Reuters

Reuters Prematurely Publishes Harsh George Soros Obituary

Reuters published on Thursday evening an online obituary for Hungarian-born American financier George Soros, who remains alive, giving a harshly critical portrait of his life.

Initial Jobless Claims Fall for Third Straight Week

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, the latest indication the labor market recovery was gaining traction.

Barclays to Cut 3,700 Jobs As Part of 'Project Transform'

Barclays new chief executive pledged a fresh course for the British lender on Tuesday, axing at least 3,700 jobs and pruning its investment bank as he seeks to rebuild its reputation and boost profitability after a series of scandals.

Initial Jobless Claims Inch Up in the New Year

The number of Americans filing new claims for unemployment benefits rose by 4,000 last week, but seasonal volatility makes it difficult to get a clear picture of the labor market's health. The prior week's figure was revised to show 5,000 fewer applications than previously reported.

Initial Jobless Claims Fall Again as Hurricane Sandy's Impact Fades

The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the surge related to Hurricane Sandy, which has muddled the labor market picture. Initial claims dropped 23,000 to a seasonally adjusted 393,000.

Major Banks Cutting 160,000 Jobs Worldwide -- With More to Come

Major banks have announced some 160,000 job cuts worldwide since early last year, more layoffs are coming as the industry restructures. The numbers are much higher in Europe than in Asia or the United States -- and those loses will be a particularly heavy blow to Britain.

Weekly Jobless Claims Fell to 355,000

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.

Unemployment Rate Falls to 7.8%, Best Since January 2009

The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, even as more Americans come back into the labor force to resume the hunt for work.

U.S. Consumer Sentiment Gains to Four-Month High in Sept

U.S. consumer sentiment rose to its highest level in four months in September as Americans saw better prospects for the job market and economy, a survey released on Friday showed.

Is the Electric Car Revolution Running Out of Juice?

Electric car sales are nowhere near what the auto industry -- or Washington -- hoped they'd be by now, though Tesla Motors' hot Model S sedan doing great, and the the Chevy Volt is finally getting some traction. But is the electric revolution stalled, or just accelerating too slowly?

Unemployment Claims Highest In 5 Weeks, Rise To 372,000

The number of Americans filing new claims for jobless benefits unexpectedly rose last week, suggesting the labor market is healing too slowly to make much of a dent in the unemployment rate.

The Economic Outlook Is Looking Up: Leading Indicators Rise in July

A gauge of future U.S. economic activity improved in July on a drop in new claims for jobless benefits and an increase in housing permits, although the reading still pointed to sluggish growth ahead.

Greek Debt Crisis Fix May Cost Central Banks up to 100 Billion Euros

European policymakers are working on "last chance" options to bring Greece's debts down and keep it in the euro zone, with the ECB and national central banks looking at taking significant losses on the value of their bond holdings, officials said.

Initial Jobless Claims Fall for First Time Since April

The number of Americans lining up for new jobless benefits fell last week by 12,000, dropping for the first time since April and hinting that last month's slowdown in hiring may have been temporary.

What's the Difference Between Wall St. Banks and Used Car Salesmen?

Not much, and the jokes on you if you think otherwise. As the Facebook IPO makes abundantly clear, ordinary investors need to stop counting on Wall Street to look out for them.