UNEMPLOYMENT

U.S. Treasury Secretary Timothy Geithner speaks at the Charlotte Chamber of Commerce in Charlotte

Geithner Denies Administration is Hostile to Banks

Treasury Secretary Timothy Geithner sought to calm fears that the Obama administration's bank reforms were hostile to the U.S. financial industry, saying on Wednesday the reforms were "tough where they need to be tough."
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A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt

Europe Poses Global Recession Threat: IMF

Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
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Job market hurt teens most: study

U.S. workers suffered many more job losses during the 2007-2009 Great Recession than in downturns over the past 30 years, and fewer than half got another position within six months of the recession's official end, researchers said on Tuesday.
Mitt Romney Wins Arizona and Michigan 2012 Republican Primaries

Humbled Romney Vows to Release Tax Returns

Humbled by a stunning loss in South Carolina, Mitt Romney said on Sunday he would release this week the tax returns demanded by rivals as he bids to regain the upper hand in the volatile Republican presidential race.
Republican Debate

Republican Debate Recap: Highlights from South Carolina

In case you missed the Republican presidential debate in Charleston, S.C., Thursday night, here are the highlights, from Newt Gingrich's opening tirade against moderator John King of CNN to Ron Paul's defense of leaving abortion laws to the states.
Initial Jobless Claims

U.S. Jobless Claims Falls to Nearly 4-Yr Low

The number of Americans filing for new jobless benefits dropped to an almost four-year low last week, and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.

Davos Agenda: Economic Growth, Jobs, Protectionism

Economic growth, jobs and protectionism are the top three worries at the start of 2012, according to a Call to Action published by 11 leaders of international organizations on Friday in a bid to kick-start debate at next week's Davos Forum.
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Wall Street Shed 2,000 Jobs in December

Wall Street axed 2,000 workers in December as poor profits led companies to slice expenses, the biggest reduction since last summer when the industry released its summer interns, James Brown, a labor market analyst with the New York Department of Labor, said on Thursday.
Analysis: Canada's star fades as economy faces tough...

Canada's Star Fades as Economy Faces Tough 2012

Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set to end this year, when it will likely underperform the U. S. for the first time in seven years and struggle with a mounting household debt problem.
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Gold Prices Inch Lower after 2-Session Gain

Gold for February delivery, the most actively traded contract on the Comex, fell $9 to settle at $1650.9 an ounce. Early in the day, the price hit a fresh five-week high.
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U.S. Economy Improves but Obstacles Remain

The number of Americans filing for new jobless benefits dropped to a near four-year low last week and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.

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