Canada lost 43,000 full-time jobs in October. The losses were a surprise and boosted Canada's unemployment rate to 8.6 percent. Part-time work decreased by 60,000 positions in October, with adult women and youth bearing the brunt of the drop.
Fannie Mae, the U.S. mortgage buyer currently in the conservatorship of the Federal Housing Finance Agency (FHFA), has requested another $15 billion in state aid following a net loss of nearly $19 billion in the third quarter of the year.
The U.S. Dept. of Labor reports that October's unemployment rate jumped to 10.2 percent. That rate is the highest it has been since 1983. Some employers, however, are adding temporary workers.
To describe Australia’s superannuation policies as grotesque is to flatter them. To add absurdity to injury, successive governments have been scratching their heads about “how to pay for the aging population” while taxing super to the bone.
Toronto transit riders may experience another fare hike in both per ride and passes. It is expected to cost $3 per fare and $126 for a monthly metropass.
The new park in Shanghai is estimated to cost roughly $3.6 billion to develop. Disney officials hope to crack the proven difficult Chinese pop culture arena.
The Monetary Policy Committee (MPC) at the Bank of England, the central bank in the U.K., voted on Thursday to pump another £25 billion ($41 billion) into the country's economy.
The U.S. Food and Drug Administration is warning consumers that Stiff Nights, a product marketed as a dietary supplement for sexual enhancement, contains an ingredient that can dangerously lower blood pressure and is illegal.