Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Last year was turbulent, trying and tumultuous for global stocks and commodities, And for many investors and traders, 2011 couldn’t end soon enough. In the final trading day of 2011, the Dow Jones Industrial Average closed down 69 points, but managed to [...]

The Media Line Staff Cairo, Egypt (TML) – Egypt’s decision to reject loans from the International Monetary Fund (IMF) and World Bank may save the government unwelcome political controversy at home, but it risks undermining the country’s already severely strained economy, economists warned. The terms of the IMF financing as well as the government’s plan [...]

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The U.S. Postal Service might still have a chance to raise its rates by more than 5 percent after a federal court ruling this week. The Postal Service tried to raise its rates earlier this year but the plan was rejected by [...]

U.S. employers added the most jobs in nearly a year in April, a sign of economic strength, but unemployment rose as well to 9.0 percent. “U.S. job growth hits 11-month high” is categorized as “business”. This video was licensed from Grab Networks. The copyright notice of this video is “© 2011 Reuters Business.” For additional [...]

Economists digested some grim data on the US economy yesterday, with official figures showing that new claims for unemployment benefits had climbed to an eight-month high, while productivity growth slowed over the first three months of the year. View full post on All Stories

Jim Keller – AHN Sports Reporter New York, NY, United States (AHN Sports) – Lamar Odom was named NBA Sixth Man of The Year on Tuesday, but could that be bad news for the Los Angeles Lakers? Odom, who averaged 14.4 points, 8.7 rebounds and three assists per game and shot 53 percent from the [...]

Edward Lewis – AHN Sports Reporter Martinsville, VA, United States (AHN Sports) – Jamie McMurray had a career year last season and after a slow start this year he’s hoping that Saturday’s pole at Martinsville Speedway will get him and his team rolling again in the NASCAR Sprint Cup Series. Wheeling a rare No. 1 [...]

Thousands of unemployed people in Michigan could continue receiving extended federal unemployment benefits under a plan approved by state lawmakers Wednesday, though state-level benefits would be limited for people filing new jobless claims next year. View full post on All Stories

By Tony Marrero, Times Staff Writer Saturday, March 19, 2011 BROOKSVILLE — To an electorate battered by recession, beleaguered by high unemployment and uptight about the nation’s budget deficit, the news that members of Congress are still giving bonuses to staffers might cause jaws to clench. But that’s what happened, and former U.S. Rep. Ginny [...]

Some say Pontiac’s glory days are over for a town with padlocked auto plants, 23.9% unemployment and an ebbing population that has dwindled since 1970. View full post on All Stories

Confidence among U.S. consumers increased more than forecast in February to the highest level in three years a drop in unemployment helped overcome concern over increasing food and fuel costs. View full post on All Stories