Shares in Asia rose Monday, boosted by good news in the U.S. job market. In Japan the Nikkei 225 Index advanced 1.1% and in China the Shanghai Composite Index climbed 1%. In Hong Kong the Hang Seng Index inched up 0.4%.
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U.S. unemployment fell during the last half of October, indicating that the government-measured unemployment rate over the next month may drop to its lowest levels in more than a year.
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Pending home sales in the U.S. unexpectedly fell 1.8% in September, the National Association of Realtors reported Friday. It was the statistic’s first decline in three months, and one that suggests that the housing sector’s rec…
Before the GOP power surge on Tuesday, President Obama had steadfastly refused to consider extending the Bush tax cuts — due to expire at the end of the year — for America’s wealthiest taxpayers. Now, he says he’s willing to …
Voters angry about stubbornly high unemployment played a major role in this week’s elections. Regardless of the rhetoric, though, American politicians and corporate leaders need to make major changes to bring the employment cri…