Employment
  • US Air, AMR near $11 billion merger, deal seen within week : sources

    US Air, AMR near $11 billion merger, deal seen within week : sources

    By Soyoung Kim, Reuters

    NEW YORK (Reuters) - US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key...

  • White House warns of damaging "sequestration" spending cuts

    White House warns of damaging "sequestration" spending cuts

    By Mark Felsenthal and Roberta Rampton, Reuters

    WASHINGTON (Reuters) - The White House said on Friday that government spending cuts due to take effect March 1 would have harsh consequences for ordinary Americans and the U.S. economy, seeking to...

  • Feel Better About the Economy? You’re a Democrat

    By Josh Boak, The Fiscal Times

    If you feel more optimistic about America’s future, you probably vote Democrat. You’re younger than 29 years old. And you’re Hispanic, or, maybe, Asian. How you feel about your standard of living...

  • Great Recession Leaves Long-Lasting Scars: Poll

    By Michael A. Fletcher and Peyton Craighill, The Washington Post

    Americans remain deeply pessimistic about the nation’s economic future nearly four years into the recovery, and the vast majority think it will take “many years” for things to return to the way they...

  • Obama open to "big deal" on budget, but wants revenues

    Obama open to "big deal" on budget, but wants revenues

    By Steve Holland, Reuters

    LEESBURG, Virginia (Reuters) - President Barack Obama told congressional Democrats on Thursday he is willing to agree to a "big deal" with Congress on spending cuts and tax reforms to end uncertainty...