Greece is struggling to reach agreement with its international lenders on a new round of austerity spending measures aimed at unlocking more bailout money for the Athens government. Greek officials have resumed talks with financial inspectors for the European Union, the European Central Bank and the International Monetary Fund about a plan to cut nearly […]
Greece Struggling to Reach Austerity Deal with Lenders
Posted September 10th, 2012 at 11:40 am (UTC-5)
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Weak US Employment Report Could Force Central Bank Action
Posted September 7th, 2012 at 3:15 pm (UTC-5)
U.S. business analysts say that Friday’s weak employment report could push the country’s central bank to adopt new measures next week to spur job growth and boost the sluggish economy. The government reported that the American labor market added only 96,000 new jobs in August. While the jobless rate fell from 8.3 percent to 8.1 […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 1:45 pm (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 11:55 am (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 10:00 am (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s unemployment rate declined as more Americans abandoned their search for work. The government reported Friday that the August jobless rate was 8.1 percent, down from 8.3 percent in July. It was the 43rd straight month that the figure has been […]
US Labor Market Slumping, Even as Jobless Rate Falls
Posted September 7th, 2012 at 8:55 am (UTC-5)
The slumping U.S. labor market added a meager 96,000 jobs last month, but the country’s jobless rate declined as more Americans abandoned their search for work. The government reported Friday that the August unemployment rate was 8.1 percent, down from the 8.3 percent figure in July. It was the 43rd straight month that the figure […]
Europe Moves to Bolster Economy; Stocks Soar
Posted September 6th, 2012 at 4:15 pm (UTC-5)
A key U.S. stock index soared to the highest level since the Great Recession began four years ago, after the European Central Bank moved to bolster the continent’s troubled economies Thursday. Spanish stocks gained nearly five percent, while French and German shares gained around three percent. European Central Bank President Mario Draghi said policy makers […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 3:25 pm (UTC-5)
The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 12:15 pm (UTC-5)
The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
European Central Bank to Buy Government Bonds
Posted September 6th, 2012 at 10:40 am (UTC-5)
The European Central Bank says it is going to buy the bonds of the debt-ridden countries in the euro currency union in hopes of easing their borrowing costs. The bank set no limit Thursday on the volume of the bonds it plans to buy, Europe’s latest effort to resolve the three-year debt crisis. The bank […]
