Government Pay


WASHINGTON - Businesses have hired 8.1 million workers under a new program that provides tax breaks for hiring unemployed workers, the Treasury Department said Friday.

LONDON - The Dow Jones index breached the 11,000 mark for the first time since May as world stocks recovered Friday on mounting expectations that the Federal Reserve will ease monetary policy further next month following weak U.S.

WASHINGTON - A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs.

LONDON - Stock markets in Europe and on Wall Street pared gains Thursday after the Dow Jones industrial average failed to break above 11,000, last achieved in May, and investors remained wary ahead of a closely watched U.S.

LONDON - World stock markets edged higher but the dollar's slide continued Thursday after the European Central Bank kept its main interest unchanged at 1 percent and its president warned of the economic impact of excess volatility in the currency markets.
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