In the deep waters off Cuba's north coast, a Chinese-built oil rig is due to begin drilling this fall in an area geologists believe may have huge beds of undersea crude.A significant find could transform Cuba's economy and possibly alter relations with the United States, but it may also present new
The Guardian reports that the euro "has fallen sharply," after the German news magazine Der Spiegel reported that a debt-burdened Athens was considering "abandoning the euro and reintroducing its own currency."Greece very quickly denied the report.
The recession hit everyone — rich and poor and in-between. The recovery, though, hasn't been so democratic; the "in-between" — people living above the poverty line but below the average wage who made big plans during the last decade — are now fighting just to get a job.Picture 10 years ago.
Private-sector employers added 179,000 jobs in April, according to payroll processing firm ADP. That's lower than the 195,000 analysts had expected and the 207,000 private jobs ADP says were created in March.