UNEMPLOYMENT

The U.S. Federal Reserve Wednesday announced it will sell $400 billion worth of short-maturity bonds and reinvest in bonds with maturities of 6 to 30 years by the end of June 2012, in a program commonly referred to as Operation Twist.

While the high U.S. unemployment rate is an ongoing challenge for many people, Illinois-based Aspiritech, a nonprofit, seeks a particular group of adults to test a new software -- those with Autism.

Top Congressional Republicans on Tuesday took the unusual step of telling the Federal Reserve to refrain from further intervention in the economy on the eve of the central bank's policy decision.

It used to be the third rail of politics: untouchable. A politician could hardly suggest reforming Social Security without triggering a tremendous popular backlash. But now, the idea of eliminating Social Security altogether has entered mainstream discourse.

Investments in energy-saving building retrofits and clean-energy projects can create hundreds of thousands of jobs and bolster the U.S. economy, former U.S. President Bill Clinton said on Tuesday.

About 2.8 million jobs, both in manufacturing and high-tech fields, have been lost as a result of the growing U.S. trade deficit with China since Beijing's entry into the World Trade Organization in 2001, said an EPI study, which was denounced immediately by the US-China Joint Business Council.

The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering U.S. recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.

Greece pledged to bring forward painful austerity measures on Tuesday, convincing international lenders to return to Athens early next week for talks that it hopes will secure the aid it needs to avert bankruptcy.

The number of people employed in South Africa's formal sector increased slightly in the second quarter, with the mining and retail sectors among those that added jobs.

California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.

California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.

China must reduce barriers to foreign companies if it is to meet its own development goals, the U.S. ambassador said in Beijing on Tuesday in a speech that reflected foreign investors' growing frustration with the pace of economic reforms in the country.

Starbucks' (SBUX) Chief Executive Officer Howard Schultz said instead of giving money to politicians, CEOs should use the money to create more jobs. Earlier this summer, Schultz urged corporate America to withhold campaign contributions until Congress passed a better, substantive plan to cut the budget deficit.

Study shows that child abusive head trauma increased during economic recession.

Albertsons, Ralphs and Vons remained in talks with the union representing 62,000 Southern California supermarket workers as the deadline for canceling their labor contract passed on Sunday evening.

Wall Street hopes for more Fed action and clear signs European leaders will follow through on their new urgency to tackle the euro zone debt crisis if U.S. stocks are to build on their best week since early July.

President Barack Obama will unveil a plan to cut the U.S. deficit by about $3 trillion over the next decade with nearly half of the savings coming from tax increases.

Republican leaders have officially come out against all of the main proposals in President Obama's jobs plan -- including the tax cuts. But if tax cuts for small businesses are now off the table, it's unclear what the Republican alternative is.

The fact of the matter is that violent crime in the United States has been falling across the board for at least the past five or six years.

Brown explained that the financial woes in Europe are, at their essence, a crisis in banking, not debt.

The pact remains subject to approval by the union’s rank-and-file membership.