Durable Goods Orders Rise, Point to Factory Resilience

Orders for long-lasting manufactured goods rose more than expected in April, a hopeful sign that a contraction in factory output could soon run its course.

Washers and dryers are seen on display at a store in New York July 28, 2010.

Insight: Luxury Brands Position for U.S. Boom

Most men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace.

A woman enters high-end retail store Bergdorf Goodman along 5th Avenue in New York May 19, 2013.

Analysis: German Economy to Pick Up but Fall Short of Traditional Pace

Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slowdown stunt exports and investment.

File photo of people walking past a luxury goods department store at Friedrichstrasse boulevard in Berlin September 14, 2010.

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Jobs & Career News

Los Angeles Mayor-Elect Vows to Put Recession in Rear-View Mirror

Los Angeles mayoral candidate Eric Garcetti gestures while speaking during an election night party at the Hollywood Palladium in Hollywood, California, May 21, 2013.

Los Angeles Councilman Eric Garcetti declared victory Wednesday in his bid to become the next mayor and vowed to put the city's economic slump "in the rear-view mirror," capping a race shaped by dire fiscal forecasts and questions about the political clout of organized labor.

Germany Joins Hands With Spain, Portugal, and Greece to Fight Euro Unemployment

German Finance Minister Wolfgang Schaeuble talks with a member of parliament before a joint faction meeting of the Christian Democratic Union (CDU) and its sister party, Christian Social Union (CSU),

German Finance Minister Wolfgang Schaeuble and Labor Minister Ursula von deer Leyen announced today in Berlin that the Angela Merkel-led government is finding ways to reduce unemployment in troubled areas of the E.U. and is planning to offer German techniques to Portugal and Spain.

Ford Adds Production in North America to Meet New Car Demand

The 'Fluegelauto' (winged car) by German artist HA Schult is lowered by a crane to the top of Cologne's historic armoury April 4, 2013. The Fluegelauto, a 1989 Ford Fiesta, returned to the roof of Col

Strength in the U.S. housing market has increased demand for trucks like the F-150. Newer models offer better mileage than the average U.S. vehicle, which is a record 11 years old.

Chelsea Clinton Takes on a Secret Job at New York University

Chelsea Clinton

Chelsea Clinton, the former first daughter, has quietly taken on the co-chairmanship of New York University's new multifaith organization, the Of Many Institute, according to reports.

Tech, Labor Brandish Dueling Studies in U.S. Immigration Fight

A group of illegal immigrants, who handed themselves in to U.S. Border Patrol, sit in a restaurant in Encino, Texas March 29, 2013.

The technology industry and organized labor are locked in a fight that threatens to complicate the U.S. Senate's immigration bill.

Healthcare Workers Set to Strike California Public Hospitals

Some of the public hospital system's estimated 3,400 pharmacists, social workers, psychologists, occupational therapists and lab scientists also are expected to walk out Tuesday as part of a one-day s

Nearly 13,000 healthcare employees at five University of California medical centers plan to strike on Tuesday in a move that threatens to back up emergency rooms and already has forced the postponement of elective surgeries.

Career Outlook: Engineering

An analysis of four of the top engineering fields to help you decide which career path is right for you.

Job seekers Heura Cuadrado (R) and Elena Corominas submit their resumes during a job fair in La Roca Village, near Barcelona May 21, 2013. About 2,000 people applied for the 150 retail, shopping and l

Jobs, Housing Data Show Economy has some Muscle

The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington.

The Google signage is seen at the company's headquarters in New York January 8, 2013.

Google Faces New Federal Antitrust Probe: Source

U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in Web display advertising, breaks antitrust law in how it handles some advertising sales, a source told Reuters on Thursday.

A visitor looks at his mobile phone in front of monitors displaying market indices at the Tokyo Stock Exchange in Tokyo July 13, 2012.

Stimulus Fears Haunt Share Markets, Dollar Recovers

Global equity markets drifted lower on Friday as investors were beset by worries that central bank stimulus may be curtailed, but the dollar recovered against the euro to trade almost flat after better-than-expected U.S. durable goods data for April.

Brazilian members of the Workers National Agricultural Confederation (CONTAG), in an act of protest, lie down on the floor symbolizing the violence on the field in front of the Brazil's Superior Court

Brazil's Jobless Rate Up to 5.8 Percent in April

Brazil's jobless rate rose slightly in April for the fourth straight month but remained near record lows, suggesting that tight labor conditions bolstered a gradual recovery and fed into inflation, statistics agency IBGE said on Thursday.

Chinese Changan cars are parked inside a factory in Chongqing May 21, 2013.

China Factory Activity Shrinks for First Time in Seven Months: Flash PMI

China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.

Federal Reserve Board Chairman Ben Bernanke (R) is photographed by the media before testifying at the Joint Economic Committee in Washington May 22, 2013.

Bernanke's Q&A Testimony to Congressional Panel

Below are highlights of the question and answer session of Federal Reserve Chairman Ben Bernanke's testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday.

European Commissioner for Internal Market and Services Michel Barnier addresses a news conference in Brussels March 25, 2013.

EU's Barnier Wants Big Companies to Reveal National Tax Bills

Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on Thursday.

A policeman gestures in front of some of the dead miners after they were shot outside a South African mine in Rustenburg, 100 km (62 miles) northwest of Johannesburg, August 16, 2012. South African po

Rubber Bullets Fired at South African Mine Strikers, Several Hurt

Ten striking South African miners were taken to hospital on Tuesday after being hit by rubber bullets, police said, as labour strife spread ahead of mid-year pay negotiations.

U.S. President Barack Obama speaks during a visit to Ellicott Dredges during his second 'Middle Class Jobs and Opportunity Tour' in Baltimore, Maryland May 17, 2013.

Senate Panel Pass Immigration Bill; Obama Praises Move

A U.S. Senate panel on Tuesday approved legislation to give millions of illegal immigrants a path to citizenship, setting up a spirited debate next month in the full Senate over the biggest changes in immigration policy in a generation.

A view of the Merck & Co. campus in Linden, New Jersey March 9, 2009.

Merck Signs $5 Billion Share Buyback Agreement with Goldman Sachs

Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics.

William Dudley, President and CEO of the Federal Reserve Bank of New York, speaks during the Asia Society and Economic Club of New York luncheon, in New York, September 24, 2012.

Too Soon to Dial Back Fed Stimulus: Dudley

It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said.

Demonstrators march during a Chicago Teachers Union protest in Chicago March 27, 2013. Thousands of demonstrators rallied in downtown Chicago on Wednesday to protest the city's plan to close 54 public

Chicago School Board to Vote on Mass School Closing

The Chicago Board of Education is due to vote on Wednesday on a controversial proposal to close 54 schools in the country's third-largest public school district in what would be the largest mass school closing in the nation.

Minnesota Capitol Building

Minnesota Legislature OKs New Higher Top Income Tax Bracket

Minnesota's lawmakers on Monday approved a bill that would raise more than $2 billion for the upcoming two-year budget through income and other tax increases, allowing the state to close a $627 million structural budget gap.

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