A fall in the number of Americans filing claims for unemployment benefit has been witnessed in the US. Decline in the filing of unemployment benefits claims suggests improvement in the US economy. However, the recovery of the economy is quite slow.

Green Party seems to be not much content with the development of region's resources like oil and gas. Northland-based Labour list MP Shane Jones has expressed his concern.

Re-elected US President Barack Obama said he is ready for talks with Republicans regarding long-delayed budget deal. But, he said he still favored the rich paying more tax.

Obama is back to his office after a historical win and will deliver a public statement about its fiscal policy today, a spokesman for the White House said.

Shadow Chancellor Ed Balls has disclosed an offer to bring a delay in the plan of rise in fuel duty in January. He says the same should be delayed by three months since the postponement would prove helpful for households by lowering the pressure on them.

Wal-Mart very well knows how to maximize its revenue. It is going to start its Black Friday sales some two hours earlier than previous year, so that it is able to catch hold the attention of its customers.

Though the Greek parliament has announced the approval of an austerity package, which are must to get international aid and to prevent other measures, the euro still dropped. It was found that the decline marked the two-month low, and reason for the same could not be understood.

The news of the President Obama's victory was followed by a news that dollar has fallen. However, the analysts said that there is nothing much to worry, as it is being considered that the dollar could soon make its come back.

Service sector is considered to be one of the key sectors of the UK. It is now being found that the sector has been witnessing maximum problems due to slow recovery taking place at economic front in the UK.

The deadly Hurricane Sandy destroyed miles of New Jersey shorefront completely. Getting back to normal conditions has just begun in the state. However, seems New York has been able to recover from the damage soon, as the state is catching up fast with it daily routines and at least getting back its very important subways.