UNEMPLOYMENT

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Freddie Mac: Mortgage Rates Up After Record Lows

An employment report that was better than market expectations helped to lift long-term Treasury bond yields and mortgage rates as well, Frank Nothaft, vice president and chief economist for Freddie Mac, said in a statement.
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A South African child holds a 50 rand note in a file photo

ANC Treasurer General likes weaker rand

The recent weakness of the rand will benefit South African exporters and is positive for the economy, the treasurer general of the ruling African National Congress said on Wednesday.
President Barack Obama

Senate Kills Obama's Jobs Bill, Fails to Get 60 Votes

U.S. President Barack Obama's $447 billion jobs bill was knocked down by the Democrat-controlled Senate on Tuesday, as it received 51 votes but fell short of the necessary 60 votes needed to kill the Republican filibuster.
People wait to vote during the presidential election at a polling station in Liberia

Voting smooth as Liberians choose president

Liberians queued peacefully in the rain on Tuesday for the West African state's second presidential election since its civil war, with incumbent Ellen Johnson-Sirleaf bidding for a second term.
A Sony logo is seen at an unveiling of the company's head mounted display "Personnal 3D Viewer HMZ-T1", in Tokyo

Sony's Holiday Sales Outlook: 'Murky'

Sony Corp sees little cheer in the normally robust year-end shopping season amid global consumer gloom and has few options to cope with the euro's tumble against the yen, a senior official said.
President Barack Obama

Executives Tell Obama How to Create Jobs

President Barack Obama could create millions of jobs by attracting more foreign capital to the United States, helping entrepreneurs and being more aggressive in energy, business leaders said on Monday
Herman Cain

Herman Cain and the Cult of Self-Sufficiency

On issues ranging from racial prejudice to economic inequity, Cain has invoked his own ascendance as a template for success -- and suggested that those who fall short have only themselves to blame.
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Occupy Wall Street: start of a new protest era?

When Paul Friedman met the rag-tag youth camped out near Wall Street to protest inequality in the American economy, he felt he was witnessing the start of a protest movement not seen in America since the 1960s.
Occupy Wall Street Protest Signs

How Big Can the 'Occupy Wall Street' Movement Grow?

As the "Occupy Wall Street" protest becomes a movement, joined in the past two weeks by union workers and environmentalists and acknowledged publicly in legitimacy by President Barack Obama and Vice President Joe Biden, we have to ask the question: How big can the Occupy Wall Street movement grow?
President Barack Obama

Obama Chides Banks, Taps Anger Over Wall Street

President Barack Obama launched an onslaught against banks and Republicans this for working to block financial reform, using a populist tone amid public anger over Wall Street practices.
Canada outshines U.S. with stunning jobs growth

Canada outshines U.S. with stunning jobs growth

Canada churned out a stunning 60,900 jobs in September, once again outshining the United States with an economy that is humming along even as other rich nations struggle with debt and slumping confidence.

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