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Part-timers' hours cut as employers react to healthcare law [Live chat]
Hundreds of thousands of part-timers are facing smaller paychecks as employers cut worker hours to avoid paying for their benefits under the federal healthcare law. This move by a growing number of retailers, restaurants and even local governments and...
Tags: Labor Legislation, Employment Opportunities, Crime, Law and Justice, Career and Workplace, Employees
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Elizabeth Warren, Financial and Business Services, Hillary Clinton, Banking, Occupy Wall Street
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Bernanke says Fed increasing financial monitoring
WASHINGTON — The Federal Reserve has broadened its oversight beyond banks and now monitors a wide range of financial institutions that could hasten another financial crisis, Chairman Ben S. Bernanke said Friday. Bernanke said the Fed is still...Tags: Federal Reserve Bank of Chicago, Financial Markets, Business Institutions, Ben Bernanke, Economy, Business and Finance
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Eurozone's unemployment climbs to 12.1%, a fresh record high
WASHINGTON -- The Eurozone's unemployment rate hit a record high of 12.1% in March as the region continued to struggle with recession, government officials said Tuesday. The seasonally adjusted jobless rate for the 17-nation group topped the previous...
Tags: Central Bank, Career and Workplace, European Central Bank, Employment, European Union
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Are your mortgage modification terms worth continuing payments?
Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help. According...
Tags: U.S. Department of the Treasury, Central Bank, Financial and Business Services, Credit Ratings, Economy, Business and Finance
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Fed: Some borrowers shortchanged in foreclosure settlement
Nearly 100,000 troubled borrowers were shortchanged on payments from Goldman Sachs Group Inc. and Morgan Stanley & Co., the Federal Reserve said — money intended to compensate for possible errors and abusesduring foreclosure proceedings in 2009...
Tags: Goldman Sachs Group, Inc., Financial and Business Services, JPMorgan Chase & Co., Morgan Stanley Dean Witter & Company, Mortgages
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Jobs report spurs Dow beyond 15,000 for the first time
NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report. The S&P 500,...
Tags: Stock Market, Economic Indicator, Credit Ratings, Kraft Foods Group, Inc., Prices
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European Central Bank cuts key interest rate to fight recession
WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...
Tags: Labor Markets, Central Bank, Employment Opportunities, Career and Workplace, Mario Draghi
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Dow closes above 15,000 for first time [video chat]
NEW YORK -- The Dow Jones industrial average on Tuesday closed above 15,000 points for the first time, clearing a psychological hurdle as stocks continue a strong rally this year. It was only three months ago when the Dow, the iconic blue-chip index for...
Tags: Stock Market, ING Group, Central Bank, Credit Ratings, Money and Monetary Policy
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Sen. Elizabeth Warren wants student loans to get Fed discount rate
WASHINGTON -- Students taking out government loans to help pay for college should pay the same rock-bottom interest rate that the Federal Reserve charges big banks, Sen. Elizabeth Warren (D-Mass.) proposed Wednesday. With the interest rate on federal...
Tags: Elizabeth Warren, Consumers, Economy, Business and Finance, Loans, Occupy Wall Street
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U.S. economy adds 165,000 jobs in April
From the Associated PressWASHINGTON -- U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5...Tags: Labor Markets, Employment Opportunities, Career and Workplace, Employment, Unemployment Rate
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Fed is open to altering bond policy
WASHINGTON — Federal Reserve policymakers signaled for the first time that they could "increase or reduce" their controversial efforts to stimulate the economy in the future, but for now they're holding pat. After a two-day policy meeting, the...
Tags: Labor Markets, Central Bank, Automatic Data Processing, Inc., Employment Opportunities, Career and Workplace
May 2, 2013
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May 10, 2013
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May 10, 2013
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Apr 30, 2013
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May 10, 2013
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May 9, 2013
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May 3, 2013
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May 1, 2013
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