Employment
  • Merkel challenger under fire for saying chancellor underpaid

    Merkel challenger under fire for saying chancellor underpaid

    By Erik Kirschbaum, Reuters

    BERLIN (Reuters) - Chancellor candidate Peer Steinbrueck was widely criticized on Sunday, even by his own center-left Social Democrats (SPD), for saying German leaders were underpaid. Steinbrueck has...

  • Analysis: After "fiscal cliff" dive, more battles, new cliffs

    Analysis: After "fiscal cliff" dive, more battles, new cliffs

    By David Lawder and Fred Barbash, Reuters

    WASHINGTON (Reuters) - Whether or not the "fiscal cliff" impasse is broken before the New Year's Eve deadline, there will be no post-cliff peace in Washington. With the political climate toxic in...

  • Obama: "modestly optimistic" fiscal cliff deal can be reached

    Obama: "modestly optimistic" fiscal cliff deal can be reached

    By Mark Felsenthal and Roberta Rampton, Reuters

    WASHINGTON (Reuters) - President Barack Obama held out hope for a last-minute agreement to avoid the "fiscal cliff" of tax increases and spending cuts after a meeting with congressional leaders,...

  • U.S. Senate leaders aim to craft "fiscal cliff" bill by Sunday

    By David Lawder and Rachelle Younglai, Reuters

    WASHINGTON (Reuters) - U.S. Senate leaders are working to craft legislation by Sunday that averts the year-end "fiscal cliff" of tax hikes and spending cuts, but many details needed to be worked out...

  • Deal reached to avert U.S. port strike for now

    Deal reached to avert U.S. port strike for now

    By Ernest Scheyder, Reuters

    (Reuters) - The union representing nearly 15,000 dockworkers at U.S. Atlantic and Gulf Coast seaports stretching from Boston to Corpus Christi, Texas, reached a tentative contract deal with shipping...