Finance & Economics

Long-Term Unemployment's Strain On The Job Search

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A job seeker makes a list of his skills during a workshop in Burlingame, Calif. aimed towards people that have been out of work for at least six months. According to the Labor Department, there are now more than 2 million people who have been jobless for at least two years.

Young people voice concerns on impact of economic crisis to UN officials

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Secretary-General Ban Ki-moon (left) speaks with youth delegates attending the sixty-sixth session of the General Assembly.

Apple Announces A New Phone And Voice Recognition, But Not The iPhone 5

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Apple CEO Tim Cook speaks at the event introducing the new iPhone.

ABC News And Yahoo! Open A New Partnership With A Presidential Chat

ABC News and Yahoo! announced today that they are teaming up in a "strategic online news alliance" they hope will reach 100 million U.S. users a month.

Germany Approves A Bailout That's Way Too Small To Solve Europe's Problems

By a wide majority, Germany's parliament just agreed to expand Europe's bailout fund. This sounds like a big deal: Germany's rescuing Europe!

'Retirement Heist': How Firms Trimmed Pensions

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How Companies Plunder and Profit from the Nest Eggs of American Workers

Bank Of America's $5 Per Month Debit Card Fee Is Sign Of The Times

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Using one of these is starting to cost more.

Average Length of Unemployment Remains High

A New Horizon Credit Counseling Confirms Findings

The U.S. Department of Labor, Bureau of Labor Statistics recently reported that the average length of unemployment among American households in August of 2011 was 40.3 weeks. That is the longest on record. This trend is confirmed by A New Horizon Credit Counseling Services, a nonprofit organization providing credit counseling and debt management to displaced workers. Stephen D. Marcus, President of the A New Horizon Credit Counseling explains, “We are in monthly contact with our clients and survey them quarterly. Our information confirms the Department of Labor statistics. It is particularly noticeable among older workers and recent college graduates”.

Can Fed's New 'Twist' Prevent Another Recession?

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Is the United States on the verge of a double-dip recession?

Bad Boy Enterprises Agrees to $715,000 Civil Penalty for Failing to Report Defective Buggies

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