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The angry mob battling the police in their riots gear at the heart of Moscow screamed, Russia for Russians! The slogans spread to the Country's second largest city of St. Petersburg. In rather a dramatic fashion, the death of one Russian football fan sparked riots that soon engulfed the whole of the country. Local media has been reporting that city centers have been shut time and again and roads were frequently blocked, over the past couple of days, following sporadic incidents.

U.S. companies are turning profitable again, they have stockpiles of cash and the economy is teetering on its new 'recovery' legs as the government pumps in billions of dollars trying to keep it afloat. Yet, the one thing that is crucial to the recovery is not happening - job creation - as companies remain reluctant to hire.

Obama's tax cut plan is a done deal now. By cutting taxes and increasing spending, it is essentially a fiscal stimulus package for the next two years that will boost GDP growth, create jobs, and add to the budget deficit.

New York City private employers hired 14,000 workers in November, outpacing New Jersey, whose governor just one day ago took credit for the addition of 9,300 employees.

Stock index futures were slightly higher on Thursday as investors awaited data on jobs and housing and corporate earnings from bellwether FedEx for signs of improvement in the economy.

Social unrest in China has significantly increased this year, with people in small towns and rural areas particularly unhappy with their lives, according to a study by the Chinese Academy of Social Sciences (CASS), a Chinese think-tank.

Apple has launched its first iAd for iPad, the upcoming sci-fi Disney flick Tron Legacy, after launching the iAd feature in April.

British people in mid-career (those between the ages of 35 and 49) are losing out on new jobs and younger or older workers obtain the bulk of newly-created positions, according to s study from the UK’s The Chartered Institute of Personnel and Development (CIPD).

5 promising MBA destinations that aspirants eyeing a career in the industry could consider

TJX Companies Inc will shut down its A.J. Wright clothing stores, cutting about 4,400 jobs and taking a charge of $150 million to $170 million, as it focuses on its core off-price retail brands like T.J. Maxx and Marshalls.

Ford Motor Co plans to add 1,800 autoworker jobs and invest $600 million to overhaul its Louisville Assembly Plant in Kentucky, which will make the next generation of its Escape small SUV.

Stocks rose modestly on Thursday after encouraging labor market data renewed optimism the fragile economic recovery was track, but gains were limited by a decline in the euro.

Stock futures rose modestly on Thursday as Treasuries steadied after a jump in yields, while data on the labor market was expected later in the morning.

Longer-term, the potential impact of the tax cuts upon the stock market and economy remain rather fuzzy, given the multitude of other issues facing investors, including perpetually high unemployment in the U.S., a seemingly never-ending sovereign debt crisis in Europe and constant friction with China over trade and currency.

Tax cuts and increased government spending designed to support and grow the economy are fiscal stimulus measures. President Obama's compromise with the Republicans will give America both.

The number of job openings in the U.S. climbed to 3.4-million at the end of October, up from 3-million in the prior month, according to data from the Labor Department.

Europe's biggest carmaker Volkswagen AG plans to hire around 50,000 workers worldwide in the medium-term, including 5,000-6,000 in Germany by 2015.

The United States is expected to see weak employment prospects though employers expect the modest hiring pace to continue in the first three months of the year, a survey reported.

S&P 500 Index slid 3.63 points, or 0.31 percent, to trade at 1,220.95 at 09:55 a.m. EST. The Dow Jones Industrial Average is down 30.08 points, or 0.26 percent, to trade at 11,352.01. The Nasdaq Composite Index fell 0.28 percent to trade at 2,584.64.

During the negotiations (with the U.S.), I did not think of Yeonpyeong Island or the USS George Washington. I have just mulled over the benefits and losses in terms of trade, South Korean trade minister Kim Jong-hoon said, apparently to refute criticism that Seoul gave away ground to the U.S. in the aftermath of the geopolitical crisis precipitated by last week’s shelling by North Korea on South’s islands.

Futures on the S&P 500 are down 0.30 percent to 1,219.80, futures on the Dow Jones Industrial Average are down 0.21 percent to 11,340.00 and Nasdaq100 futures are down 0.19 percent to 2,183.00.