New applications for unemployment benefits dropped to a 2-1/2-year low last week, pointing to a stronger footing for the labor market as the economic recovery gathers momentum. The fall in claims reported by the Labor Department on Thursday partly reflected the unwinding of a weather-related spike in late January but analysts said it was consistent with other indicators suggesting a strengthening labor market.
The mayor of New York City, Michael Bloomberg, has offended some Irish-American leaders after making some comments referring to drunkenness among the Irish, a month ahead of St. Patrick’s Day.
Despite much hype surrounding the Verizon iPhone launch, few customers were spotted purchasing the device this morning.
With the Evo 4G leading the way, Sprint received its first subscriber gain in four years during the fourth quarter of 2010.
Gold eased below $1,360 an ounce in Europe on Thursday as the rising dollar pressured prices, and with Asian buying still light after the Lunar New Year holidays.
A strike by employees of Pakistan’s national airline carrier has severely disrupted air travel in the country and stranded thousands of travelers around the world.
Chipotle Mexican Grill Inc, now in the midst of a widening federal crackdown on its undocumented work force, warned investors a year ago that it was subject to immigration audits and that it may have been employing workers in the country illegally.
Even signs of the seat being lost do not deter enthusiasts
A group of 100 faculty members has written to the Orange County district attorney requesting him to drop the charges against the students, saying that they have already been sufficiently penalized and disciplined by the University administration for their misdemeanor.
The Hong Kong stock exchange said on Thursday it will consider international alliances after Deutsche Boerse and NYSE Euronext announced plans to form the world's biggest trading powerhouse.
A married New York congressman accused of sending a shirtless photo of him and flirty messages to a woman has abruptly resigned from his seat on Wednesday.
Rep. Chris Lee, R-NY, has resigned, saying he regretted the harm that my actions caused his family, staff and constituents, on the same day that an online publication published a story alleging he corresponded with a woman who posted a personal ad on Craigslist, sending a shirtless photo of himself.
Anthony Borgese, who uses the stage name Tony Darrow, pled guilty in Brooklyn federal court to one count of participating in an extortion conspiracy to collect a debt.
The New York Stock Exchange (which also owns Euronext) and Germany’s Deutsche Borse have said they are in advanced talks to merge in a transaction that would result in the biggest stock exchange in the world valued at $24-billion.
When competitors shut down payments to WikiLeaks after the controversial website released a slew of sensitive U.S. diplomatic cables, Sharif Alexandre refused to join the boycott. The Egyptian-born entrepreneur and founder of Xipwire - a Philadelphia-based mobile payments startup - stood opposed to PayPal and Amazon and let customers continue making donations via cellphones.
Mark Sanchez has an alleged sexual relationship with a 17-year-old girl. But the quarterback isn't in any legal trouble because of it.
The World Car Awards' jury announced the Top 10 finalists for World Performance Car of the Year in preparation for the 2011 World Car Awards winners’ press conference. See a slideshow of these sexy sports cars here.
It's the time of year again when all fashion enthusiasts come together for a week-long celebration of couture in New York. Mercedes-Benz Fall 2011 Fashion Week runs from Feb. 10 through Feb. 17.
U.S. job openings slipped in December, a government report showed on Tuesday, but a decline in layoffs supported views of a gradual labor market recovery. Job openings, a measure of labor demand, eased 139,000 to a seasonally adjusted 3.1 million, the Labor Department said in its monthly Job Openings and Labor Turnover Survey.
Prince William's bride-to-be, Kate Middleton, has de-throned Lady Gaga as the top fashion buzzword for the fashion season that starts in New York on Feb 10, according to a survey released on Tuesday.
Gold held close to the previous session's near three-week high in Europe on Wednesday, supported by an increased focus on inflation after China's second interest rate hike in six weeks.
American International Group, Inc. said it expects to record a $4.1 billion charge in the fourth quarter to boost the loss reserves in its Chartis property and casualty insurance subsidiaries.
