Romney Says Federal Reserve Should Not Provide Additional Stimulus For US Economy
Republican presidential candidate Mitt Romney said on Sunday that a fresh round of monetary stimulus from the Federal Reserve would not help the fragile U.S. economy.
Asian Stocks Week Ahead: Investors To Focus On Chinese Data
Asian stock markets ended with gains last week as the speculation of further stimulus measures from the major central banks offered support. However, markets pared gains after policy makers in the U.S. and Europe failed to offer any new stimulus measures needed to bolster growth. Particularly, the lack of concrete new action by the European Central Bank weighed on the sentiment.
Fed To Come Up With A Fresh Revival Strategy in September: Analyst Insight
The Fed will drop its wavering plans for a fresh spate of monetary stimulus measures, according to Bernard Baumohl, chief global economist at the Economic Outlook Group.
US International Trade, China July Data Dump: Economic Events For Aug. 6-10
Next week will be a reasonably quiet one for both the U.S. and the euro zone, but China will be dumping a whole bunch of macro data for July .
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US Stock Futures Signal Higher Open Ahead Of Nonfarm Payrolls, Unemployment Report
U.S. stock index futures point to a higher opening Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls report and unemployment report.
Iran Scales Back Birth Control Programs, Seeks Baby Boom
Health minister Marzieh Vahid Dastjerdi told Iranian reporters that the government will now spend 190 billion rials (about $15 billion) to encourage Iranians to have larger families.
Obama, Romney Face Off In Battleground States As Congress Stalls On Taxes
President Barack Obama and presumptive GOP candidate Mitt Romney shifted their election campaigns to some heavily contested states this week, where polls show Democrats have a narrow lead.
US Initial Jobless Claims Rise To 365,000
The number of Americans lining up for new jobless benefits last week rose less than expected, the Labor Department said Thursday, partly reflecting the volatility of applications during the annual auto-plant retooling period.
Where Have All The "Good" Jobs Gone?
Looking for a job with higher pay and superior benefits? Well, unfortunately, those are becoming "endangered species."
US Stock Futures Signal Higher Open Ahead Of ECB Decision
U.S. stock index futures point to a higher opening Thursday with investors keeping a close watch on the European Central Bank meeting later in the day, which is expected to announce stimulus measures to revive the economic growth.
Asian Shares Slip After Fed Inaction And Ahead Of ECB Meeting
Asian shares eased Thursday as investors turned increasingly cautious with hopes of stimulus action by central banks fading ahead of a European Central Bank's meeting later in the day and after the U.S. Federal Reserve took no action a day earlier.
Unconventional Economic Times Require An Unconventional Stimulus Tactic
Unconventional times require unconventional measures, and with the U.S. economy growing at a truly tepid rate, perhaps it's time to try an innovative fiscal stimulus proposal recommended by an economist about three years ago.
Free Food, But Not For Foreigners: Greece's Neo-Nazis Exploit Economic Misery
Members of Greece's far-right nationalist Golden Dawn party were out in full force Wednesday handing out free food to the needy, so long as they could provide the appropriate documentation to prove they were Greek citizens.
Greeks Pack Off To Germany In Droves
Thalia Paraskeva, 24, was getting increasingly desperate. Equipped with a degree in graphic design from Athens, she had no luck finding a job in Greece.
One day, she booked a ticket to Berlin and swiftly packed some dresses, a jacket, a pair of snug boots and a Greek-German dictionary before boarding the plane.
Spain Seeking To Erase Francisco Franco From Its Conscience
More than thirty-five years after Franco?s death, the generalissimo remains a divisive figure.
Fed Officials Stand Pat But Ready To Act If Needed
The Federal Reserve on Wednesday offered a gloomier view of the economy as the labor market showed no sign of improvement since its last meeting. However, despite mounting signs of a sharp slowdown in the U.S. economy, central bank officials decided to take more time to make up their mind and refrained from enacting another monetary stimulus.
Despite Oil Reserves And Billions In International Aid, Iraq's Economy Falters
The financial situation in Iraq, one of the world's largest reservoirs of crude oil, has become grave.
July Private-Sector Added 163,000 Jobs: ADP
The U.S. private sector added more jobs than forecast in July, ADP reported on Wednesday, giving the market some relief after three sluggish months as it awaits Friday's government employment report.
US Pledges Support For Tunisia Amid Rising Extremism
U.S. Defense Secretary Leon Panetta praised Tunisia's transition to democracy Monday and said the U.S. is prepared to provide the country with economic and military support.
White House Numbers On GDP Growth Optimistic Even By White House Standards
The numbers released by the White House Friday on a Friday report of the future direction of the U.S. economy look optimistic when compared to economist predictions also included in the report.
US Unemployment Rate Likely Stuck At 8.2% in July, With Tepid Job Gains
The jobless rate in the U.S. has stubbornly remained above 8 percent for more than three years, and the labor market likely saw little improvement in July, economists say in anticipation of the July nonfarm payrolls report due Friday.
Mitt Romney Picks Up A Hot Pink-Clad Endorsement From Brooklyn's Mindy Meyer [VIDEO]
Brooklyn's hot pink-blazer wearing Senate hopeful Mindy Meyer has endorsed Mitt Romney for president. The high-spirited 22-year-old is running against 10-year Democratic incumbent Sen. Kevin Parker for the New York State Senate in the 21st District.
With Euro Zone Joblessness Sky High, Its Survival Is At Risk: Analyst
The number of unemployed people across all 17 euro zone countries soared 11.2 percent to 17.8 million in June -- up 1 percentage point from the year before, Eurostat, the European Union's statistical agency, reported Tuesday. Euro zone unemployment among people younger than 25 rose to 22.4 percent.
Homelessness Rising In England To Olympian Heights
Some of the results for specific councils are quite shocking,? said Judy Aldred, managing director of SSentif.
Happy 100th Birthday To Milton Friedman: A Century Of Freedom And Free Market
If Milton Friedman were alive today, he would be 100 years old. The Nobel-prize winning economist has transformed the way many people think about the government and economic policy.
Americans Earned More, Spent Less In June
Despite rising income at the end of the second quarter, U.S. consumer spending fell in June by 0.1 percent from the month before, the Commerce Department said on Tuesday.
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