Jobs & Career News
Employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year.
Americans with savings in retirement plans have something to celebrate: Average 401(k) account balances rose 10 percent in 2012, to $86,212, according to mutual fund company Vanguard Group.
Australian job advertisements in newspapers and on the Internet fell for a third straight month in May, a potentially worrying omen for unemployment that will maintain pressure for another cut in interest rates.
Spain's number of registered jobless fell in May but seasonal hires were largely responsible, checking government optimism that the drop heralded a turnaround for the country's crippled economy.
The Teamsters union on Tuesday said it filed an application with the National Mediation Board seeking a national election to represent mechanics at AMR Corp's (AAMRQ.PK) American Airlines, which will merge with US Airways Group (LCC.N) to form the world's largest carrier.
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.
The technology industry and organized labor are locked in a fight that threatens to complicate the U.S. Senate's immigration bill.
Switzerland's ABB (ABBN.VX) has named one of its top managers as its new chief executive, calming investor fears of a management vacuum after the surprise resignation of CEO Joe Hogan last month and the company's chief technical officer days later.
Orchard Supply Hardware Stores Corp (OSH.O), spun off by Sears Holdings Corp (SHLD.O) less than two years ago, has filed for Chapter 11 bankruptcy protection partly blaming hefty dividends paid out to its former parent.
Small business optimism rose to a one year-high in May, a hopeful sign for an economy that has hit a soft patch.
President Barack Obama sought to inject momentum into the push for U.S. immigration reform on Tuesday, urging lawmakers who were "serious" about the issue to support a Senate bill and highlighting the economic benefits of changing the system.
Walt Disney Co last week hiked single-day admission prices at its U.S. theme parks by up to 9.6 percent, the fifth increase since 2009. But other U.S. companies might want to think twice before following suit.
A potential extradition tussle in Hong Kong over an American who has exposed the U.S. government's top-secret surveillance programs could prove to be a test case for civil liberties in the financial hub controlled by China.
There was a time when robust growth in U.S. commercial loans was seen as a good sign for the economy, but this year a double-digit surge is being seen as a red flag.
A gauge of labor-related costs fell in the first quarter by the most in four years, although the reading appeared to be distorted by a shift in employee compensation during the prior period to avoid a tax hike.
New orders for factory goods rose in April, but not enough to reverse the prior month's plunge, adding to signs of a slowdown in manufacturing activity.
Some call it neurological diversity, others see it as autism's fight back. People diagnosed as "on the spectrum" are suddenly in demand by employers seeking a competitive advantage from autistic workers more used to being considered disabled than special.
Salesforce.com Inc, the biggest maker of online sales management tools, said it would pay $2.5 billion for marketing software maker ExactTarget, which helps companies reach customers on social networks through mobile devices.
Strong pickup truck sales, spurred by an improving housing market, boosted May U.S. auto sales after a disappointing April, automakers reported on Monday.
The manufacturing sector contracted in May, driving activity to the lowest level in nearly four years, in the latest sign the economy is encountering a soft patch.
German alarm that their country is blamed for austerity measures compounding the problems in the euro zone helps explain Berlin's bilateral efforts to tackle youth unemployment in some of the countries worst affected.
