The U.S. Labor Department reported this morning that the unemployment rate rose to 9.1 percent in May and employers hired only 54,000 new workers — the fewest in eight months.
Just a few years ago, some Eurozone countries tagged the IMF as irrelevant. But now faced with numerous bailouts and a changing of the guard at the IMF, France and others may soon be asking the organization for help.
Bankruptcy consultant and former Treasury Department official Jim Millstein explains how the financial strain in Greece will impact the fragile U.S. economy.
Market strategist David Kelly with JPMorgan Funds says the possibility of a second recession is remote — but that the economics spigot is delivering a drip, drip, drip of bad news.
