business & economy
For older adults, unemployment remains high, job searches long
While the economy takes tentative steps toward recovery, for older Americans, that recovery is elusive. With high unemployment rates already, their time spent looking for a new job is much, much longer than average.
Istanbul stirs passion with ban on shouting in open-air market
Istanbul is trying to show that it's becoming a more modern society and as part of that, some officials have decided they need to curtail certain practices. Among them is a ban on shouting in Istanbul's famous open-air market.
Thousands of Portugese fleeing sinking economy, with many headed for Brazil
Portugal's former colony, Brazil has a booming, growing economy. By comparison, Portugal's economy is moribund. As the highly educated younger generations struggle to find work, many are leaving and heading to Brazil. In Brazil, the need to prepare for upcoming international events and the growing economy provide many opportunities.
Facebook IPO raises question about company's future, innovative spirit
Facebook makes its initial public offering on Friday, with signs pointing to a $100 billion value and potentially more demand than supply. But once the IPO has passed, there are questions about just how innovative Facebook can remain, and how qualified Mark Zuckerberg is to lead a multi-billion dollar company.
New book casts America's economic future in strikingly positive light
Daniel Gross' new book "Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy," has a more optimistic take on the U.S. economy and its current state.
Big Macs provide good glimpse of global economy
Orley Ashenfelter is a professor at Princeton University and the author of the Big Mac Index, a measurement of a nation's wealth based on the average wages of a McDonald's employee over the cost of a Big Mac. For example, McDonald's employees in poorer countries would not be able to afford the food they serve.
Small town in New York reveling in new, community-owned department store
Saranac Lake lost its only department store in 2002. When that happened, locals had to travel 50 miles to buy socks or sheets. So they banded together, made a plan and late last year they opened a community-owned department store. They're happy to say that they're selling more than they projected they would at this point in time.
Delta Airlines drawing attention with purchase of Pennsylvania oil refinery
An oil refinery in Pennsylvania that was set to be closed has a new lease on life after Delta Airlines bought it to try and bring some stability and cost savings to its jet fuel purchases. Jet fuel accounts for more than one-third of the airline's costs.
Recession means new reality for Netherlands, stalwart economy of euro zone
The Netherlands is one of the richest and strongest economies in the euro zone. But, in recent months, the country has dipped back into recession as it tries to shave nearly $20 billion from its budget. It's forced some people living on the margins to seek assistance.
Recession hitting 'cultural creatives' especially hard
While the recession seems to loosening its grip on the U.S. economy, but one group isn't seeing it. The cultural creatives, small businesspeople like photographers, architects and graphic designers have seen their ranks thinned by 20 to 30 percent and are still waiting for the bounce back.
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Anthony Cloud (22 May, 2012 10:35:29)This is not a hate crime, it's an indifference crime. It is hard to say which is worse. There are no statutes covering "indifference crimes", ... -
Yaccob (22 May, 2012 01:14:39)I am from Eritrea as well. I had been through similar situations before i finally managed to arrive in Australia two years ago. so ...
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Vas (21 May, 2012 06:47:44)Weekend In Chicago https://vimeo.com/42522561
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DeeDi (21 May, 2012 02:57:20)I don't undstand Black folks we have soooo many gay folks in our families. Ya might not like it but those are the facts lets worry ...
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wavettore (21 May, 2012 12:10:25)Not the protests or the violence in the streets could ever stop one relentless Plan relying on its long tentacles and on the short memory ...