business & economy
The final jobs report before the November presidential election came out Friday and it had a bit of good news for both candidate, though probably a bit more for President Barack Obama. The economy added 171,000 jobs, more than expected, but employment did nudge upward as people returned to the labor force.
In Kinshasa, Democratic Republic of the Congo, as in many places in Africa, hospital patients don't get to leave until they pay their bill. And every day they stay, the bill gets higher. They're prisoners of their medical debt.
In their debates, Mitt Romney and Barack Obama have clashed repeatedly over the economy. In the final debate, Romney vowed to focus on Latin America, an area where he said Obama hasn't engaged — but is that even possible?
The United States needs to focus less on building U.S. manufacturing jobs, a laudable goal to be sure, and more on retaining the entrepreneurs that are educated in her universities. That's the argument author Vivek Wadhwa makes and he says the solution is simple: more visas.
Women across the Middle East are stepping into the workforce and into the entrepreneur force, and the turmoil of the economic spring is in some ways making that possible. Women face barriers to professional growth across the Arab world, and being their own bosses helps alleviate that.
With U.S. demand for coal at decades-low levels, mining companies are turning elsewhere for places to sell their products. In most cases, that means the booming economies of Asia — and long trips on container ships.
In Kenya's Rift Valley, Lake Naivasha drives the economy. It's a draw for wildlife, tourists, business -- and pollution, which is imperiling all the rest. But a series of partnerships have cleaned up the lake and got it back on track.
There's a movement afoot to bring art -- real art -- to the masses. Costco, though its website, is selling Warhols and Matisses, and that's just the beginning. Art dealer Greg Moors says fine art is becoming more broadly available, in place of tacky prints.
Unemployment fell to 7.8 percent in September after the economy added 114,000 jobs and total employment increased 873,000. In addition, the labor department revised upward previous months' employment reports.
Africans have flocked to Europe for years, in search of a better life and to make money they could send back home. Now, as Europe's economy struggles, many Africans are ready to pack up and head back home, where the economy is better.