UNEMPLOYMENT

Spain's PM Rajoy holds a news conference at the end of a European Union leaders summit in Brussels.

Spain To Meet EU Budget Deficit Demands

Spain announced it will adhere to budget cuts demanded by the European Union, ending the first tussle over new, stricter budgetary rules within the trading bloc.

Greece Needs To Cut Spending More: EC

Greece
Greece will have to slash a further 5.5 percent of GDP in government spending in 2013 and 2014 to meet agreed fiscal targets underpinning the second international bailout for Athens, a European Commission report said.
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Stock Index Futures Signal Gains Ahead Of Fed

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.56 percent, Dow Jones futures up 0.45 percent and Nasdaq 100 futures up 0.54 percent at 0949 GMT.
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Greek debt swap could be short-lived reprieve

Greece's deep recession and unpredictable elections threaten to turn the biggest debt restructuring in history into yet another short-lived reprieve, although the existential threat posed to the euro zone is not what it was.
France's President Sarkozy delivers his speech on the euro zone financial crisis in Toulon

Sarkozy Lashes Out At Free Trade, Immigration

President Nicolas Sarkozy, recasting himself as France's savior from low-cost competition and high immigration, threatened to disregard European limitations on protectionism as he sought to give his re-election campaign a second wind Sunday.
Applicants Fill Out Forms During a Job Fair at the Southeast LA-Crenshaw WorkSource Center in Los Angeles

Weekly US Economic Snapshot: How Are We Doing?

The economic picture got considerably messier this week, as positive data on job creation battled with gasoline-price-fueled inflation concerns in economists', policymakers' and consumers' minds. Joyous declarations that the economy is finally getting better have turned into more studious critiques of how the incipient recovery is actually affecting poor, working-class and middle-class people.
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Demand For 'Survival Services' Rises In U.S. Cities

Many cities across the United States are still scrambling to help their residents overcome the economic recession that officially ended more than two years ago, according to a survey released on Friday by the National League of Cities.
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Wall Street higher after jobs data

Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.
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Futures Edge Lower Ahead Of Jobs Report

Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.
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$1 Million Lottery Winner Barred From Collecting Any More Food Stamps

Amanda Clayton, a Detroit woman who made headlines after admitting that she still collected food stamps despite a million dollar lottery win, has now been removed from the food assistance program. Officials from the Michigan Department of Human Services confirmed that Clayton officially will not receive $200 a month in benefits, MSNBC reported.
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Jobless claims rise 8,000 last week

New claims for unemployment benefits unexpectedly rose last week, a government report showed on Thursday, but not enough to change perceptions that the labor market was strengthening.
8. Frankfurt

German Jan. Industrial Output Beats Expectations

Germany's industrial output rose 1.6 percent in January, according to data released by the nation's Economy Ministry Thursday, beating expectations through a jump in construction and manufacturing output and raising hopes Europe's largest economy will bypass a recession.
Traders on the floor of the New York Stock Exchange

Wall Street rises on optimism Greek deal near

Wall Street opened higher on Thursday as strong uptake by investors in Greece's debt swap fed optimism a deal could be completed by a deadline later in the day, staving off a messy default.

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