U.S. Jobless Claims Rise, But Underlying Labor Market Trends Firming

The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market.

A man holds a leaflet at a military veterans' job fair in Carson, California October 3, 2014.

Americans Face Post-Foreclosure Hell As Wages Garnished, Assets Seized

Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare.

A lock secures a chain on the steel fence of a foreclosed home previously owned by U.S. Bancorp in Los Angeles, California July 17, 2012.

Wall Street Flat After GDP, But Visa Lifts Dow

U.S. stocks were mostly flat on Thursday, as a strong read on third-quarter economic growth raised new questions about monetary policy, though strong results at Visa single-handedly put the Dow in positive territory.

The Nasdaq logo is seen on the exterior of the Nasdaq MarketSite in New York, April 2, 2013.



Jobs & Career News

U.S. Agency Sues Honeywell Over Employee Wellness Testing

A view of the corporate sign outside the Honeywell International Automation and Control Solutions manufacturing plant in Golden Valley, Minnesota, January 28, 2010.

The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate wellness program.

Microsoft Cuts 3,000 Jobs, Rounding Out July Plan

Microsoft CEO Satya Nadella speaks during a Microsoft cloud briefing event in San Francisco, California October 20, 2014.

Microsoft Corp (MSFT.O) said on Wednesday it cut about 3,000 jobs, effectively completing its plan to reduce its workforce by 18,000, or 14 percent of total staff, announced in July.

Samsung Heir Apparent Moves To Tighten Grip On Group Firms

Jay Y. Lee, son of Samsung Electronics chairman Lee Kun-hee arrives at the company's headquarters in Seoul December 1, 2010.

Samsung Group heir apparent Jay Y. Lee is moving to acquire small stakes in two of the group's financial firms, which analysts say will help the scion solidify control of South Korea's largest conglomerate as a succession looms.

Throw Out The 60-40 Rule For Retirement Investing?


Forget the conventional wisdom about being conservative with your money after 65 – here’s what you should be doing instead.

Italy Strikes Against Renzi Labour Reforms, Cuts

Prime Minister Matteo Renzi

Striking workers took to the streets in cities across Italy on Friday to protest against cuts to public services and labour reforms proposed by Prime Minister Matteo Renzi.

Workers assemble built-in appliances at the Whirlpool manufacturing plant in Cleveland, Tennessee

US Manufacturing Renaissance Proves Elusive Despite Cheap Gas

According to many commentators, cheap natural gas is producing a renaissance in U.S. manufacturing and putting European competitors at a disadvantage.

A bird flies past the logo at the headquarters of world food giant Nestle in Vevey October 16, 2014.

SoftBank's Humanoid Robot Lands Job As Nescafe Salesman

Nestle SA will enlist a thousand humanoid robots to help sell its coffee makers at electronics stores across Japan, becoming the first corporate customer for the chatty, bug-eyed androids unveiled in June by tech conglomerate SoftBank Corp.

The United States Federal Reserve Board building is shown behind security barriers in Washington October 28, 2014.

Fed Ends Bond Buying, Exhibits Confidence In U.S. Recovery

The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects.

Apple CEO Tim Cook speaks at the WSJD Live conference in Laguna Beach, California October 27, 2014.

Apple CEO Fires Back As Retailers Block Pay

Apple Inc (AAPL.O) CEO Tim Cook fired back at CVS (CVS.N) and Rite Aid (RAD.N) on Monday after the drugstore chains blocked the iPhone maker's mobile payments service, saying there were plenty of other retailers around the world to sign up.

The Pfizer logo is seen at their world headquarters in New York April 28, 2014.

Pfizer Beats Sales And Profit Forecasts, Mum On Future Deals

Pfizer Inc (PFE.N) reported stronger-than-expected quarterly results, helped by growing sales of its cancer drugs and demand for its medicines in emerging markets, but did not signal any acquisition plans following its recent failed efforts to buy rival British drugmaker AstraZeneca Plc (AZN.L).

The fresh produce section is seen at a Walmart Supercenter in Rogers, Arkansas June 6, 2013.

U.S. Consumer Confidence Jumps In October

U.S. consumer confidence rose in October to its highest level since October 2007 as views on the job market improved, according to a private sector report released on Tuesday.

The head offices of Valeant Pharmaceuticals International Inc. are seen in Laval, Quebec May 20, 2014.

Valeant Ready To Raise Allergan Bid To At Least $200/Share

Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) on Monday said in a letter to Allergan Inc's (AGN.N) board of directors that it was prepared to raise its offer to at least $200 per share but stopped short of doing so.

General view of the headquarters of the European Central Bank (ECB) in Frankfurt October 26, 2014.

Europe's Bank Test Celebrations Mask Mounting Challenges

Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.

A woman takes a picture outside the Samsung stand at the Mobile World Congress in Barcelona February 24, 2014.

Samsung Scales Down LED Lighting As Outlook Dims

Samsung Electronics Co Ltd (005930.KS) said on Monday that it will cease its light emitting diode (LED) lighting business outside of South Korea, scaling back what was identified as a key growth business just four years ago.

Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei, Anhui province May 5, 2014.

China Says Unemployment Rate Steady At 4.07 Pct At End-Sept

China's urban registered unemployment rate was 4.07 percent at the end of September, down slightly from 4.08 percent at the end of the second quarter, the labour ministry said on Friday.

Members of the media react as New York City Police Department officers enter the building where Dr. Craig Spencer lives in New York October 24, 2014.

Doctor With Ebola In NY Hospital, Nurse Declared Virus-Free

A doctor who worked in West Africa with Ebola patients was in an isolation unit in New York City on Friday after testing positive for the virus, becoming the fourth person diagnosed with the disease in the United States and the first in its largest city.

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