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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.
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.
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.
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 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.
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.
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.
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.