Business

Business Why many aren't celebrating low US unemployment Why many aren't celebrating low US unemployment
Friday's strong jobs report showed that the jobless rate - the most closely watched gauge of the economy's health - is down to 5.8 percent. A year ago, the rate was 7.2 percent. Five years ago, it was 10 percent.
Business USDA approves GMO potato designed by Simplot
The U.S. Department of Agriculture has approved commercial planting of a potato that is genetically modified to resist bruising and to produce less of a chemical that has caused cancer in animals.
Business U.S. job gains top 200,000 for 9th month; rate 5.8 percent U.S. job gains top 200,000 for 9th month; rate 5.8 percent
Three days after voters registered their sourness about the U.S. economy, the government said Friday that employers added a solid 214,000 jobs in October, extending the steadiest pace of job growth in nearly 20 years.
Business Strife at West Coast ports threatens holiday goods Strife at West Coast ports threatens holiday goods
Spreading labor strife at major West Coast seaports is exacerbating problems that importers have had getting products to market, threatening the on-time delivery of some holiday goods.
Business Fed's Yellen pledges clear signals for rate policies Fed's Yellen pledges clear signals for rate policies
Federal Reserve Chair Janet Yellen said Friday that the Fed is striving to clearly communicate its intentions on interest rates in order to minimize surprises that could disrupt financial markets both in the United States and globally.
Business Home Depot: Hackers also stole 53M email addresses Home Depot: Hackers also stole 53M email addresses
The nation's largest home improvement chain said Thursday that hackers stole 53 million customer email addresses from April to September. It had disclosed in September that 56 million debit and credit cards were compromised.
Business Leak shows huge scale of Luxembourg's sweet tax deals Leak shows huge scale of Luxembourg's sweet tax deals
Luxembourg, one of the world's wealthiest nations, came under fire Thursday after leaked documents allegedly revealed the extent to which it has attracted multinationals and the super-rich with sweet tax deals, depriving other countries of valuable tax revenue.