![]() Christian Science Monitor | Let's fix jobs before we fix the deficit Christian Science Monitor By Robert Reich, Guest blogger / February 4, 2012 US President Barack Obama talks about the economy at Fire Station Number Five in Arlington, Virginia February 3, 2012. Reich argues that the positive jobs report is a political opportunity for Obama, ... Job Gains Reflect Hope a Recovery Is Blooming Payrolls Jump Casts Doubt on Fed's Rate Pledge: Economy Unemployment Rate Drops to 8.3%; Payrolls Jump |
![]() Wall Street Journal | Dow at Highest Since May 2008 Wall Street Journal By ES BROWNING The Dow Jones Industrial Average broke through to its highest close since May 2008, back before the Lehman Brothers Holdings Inc. collapse, as investors increasingly put aside fears of economic calamity and focused again on fundamentals. Dow Logs Highest Close Since May 2008 Stocks jump on reports of strong January job growth; oil rises for first time ... Dow finishes at highest since 2008, Nasdaq at highest since 2000 |
![]() Los Angeles Times | US unemployment rate drops to 8.3 percent, lowest in almost 3 years Channel 6 News Online WASHINGTON, DC (BNO NEWS) -- The United States unemployment rate for the month of January dropped to 8.3 percent, the lowest number in nearly three years, the US Labor Department (DoL) announced. In its January 2012 Employment Situation report, ... Jobs Report A Pleasant Surprise As US Payrolls Add 243K Workers U.S. Employment Situation Report for January (Text) Burst of jobs helps lower unemployment rate |
![]() BBC News | AMR wants to cut 13000 jobs, pensions Reuters By Kyle Peterson (Reuters) - AMR Corp, the parent of bankrupt American Airlines, wants to slash 13000 jobs and terminate employee pension plans as part of a cost-cutting strategy the carrier says is necessary to compete with rivals. AMR's Horton Expects American to Leave Bankruptcy Without Merger American Airlines' plan for pension bailout draws criticism AMR's Horton Expects American to Exit Bankruptcy Without Merger |
![]() CTV.ca | Greece Weighs Spending Cuts as Bailout Talks Edge Toward Deal Wall Street Journal By STELIOS BOURAS And ALKMAN GRANITSAS ATHENS—Greece is moving closer toward a deal with international creditors on a second €130 billion bailout package, the country's finance minister said Saturday, but added that key differences holding up ... Greek finance minister: Debt negotiations must be completed by late Sunday Venizelos Says Greece on Razor's Edge as Second Bailout at Stake Greece edges closer to deal, political hurdles remain |
![]() Bloomberg | ECB Plan for Loans as Collateral Said to Be Avoided by Some Euro Members Bloomberg Enlarge image ECB Loan Collateral Plan Said to Be Avoided by Some ECB Loan Collateral Plan Said to Be Avoided by Some Simon Dawson/Bloomberg The ECB is trying to improve funding access for banks in debt-strapped nations by widening the pool of eligible ... The ECB Has A Comprehensive Plan - It Is Not Merely Kicking The Can Down The Road GLOBAL MARKETS WEEKAHEAD - Central bank liquidity tap to stay open Will the great interest rate gamble pay off? |
![]() The Atlantic | Oil risks fuelling flames of Sudan conflict Reuters By Hereward Holland and Ulf Laessing PALOUGE OIL FIELD, South Sudan/KHARTOUM, Feb 2 - South Sudan's oil minister was riled when he discovered production from one of his remote oil fields was out by 40000 barrels per day, and immediately knew who to ... Total of France Says It Plans to Resume Exploration in South Sudan Block B Sudan bombs US-funded Bible school, forcing students, teachers to flee; US ... UN official Valerie Amos warns of looming crisis in South Sudan |
![]() Fox News | Gazprom says unable to meet greater Europe gas demand Reuters * Exports flows back to normal after reduction * Plans to increase overall shipments to Europe * Putin asks Gazprom for "maximum efforts" * Norway flows to UK healthy By Vladimir Soldatkin and Henning Gloystein MOSCOW/LONDON, Feb 4 (Reuters) - Russian ... Russia admits brief cut of gas supplies to Europe Gazprom 'Doing Its Best' to Meet EU Demand as Cold Snap Bites Moscow Curbs Supplies of Gas Across Europe |