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Unemployment rate rises, in sign of weak growth
Washington Post
The unemployment rate edged up and private-sector job creation continued at a modest pace in August, the government said Friday, reflecting an economy that is treading water, neither accelerating into a robust recovery nor slipping into another recession....
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UN calls meeting on food price concerns
BBC
The United Nations' food agency has called a special meeting of policy makers to discuss the recent rise in global food prices. The announcement came after Russian Prime Minister Vladimir Putin extended the country's ban on grain exports...
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Goldman Sachs Said to Be Closing Principal Strategies (Update1)
Bloomberg
Sept. 3 (Bloomberg) -- Goldman Sachs Group Inc. is shutting its principal-strategies business, a group that makes bets with the firm’s own capital, to comply with new U.S. rules aimed at curbing risk, two people with knowledge of...
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FOX News
By Clare Baldwin, Soyoung Kim and Kevin Krolicki NEW YORK/DETROIT, (Reuters) - The U.S. government islikely to take a loss on General Motors Co in the firstoffering of the automaker's stock, six people familiar withpreparations for the landmark...
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VW plans to be No. 1 car seller in the world by 2018
USA Today
Is Volkswagen out of its mind? The world's third-biggest car company, revving up a plan to become the very biggest on the planet, will tell you absolutely not. Bases covered. But consider: VW wants to be the world's...
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Stocks rally as jobs data spurs optimism
Reuters
By Rodrigo CamposNEW YORK (Reuters) - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.The S&P 500 gained...
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Dow back in the black for 2010
CNN Money
Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.The Dow Jones industrial average rose 128 points, or 1.2%. The S&P 500...
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Unemployment Rate Rises to 9.6 Percent
ABC News
Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work. Private employers added a...
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U.S. employers push increase in cost of healthcare onto workers
Chicago Tribune
Reporting from Washington-- As employers struggle with rising healthcare costs and a sour economy, U.S. workers for the first time in at least a decade are being asked to shoulder the entire increase in the cost of health...
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