The Labor Department said Friday that employers added just 96,000 jobs in August, down from 141,000 in July and too few to keep up with population growth. The unemployment rate fell to 8.1 percent from 8.3 percent, but only because many people gave up looking for work. Anderson Cooper puts the new employment report into context, explains the numbers, and exposes the political spin.
More bad news for any company that has strong ties to the world of PCs: Intel, the leading chip is lowering expectations. The semiconductor firm cut its outlook, a bad sign for Intel and all companies with ties to the struggling PC market.
The ailing mobile giant needs to convince consumers that its new smartphones are the best if they want to reverse their market share losses. Nokia was a smartphone market leader prior to the advent of Apple's iPhone. Can the company return to prominence?
The jobs market goes from bad to worse and everyone is in a tizzy over it, starting with Wall Street. Worse than anyone expected, nonfarm payrolls increased only 96,000 last month, which might be all the Fed needs to launch another round of quantitative easing.
Reuters took some of America's biggest concerns about the recovery to top economists meeting in Jackson Hole, Wyoming. Issues such as the debt ceiling, unemployment, and the wage gap, among others are discussed. Find out how they answered.
Russ Tedrake, the X Consortium Associate Professor of Electrical Engineering and Computer Science and Aeronautics and Astronautics at MIT, and a member of the Computer Science and Artificial Intelligence Lab, discusses robots and barefoot running. For more information visit www.mit.edu.
You may never have heard of a luxury German automaker called Horch, but back in the day Horch made some of the most expensive and hard-to-get luxury cars in the world. The rare 1938 Horch 853A Special Roadster sold for more than $5 million at auction in Pebble Beach and is the predecessor to Audi.
It's the ultimate in office bling. A piece of modern day technology inspired by a 16th century French King. Its creator George Chirita took his inspiration for the gold-plated computers from Louis XVI. Chirita counts European royalty amongst his customers as well as wealthy individuals from China and the Middle East. He even sent Britain's Queen Elizabeth a gold plated USB stick as a gift on her Diamond Jubilee.
Having unveiled his superfast electric car in Frankfurt last year, a Croatian designer will be trying to find buyers at the prestigious Salon Prive motor show this week in London. The Concept One can get from zero to 100 kilometres per hour in 2.8 seconds, reaching a top speed of 300 kph, and has an operational range of 600 kilometres.
September marks the start of a technology products parade with high profile new gadgets from Nokia, Motorola, Amazon, Apple, and HTC on the calendar. Angling to get on everyone's holiday shopping list, these tech titans start the new product reveals today. Take a look.
Chrysler reports its 29th consecutive month of year-on-year sales gains with a 14 percent rise in August as automotive makers release their sales figures, Campbell's sales contribute to a better quarterly profit, and Reuters' Jamie McGeever reports on today's troubles in Europe.
Find out why IMTS matters, get an update on the Reshoring Initiative, see some last-minute marketing tips, catch up on the latest manufacturing news, and find out where to park and what to pack for IMTS - all on this month's edition of the IMTSTV show.
The reason there's only one natural gas-powered car on the U.S. market is a lack of consumer demand, says T. Boone Pickens. But higher gasoline prices, which Pickens says we will see soon, will push American drivers to consider auto alternatives.
Daniel is a normal boy, he likes dinosaurs and tractors. But something makes him very special: curiosity, courage, and an arm designed just for him (thanks to the efforts of biomedical engineering students at Rose-Hulman Institute of Technology, with a little help from Siemens PLM Software).
Carroll Shelby's first Shelby Cobra was a car he built himself and owned until he died, despite offers to sell it for millions. This year, the Monterey Historic Races are celebrating the 50th anniversary of the Shelby Cobra, one of the most famous sports cars in the world.
Jim Herr went from poultry farmer to snack-making kingpin when he traded in his farm for a potato chip processing facility. Herr Foods Inc. is now one of the largest snack food processors in the country, making everything from potato chips to pretzels to popcorn.
The Air Force is developing technology that takes control of planes from pilots to avoid crashing into the ground or other terrain. The system is designed to take over for the pilot in the event of a possible crash, recover the aircraft, then give control back to the pilot.
The verdict against Samsung came as competition heats up in the mobile device industry. Microsoft's Windows phone could be the dark horse to watch in the race to win share in the mobile device industry, in the wake of Apple's U.S. patent victory against Samsung.
Chess grandmaster and Harvard economics professor Ken Rogoff spells out the next financial move by using the game he loves as an analogy. Negotiation, reading other people, moves made out of desperation, all play a role in both chess and a financial crisis.
A new generation of adaptive vision-equipped robotics is set to change manufacturing around the world. How these robots adapt to their environment is just as important as what they can accomplish. They are being developed to handle and adapt to assembly line shifts, which would be a game-changer for modern manufacturing.