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US cos begin insourcing jobs from China, Japan; India next in line?

Last Updated: Wednesday, January 11, 2012, 23:29

American companies are now moving jobs back from countries like China, Japan and Mexico and India could be next as the White House will soon announce incentives for bringing employment to the country.

US jobless claims at 9-month low, outlook brighter

Last Updated: Thursday, December 08, 2011, 22:32

New claims for unemployment benefits dropped to a nine-month low last week, a government report showed on Thursday, suggesting a labor market recovery was gaining momentum.

With 80,000 new jobs in Oct,US unemployment rate drops to 9%

Last Updated: Friday, November 04, 2011, 23:30

The unemployment rate in the United States dropped marginally to 9 percent from previous month's 9.1 percent, as the country added 80,000 new jobs in October.

Jobless voters could desert Obama at election

Last Updated: Tuesday, October 25, 2011, 21:47

The slot machines jangle away with the promise of sudden riches, but many visitors to a job fair at a second-tier casino here are hoping merely for a minimum-wage job to snap their losing streak.

Obama visits GM plant with South Korean Prez; signs trade pact

Last Updated: Saturday, October 15, 2011, 13:14

US President Barack Obama on Saturday visited GM's assembly plant in Michigan with South Korean President Lee Myung-bak and said the bail out the auto industry during the global financial crisis will create even more jobs for both the countries.

Obama’s trillion dollar folly?

Last Updated: Saturday, October 01, 2011, 16:29

It is just a matter of time that Obama’s plans worth trillions of dollars will become a folly if a just economic package fails to fill the political vacuum.

Obama’s trillion dollar folly?

Last Updated: Saturday, October 01, 2011, 16:29

It is just a matter of time that Obama’s plans worth trillions of dollars will become a folly if a just economic package fails to fill the political vacuum.

Is the `Buffett rule` solution for the West?

Last Updated: Tuesday, September 27, 2011, 10:21

While raising tax rates provides a temporary relief as far as the internal deficit targets are concerned it is not a universal remedy to meet the budgetary issues being faced by the western world.

Is the `Buffett rule` solution for the West?

Last Updated: Tuesday, September 27, 2011, 10:21

While raising tax rates provides a temporary relief as far as the internal deficit targets are concerned it is not a universal remedy to meet the budgetary issues being faced by the western world.

US Fed looks set to ease policy

Last Updated: Wednesday, September 21, 2011, 11:14

The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering US recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.

Tax rich Americans to pay for Obama's jobs bill

Last Updated: Tuesday, September 13, 2011, 11:23

US President Barack Obama indicated raising taxes on the rich and on energy firms to fund his USD 447 billion jobs stimulus bill, asking lawmakers to pass the law without "delays" and "politics", a proposal that immediately drew sharp reactions from the Republicans.

BofA looking to cut $5 billion annual costs

Last Updated: Tuesday, September 13, 2011, 09:06

Bank of America Corp said it will cut 30,000 jobs and slash annual expenses by USD 5 billion, but investors were unimpressed with the plan and the lack of details on how it will be accomplished.