Retailers Begin Unveiling Seasonal-Hiring Numbers

It's that time of the year when retailers operating in the U.S. begin dribbling out statistics on holiday hires, a closely watched batch of communications considered an important economic indicator.

South Africa miners

From Politics & Policy

Lonmin Miners Agree To End Strike, But South Africa's Labor Struggles Are Far From Over

Lonmin miners who went on strike last month have agreed to a 22 percent pay raise and will return to work this week. But the strike has taken a toll on South Africa's economy, and other mines still face unrest.

EA Expands Support Center In Galway, Ireland With 300 More Customer Service Agents

From Companies

EA Expands Support Center In Ireland With 300 More Customer Service Agents

Electronic Arts Inc. (Nasdaq: EA) announced plans today to expand its global customer service center in Galway, Ireland, by hiring 300 more employees in the coming months.

Euro Zone

From Politics & Policy

Danger From European Banks' Too-Big-To-Fail Syndrome Keeps Growing - Report

Many European banks have used easy credit from the European Central Bank to expand their balance sheets rather than use the easy credit to slim down and cut the level of risk in the assets they hold. In other words, too-big-to-fail is alive and well in the recession-plagued euro zone.

Ford Motor Co.'s Emblem

From Economy

Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

A bank-owned villa on sale

From Economy

Is US Housing Sector Recovering? A Preview Of Wednesday's 3 Big Reports

Three key U.S. housing reports to be released Wednesday are expected to show small improvements in the market, and the Federal Reserve's third round of quantitative easing, or QE3, could accelerate the recovery by boosting demand in coming months, according to industry sources.

The Mortgage Servicing Process

From Economy

Did Fannie Mae Overpay Bank Of America For Servicing Rights?

The taxpayer-owned Fannie Mae paid more than legally required to Bank of America Corp. (NYSE: BAC) and 12 other lenders when it spent $1.5 billion in termination fees for servicing rights on 1.1 million loans between 2008 and 2011.

FedEx boxes unloaded off delivery truck in New York after FedEx Corp. reported quarterly profit and revenue data that missed Wall Street estimates

From Companies

FedEx, General Mills, Oracle, Adobe: Earnings Reports To Watch, Sept 18-21

Analysts expect companies in the S&P 500 to post negative revenue growth rate in the third quarter. Meanwhile, profits are expected to decline by 2 percent for the period.

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