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  • Cleared for ballot, wage hike faces easy path Thursday, 30 Oct 2014 | 8:51 AM ET

    LITTLE ROCK, Ark.— The Arkansas Supreme Court's decision to keep a minimum wage hike on the ballot removes the last major hurdle for a proposal that is gaining bipartisan support and faces no organized opposition as Election Day nears. Voters will be asked to raise the state's minimum wage from $6.25 an hour to $8.50 by 2017. Arkansas is one of a handful of states...

  • Applications for US jobless aid tick up to 287,000 Thursday, 30 Oct 2014 | 8:36 AM ET

    WASHINGTON— The number of people seeking unemployment benefits rose slightly last week, but remained at historically low levels that signal a strengthening job market. Weekly applications increased 3,000 to a seasonally adjusted 287,000, the Labor Department said Thursday. "There continues to be no sign in these very timely data of weaker global growth or...

  • WASHINGTON, Oct 30- The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market. Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 287,000 for the week ended Oct. 25, the Labor Department said on Thursday.

  • German unemployment dips again in October Thursday, 30 Oct 2014 | 6:28 AM ET

    BERLIN— Germany's unemployment rate fell to 6.3 percent in October as the labor market in Europe's biggest economy continued to gain steam. Germany's economy has been slowing, and business and consumer confidence has slid on concerns over the turmoil in Ukraine and elsewhere. Nonetheless, ING economist Carsten Brzeski says indications are the labor market...

  • Ahead of the Bell: US Unemployment Benefits Thursday, 30 Oct 2014 | 6:23 AM ET

    WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday at 8:30 a.m. Eastern. HEALTHY JOB GAINS: The decline in applications has coincided with robust hiring this year.

  • BERLIN, Oct 30- German joblessness unexpectedly fell in October and the unemployment rate held steady at 6.7 percent, underlining the strength of the job market in Europe's largest economy and coming as a welcome bright spot after a slew of weak data. "The German labour market remains solid as a rock, defying all woes from a weakening industry," said Carsten Brzeski,...

  • Big gain in Visa drives Dow average higher Thursday, 30 Oct 2014 | 5:21 AM ET

    NEW YORK— U.S. stocks turned higher Thursday as MasterCard and other big companies turned in stronger quarterly results. In a separate report, the Labor Department counted more people applying for unemployment benefits last week, but the less-volatile four-week average declined to 281,000, the lowest level since May 2000. ONE TAKE: "It's another report that...

  • WASHINGTON— Fed sees improved job market but keeps plan to maintain record low rate, ends bond buying.

  • Small business divided over minimum wage votes Wednesday, 29 Oct 2014 | 11:47 AM ET

    NEW YORK— Workers in five states could get a raise after Election Day. Minimum wage referendums are on Tuesday's ballots in Alaska, Arkansas, Illinois, Nebraska and South Dakota, where minimums range from $6.25 to $8.25 an hour. Ken Jarosch thinks he'll have to raise prices and hire fewer part-timers for his Elk Grove Village, Illinois, Jarosch Bakery if the state's...

  • Fed ends bond buying and cites brighter job market Wednesday, 29 Oct 2014 | 3:01 AM ET

    WASHINGTON— The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market— a key condition for an eventual interest rate hike. The Fed did reiterate its plan to maintain its benchmark short-term rate near zero "for a considerable time." Most economists predict it won't raise that rate,...

  • Hillary Clinton, Wall Street friend or foe? Tuesday, 28 Oct 2014 | 10:21 AM ET
    Former Secretary of State Hillary Rodham Clinton addresses supporters of Massachusetts Democratic gubernatorial candidate Martha Coakley during a Coakley campaign event at the Park Plaza Hotel in Boston, Friday, Oct. 24, 2014.

    Some recent remarks by Hillary Clinton seem to suggest she is more agnostic towards the business world, but it could just be politics. NYT reports.

  • Arkansas court: Minimum wage issue stays on ballot Monday, 27 Oct 2014 | 5:21 PM ET

    The Arkansas Supreme Court denied a Little Rock businessman's effort to block a ballot question that will ask voters to raise the state's minimum hourly wage from $6.25 to $8.50 by 2017. Arkansas is one of the few states with a minimum wage below the federal level of $7.25 an hour. "It gives Arkansas voters an opportunity to vote on giving hard-working Arkansans...

  • Amazon workers in Germany on strike again Monday, 27 Oct 2014 | 5:10 AM ET

    BERLIN— Workers at Amazon.com in Germany are on strike again as a union pushes its demands in a long-running wage dispute with the American online retailer. Amazon employs some 9,000 people in nine locations in Germany. Amazon says its distribution warehouses in Germany are logistics centers and employees earn relatively high wages for that industry.

  • The Week Ahead: October thankfully over     Friday, 24 Oct 2014 | 3:41 PM ET

    CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. The Fed meets this week. Economic growth will be announced, as will earnings from a number of big name companies. And sports betting comes to NJ.

  • New college hires don't last more than a year: Survey Friday, 24 Oct 2014 | 10:27 AM ET

    Businesses don't have much faith that recent college hires will stick around for very long, a new survey says.

  • *China aims to keep urban unemployment rate below 4.6 pct in 2014. BEIJING, Oct 24- China's urban registered unemployment rate was 4.07 percent at the end of September, down slightly from 4.08 percent at the end of the second quarter, the labor ministry said on Friday. In the first nine months of this year, China added a total of 10.82 million jobs, according to a...

  • BEIJING, Oct 24- China's urban unemployment rate was 4.07 percent at the end of September, down slightly from 4.08 percent at the end of the second quarter, the labour ministry said on Friday during news conference. Top China officials have insisted the labour market remains healthy even as economic growth cools to its slowest since the global economic crisis.

  • US jobless aid applications rise to 283,000 Thursday, 23 Oct 2014 | 8:33 AM ET

    WASHINGTON— The number of people applying for U.S. unemployment benefits rose last week after falling to a 14- year low the previous week. Applications rose 17,000 last week to a seasonally adjusted 283,000, the Labor Department said Thursday. "More encouraging news on the U.S. job front," said Jennifer Lee, an economist at BMO Capital Markets.

  • WASHINGTON, Oct 23- The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend remained consistent with a firming labor market. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 283,000 for the week ended Oct. 18, the Labor Department said on Thursday.

  • Ahead of the Bell: US Unemployment Benefits Thursday, 23 Oct 2014 | 6:13 AM ET

    WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday at 8:30 a.m. Eastern. HEALTHY JOB GAINS: U.S. businesses have already been adding jobs at a healthy pace.