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Asia gains on optimism for solid U.S. jobs, euro probes new lows

Asian stocks gained on Friday on upbeat expectations for the closely-watched U.S. jobs data while the euro continued to probe fresh nine-year lows against the dollar.


Fed's Kocherlakota urges no U.S. rate increases this year

The Federal Reserve should leave short-term borrowing costs near zero for a seventh year in a row, a top Fed official urged on Thursday, citing sliding U.S. inflation and still-high unemployment.

McDonald's to cut 63 headquarters jobs in cost reduction

McDonald's Corp (MCD.N) will cut 63 jobs at its corporate headquarters as part of a plan to reduce costs by $100 million as it looks to increase sales and reverse traffic declines in its major markets.

U.S. jobless claims dip; 2014 layoffs lowest in 17 years

The number of Americans filing new claims for unemployment benefits fell last week and job cuts declined sharply in December, suggesting the labor market is tightening.


Latest News

Elvis Presley's first record to be auctioned on his birthday, his planes already up for bidding and are expected to sell by more than $10 million.
Mia Khalifa gets a song written to her by Timeflies amidst online attacks for being named no. 1 porn star.
Maddie Ziegler is joined by Shia LaBeouf in Sia's latest music video, "Elastic Heart," where Ziegler and LaBeouf are seen to be engaging in a dance that includes the 12-year-old beating and biting the actor. Sia is expected to perform "Elastic Heart" live on her guesting for "Saturday Night Live," where she would be with Ziegler.
Fans of 'Hart of Dixie' anxiously wait for the upcoming episodes of season four. The network has given their fans a rundown on what surprises are in store for their favorite characters.
Oscar winner Nicole Kidman recently paid a visit to "The Tonight Show Starring Jimmy Fallon" to promote her film 'Paddington.' The interview then took an awkward turn as Kidman and Fallon recalled how they first met through a mutual friend.
After 'Real Housewives of New Jersey' reality star Teresa Guidice was sent to prison and was subsequently fired from the show, has Bravo Network decided to hand the death sentence on the reality show?
'Once Upon a Time' co-creators Edward Kitsis and Adam Horowitz have assured fans of the hit TV show that the second half of season four is nothing short of exciting. Will an old ally be making a comeback?
Supporters and critics of free trade are readying for a bitter battle this year over major free trade deals and legislation to fast-track trade agreements through the U.S. Congress.
‘Pokemon Omega Ruby and Alpha Sapphire’ gives you the option to unleash the ‘Contrary Serperior’ to reverse enemies attack to one’s advantage. Following a few steps with the right code will open up a new experience in gaming.
Euro zone economic sentiment was unchanged in December against the previous two months, data showed on Thursday, as a more upbeat end-of-year mood in the services and retail sectors and among consumers was offset by a gloomier industry.