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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.

Zynga Scores in DefectionVille Again: CFO David Wehner Exits

Here's a free game idea for Zynga. It's called DefectionVille, and you're running a company while trying to stop its executives from leaving. Unfortunately for the social gaming giant, it's losing: The exec exodus continued Tuesday as Zynga CFO David Wehner left the company for Facebook.

India's Largest Travel Website is Losing Altitude Fast

There was plenty of buzz behind MakeMyTrip when India's largest travel website went public two years ago. The stock soared far beyond what the company's outlook could have justified. Now, the laws of finance and physics have kicked back in, and the stock price is crashing back down to Earth.

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.

Can Tweets and Status Updates Really Predict Stock Moves?

Investors looking to predict how the stock market will move have produced countless beat-the-market strategies over the centuries. The latest is a theory that suggests tweets and status updates can be used to foresee a company's fluctuations on Wall Street. Crazy ... but could it work?

Sandy Highlights the Wealth Gap, Forces Rich to Drink Good Wine

A hurricane can be the ultimate equalizer. No matter where on the socio-economic spectrum they stood before the storm, its victims afterward had many of the same needs: food, shelter, electricity and flushable toilets. But some "necessities" are of a more sophisticated nature.

Earn Some Gas Money With Your Own Rent-a-Car Program

While many city dwellers are familiar with companies like Zipcar, which allow customers to use cars on an occasional basis, if you own a car, you might think the trend has nothing to do with you. But you can get in on the car-sharing action yourself from the other side of the equation to earn some extra cash.

FarmVille Maker Closes the Barn Door Too Late on Fleeing Money

Zynga hit investors with bad news on Tuesday, announcing it would lay off 5% of its employees, scale back, and suspend development of 13 older games. And it all came out as Facebook, to which the social gaming leader's fortunes are closely linked, reported better than expected results.

Facebook Mobile Gains Spur Revenue Growth

Facebook posted a 32 percent jump in third-quarter revenue to $1.26 billion, as the company reignited advertising growth with the help of larger-than-expected gains in mobile. The company's shares leapt 9 percent to $21.22 in after-hours trading on Tuesday.

4 Ways You Can Profit From the Zombie Apocalypse

AMC's "The Walking Dead" is a runaway hit,and its ratings just keep getting bigger. Clearly, America is in a post-apocalyptic mood, as hooked on zombies as we are on vampires. So if you've got the brains, you might want to invest in this undead trend. Here are four stocks to consider before the world ends.

Marissa Mayer to Move Yahoo Back to Tech Roots

Long torn between whether it should focus on media content or on tools and technologies, Yahoo under Marissa Mayer is being positioned firmly in the latter camp, according to sources inside and outside the company.

Big Oil Isn't as Profitable as Everyone Thinks

Americans spend a lot of money on oil: about $632 billion a year. And the big oil producers report eye-popping annual profits, like ExxonMobil's $41 billion in 2011. Numbers like that may make you feel like we're getting robbed at the pump ... but it's not that simple.

Obama vs. Romney, Round 2: What to Watch for at the Town Hall

The first debate between Mitt Romney and Barack Obama accomplished what few debates have: a dynamic change in the race. Debate No. 2 has the potential to change it all again. And in a town hall format, with real people asking the questions, surprises are virtually guaranteed. That said, here are five things to watch for.

The Problem with Personal Financial Management Tools

Given the complexity of their financial lives, you'd think boomers would be avid users of the latest money apps and programs. But most aren't. Is it them, or is it the products and services being offered? Turns out it's both.

10 Brands Losing the Most Value

While some of the biggest brands have grown their values by more than 20% since last year's report by Interbrand, others have fallen precipitously. Here are the brands that lost the most value over the past year.

Hillary Clinton Wants to Tax the Rich -- Here, There and Everywhere

Last month, Secretary of State Hillary Clinton suggested that elites the world over are under-taxed, and that governments everywhere should change that. Most commentators just assumed she was trying to export the "tax the rich" meme. But what if she's really trying to avoid exporting the rich?

Debate Fact Check on Jobs: Who Told The Truth and Who Didn't

Barack Obama and Mitt Romney offered viewers a blizzard of facts and figures Wednesday night, but not all of those "facts" were entirely accurate. Since employment is issue No. 1 for the American people right now, AOL Jobs has fact-checked the candidates' claims.

A Winning Strategy for Saving: These Sites Make It a Game

With interest rates so low these days, it's hard to get motivated about putting money into a savings account. But it is important to save, and so services have popped up that use other methods to encourage us. Two in particular -- SaveUp and SmartyPig -- turn saving and paying down debts into a game.

iOS 6 Is Here: What Features Will Your iDevice Get?

Apple has pushed iOS 6 live with a long list of new features, like system-wide Facebook integration, Passbook, and a much improved Siri. But while the upgrade offers a lot of new stuff, not everyone will get all of it. What will iOS 6 add to your device? The experts at TechCrunch break it down.

Fake Reviews: Don't Fall for This Online Marketing Scam

Shoppers love online customer reviews. They offer the benefit of other people's experiences with a product before you buy, so you can have a better idea whether it's worth the money. Yes, they're great -- if you can trust the source. But often, you can't.

Wall Street Watch Tuesday: Zynga Execs Keep Bolting

Zynga, the company behind FarmVille, Words With Friends and Mafia Wars, has been having a hard time holding on to its stock value -- and its top employees. But are executives leaving because of the weak share price or is the share price weak because of the company's prospects?

Wall Street Watch Wednesday: Checking Under Pep Boys' Hood

The Pep Boys are a trio, but these day, the company is cruising solo -- and it's not enjoying driving alone. The retailer of auto parts and provider of automotive services, spurned after merger talks this spring, posted uninspiring quarterly results on Tuesday night.