WASHINGTON – The unemployment rate rose to 9.8 percent in September as employers cut far more jobs than expected, evidence that the longest recession since the 1930s is still inflicting widespread pain. Full Story »
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WASHINGTON – The unemployment rate rose to 9.8 percent in September as employers cut far more jobs than expected, evidence that the longest recession since the 1930s is still inflicting widespread pain. Full Story »
MUNICH - A German court said Friday it has ruled that John Demjanjuk can be tried on charges of being an accessory to the murder of thousands at a Nazi death camp, and that the trial likely will start in early November. Full Story »
KOROLYOV, Russia - It's a comical first for the International Space Station. Full Story »
NEW YORK - The nation needs to give the same urgency to making sure all Americans have broadband access as the Eisenhower administration did in building an interstate highway system a half-century ago, a report released Friday concluded. Full Story »
DENVER - After a champagne celebration at Coors Field, the Colorado Rockies headed to Los Angeles with a playoff berth in their back pocket and another goal in mind: snatching the NL West title from the reeling Dodgers. Full Story »
COPENHAGEN (Reuters) - Chicago played its two trump cards on Friday, U.S. President Barack Obama and his wife Michelle both making impassioned speeches as they urged the IOC to choose the Windy City as host of the 2016 Olympics. Full Story »
MANILA (Reuters) - The Philippines declared a nationwide state of calamity on Friday as a "super typhoon" bore down a week after flash floods killed nearly 300 people in and around Manila. Full Story »
GENEVA (Reuters) - Talks between Iran and six major powers over Tehran's nuclear program on Thursday opened the door to improved relations as Iran agreed to allow U.N. inspectors into a newly disclosed uranium enrichment plant. Full Story »
LALOMANU, Samoa (Reuters) - Grieving Samoans buried their dead in unmarked beachside graves on Thursday as the gruesome task of recovering bodies from villages destroyed by four tsunamis continued and an aftershock shook the region. Full Story »
WASHINGTON (Reuters) - The U.S. Senate Finance Committee on Friday wrapped up debate on a massive overhaul of the U.S. healthcare system and prepared to vote on the legislation next week. Full Story »
PADANG, Indonesia (Reuters) - Aid to thousands of survivors of an earthquake in the Indonesia port of Padang began trickling in on Friday, but rescue efforts were hampered by power blackouts and a lack of heavy equipment to shift masonry. Full Story »
BANGKOK (Reuters) - Efforts to convince rich nations to toughen emissions cuts have failed to make much headway at climate talks in the Thai capital, the U.N. said on Friday. Full Story »
JERUSALEM (Reuters) - A 2-minute video of an Israeli soldier held captive by the Palestinian Islamist group Hamas for the past three years shows him "healthy and coherent" and speaking to the camera, Israeli officials said on Friday. Full Story »
PADANG, Indonesia (AFP) - Quake-hit Indonesia appealed for foreign aid on Friday as the stench of decomposing bodies hung over wrecked buildings where overwhelmed rescuers were scrabbling for survivors. Full Story »
COPENHAGEN – Combining hometown pride and political muscle, President Barack Obama lobbied Olympic leaders on Friday to give the 2016 Summer Games to Chicago, saying a nation shaped by the people of the world "wants a chance to inspire it once more." Full Story »
WASHINGTON – The unemployment rate rose to 9.8 percent in September as employers cut far more jobs than expected, evidence that the longest recession since the 1930s is still inflicting widespread pain. Full Story »
SAN FRANCISCO (Reuters) - A $179 million budget shortfall awaits San Diego next year, putting California's second-largest city on track for yet more spending cuts, Mayor Jerry Sanders said on Thursday. Full Story »
Among the earnings stories for Thursday, Oct. 1, from AP Financial News: Full Story »
PARIS - Unemployment is rising around the world as the recession leaves few corners untouched but sharp differences remain between companies directly hit by financial or housing-market collapses and those that have deliberately protected jobs with expensive measures including subsidizing shorter working weeks. Full Story »
McLEAN, Va. - Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year's record low, Freddie Mac said Thursday. Full Story »
CHICAGO - Shares of luxury department store chain Saks Inc. sank Thursday after an analyst downgraded the retailer, saying its stock was properly valued. Full Story »
NEW YORK (Reuters) - A fall of more than 10 percent in the average apartment price in Manhattan in the third quarter from a year earlier attracted buyers who pushed up the number of sales by over 45 percent in just one quarter, industry reports showed Friday. Full Story »
SINGAPORE (Reuters) - Oil fell toward $70 a barrel on Friday, driven lower by the dollar's recovery and concerns over U.S. employment data, while worries over the West's talks with Iran about the OPEC member's nuclear plan eased. Full Story »
WASHINGTON - A key House lawmaker wants to make credit rating agencies widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities that triggered the financial crisis collectively liable for inaccuracies. Full Story »
WASHINGTON - Aspiring homebuyers rushed to take advantage of a tax credit for first-time owners that expires in November, driving up the number of signed sales contracts for the seventh straight month in August. Full Story »
The MBA in the corner office, fresh out of business school with a six-figure paycheck, is a standard trope of Corporate America. Every incoming student has heard rags-to-riches tales of that gilded certification leading to giant paychecks and even bigger bonuses. But how often do these MBA fairy tales actually come true? According to new research: not as often as you think. Full Story »