At least two sons of Muammar Gaddafi are proposing a resolution to the Libyan conflict that would entail pushing their father aside to make way for a transition to a constitutional democracy, the New York Times reported.
The S&P 500 posted its best first quarter since 1998, while the Dow Industrials had its biggest Q1 since 1999. Could this be a bullish sign for the rest of the year?
There are more complaints today than there were in the middle of the recession: Now, those who are working have finally stopped being scared about losing their jobs...
The Federal Reserve announced Wednesday that it was declining an offer from American International Group to buy the mortgage-related assets it holds in its Maiden Lane II portfolio.
Friday's news that the US economy added 216,000 jobs in March is more evidence the recovery is spreading. The unemployment rate dropped to 8.8 percent, the lowest in two years.
Despite the job growth, some economists and investors are concerned about inflation and how rising prices might affect the stock market and companies' desire to hire in the coming months.
Aside from the inflation conundrum, the unemployment rate is still stubbornly high. The economy has regained only a fraction of the jobs lost during the recession and labor leaders say much more needs to be doneto encourage hiring.
Some business are hiring—for specific positions requiring specific skills. In fact, there are shortages of workers in some sectors and employees in demand have the ability to negotiate better salaries and benefits.