Millions of Americans are still out of work. Many homeowners are underwater or facing foreclosure. But the Labor Department reports that that February marked the best three months of hiring in two years. And housing is slowly picking up.
India must cut back its imports on Iranian oil by June 28 or face U.S sanctions. A new law targets Iran's central bank, which is used for oil transactions, and it penalizes foreign countries that ignore the sanctions.
When Greg Smith quit his job at Goldman Sachs, he slammed his former employer in a blistering newspaper essay. People don't often quit with such a public display of vitriol. But when they do, it certainly gets attention.
After the latest Greece bailout, Europe's attention has turned to Spain, which has been breaking European Union spending rules for years. But the Spanish government has now caved to pressure to lower its deficit.
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