United States
US continues to add jobs at a slow pace, report shows
Despite concerns about looming tax increases and government spending cuts, American employers added 155,000 jobs in December. Employees also enjoyed slightly faster wage growth and worked longer hours, which could bode well for future hiring....
For poor, leap to college often ends in a hard fall
GALVESTON, Tex. — Angelica Gonzales marched through high school in Goth armor — black boots, chains and cargo pants — but undermined her pose of alienation with a place on the honor roll. She nicknamed herself after a metal band and vowed to become the first in her family to earn a college deg...
The “undeserving” poor: The American welfare system has grown, but so have the ranks of the poor, and as the US tries to focus help on tho...
The American welfare state has grown, but so have the ranks of the poor. As the U.S. tries to focus help on those deemed most worthy, millions of adults are getting squeezed....
After recession, more young adults are living on the street
SEATTLE — Duane Taylor was studying the humanities in community college and living in his own place when he lost his job in a round of layoffs. Then he found, and lost, a second job. And a third....
HSBC—Too big to indict? A dark day for the rule of law (editorial)
It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system. They also have no...
HSBC bank to pay US government a $1.3 billion fine for vast drug and other money-laundering “lapses”
WASHINGTON—HSBC Holdings PLC on Tuesday acknowledged that for years it ignored possible money laundering as part of a record $1.9 billion settlement with U.S. authorities that caps the bank's disastrous foray into the U.S. market...
Homeless rates in US held steady during recession, study says, but big gains are elusive
WASHINGTON — The federal government has made big strides in reducing the ranks of the chronically homeless and of veterans who are homeless, but it probably will not reach its goal of ending homelessness among those two populations by 2015, according to a government report to be released on Monday...
In Rust Belt, a teenager’s climb from poverty
The college catalogues barely fit in the mailbox. They stuck out like gift-wrapped presents against white aluminum siding gone dingy from decades of wear. On the porch were three new Linen Breeze decorative candles — a nice try, thought the actual Tabitha Rouzz...
Jobless rate edges down to its lowest level in 4 years
Despite fears of a slowdown caused by gridlock in Washington, the economic recovery moved forward at a steady pace in November, pushing unemployment to its lowest level in four years....
US food banks raise alarm as drought dents government supplies
The worst U.S. drought in more than half a century has weakened the safety net for the 50 million Americans who struggle to get enough to eat, and the nation's food banks are raising the alarm as the holiday season gets into full swing....
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