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More young adults living with their parents

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Last year, 36% of American young adults were living with their parents. According to an analysis of U.S. Census Bureau data, a record 21.6 million...
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General Motors retail sales increased 23 percent in July

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July was a good month for General Motors Co., with retail sales up 16 percent compared to July last year.  The company sold over 234,000...
Five Pound note (sterling).

Bank of England will keep bank rate at 0.5%

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The Bank of England’s Monetary Policy Committee voted yesterday to keep the bank rate at 0.5% and the size of the Asset Purchase Programme...
Federal Reserve

Federal Reserve states that U.S. economy is improving

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The U.S. Federal Reserve has issued a statement that the U.S. economy is improving. During the first half of the year U.S. economic activity increased...
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European unemployment rate drops slightly

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The seasonally-adjusted EU27 unemployment rate fell from 11% in May to 10.9% in June, according to the statistical office of the European Union, Eurostat. EU27...
job market

Employment rose by 198,000 in private sector

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Employment rose by nearly 200,000 in the private sector in the USA from June to July 2013, says the July ADP National Employment report....

IAC reports higher net income and revenue thanks to website growth

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IAC/Interactive Corp reported higher net income and revenue this year following significant growth in the company’s websites, such as About.com and Ask.com. IAC's second quarter...
Unemployment

Employment managers often overlook situational influences on performance

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A new study, published in the journal PLoS One, reveals that employment managers often rely too much on generic performance measures when hiring people...
JPMorgan record settlement

JPMorgan agrees to pay $410m to settle power probe

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JPMorgan Chase has agreed to pay $410 million to settle charges from the Federal Energy Regulatory Commission (FERC) that it manipulated energy markets in...
October pending home sales

House prices rose sharply in May, USA

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House prices rose more steeply in May than in any month since March 2006, according to S&P/Case-Shiller Home Price Indices, released by S&P Dow...