Federal Reserve Chairman Ben S. Bernanke may find his options for reducing unemployment near a 26-year high are constrained after Republicans take control of the House of Representatives next month. View full post on All Stories

Agriculture in India has a long history and is one of the strongholds of the economy. The sector provides employment to over 55% of the Indian workforce and accounts for 14.6% of India’s GDP, playing a crucial role in the overall socio-economic development of the country. View full post on All Stories

New college graduates “are facing crisis levels of unemployment,” said Heidi Shierholz, an economist at the Economic Policy Institute, a Washington, D.C., think tank. View full post on All Stories

Vittorio Hernandez – AHN News News Writer Bentonville, Arkansas, United States (AHN) – Wal-Mart Stores announced Wednesday that it will no longer pay its employees who work Sundays an additional $1 an hour. The new policy, however, would only cover workers hired after Jan. 1, 2011. Current U.S. employees numbering 1.4 million will not be [...]

Linda Young – AHN News Writer Beijing, China (AHN) – China announced its intent to tighten its monetary policy in 2011 in a shift from relatively loose to a prudent stance, a sign that it might hike interest rates. In 2008, China responded to the global economic policy by loosening its then tight monetary policy. [...]

Fannie Mae issued a bulletin clarifying its policy on loans that have been repurchased. In some cases, the secondary lender will purchase mortgages that have been repurchased by the seller. Among other requirements on such loans, the condition that made the loan ineligible must be cured. View full post on All Stories

WASHINGTON, Nov. 20 (UPI) — Two years of Democratic-governed economic policy has led to a hike in U.S. unemployment, Republican Sen. Mitch McConnell of Kentucky said Saturday. View full post on All Stories

The Obama administration on will push Congress next year to move ahead on critical technology policies, the White House’s technology chief said on Thursday. View full post on All Stories

Skilling India’s young is the biggest long-term challenge to keep the economy growing fast, while the size of fiscal deficit and rate of inflation present short-term challenges to policy makers, a panel of industrialists and economists said View full post on All Stories

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A return of Republicans to a majority in the House of Representatives is weakening the foreign policy influence of President Barack Obama, according to political commentators. View full post on All Stories