UNEMPLOYMENT

Michele Bachmann

Bachmann's Iran Embassy Flub: GOP Candidate's Top 10 Gaffes [VIDEO]

Michele Bachmann had yet another oops moment on Nov. 30 when she argued that she would remove the U.S. embassy from Iran if she were president. The problem? America hasn't had an embassy in Iran since 1980. Here, watch the GOP presidential hopeful's top ten gaffes, from her confusion about Libya to the founding fathers.

Oil Dips Below $100 Thursday in Choppy Trading

Oil
U.S. crude futures fell back on Thursday after government data showed that new filings for jobless benefits unexpectedly rose last week to their highest level since late October, a bad sign for oil demand. Oil traded down $1.01 to $99.41 per barrel on Thursday at mid-day.
Europe Stock Markets

Europe's Markets Mixed Thursday at Mid-day

European shares fell in choppy trade on Thursday after data showed new U.S. claims for unemployment benefits rose unexpectedly last week, with some investors booking profits after equities jumped 9 percent in the previous four sessions.
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Selmi Marichi packs popcorn to sell in the shantytown of Pamplona Alta in Lima November 22, 2011. Pamplona Alta, home to thousands of families mostly from the highlands, is one of the poorest places in Lima.

Poverty Rates in Latin America Plunging

Between 1990 and 2010, the rate of poverty rate on the continent plunged from 48.4 percent to 31.4 percent; while the rate of indigence (extreme poverty) dropped from 22.6 percent to 12.3 percent.
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U.S. Holiday Sales Will Rise 4.2 Percent: IHS

A November note from the Conference Board placed consumer confidence in the U.S. at a four-month high of 56.0, from a low of 40.9 in July. Most startlingly, however, the Consumer Confidence Index (CCI) soared to its largest month-over-month percentage gain since April, 2009 and its largest single points gain since April, 2003.
Eurozone

Is the Eurozone Set to Plunge Into Deep Recession?

The Eurozone seems all set to enter a period of deep recession, with the credibility of governments' ability to keep the region in balance under serious doubt. The Organisation for Economic Co-operation and Development (OECD) has already issued a warning that Eurozone and U.S. leaders must act urgently to stop their debt crises from spiralling out of control.
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Saddest Cities in U.S. Are St. Petersburg, Detroit and Memphis: Report

St. Petersburg, Fl., is apparently the saddest city in America, with Detroit, Mi. not far behind, according to a study by Men's Health magazine, which used data such as unemployment and suicid rates, antidepressant usage and the number of people who actually admitted to depression.
While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this p

President Obama’s Job Rating Lower Than Jimmy Carter’s

While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this point in his term, even presidential pariah Jimmy Carter did better.
Rick Perry

Rick Perry Says Voting Age is 21, 10 Other Funny Gaffes (VIDEOS)

In a speech at St. Anselm College in Manchester, N.H., on Tuesday, Rick Perry seemed to mix up the voting and drinking ages -- not to mention the date of the coming election. It was a slip of the tongue, not a substantive gaffe -- nobody really thinks Perry doesn't know the voting age -- but it was one of many YouTube-worthy moments of the Republican primary race.
us bank reliacard

No Fees for Oregon U.S. Bank ‘ReliaCards’ under New Agreement

Oregonians who get jobless and child support payments via ReliaCards will be able to receive free and unlimited point-of-sale, bank teller and U.S. Bank ATM transactions, under a new fee structure reached by Oregon Treasure Ted Wheeler and U.S. Bank.
Senate Majority Leader Harry Reid

Democrats Push Payroll Tax Cut Amid Budget Showdown in Congress

New legislation introduced by Senate Democrats on Monday would prolong and increase a payroll tax cut pushed by President Barack Obama, while introducing a de facto millionaire's tax. The proposal is the first step in what will likely be a prolonged budgetary battle on Capitol Hill.
Saturated fields are seen near Saskatoon

Saskatchewan trims surplus; potash revenue surges

The Western Canadian province of Saskatchewan said on Monday its budget surplus for 2011-12 will be less than a quarter of what it had forecast, due in part to a summer of severe flooding.
Protesters celebrate after they evaded eviction at the 12.01am deadline outside City Hall at the Occupy LA encampment in Los Angeles

Police and Occupy LA protesters skirmish

Police in riot gear closed in before dawn Monday on anti-Wall Street activists who defied a midnight deadline to vacate an 8-week-old encampment outside Los Angeles City Hall, but the police later pulled back.
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Police and Los Angeles protesters skirmish

Police in riot gear closed in before dawn Monday on anti-Wall Street activists who defied a midnight deadline to vacate an 8-week-old encampment outside Los Angeles City Hall, but the police later pulled back.
U.S. Job Market

Five Ideas to Create U.S. Jobs

The stark truth of the matter is that unless the private sector starts hiring en masse (including non-profit organizations), absent a surge in exports, it will be up to the public sector to provide stimulus to create jobs.
ANZ Survey: August Dipping Job Ads Signal Soaring Unemployment in Months Ahead

Modest Job Gains Expected in Early 2012

The past Black Friday weekend saw record breaking sales figures as consumers are feeling more comfortable to purchase again. Job market outlook for early 2012 could provide another gentle boost to consumer spending, which accounts for as much as 70 percent of all U.S. growth.
France's President Nicolas Sarkozy (R) and Germany's Chancellor Angela Merkel attend a joint press conference on the eve of a G20 summit of major world economies in Cannes

Germany, France Eye Eurozone Pact, Markets Hopeful

Germany and France stepped up a drive on Monday for intrusive powers to reject national budgets in the Eurozone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain.

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