Yellen signals Fed rate hike this year but mum on timing

Jun 18, 2015

Yellen signals Fed rate hike this year but mum on timing

The U.S. central bank indicated Wednesday it is likely to raise the ultralow interest rates later this year although its policy-setting panel gave no new words regarding exactly when it could take place. “Clearly most participants are anticipating that a rate increase this year ...

Dec 8, 2014

For U.S. unemployed, job market hits a turning point

Look past the booming November job gain of 321,000 reported Friday — the best figure in three years in the strongest year for U.S. hiring since 1999. The job market has reached a new milestone on its road to full health: For the first ...

Jobless families occupy Spain's tourist homes

Jul 28, 2014

Jobless families occupy Spain's tourist homes

Unable to pay her mortgage, Manoli Herrera turned over her apartment to the bank and moved into one of six abandoned buildings occupied by other jobless families in Sanlucar de Barrameda, a seaside town on Spain’s southern coast. “I did not want my two ...

May 10, 2014

Middle-aged men at risk from rows

Think again before you pick another fight with your tearaway daughter or go head-to-toe once more with the people next door over their late-night parties. Danish researchers say people who argue constantly with relatives, friends or neighbors are more than twice as likely to ...

May 2, 2014

U.S. gains 288,000 jobs, most in 2 years

U.S. employers added a robust 288,000 jobs in April, the most in two years, evidence that the economy is picking up after a brutal winter slowed growth. The Labor Department also said Friday that the unemployment rate sank to 6.3 percent, its lowest level ...