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China president takes charge of sweeping economic reform plans-sources
ReutersBy Kevin Yao BEIJING, May 17 (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local...Tags: Finance, Wen Jiabao, Productivity, Economy, China
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New Jersey income tax collections up, jobless rate down in April
ReutersMay 16 (Reuters) - New Jersey's unemployment rate dropped to 8.7 percent in April and personal income tax collections rose 29.1 percent to $2.23 billion from the same month last April, state data show. The revenue increase, along with the third...Tags: Politics, U.S. Department of the Treasury, Thomson Corporation, Unemployment, Taxation
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WRAPUP 4-U.S. Fed hawks call for retreat from mortgage stimulus
ReutersBy Kristen Hays and Francesca Landini HOUSTON/MILAN, May 16 (Reuters) - A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing the recent improvement in the housing market....Tags: Lehman Brothers Holdings Inc., Bank of America Corp., Securities, Finance, Inflation and Deflation
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China president takes charge of sweeping economic reform plans: sources
ReutersBEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalize the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate...Tags: Finance, Wen Jiabao, Productivity, Economy, Economic Policy
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Perez clears committee, now faces larger fight
WASHINGTON -- Democrats and Republicans quickly squared off Thursday over the confirmation of Labor Secretary nominee and Marylander Tom Perez -- preparing for a fight that is likely to intensify after a Senate committee voted along party lines to advance...Tags: Parties and Movements, Steny Hoyer, Labor Legislation, Crime, Law and Justice, U.S. Department of Justice
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California's jobless hotline hours slashed
SACRAMENTO — Want help from the state getting unemployment benefits? Don't call after noon. Because of federal budget cuts, the California Employment Development Department has told its call center workers not to answer its benefits hotline...
Tags: Labor Legislation, Unemployment Benefits, Unemployment, Insurance, Media Industry
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Fed's Raskin: China faces barriers to regaining past high growth
ReutersWASHINGTON (Reuters) - China may struggle to recapture its previous high levels of economic growth as it runs up against technological and labor market barriers, a senior Federal Reserve official said on Thursday. "My sense is they are going to...Tags: Federal Reserve, China
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Fed's Raskin: Too soon to judge if recent Fed action working
ReutersWASHINGTON (Reuters) - The economy faces an important drag from fiscal policy and remains a long way from full health, a senior Federal Reserve official said on Thursday, warning it was premature to judge the impact of the Fed's latest action to spur...Tags: Finance, Employment, Crime, Law and Justice, Federal Reserve, Economy
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Bank of Canada sees unorthodox-policy benefits outweighing risks
Reuters* BoC economists: unconventional policies highly effective * Risks of such policies should not restrict their use * Need to see exit strategies before judging overall success OTTAWA, May 16 (Reuters) - The risks of unconventional policies pursued by...Tags: Finance, Federal Reserve, International Monetary Fund, Economy, Business and Finance, Credit Ratings
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Initial jobless claims jump to 360,000, most since March
WASHINGTON -- Initial jobless claims unexpectedly jumped to a six-week high of 360,000 last week after declining to a post-recession low this month, the Labor Department said Thursday. The number of people filing for the first-time for unemployment...
Tags: Employment, Unemployment Benefits, Economic Indicator, Unemployment Rate, Easter
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WRAPUP 2-Evidence mounts on slower U.S. economic growth
Reuters* Mid-Atlantic factory activity contracts in May * U.S. jobless claims rise sharply in latest week * Housing starts drop more than expected in April * Inflation data points to softer demand in economy By Jason Lange WASHINGTON, May 16 (Reuters) - The U....Tags: Employment, Unemployment Benefits, Inflation and Deflation, Consumers, Productivity
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Evidence mounts on slower U.S. economic growth
ReutersWASHINGTON (Reuters) - The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. Other data on Thursday showed a spike...Tags: Finance, Employment, Unemployment Benefits, Inflation and Deflation, Productivity
May 16, 2013
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May 16, 2013
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May 16, 2013
|Story| Baltimore Sun
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Reuters
May 16, 2013
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May 16, 2013
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May 16, 2013
|Story| Los Angeles Times
May 16, 2013
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|Story| Reuters
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