Fed to publish new U.S. labor market index monthly starting October 6

(Reuters) - The Federal Reserve will begin publishing a new monthly index of U.S. labor market conditions on Monday, October 6, that draws on a range of data to give a better sense of the economy's health.

UK jobless rate falls to lowest level since 2008

The unemployment rate fell to 6.2% over the three months to the end of July, its lowest level since 2008, official figures show.

Survey: US Consumer Confidence Near a 7-Year High

U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.

Economy improving, so why layoffs?

The economy appears to be gaining steam, but companies are still laying off hundreds of workers in the Dallas-Fort Worth area and thousands across the country.

Bank of England keeps UK interest rates at 0.5%

The Bank of England has held UK interest rates at a record low of 0.5% for another month.

Fed won't raise interest rates for "some time": Williams

SUN VALLEY, Idaho, June 30 (Reuters) - The U.S economy will likely have returned to full employment and a healthy level of inflation by the end of 2016, a top Federal Reserve official predicted on Monday, even as he reiterated his view that interest rates will need to stay near zero for some time.

ECB Seen Holding Off More Policy Accommodation: Global Economy

Policy makers at the European Central Bank convening this week will probably hold off taking additional steps to stave off the risk of deflation amid inconsistent signals on the direction of prices.

US economy adds 192,000 jobs in March

The US added 192,000 new jobs in March, in line with expectations, as the unemployment rate held steady at 6.7%.

White House has optimistic growth forecast for 2014, 2015

(Reuters) - The White House on Monday forecast more robust economic growth in 2014 than last year and a further pickup in the economy for 2015.

Stocks stabilize; now it’s up to Yellen, Cisco, the consumer

SAN FRANCISCO (MarketWatch) — Stocks ended a big volume week with gains and a dose of stability. The next week’s rush of consumer news, plus testimony from Janet Yellen and earnings from Cisco Systems Inc., will help determine whether that recovery is for real.

UK public sector borrowing falls to £12.1bn in December

UK government borrowing fell in December to £12.1bn, down £2.1bn from a year earlier, according to official figures.

US economy adds 74,000 jobs, rate falls to 6.7 per cent

WASHINGTON: US employers added a scant 74,000 jobs in December, the fewest in three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy's recent strength.

Bank of England adviser queries forward guidance policy

A senior Bank of England adviser has questioned the efficacy of one of governor Mark Carney's key policies.

Faster Pace of Growth May Not Last Long

Stoked by rising inventories, the American economy grew at a significantly faster pace in the third quarter than first estimated, but probably at the expense of economic activity during the current quarter as businesses work off some of the excess stock on their shelves and in warehouses.

US Federal Reserve to trim stimulus in coming months

Federal Reserve officials said they plan to begin trimming the central bank's stimulus efforts in "the coming months".

Greece forecasts it will emerge from recession in 2014

Greece has predicted that it will emerge from its six-year long recession next year, in a sign it may be finally recovering from its debt crisis.

Stocks drop back on mixed US jobs figures

LONDON (AP) — A mixed U.S. jobs report took the edge off global stock markets Friday as it raised questions over the pace of growth in the world's largest economy and when the U.S. Federal Reserve will start reducing its monetary stimulus.

IMF says Spanish recession 'may end soon'

MADRID: Spain's biting recession may end soon but the outlook is tough and Madrid must do more to battle the country's unacceptably high unemployment rate, the IMF warned Wednesday.

Portugal faces no-confidence austerity vote

Portugal's government faces a no-confidence motion on Wednesday, brought by opposition Socialists amid mounting unhappiness with the country's austerity measures.

US fiscal cliff deal to slow growth: Economists

WASHINGTON: The political deal to pull the US away from the " fiscal cliff" will still hit economic growth and efforts to generate jobs, economists said Wednesday, but the country will avoid a feared recession.