UNEMPLOYMENT

Asian stock markets rallied Monday as better-than-expected jobs data from the U.S. and optimism at European action to boost the faltering regional economy buoyed sentiment.

Asian markets rose Monday after the encouraging news from the U.S. that the economy was regaining momentum to a certain extent and that Greece was showing improvement in complying with bailout requirements.

Republican presidential candidate Mitt Romney said on Sunday that a fresh round of monetary stimulus from the Federal Reserve would not help the fragile U.S. economy.

Asian stock markets ended with gains last week as the speculation of further stimulus measures from the major central banks offered support. However, markets pared gains after policy makers in the U.S. and Europe failed to offer any new stimulus measures needed to bolster growth. Particularly, the lack of concrete new action by the European Central Bank weighed on the sentiment.

The Fed will drop its wavering plans for a fresh spate of monetary stimulus measures, according to Bernard Baumohl, chief global economist at the Economic Outlook Group.

Next week will be a reasonably quiet one for both the U.S. and the euro zone, but China will be dumping a whole bunch of macro data for July .

A first glance, Friday's better-than-expected U.S. jobs report might have offered a glimmer of hope after four straight months of dismal jobs numbers. But devil is in the details.

Another month of inadequate job growth allows prospective Republician Party Mitt Romney to double down on the tactic that has so far defined his presidential campaign: keep the focus on President Barack Obama.

The U.S. government's report Friday that 163,000 jobs were created last month, far more than expected, sparked a risk-on sentiment among investors.

Supreme Leader Ayatollah Ali Khamenei warned that the birth control program, in place for the past 20 years, has outlived its purpose.

More than 35 years after Franco’s death, the generalissimo remains a divisive figure -- detested by liberals and socialists, ignored by many, but revered by an ever-diminishing group of right-wing admirers.

U.S. stock index futures point to a higher opening Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls report and unemployment report.

Health minister Marzieh Vahid Dastjerdi told Iranian reporters that the government will now spend 190 billion rials (about $15 billion) to encourage Iranians to have larger families.

President Barack Obama and presumptive GOP candidate Mitt Romney shifted their election campaigns to some heavily contested states this week, where polls show Democrats have a narrow lead.

The number of Americans lining up for new jobless benefits last week rose less than expected, the Labor Department said Thursday, partly reflecting the volatility of applications during the annual auto-plant retooling period.

Looking for a job with higher pay and superior benefits? Well, unfortunately, those are becoming "endangered species."

U.S. stock index futures point to a higher opening Thursday with investors keeping a close watch on the European Central Bank meeting later in the day, which is expected to announce stimulus measures to revive the economic growth.

Asian shares eased Thursday as investors turned increasingly cautious with hopes of stimulus action by central banks fading ahead of a European Central Bank's meeting later in the day and after the U.S. Federal Reserve took no action a day earlier.

Unconventional times require unconventional measures, and with the U.S. economy growing at a truly tepid rate, perhaps it's time to try an innovative fiscal stimulus proposal recommended by an economist about three years ago.

Members of Greece's far-right nationalist Golden Dawn party were out in full force Wednesday handing out free food to the needy, so long as they could provide the appropriate documentation to prove they were Greek citizens.

Thalia Paraskeva, 24, was getting increasingly desperate. Equipped with a degree in graphic design from Athens, she had no luck finding a job in Greece. One day, she booked a ticket to Berlin and swiftly packed some dresses, a jacket, a pair of snug boots and a Greek-German dictionary before boarding the plane.