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  • CARACAS, Venezuela— President Nicolas Maduro raised Venezuela's minimum wage Friday for the second time this year to help workers being battered by the world's highest inflation. Speaking at a May Day rally, the socialist leader said he is boosting the minimum wage and pensions for retirees by 30 percent, with two-thirds of the increase coming this month and...

  • The week ahead: April jobs on the way   Friday, 1 May 2015 | 4:02 PM ET
    The Week Ahead: April jobs on the way

    CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. More earnings from Comcast, Discover and Whole Foods, among others. And a big jobs number on Friday.

  • NEW YORK, May 1- The U.S. stock market has struggled for direction of late, but next week's payroll report could confirm whether the recent weakness in data and stock prices is waning as the weather warms, or the start of a longer-term trend. "There are a lot of offsetting trends in the market, which is causing a lot of choppy volatility," said Michael Mullaney, chief...

  • 10 tips for your summer internship Friday, 1 May 2015 | 2:16 PM ET

    Beyond "act professional" and "ditch the flip flops" (duh) here are 10 tips to help summer interns hit it out of the park.

  • WASHINGTON— Optimism about the job market lifted U.S. consumer sentiment in April to its second-highest level since 2007.. The University of Michigan's sentiment index rose to 95.9 from 93 in March. Richard Curtin, chief economist of the Michigan survey, attributed the April increase to optimism over consistently low inflation and low interest rates and...

  • Japan's inflation ticks up, bolstering BOJ stance Thursday, 30 Apr 2015 | 9:44 PM ET

    Japan's inflation ticked up in March in a small sign of progress in the Bank of Japan's two-year-long effort to kick start the long-moribund economy.

  • NEW YORK/ LONDON, April 30- Gold fell 2 percent on Thursday after better-than-forecast U.S. jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon. Data on Thursday showed claims for state unemployment benefits declined 34,000 to a seasonally adjusted 262,000 for...

  • Employee compensation costs jump in Q1 Thursday, 30 Apr 2015 | 11:44 AM ET
    Placards during demonstration for higher wages in Chicago.

    Employee compensation—including wages, salaries and benefits—rose 2.6% in Q1 compared to a year ago, USA Today reports.

  • LONDON, April 30- Gold fell two percent on Thursday after better-than-forecast U.S. jobs data boosted the dollar, reviving expectations the Federal Reserve could raise interest rates soon. Data on Thursday showed claims for state unemployment benefits declined 34,000 to a seasonally adjusted 262,000 for the week ended April 25, the lowest reading since...

  • *Jobless claims down 34,000 last week. WASHINGTON, April 30- The number of Americans filing new claims for jobless benefits tumbled to a 15- year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter. Initial claims for state unemployment benefits fell 34,000 to a seasonally...

  • NEW YORK— Labor organizers are opening a new front in their campaign for a $15- an-hour wage for fast-food workers with a push to mobilize an unusual ally: franchisees. The International Franchise Association, which represents franchisors like McDonald's, Subway and Wendy's, said in a statement that franchisees indicate "incredibly high satisfaction rates."

  • *Colgate, BorgWarner cite strong dollar. "I think we're going to see cleaner data come out in the second quarter and with the jobless claims being at their lowest levels in 15 years, that certainly points towards a strengthening labor market which has been a clear focus point of the Fed," said Mark Luschini, chief market strategist at Janney Montgomery Scott in...

  • WASHINGTON— Paychecks for U.S. workers are rising at a faster pace as strong hiring in the past year has lowered the unemployment rate and increased competition for workers. The employment cost index, which tracks wages, salaries and benefits, rose 2.6 percent in the first quarter compared with a year ago, the Labor Department said Thursday.

  • WASHINGTON— The number of Americans seeking unemployment aid plummeted to the lowest level in 15 years last week, evidence that employers are laying off few workers despite a sharp slowdown in economic growth. Weekly applications for unemployment benefits dropped 34,000 to 262,000, the Labor Department said Thursday. "The trend in claims, below the...

  • BUCHAREST, Romania— More than 30,000 employees of town halls around the country have gone on strike to demand higher wages. The workers, who staged a one-day strike Thursday, are demanding a 10- percent salary increase and meal tickets, which are used to purchase food, according to union leader Valer Suciu. He says if demands aren't met, the workers will stage a...

  • WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday. SMALL DECLINE: Economists forecast that weekly applications slipped 5,000 to 290,000 last week, according to a survey by the data firm FactSet. The weekly applications are a proxy for layoffs, and they have been...

  • German unemployment drops to 6.5 percent in April Thursday, 30 Apr 2015 | 4:39 AM ET

    BERLIN— Germany's unemployment rate dropped to 6.5 percent in April as the labor market in Europe's largest economy remained strong. The Federal Labor Agency said Thursday the unadjusted rate was down from 6.8 percent in March. ING economist Carsten Brzeski says even though there is "still some room for improvement, the extremely solid labor market remains...

  • Worst day behind bars: Kerik & Nacchio   Wednesday, 29 Apr 2015 | 8:05 AM ET
    Worst day behind bars: Kerik & Nacchio

    Former NYPD Commissioner Bernard Kerik, and former Qwest Communications CEO Joseph Nacchio, discuss the reality of life behind bars, why the prison system must be reformed and the reality of getting a job after prison.

  • BRASILIA, April 28- Brazil's jobless rate rose to a three-year high in March and wages fell at the sharpest pace in more than a decade, data showed on Tuesday, as the economy headed into a likely recession. The unemployment rate in Brazil's six largest cities rose to 6.2 percent in March from 5.9 percent in the previous month- the highest in three years, statistics...

  • Military vets make job gains, but one group lags Monday, 27 Apr 2015 | 1:27 PM ET
    A job seeker speaks with an employer at the Veterans On Wall Street job fair in New York, U.S., on Thursday, June 21, 2012.

    Despite the decline in the female veteran unemployment rate, women vets still lag behind their male counterparts.