Regions
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.
Oil holds ground as traders search for bottom of rout
Global oil prices were little changed for a second straight day on Thursday after better-than-expected U.S. jobs data helped the market hold ground after a 10 percent loss earlier in the week.