Labour has called for an emergency cut in VAT to kick-start economic recovery as a slump in retail sales added to the bleak picture of the nation’s finances.[Read more...]
Reuters - Wall Street ended a four-day rally with its worst session since August on Wednesday and could suffer more losses in coming days as investors faced more signs the economic recovery is fading.[Read more...]
LONDON—Consumer prices in developed economies rose in March at the fastest pace since October 2008, driven by energy and food inflation. But with the economic recovery still fragile in many of those economies, the response of central banks to the pickup in inflation is likely to vary. The European Central Bank raised its key [...]
AP - A bullish President Barack Obama said Friday that compromise is close with Republicans on $33 billion in budget cuts, and he warned that without a deal the ensuing government shutdown would “jeopardize our economic recovery” just as jobs are finally being created.[Read more...]
Reuters - U.S. private employers added more than 200,000 jobs in March while planned layoffs fell, underscoring expectations that momentum in the labor market will help underpin the economic recovery.[Read more...]
LONDON—British workers’ take-home pay fell in 2010 in the first annual decline since 1981, illustrating the strain on household budgets and casting further doubt over the prospects for the economic recovery. Household real disposable income—income after tax and adjusted for inflation—fell 0.5% in the fourth quarter compared with a rise of 0.5% in the [...]
Immigrants from most Latin American countries sent home substantially more money at the beginning of 2011 than they did a year earlier, signaling the economic recovery in the U.S. and other developed countries has improved prospects for foreign workers. Guatemala, Honduras, El Salvador and Mexico received between 6% and 16% more revenue from [...]
NEW YORK—U.S. stocks flickered between small gains and losses despite the strongest earthquake to hit Japan in at least 300 years, as investors predicted that the impact on the global economy would be relatively modest. Markets Hub: Markets Roiled By Earthquake [...]
Reuters - Oil stabilized on Friday after a sharp reversal from a 2-1/2 year peak overnight, calming concerns that a surge in prices would hurt economic recovery.[Read more...]
U.S. workers have reason to hope for slightly better pay raises this year, a shift that could add momentum to the economic recovery. With corporate America sitting on large piles of cash and manufacturers seeing a surge in exports to fast-growing emerging markets, signs are mounting that some of the benefits will start trickling [...]
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Syria assault enters fourth day~RS~q~RS~~RS~z~RS~02~RS~)
‘Serious questions’ over NZ spill
Libyans claim gains in Gadhafi hometown offensive
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PM demands Fox answers on Monday~RS~q~RS~~RS~z~RS~03~RS~)
Fierce street fighting in Sirte
Snipers in last-ditch bid to defend Gaddafi hometown
(Reuters)
FBI searches for missing Mo. baby in Kan. landfill
(AP)
Libyans face heavy resistance in Gadhafi hometown
(AP)Snipers slow government attack on Gaddafi hometown
(Reuters)
Libyan government forces launch big assault on Sirte
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Libya troops renew Sirte assault
Doubtful social conservatives giving Romney chance
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Libya troops renew push for Sirte
Split in cultural conservatives could help Romney
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Tank fire hits Gaddafi stronghold
Discord Riddles Libyan Factions
Spain’s, Italy’s Ratings Cut~RS~q~RS~~RS~z~RS~06~RS~)
Libya battle hits heart of Sirte
Nobel honors African, Arab women for peace
(Reuters)