President Obama tried to best the face on yesterday's jobs report. He told students at a Virginia high school that private employers have added more than four million jobs over the last two years, but he acknowledge recovery is not happening fast enough.
This week, the British Parliamentary committee that was convened to investigate accusations of phone hacking and executive misconduct at Rupert Murdoch's News Corp., delivered its findings. And the headlines it created make uncomfortable reading for a media magnate who has been under the microscope for 18 months now.
MPs accused News Corp. as a whole of what they call willful blindness. And they went on to make some further damning observations on Rupert Murdoch's own competency.
One of four versions Edvard Munch made of his masterpiece, The Scream, one of the most recognizable works of art in the world, was auctioned at Sotheby's this week for a record-setting price: $119 million.
People wait in a line at a job fair on April 10, 2012, in Gresham, Ore. Employment grew by 115,000 last month, but the unemployment rate dip was likely due to people leaving the workforce rather than people getting hired, analysts say.
For the second month in a row, weak job growth numbers unsettled nerves in the White House and on Wall Street.
It's obvious why the number of jobs added to the economy in April was disappointing. Employment grew by just 115,000. That followed a disappointing job gain in March. Together, the March and April average was only about half the 250,000 jobs added monthly in December, January and February.
Again, economists suggested the warm winter weather might have boosted job growth during the winter months, which left fewer jobs to be added in the spring.
Antonis Samaras, leader of the conservative New Democracy Party, addresses an election rally in Thessaloniki Wednesday. One of two dominant parties in Greek politics, New Democracy has lost support to a new nationalist party.
It's anyone's guess what the Greek government will look like on Monday, but analysts predict a fragile coalition that must still stick to austerity to keep getting international bailout loans.
The country's early parliamentary elections Sunday are set to be the most divisive in recent history. Voters who are tired of austerity measures are rejecting mainstream politics and turning instead to fringe parties.
The conservative New Democracy Party and the Socialist Party, PASOK, have dominated Greek politics for three decades. This election, enthusiasm is waning.