General Electric Co., the blue-chip U.S. conglomerate widely seen as a bellwether of the state of the American economy, is going on a hiring spree. The company is set to employ 12,000 new workers over the next five years, including 5,000 veterans hired through a special priority-placement program, GE said Monday.
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
U.S. stock markets may begin the week with gains as stocks in Asia and Europe advanced after Greek parliament approved austerity measures demanded by Eurozone leaders to secure a bailout package and avoid a messy debt default.
The employment outlook in the UK is set to worsen as a third of private sector companies are planning to make redundancies.
The parliament of Greece has approved an austerity and debt-relief bill, crucial for the country to avoid bankruptcy while violence has spread across the nation as furious protestors are demonstrating in the streets.
Greek lawmakers late Sunday accepted terms of a deeply unpopular austerity plan that Eurozone leaders demanded as the price for financially rescuing the debt-choked nation.
Tens of thousands of protesters took to the streets in several nations this weekend demanding political justice, economic opportunity, and a change to the status quo. Demonstrators -- who powered the Arab Spring, the worldwide Occupy protests during the summer, and the anti-austerity marches of the European autumn -- are back on the streets in a winter of discontent.
Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control this week.
Greek lawmakers looked set to agree to a deeply unpopular bailout deal on Sunday to avert what Prime Minister Lucas Papademos warned would be economic chaos, and Germany demanded Greece dramatically change its ways to stay in the euro.
Kohl's Department Stores has introduced Kohl's Cares Scholarship Program which will award more than $420,000 in scholarships and prizes, ranging from $50 Kohl's gift cards to $10,000 scholarships, to more than 2,200 young volunteers who have made a positive impact on their communities.
Greek lawmakers looked set to agree to a deeply unpopular bailout deal on Sunday to avert what Prime Minister Lucas Papademos warned would be economic chaos, and Germany demanded Athens dramatically change its ways to stay in the euro.
More than 100,000 people packed Lisbon's vast Palace Square on Saturday in the largest rally against austerity and economic hardships since Portugal resorted to a European Union/International Monetary Fund bailout last May -- and organizers vowed to step up protests and labor action.
U.S. overspending on the military has diverted resources from civilian / social investments, including public goods, weakening the U.S. economy, and, by extension, weakening the nation.
According the Indian Health Services, the rate of alcoholism among Native Americans is six times the U.S. average.
Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control next week. There are a number of catalysts that have helped the market this year, including a slew of improved economic data and the Federal Reserve's vow to keep interest rates low.
Greece's prime minister struck back at critics in a letter to his Cabinet Friday evening, delivering a rousing plea in which he asked Greek government officials to coalesce behind a new ambitious but achievable program of fiscal austerity; however, the letter acknowledged that would be difficult politically, difficult economically, and socially difficult.
The fiscal 2013 budget President Barack Obama will present to Congress on Monday will include hundreds of billions in infrastructure spending and a projected deficit of $901 billion, or about 5.5 percent of the nation's gross domestic product.
The historic streets of Athens are the site of much mayhem and political theater as tens of thousands of Greek citizens have taken to the street to demand their government cancel further austerity measures.
The Philadelphia Federal Reserve released a survey Friday that suggests the employment rate will drop further as 2012 progresses. Currently the unemployment rate in the country hovers near 8.5 percent.
Chris Mok, like many Americans over the past few years, lost his job in the wake of the Great Recession.
French President Nicolas Sarkozy is up for re-election this year. He faces stiff competition from both the Socialist Party and the extreme right National Front. With France's economy in shambles, Sarkozy's re-election prospects look slimmer every day.
Thanks to expansive oil fields and a reservoir of millions of barrels of crude, Nigeria is the third-richest country in Africa. But due to corruption, poor wealth distribution, and lack of infrastructure, the nation's people suffer from staggering rates of poverty.
