Jobs & Career News
The U.S. economy could be fully recovered from the effects of the financial crisis and recession as early as next year, a top Federal Reserve official said, flagging the possibility the U.S. central bank will need to raise interest rates sometime soon.
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.
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 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.
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)
German software maker SAP (SAPG.DE) cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delaying when those orders can be booked as sales.
When it comes to equality at home and in the political arena, Nordic countries have long outperformed the rest of the world. But a look at their blue-chip companies reveals a gaping hole in the picture.
Struggling French nuclear engineering group Areva (AREVA.PA) said on Monday its Chairman and Chief Executive Luc Oursel had decided to step down for health reasons.
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.
Federal Reserve Chair Janet Yellen said on Friday the growth of economic inequality in the United States "greatly" concerned her.
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.
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.
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.
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.
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.