Citing U.S. Values, Yellen Says Greatly Concerned By Rise in Economic Inequality

Federal Reserve Chair Janet Yellen said on Friday the growth of economic inequality in the United States "greatly" concerned her.

U.S. Federal Reserve Board chair Janet Yellen holds a news conference in Washington September 17, 2014.

U.S. Housing Recovery Rolls On As Groundbreaking Rises

U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy.

A ''for sale'' sign is seen outside a home in New York June 19, 2012.

Obama Appoints Ebola Czar; Texas Health Worker Isolated On Ship

President Barack Obama appointed an Ebola czar for the United States on Friday, and the government said a Texas health worker who may have had contact with specimens from an Ebola patient was isolated on a cruise ship.

The Carnival Magic cruise ship departs on its nine-day inaugural cruise from Dubrovnik, Croatia, in a May 3, 2011 file photo.



Jobs & Career News

New Job Target For Swedish Central Bank Faces Huge Legal Obstacles

Sweden's central bank office is seen in Stockholm December 9, 2011.

The new Swedish government's hopes of introducing an employment goal for the central bank are likely to be stillborn as any relevant adjustments would require EU treaty changes, legal experts say.

Data Show U.S. Economy's Pulse Is Still Strong

A man grabs his briefcase as he waits in line to speak with employers at the UJA-Federation Connect to Care job fair in New York, March 21, 2012.

The number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September, positive signals that could help ease fears over the economic outlook.

Office Depot To Cut 1,100 Jobs In Europe

An Office Depot store is pictured in Encinitas, California, February 19, 2013.

Office Depot Inc (ODP.O) said it would cut about 1,100 jobs in Europe as part of a restructuring plan and expects to reduce annual costs by about $90 million by the end of 2016.

EDF To Add Former Car CEO, Employer Association Head To Board

Philippe Varin, outgoing Chief Executive Officer of French carmaker PSA Peugeot Citroen, answers to journalists during the company's 2013 results presentation and the news conference to unveil long-awaited Dongfeng deal in Paris February 19, 2014.

Former PSA Peugeot Citroen (PEUP.PA) head Philippe Varin and French employer organization Medef chief Laurence Parisot are on a list of proposed board members for French state-controlled utility EDF (EDF.PA)

Volvo Cars To Add Jobs, Boost Production In Sweden


Chinese-owned Volvo Car Group said on Thursday it would add 1,300 jobs and boost production at a plant in Sweden in the first quarter to meet rising demand for its new cars.

A Shopper admires a sweater

U.S. Consumer Sentiment At Highest Since July 2007

U.S. consumer sentiment rose in October to the highest in more than seven years, boosted by views on personal finances and the national economy, a survey released on Friday showed.

The magnetic coils inside the compact fusion experiment pictured in an undated photo provided by Lockheed Martin.

Lockheed Says Makes Breakthrough On Fusion Energy Project

Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013.

Fed Can Do More To Help On Jobs, Inflation, Kocherlakota Says

Minneapolis Federal Reserve Bank President Narayana Kocherlakota said Thursday that the U.S. central bank can do more to help Americans struggling with unemployment or under-employment.

The White House is pictured shortly after sunrise in Washington, August 1, 2007.

White House, Companies Look For Ways To Hire Long-Term Unemployed

Vice President Joe Biden will meet with human resource officers from major U.S. companies at the White House on Wednesday to discuss changes to hiring practices aimed at improving employment prospects.

A combine drives through a field of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013.

U.S. Retail Sales, Producer Prices Give Cautionary Signs On Economy

U.S. retail sales declined in September and prices paid by businesses also fell, worrisome signs that consumer demand may be faltering while inflation is failing to gain traction.

Emergency personnel wearing protective clothing approach a residential apartment after a second healthcare worker tested positive for the Ebola virus in Dallas, in a photo provided by the Dallas Police Department October 15, 2014.

Second Texas Healthcare Worker Tests Positive For Ebola

A second Texas healthcare worker who treated the first patient to be diagnosed with Ebola in the United States has tested positive for the disease, the Texas Department of State Health Services said on Wednesday.

Jack n Bills employees Tim Perruso (L) and Rob Ciliento prepare the bar for its opening for the summer tourist season almost five months after Superstorm Sandy caused damage to the structure in Seaside Heights, New Jersey, March 21, 2013.

U.S. Small Business Confidence Declines In September

U.S. small business optimism fell in September as more owners said they expected a slowdown in profits and sales, according to a survey released on Tuesday.

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.

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 woman passes notices for jobs in the window of a recruitment agency in London April 13, 2011. Credit: Reuters/Luke MacGregor

Michael Page Cuts Full-Year Operating Profit Expectations

British recruitment firm Michael Page said on Tuesday it expected full-year operating profit to be lower than forecast, as it invests in new staff to try to significantly boost its business in 2015.

Bank of Canada Building Ottawa

Bank Of Canada Sees Labor Slack, Looking Through Some Inflation

The Canadian economy would be generating more hours worked than it has done recently if its recovery were truly self-sustaining, Bank of Canada Governor Stephen Poloz said on Friday, casting a different light on the surge in employment in September.

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