UNEMPLOYMENT

Survey suggests that a half or more of law school students feel inadequately prepared to handle the various non-academic demands of the profession

Some economists are warning that housing prices in general could double-dip and the price declines may accelerate in 2011.

House Republicans wasted no time in going after President Obama’s healthcare reforms of 2010.

Republicans scaled back plans for deep cuts in U.S. government spending as they took power in the House of Representatives on Wednesday, diluting a key promise that helped them to victory in November's election.

Silver and Gold Prices both unwound the last of late Dec.'s gains in early London trade on Wednesday, retreating to $29.20 and $1370 respectively per ounce on what several analysts called profit taking as world stock markets also fell.

The U.S. employment situation might be seeing better times, according to figures released in the latest ADP Employment Report for December, which showed a rise for the second consecutive month

John Lipsky, the first deputy managing director of the International Monetary Fund (IMF), has said 2011 will be a pivotal year for the global economic recovery and for international policy cooperation, adding that it's also a crucial year for the Fund as it will try to address these principal challenges.

Professor returns to teach at the Kennedy School of Government after spending two years as Assistant to the President for Economic Policy and Director of the White House National Economic Council (NEC).

While Republicans, who will take control of the House of Representatives tomorrow, are promising to repeal healthcare reform and commence investigations into several facets of the federal government, Democrats, who are still in control of the Senate, have also been considering some significant moves aimed at curtailing the power of the filibuster.

While certain members of the FOMC were increasingly confident of an economic recovery in the U.S., they found progress towards achieving maximum employment and price stability to be “disappointingly slow,” according to the minutes of the past Fed board policy meeting in mid-December.

Minutes from the last FOMC meeting held on Dec. 14, 2010.

Perhaps the surprising good health of Pakistan’s equity market shows how disconnected financial trading markets can be from the state of the society they reside in.

The U.S. economy is on course to a self-sustaining recovery in 2011, aided by the private sector’s return to health and a further injection of fiscal stimulus, IHS Global Insight has said.

The number of unemployed people in Spain dropped by 10,221 to 4.1 million in December, recording the steepest decline since 2000, the ministry of employment and immigration said on Tuesday.

Bill Gross of PIMCO is concerned about rising interest rates and the decline of the U.S. dollar.

U.K. implemented the biggest budget cuts seen since the World War II in an attempt to reduce the massive budget deficit but the hidden costs of the drive could offset much of the savings from the austerity drive.

New York Governor Andrew Cuomo is seeking a one-year salary freeze for state workers as the first step after assuming office on Jan 1, 2011.

The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.

Many observers believe the bond bull has run out of steam, although a 'pop' in the bond bubble is probably unlikely.

Wall Street appears to be almost universally bullish about U.S. stocks for 2011.

Predictions are, by their nature, uncertain. Politics is, as history teaches, full of surprises. So predictions about politics have to be taken with a good amount of salt.