Economy

Barclays slashing 2,000 jobs, warns execs

Barclays is getting set to slash up to 2,000 jobs.

By Wire services |January 23, 2013

1 min read

Droughts, rising food prices predicted for 2013

If conditions don’t improve, food prices will likely remain high this year after a record 2012 for grain futures.

By Staff |January 23, 2013

1 min read

Jobless ranks to swell in 2013

The New York Times reports over 197 million people are out of work worldwide, and close to 40 million more have thrown in the towel and stopped looking for work altogether.

By Staff |January 22, 2013

1 min read

U.S. to focus on budget deficits

Now that the inauguration of President Obama is behind us, the nation is turning it’s focus onto another matter — budget deficits. In the next 15 years, debts will rise in an unsustainable way if no action is taken beyond the 2011 budget deal and the end-of-year fiscal cliff agreement, reports Lawrence Summers of ft.com. […]

By Wire services |January 22, 2013

1 min read