HSBC <0005.HK> , Europe's biggest bank, is to cut 3,000 jobs in Hong Kong over the next three years as it targets its first wave of an aggressive cost-cutting plan on five countries.
President Barack Obama's anticipated jobs speech is still more than a day away but already it's causing a controversial rift among Republican and Democratic leaders. Republicans have decided not to give a rebuttal to the Obama's speech Thursday before Congress, and House Democratic Leader Nancy Pelosi says the lack of response will be disrespectful to the President and to the American people.
President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans some $300 billion in tax cuts and government spending as part of a job-creating package, U.S. media reported on Tuesday.
In his Thursday address, President Barack Obama is expected to call for extensive tax incentives as part of his administration's plan to jump-start job growth, which has ebbed in recent months as the originally stimulus ended. However, the plan faces an uphill battle in House, where ruling Republicans are likely to oppose it.
Republican residential candidate Mitt Romney unveiled an economic revitalization plan on Tuesday that relies heavily on paring back tax rates, reducing regulation and overhauling trade policy.
The dominant services sector picked up steam unexpectedly last month, snapping a three-month streak of slower growth, though a slower pace of hiring underscored concerns about the broader job market.
Teenagers hung out on street corners and on the steps of boarded-up buildings in impoverished downtown Newburgh one blisteringly hot August day this year.
Mitt Romney's jobs plan that he plans to announce Tuesday likely has received some input from advisers of another familiar politician: George W. Bush.
President Barack Obama hinted in a Labor Day address that he could use Thursday's highly anticipated speech on job creation to unveil an initiative to restore the nation's deteriorating infrastructure.
In honor of Labor Day and following reports that the U.S. economy added zero jobs in August, Americans are wondering what their futures hold in the workforce. View the slideshow to see the 10 in demand jobs with high salary in America.
With more than a million unemployed construction workers across the nation, President Barack Obama on Monday said he intends to spend to rebuild America's infrastructure and boost hiring, which will be key components of a plan he is working on to stimulate the U.S. economy.
Obama is under extreme pressure after the Bureau of Labor Statistics reported last Friday that the economy added zero jobs in August.
President Barack Obama previewed proposals on Monday for new infrastructure spending and an extension of payroll tax cuts as part of a major jobs package he will unveil this week, and challenged Republicans to find common ground with him.
President’s speech in Detroit rallies supporters.
Here are numbers showing job losses.
Facts about the upcoming Steve Jobs biography.
The true unemployment figure in the city might be as high as an astounding 50 percent.
DeMint declined to declare who the Republican favorite is now.
TechAmerica reports technology employment is falling. Who will make products consumers crave?
If high-risk stock Sprint can snare Apple's iPhone 5 this autumn, the company and the stock's day will have finally arrived.
Only people can solve consumer complaints
Now that has resigned at Apple's CEO, it's time to recognizing the world's new reigning tech freak geek leader. There was only one clear heir apparent to the post, and really no discussion at all is required in naming Amazon founder and CEO Jeff Bezos to the honor.Jobs is credited as arguably the world's all-time great innovating CEO. He helped launch the Mac computer. He created iTunes, the iPhone smartphone and the iPad tablet. But Bezos has hire share of tech obsessions and ac...