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The Obama administration has been loath to reopen the law with Congress, given that many Republicans vow to repeal it. But the White House has to acknowledge that changes are needed now.

But economists pointed out that the dismal figures mean it’s unlikely Osborne will slow the pace of austerity in next week’s Autumn Statement.

Paul Mason, economist with University of North Florida said the jobless figure fell to 4.9 percent in October, down from 5.1 percent in September after seasonal adjustments. Thirty-two states and the District of Columbia had unemployment rate decreases from September, 3 states...

In their first formal meeting, U.S. President Barack Obama and Canadian Prime Minister Justin Trudeau agreed to disagree over Islamic State air strikes while presenting a united front to boost clean-energy production after the rejection of the Keystone XL pipeline.

A new report says Nebraska’s unemployment rate remained unchanged at 2.9 percent in October and was the second lowest state rate in the nation.

Starwood shareholders will get $2 in cash for each share as well as 0.92 Marriott Class A shares.

“The combination of these factors suggests the overall exchange market profile is more negative than we had planned, with new market enrollment growth developing more slowly”, Hemsley said.

UnitedHealth is the biggest USA health insurer and if it is going to face mounting losses due to Affordable Care Act’s exchange, the same thing might be happening with other health insurers across the US. The insurer said it was scaling back its marketing for coverage that...

Jobs numbers are well up on 2008 numbers, and unemployment had fallen to 5 per cent. Confidence is up, the housing sector had recovered and business investment is picking up.

“Volkswagen’s attempt to sidestep US law was a waste of employees’ time and energy, and a waste of government resources”, Casteel said in a statement. If the vote fails, the parties can begin re-negotiations or the union leadership could call for a...

Gooding County registered the lowest unemployment rate in October-2.6 percent-while 20 Idaho counties experienced higher unemployment rates than the state average.

The merger, announced Monday, will create the world’s largest hotel chain with more than one million rooms at 5,500 hotels across 100 countries.

Texas’ unemployment rate rose to 4.4 percent in October from 4.2 percent in September, the second consecutive month-over-month rise, according to data released Friday by the Texas Workforce Commission. It sits just above the national average of 5 percent. The annual...

The U.S. Consumer Price Index (CPI) for all urban consumers increased 0.2 percent in October on a seasonally adjusted basis, in line with market consensus, the Labor Department reported Tuesday. It follows a rise in prices at the end of past year, which saw inflation on wine rise...

Marriott is paying $12.2 billion in stock ($11.9 billion) and cash ($300 million) for Starwood, or $72.08 per share. “I’m delighted to welcome Starwood to the Marriott family”, said J.W. Marriott, Jr., Chairman of Marriott worldwide in a statement.