Job Creation News
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Updated 32 minutes ago
Austerity is out after the euro-area recession extended to a sixth quarter. Stimulus isn’t yet in.
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Any lament that U.S. executives are sitting on cash at their companies instead of investing in plants and equipment may be about to get louder.
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Updated 3 hours, 21 minutes ago
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules.
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Chancellor Angela Merkel’s government wants to accelerate moves to fight unemployment in troubled euro-area countries and is offering its expertise to countries such as Portugal and Spain, Finance Minister Wolfgang Schaeuble and Labor Minister Ursula von der Leyen said today in Berlin.
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Swiss billionaires Ernesto Bertarelli and Hansjoerg Wyss have acquired Merck KGaA’s Geneva headquarters to turn it into a biotechnology campus.
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The following is a reformatted version of the prepared testimony today of Federal Reserve Chairman Ben S. Bernanke to the Joint Economic Committee of Congress.
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Most Americans believe that the job market has grown more turbulent, with people changing employers ever more often. In reality, the opposite is happening.
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Denmark’s banks are preparing a campaign that will target the country’s lawmakers in an effort to prevent the nation exceeding European regulatory standards.
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Federal Reserve Bank of Dallas President Richard Fisher said the central bank will probably maintain or slow the current pace of $85 billion a month of asset purchases.
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Prime Minister Mariano Rajoy pledged to cut taxes in Spain before the next election, due in 2015, as he forecast a return to growth for the euro area’s fourth- largest economy.
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