The surprising drop in weekly jobless claims is good news, but the labor market's far from fixed. The unexpectedly sharp drop in new jobless claims is good news but the decline should be taken with...
Wall Street was seen opening higher on Thursday as weekly first time jobless claims data in the US showed a sharp fall, increasing hopes a strong second-half recovery may be on track. Futures trade...
24/07/2003
The Commission decided today to extend its actions against irregularities in the EU statistical office Eurostat - after its announced probe into allegations two weeks ago - by deciding to terminate...
24/07/2003
McDonald's could face compensation demands of between $50 billion and $100bn from obese and overweight Americans, according to a leading US class action lawyer. John Banzhaf, a central figure in...
24/07/2003
Japan's export growth came to a standstill in June as demand faltered in the United States and Asia, its top two markets, clouding recent optimism over a possible recovery in the economy. Exports...
24/07/2003
Japanese consumer electronics giant has reported slumping sales and profits for the three months to end-June. Sony said restructuring costs were behind the 98% plunge in net profits to 1.1bn yen ($...
24/07/2003
U.S. stocks are set to open flat to slightly higher on Wednesday, as investors are hit with a deluge of corporate earnings and seek evidence that a rebound is under way in the U.S. economy. Amid a...
23/07/2003
Cheap overseas labor is not just for manufacturers any more -- is your job headed offshore too? As painful as the labor market has been lately, what's even more painful is that many of the 2.5...
23/07/2003
World oil prices fell sharply after the US said its forces had killed the two sons of Iraq's former dictator Saddam Hussein. The announcement that Uday and Qusay Hussein - two of the old regime's...
23/07/2003
Split apart over the invasion of Iraq, the west remains divided. The rifts owe much to September 11 2001, which put the US into a state of war. Americans are now readier to use force against...
23/07/2003