| Aug 24, 2012
| 11:10 AM
Renewed speculation that the Federal Reserve will take action to stimulate the economy erased an early-morning loss and drove the stock market higher in midday trading Friday.
Stocks turned around after the release of a letter in which Fed chairman Ben...
| Jul 2, 2012
| 9:37 AM
More than one in 10 people in the euro zone is out of work, including nearly a quarter of Spaniards, pushing the currency bloc’s unemployment rate to a record high 11.1% in May.
Austerity measures and weak demand caused by the region’s long-...
| Jul 5, 2012
| 9:40 AM
Employers in June planned to cut the fewest number of workers in more than a year as they try to wait out the upcoming election, according to a report Thursday from Challenger, Gray & Christmas Inc.
The outplacement consultancy found that planned layoffs...