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First 11 months of 2011 were safest for air travel on record

The global accident rate for January through November was 22% better than a year earlier.

 

Exclusive: Secret U.S., Taliban talks reach turning point

Taliban Peace Deal

After 10 months of secret dialogue with Afghanistan's Taliban insurgents, senior U.S. officials say the talks have reached a critical juncture and they will soon know whether a breakthrough is possible, leading to peace talks whose ultimate goal is to end the Afghan war.

 

Job market brightens as unemployment claims sink

The outlook for the job market is looking brighter. Far fewer people are seeking unemployment benefits than just three months ago - a sign that layoffs are falling sharply.

 

Tiniest babies are growing up healthy despite odds

Tiniest Babies

One is a healthy first-grader, the other an honors college student majoring in psychology. Once the tiniest babies ever born, both girls are thriving, despite long odds when they entered the world weighing less than a pound.

 

SF becomes first US city to top $10 minimum wage

Minimum Wage Raised to $10 in San Francisco

David Frias works two minimum-wage jobs to squeak by in one of the most expensive cities in America. Come New Year's Day, he'll have a few more coins in his pocket as San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.

Senh: It's good to hear, but in down economy, can businesses in other cities support higher wages?

 

Consumer sentiment strongest since June

Consumer sentiment rose to its highest level in six months in early December due to signs of better labor conditions and an improving outlook on the economy.

 

Trade deficit shrinks for fourth straight month

The U.S. trade deficit narrowed in October to its lowest point of the year as Americans bought fewer foreign cars and imported less oil. Exports of American-made autos also fell.

 

Unemployment aid applications drop to 9-month low

The number of people applying for unemployment benefits fell last week to the lowest level in nine months, evidence that the job market is improving.

 

Jobless rate drops to 8.6 percent, hiring picks up

Job Application for Holiday Shopping Season

Employment growth picked up speed in November and the jobless rate dropped to a 2-1/2 year low of 8.6 percent, further evidence the economic recovery was gaining momentum.

 

Auto sales rise as confidence gains

Auto Sales

U.S. auto sales rose sharply in November as more confident American consumers spent more on the average showroom purchase, extending a recovery trend for the industry to a sixth month.

 

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