Jobs & Career News
U.S. employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up, suggesting a loss of momentum in the economy, even as the unemployment rate hit a new five-year low of 6.6 percent.
The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend suggested the labor market continued to heal.
Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
Canadian stock index futures pointed to a lower open on Friday following the release of weaker-than-expected U.S. and Canadian employment data.
The U.S. Congress begins what promises to be another highly combative year on Monday with a showdown over a White House-backed bid to renew unemployment benefits for 1.3 million Americans.
The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December.
The number of Americans filing new claims for unemployment aid unexpectedly fell last week, but continued weakness in business spending on capital goods suggested slower economic growth in the fourth quarter.
Striking workers at a Nokia factory in southern China on Friday threatened to extend industrial action after the company terminated the contracts of 59 employees for failing to return to work.
U.S. job growth likely picked up a bit in September, suggesting the economy enjoyed rising momentum before an acrimonious budget fight in Washington took some of the wind out of its sails.
President Barack Obama sought on Monday to limit political damage from the problematic launch of the government website for his signature healthcare law as Washington became embroiled in a new uproar days after a possible debt default was narrowly averted.
Among Twitter Inc's highest-paid executives, Christopher Fry's name stands out.
Today is National Boss Day, probably an uncomfortable day in which employees feel mandatory to give some appreciation to their boss, even though they think it isn't worth it.
Investors are more likely to put money into a business idea pitched by a man than a woman, and even more so if the man is good looking, according to a new study.
Hyundai Motor Co plans to start selling its first battery-powered electric vehicle (EV) in 2016 as South Korea's champion of fuel-cell cars hedges its bets in next-generation green technology.
Volkswagen (VOWG_p.DE) is close to deciding on whether to produce a new sport-utility vehicle (SUV) for its mass-market brands Skoda and Seat at a plant in the Czech Republic or Spain, a Skoda union leader said on Tuesday.
Employees of Freescale Semiconductor who were on a Malaysia Airlines flight presumed to have crashed were doing sophisticated work at the U.S. chipmaker, a company spokesman said on Sunday.
McDonald's Corp (MCD.N) on Monday reported a bigger-than-expected drop in comparable global sales for February, hurt again by slow business in the United States.
Mt. Gox, once the world's largest bitcoin exchange, filed for U.S. bankruptcy protection in Dallas late Sunday -- a move that will temporarily halt U.S. legal action against the Japanese company.
Samsung Electronics Co's Galaxy S5 smartphone could get off to a slow start in South Korea as the flagship's launch next month will coincide with a 45-day ban on local carriers selling phones, analysts said.
The pizza chain Sbarro LLC has filed for bankruptcy protection for the second time in three years after struggling with too much debt and changing consumer tastes that led to fewer customers in the malls that house many of its restaurants.
U.S. job growth accelerated sharply February despite the icy weather gripping much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.
Britain's top shares fell Friday with investors expected to avoid strong bets before U.S. jobs data that could sway the near-term direction of the market.
Everyone knows what money is. Whether denominated in paper, coins, or something else entirely, transactions get paid for by a physical commodity that enables humans not to waste their time bartering with each other. Felix Martin’s book, published this week in the United States, convincingly argues this view is not only wrong, but dangerous.
Australian shares edged higher on Friday morning on the back of gains on Wall Street, but investors tiptoed cautiously amid the backdrop of tensions in Ukraine and ahead of a crucial U.S. jobs report.
The United States would welcome Indian opposition leader Narendra Modi if he wins the upcoming election, a U.S. official said, in the clearest sign Washington will drop a travel ban on Modi imposed after anti-Muslim riots in 2002.
Staples Inc (SPLS.O), the largest U.S. office supplies retailer, forecasted another quarter of sales decline as it loses customers to mass market chains and e-retailers, and the company said it would close up to 225 stores in North America by 2015.
Skeptical U.S. lawmakers told Pentagon leaders Wednesday they did not like the department's proposed 2015 defense budget, but acknowledged painful cuts to military personnel and popular weapons systems were due to spending caps approved by Congress.
President Barack Obama gently chided Democratic donors Wednesday for paying too much attention to the next presidential race in 2016 and not enough attention to the upcoming midterm elections in 2014.
The number of Americans filing new claims for unemployment benefits fell more than expected and hit a three-month low last week -- a sign of strength in a labor market that has been hobbled by severe weather.
More than 1,000 workers at an IBM factory in southern China have gone on strike against the terms of their transfer to Chinese PC maker Lenovo Group Ltd caused by the U.S. company's $2.3 billion sale of its low-end server business.
President Barack Obama proposed new tax credits and job-training programs for U.S. workers Tuesday in a 2015 budget that drew instant condemnation from Republicans, who dismissed the document as an election-year campaign pitch.
Democrats need to wake up and understand the stakes involved in holding on to control of the U.S. Senate in November congressional elections, President Barack Obama told Democratic Party donors at a fundraiser Tuesday.
U.S. private employers added fewer workers than expected in February and services sector growth hit a four-year low -- the latest signs of the economic toll severe weather is taking.
The dollar will easily out-perform other major currencies in the coming year, according to foreign exchange strategists polled by Reuters, driven by demand for U.S. assets prompted by a shift in Federal Reserve policy.
Li Ka-shing’s dual listing plan may be more than just a vanity project.
President Barack Obama will propose an expansion of popular tax credits for middle class and working poor Americans, Tuesday, in a fiscal 2015 budget designed to serve as a blueprint for Democrats in this year's congressional elections.
Concerns cuts in defense spending could erode the U.S. military's technological edge over rivals, such as Russia and China, are in part driving the Pentagon's plans to slash troop levels and retire aging weapons.
America is a minimum-wage laggard -- at least relative to its economic prosperity. With Washington considering a higher pay floor and Peru's prime minister losing his job over the issue, a Breakingviews analysis shows that minimum wages as a percentage of local income levels are still low in the United States and some other countries.
U.S. factory activity rebounded last month from an eight-month low, and consumer spending increased more than expected in January, suggesting the economy is regaining some strength after abruptly slowing in recent months.