. natural gas industry will create 1.5 million jobs by 2015, in large part because of the surge in production from unconventional shale beds that require hydraulic fracturing, according to an IHS study released Wednesday.

The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.

Logitech International Logitech International SA (Swiss: LOGN), the Swiss computer mouse maker, said Friday it will eliminate about 13 percent of its workforce, or 450 jobs, as part of its restructuring program after lowing profit outlook three times in less than a year.

The performance of the non-manufacturing sector against the backdrop of the release of the non-manufacturing (NMI) index.