Unemployment

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Italy coalition: Thousands rally in Rome against cuts

May 18, 2013 at 20:16 | Source: BBC

Thousands of protesters, led by trade unionists, have rallied in the Italian capital Rome against the policies of the new coalition government. Wielding red flags and placards, they urged the centre-left Prime Minister, Enrico Letta, to scrap austeri...

Consumer stocks shine in emerging market gloom

May 18, 2013 at 19:45 | Source: FirstPost

LONDON (Reuters) - A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust.What is evolving is in ef...

Van Rompuy: EU May Consider Youth Job Plan at June Summit

May 18, 2013 at 18:00 | Source: Bloomberg

European Union President Herman Van Rompuy said overcoming youth unemployment is “the utmost priority today” and may be tackled by the 27-nation bloc's leaders later this year. “We stand ready to support all new ideas, to accompany ever...

Van Rompuy Says EU May Consider Youth Job Plan at June Summit

May 18, 2013 at 18:00 | Source: Business Week

European Union President Herman Van Rompuy said overcoming youth unemployment is “the utmost priority today” and may be tackled by the 27-nation bloc's leaders later this year. “We stand ready to support all new ideas, to accompany ever...

Dear Class of ’13: You’ve been scammed

May 18, 2013 at 17:37 | Source: Market Watch

Class of 2013, No one else is going to tell you this, so I might as well. You sit here today, $30,000 or $40,000 in debt, as the latest victims of what may well be the biggest conspiracy in U.S. history. It is a conspiracy so big and powerful that D...

Draining IRAs too soon poses big risks

May 18, 2013 at 17:37 | Source: Market Watch

Americans between the ages of 61 and 70 are withdrawing money from their IRAs in amounts that are larger, both in absolute dollar amounts and as a percentage of their IRA account balance, than those taken by older households, according to a new repo...

Kudumbashree targets employment for one lakh people this year

May 18, 2013 at 17:37 | Source: The Hindu BusinessLine

Thiruvananthapuram, May 18: Kerala government’s Kudumbashree initiative -- considered as one of the largest women’s empowerment project in the country -- plans to facilitate employment for 100,000 young people by the end of this financia...

Congress criticises TMC-led Bengal Govt

May 18, 2013 at 16:17 | Source: The Hindu BusinessLine

Kolkata, May 18: West Bengal Pradesh Congress President Pradip Bhattacharya on Saturday said the Trinamool Congress-led State Government is “completely directionless” and has failed to attract adequate investments in the last two years...

ABN AMRO cuts 400 jobs as prepares for eventual sale

May 18, 2013 at 05:30 | Source: FirstPost

AMSTERDAM (Reuters) - State-owned Dutch bank ABN AMRO is to cut 400 jobs, about 2 percent of its workforce, as it prepares for an eventual sale.The bank, which on Friday posted first-quarter results hit by bad loans in its home market, said the cuts ...

Time to choose between gravity and greed

May 18, 2013 at 00:17 | Source: Market Watch

I have the best job in the world; there is no doubt about it. I get paid to manage other people's money. It is stressful and humbling. It can also be energizing, as there is no better feeling than being thanked by someone who we helped build a bette...

European car sales rise for the first time in 19 months

May 18, 2013 at 00:17 | Source: DomainB

New car sales across Europe were up in April for the first time in 19 months, on strong demand in the UK. Registrations rose to 1.08 million in April from a year ago, with the latest rise coming in September 2011, according to the industry associati...

Akali Dal manifesto comes in handy for Congress (Punjab Newsletter)

May 17, 2013 at 23:30 | Source: FirstPost

Chandigarh, May 17 (IANS) A top Congress leader displaying the manifesto of the ruling Shiromani Akali Dal in Punjab may appear odd, but that's exactly what is happening in Punjab these days.Newly-appointed Punjab state Congress president Pratap Sing...

Spain reports trade surplus as imports slump

May 17, 2013 at 20:17 | Source: BBC

Spain has reported its first monthly trade surplus for more than 40 years. Normally seen as a positive development, the surplus actually points to a huge slump in imports, rather than any bounce back in economic activity. The surplus of 634.9m euros ...

Dear Class of ‘13: You’ve been scammed

May 17, 2013 at 20:17 | Source: Market Watch

Class of 2013, No one else is going to tell you this, so I might as well. You sit here today, $30,000 or $40,000 in debt, as the latest victims of what may well be the biggest conspiracy in U.S. history. It is a conspiracy so big and powerful that D...

Five wrong ideas about our jobless crisis

May 17, 2013 at 20:17 | Source: Market Watch

WASHINGTON (MarketWatch) – The biggest problem in the American economy today is that the economy can’t generate enough demand to employ all the willing and available workers. But that obvious fact hasn’t deterred some people from inventing som...

11 best charts for yield-seeking investors

May 17, 2013 at 20:17 | Source: Market Watch

Health-care muni bonds. President Obama’s 2010 health-care overhaul cast a pall of uncertainty over hospitals. Among the biggest fears: the hit from looming cuts to Medicare and Medicaid reimbursement rates as the government moves to squeeze costs...

Treasurys edge down ahead of consumer sentiment

May 17, 2013 at 20:17 | Source: Market Watch

NEW YORK (MarketWatch) -- Treasurys traded down on Friday ahead of a University of Michigan consumer-sentiment index reading. The benchmark 10-year note (ICAPSD:10_YEAR)  yield, which moves inversely to price, was up 1.5 basis points to 1.901%. The...

11 best charts for income-seeking investors

May 17, 2013 at 18:57 | Source: Market Watch

Health-care muni bonds. President Obama’s 2010 health-care overhaul cast a pall of uncertainty over hospitals. Among the biggest fears: the hit from looming cuts to Medicare and Medicaid reimbursement rates as the government moves to squeeze costs...

ABN AMRO to cut 400 jobs as profit plunges 17 per cent

May 17, 2013 at 17:37 | Source: Financial Express

Dutch banking major ABN AMRO today said it will cut 400 jobs as part of a reorganisation drive and the reductions will be done through natural attrition and internal reallocation. The bank announced reorganisation in the commercial and merchant bank...

European car sales in first rise for 18 months

May 17, 2013 at 16:17 | Source: BBC

New car sales across Europe rose in April for the first time in 18 months, boosted by strong demand in the UK. Registrations rose 1.8% to 1.08 million in April, compared with a year ago. The last rise was in September 2011, said the industry associat...

Flickr update may be unveiled at May 20 event
Advani, Swaraj can't wash their hands of  BJP's Karnataka defeat "Advani, Swaraj can't wash their hands of BJP's Karnataka defeat"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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