ATHENS, Greece (AP) - Greece's deep, six-year recession is likely to end in 2014, but unemployment will remain above 20 percent for another three years, the European Commission said Friday in a report. (Source: Associated Press)... [Full Article]
By Matt Scuffham LONDON (Reuters) - State-backed Lloyds Banking Group is cutting another 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank since its 2008 bailout to around 35,000. Lloyds, 39 percent owned by the Bri... [Full Article]
World stock markets were subdued on Monday as the momentum from an unexpectedly strong U.S. jobs report last week faded. Major indexes on Wall Street as well as Germany's DAX hit record highs on Friday, ... (Source: Associated Press)... [Full Article]
By Herbert Lash NEW YORK (Reuters) - The U.S. dollar surged against the yen and global equity markets rallied on Friday after the U.S. government reported surprisingly strong jobs growth for April that drove optimism on the economy, driving Wall Stre... [Full Article]
By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks rallied on Friday, with the S&P 500 and Dow industrials hitting intraday records after employment grew more than expected in April, easing concerns about a weak economy. The S&P 500 index bro... [Full Article]
By Herbert Lash NEW YORK (Reuters) - The U.S. dollar climbed more than 1.0 percent against the yen and global equity markets surged on Friday, boosted by a U.S. labor report showing stronger-than-expected jobs growth in April. Wall Street stocks surg... [Full Article]
NEW YORK (Reuters) - Stock futures shot up on Friday after data showed employment rose more than expected in April, pushing the unemployment rate down to 7.5 percent, which could help ease concerns of a sharp slowdown in the economy. S&P 500 futu... [Full Article]
By Angela Moon NEW YORK (Reuters) - Stock futures were little changed on Wednesday as investors waited to hear from the U.S. Federal Reserve on the state of the economy, and on signs of fatigue after the S&P 500 benchmark index ended at another a... [Full Article]
By Steve Slater LONDON (Reuters) - HSBC is cutting 1,149 jobs in Britain in another round of redundancies to save money and slim down Europe's biggest bank. The cuts are part of a 3-year revival plan by Chief Executive Stuart Gulliver to cut cos... [Full Article]