US may not dip back into recession: Yale President

Yale President Richard Levin is hopeful the worst may be over for the world\'s biggest economy.

A case for bulls

The headline says it all. Things seem to be in the upbeat mood. Most pockets of the economy seem to be firing on all engines, the consumer appears to be back, earnings for the September ’09 quarter looked up and the equity market doesn’t seem to be looking weary.

US jobless rate hits 26year high at 10.2%

Joblessness is on the rise in the US. The jobless rate jumped to 10.2% to hit a 26year high: employers cut 1,90,000 lakh jobs in October.

Jobless rise `sobering,` looking at options: Obama

US President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after \"sobering\" news that unemployment spiked to a 26 1/2year peak last month.

Gold futures top $1,100/oz for first time

Gold futures in New York rose to a record above USD 1,100 per ounce on Friday as the dollar eased in the wake of disappointing U.S. employment data.

Two killed, 6 injured in Orlando, Fla. Shooting

Two people were killed and six injured by a gunman who opened fire in a highrise office building in Orlando, Florida on Friday, local media reported.

CSKA Sofia coach Penev resigns over suspension row

CSKA Sofia coach Penev resigns over suspension row

Surge in temp jobs points to stronger US economy

US temporary staffing historically one of the first areas to show evidence of a jobs recovery surged in October, adding about 34,000 jobs in a positive sign for the overall economy even as the overall employment rate rose above 10%.