Your Daily digest for Economy, Government & Policy News and Information on Yahoo! Finance

Economy, Government & Policy News and Information on Yahoo! Finance
Economy, Government & Policy News and Information on Yahoo! Finance
Draghi says euro zone more stable, “needs a more European UK” May 24th 2013, 00:09
LONDON (Reuters) – The euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President …

ECB’s Draghi: ‘Imperative’ to set up new bank body May 23rd 2013, 21:40
European Central Bank President Mario Draghi said it was “imperative” that Europe’s leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic …

ECB official: New bank authority ‘indispensable’ May 23rd 2013, 21:35
European Central Bank President Mario Draghi said it was “imperative” that Europe’s leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic …

France says dropping idea of cap on executive pay May 23rd 2013, 20:57
PARIS (Reuters) – The French government has decided to drop a plan to impose a ceiling on executive pay in the private sector, though it will go ahead with a two-year super-tax on firms paying million-euro …

Lifespan cost-savings to include doc training cuts May 23rd 2013, 20:09
A plan by Rhode Island’s largest health system to save between $100 million and $150 million over the next two and a half years through significant job cuts will also include cuts to its physician training …

April jobless rates fall in most Ill. metro areas May 23rd 2013, 20:08
Officials say unemployment decreased during April in nine of Illinois’ 12 metro areas. The state Department of Employment Security said Thursday that unemployment rates fell in the Illinois suburbs of …

Michigan joblessness falls 0.6 points in April May 23rd 2013, 19:43
Michigan says that the seasonally unadjusted unemployment rate is down 0.6 percentage points statewide and in most major labor markets. The Department of Technology, Management & Budget released the April …

Michigan budget panel OKs fund boost for colleges May 23rd 2013, 19:41
Michigan’s community colleges and universities could receive roughly 2 percent more in overall funding next fiscal year. Republican-led conference committees approved the community college and higher education …

The market freak-out over Japan today was premature May 23rd 2013, 19:40
Japan’s major stock index, the Nikkei 225, plunged 7.3% today. For a country that’s supposedly growing at a rate of 3.5% per year, such a large one-day drop is out of character. There are plenty of reasons …

Wisconsin jobs agency names 4th CFO in 2 years May 23rd 2013, 19:06
Wisconsin’s troubled economic-development agency has hired its fourth chief financial officer in two years. The Wisconsin Economic Development Corp. on Thursday named Stephanie M. Walker as its CFO. The …

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