Euro zone unemployment hits a high
Unemployment in the euro zone hit a record high in June. Across the 17 countries that use the currency, 17.8 million people were out of work, 123,000 more than in May and the highest figure recorded since the euro was created, in 1999. It was the 14th straight month of increased unemployment.
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Google unveils a high-speed network
Google unveiled details last week of its high-speed Internet network, which runs 100 times faster than typical broadband. Known as Google Fiber, the network will offer residents of Kansas City, Mo., and Kansas City, Kan., Internet service for $70 a month, or both Internet and a television service for $120 a month, beginning this fall.
The New York Times
Sound prospects for the sleep industry
The sleep industry in the U.S. is projected to hit more than $32 billion this year, up nearly 9 percent a year since 2008. The figure includes everything from sleeping pills and deluxe mattresses to sleep coaches and consultants. Nearly a third of working Americans—more than 40 million people—are sleep deprived.
The Fiscal Times
Circulation tops ads at The New York Times Co.
The New York Times Co. now earns more revenue from subscriptions than from advertising. The company’s three papers—The New York Times, International Herald Tribune, and The Boston Globe—earned $220 million in digital and print ads in the second quarter, compared with $233 million in circulation revenue. It was the second quarter in a row that circulation overtook ads.
NYMag.com
Gay rights: More work needed
In 29 U.S. states, companies can legally fire a worker for being gay, according to the Human Rights Campaign, a gay, lesbian, and transgender civil-rights group.
The Wall Street Journal
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The bottom linefeature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
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The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
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The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
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The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
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The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
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The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie