*Severe weather cuts oil production in Europe, United States. SINGAPORE, Dec 6- Brent futures edged higher above $111 a barrel on Friday after a two-day drop as severe weather cut oil production in Europe and the United States, with traders awaiting a key U.S. jobs report later in the day.» Read More
SINGAPORE, Dec 6- Gold steadied on Friday after choppy trading in the previous session, though was still headed for a weekly decline as improving U.S. economic data raised fears of an early end to monetary stimulus. *Spot gold was up 0.2 percent to $1,226.50 an ounce by 0021 GMT.
Tens of thousands of fast-food workers around the U.S. are demanding a hike in the minimum wage to $15/hour. Popeye's crew member Mary Coleman discusses the challenges of trying to get higher pay from her employer.
Fast-food workers around the U.S. are on strike demanding a hike in the minimum wage to $15 per hour. About a hundred employees tried to block the lunchtime rush outside a Wendy's in Brooklyn, reports NBC News' Katy Tur.
NEW YORK, Dec 5- U.S. In addition, a report from the Labor Department showed initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 298,000 last week. "The bond market is saying tapering is coming," said Stan Shipley, bond strategist at ISI Group in New York.
McDonald's has committed yet another employee advice blunder, listing on its worker resource website pricey suggestions for holiday tipping.
Ross Devol of the Milken Institute, digs into the unemployment rate of those without a high school education, and whether raising the minimum wage would discourage people from staying in school. Devol also shares the best cities for jobs.
The minimum wage battle is heating up as tens of thousands of fast-food workers participated in a strike for a higher minimum wage. CNBC's Steve Liesman provides insight on minimum wage laws.
WASHINGTON _ Commerce Department releases wholesale trade inventories for October, 10 a.m. Eastern; Labor Department releases job openings and labor turnover survey for October, 10 a.m..
CNBC's Patti Domm talks about how the markets could react to the monthly jobs numbers, and why the November report is so critical.
Fast-food workers are willing to disrupt the lunchtime rush by protesting outside, reports NBC News' Katy Tur. Workers are striking for a fair minimum wage.
CNBC's Steve Liesman and Robert Frank question whether a $15 minimum wage for fast-food workers is the solution to the American wealth gap.
NEW YORK, Dec 5- The euro rose to a one-month high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged, disappointing some traders who had hoped for more aggressive easing measures in the euro zone.
*OPEC keeps production target unchanged. *John Kerry: core sanctions against Iran remain in place despite interim deal.
Strikes against fast-food restaurants have called for the minimum wage to increase to $15, but the side effects of such a jump are unclear.
CNBC's Katy Tur reports that fast-food workers across the country plan to protest in an effort to gain higher pay at minimum wage jobs.
*John Kerry: core sanctions against Iran remain in place despite interim deal. LONDON, Dec 5- Brent crude oil slipped towards $111 a barrel on Thursday, as traders weighed whether positive U.S. data would prompt the Federal Reserve to start curbing its monthly bond-buying programme.
WASHINGTON, Dec 5- The White House piled pressure on Republicans on Thursday to extend U.S. jobless benefits with a report that estimated a failure to take action could lead to a loss of 240,000 jobs in 2014..
WASHINGTON, Dec 5- The U.S. economy grew faster than initially estimated in the third quarter as businesses aggressively accumulated stock, but underlying domestic demand remained sluggish and buoyed the case for the Federal Reserve to keep up its stimulus for now.
According to a source, some census employees faked job responses, reports CNBC's Eamon Javers. And CNBC's Steve Liesman reports on the actual falsification rate among interviews.
The number of planned layoffs at U.S. firms dipped by less than 1 percent in November, with retail seeing the greatest number of job losses.