Employment
  • Tax hike for wealthy won't kill growth: CBO

    Tax hike for wealthy won't kill growth: CBO

    By David Lawder and Kim Dixon, Reuters

    WASHINGTON (Reuters) - Allowing income tax rates to rise for wealthy Americans, and maintaining rates for the less affluent, would not hurt U.S. economic growth much in 2013, the Congressional Budget...

  • Groupon results disappoint again, stock hits record low

    Groupon results disappoint again, stock hits record low

    By Alistair Barr, Reuters

    SAN FRANCISCO (Reuters) - Groupon Inc's results again fell short of Wall Street's already-cautious expectations as the daily deal company failed to turn around a struggling European business, sending...

  • Trade deficit narrows, economy resists global chill

    Trade deficit narrows, economy resists global chill

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - The trade deficit unexpectedly narrowed in September as exports rose sharply, suggesting global demand for U.S. goods was holding up despite a debt crisis in Europe. Other data...

  • Jobless claims fall though storm distorts data

    Jobless claims fall though storm distorts data

    By Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction although a severe storm...

  • Boehner Floats the “C” Word (Compromise) for Cliff Deal

    By Eric Pianin and Josh Boak

    As the country lurches headlong toward the fiscal cliff, House Speaker John Boehner offered an olive branch to make peace with the newly re-elected President Obama on Wednesday. The top Republican on...