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Georgia's jobless rate up slightly to 8.3 percent

Georgia labor officials say the state's unemployment rate increased to 8.3 percent in May. The Georgia Department of Labor announced the seasonally adjusted rate early Thursday, saying it was up one-tenth of a percentage point from 8.2 percent in April. State Labor Commissioner Mark Butler said in a statement that ...

  • Updated: 5:39 a.m. Thursday, June 20, 2013

Compromise among senators eyed on border security

After secretive talks, key senators expressed optimism Wednesday night that they were closing in on a bipartisan agreement to dramatically toughen the border security requirements in immigration legislation that also offers a path to citizenship to millions living in the country illegally. Lawmakers and aides alike said the goal was ...

  • Updated: 12:07 a.m. Thursday, June 20, 2013
Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington, Wednesday, June 19, 2013. Bernanke. The Federal Reserve said Wednesday that it will maintain the pace of its bond-buying program to keep long-term interest rates at record lows. But it offered a more optimistic outlook for the U.S. economy and job market. (AP Photo/Susan Walsh)

Fed suggests it's closer to slowing bond purchases

In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening. The Fed's purchases of Treasury and mortgage bonds have ...

  • Updated: 8:06 p.m. Wednesday, June 19, 2013
FILE - In this June 6, 2013, file photo, a woman talks on the phone outside the U.S. Courthouse in Washington, where the secret Foreign Intelligence Surveillance Court resides. The obscure oversight board that President Barack Obama wants to scrutinize the National Security Agency’s secret surveillance system is little known for good reason. The U.S. Privacy and Civil Liberties Oversight Board has operated fitfully during its eight years of its low-profile existence, stymied by Congressional in-fighting and its work at times censored by government lawyers. The privacy board planned to meet privately Wednesday, June 19, 2013, in its first meeting since revelations that the NSA has been secretly collecting the phone records of millions of Americans: It was closed to the public. (AP Photo/Cliff Owen, File)

Oversight board concerned about NSA surveillance

The chairman of the federal oversight board that President Barack Obama said will meet with him to discuss the National Security Agency's secret surveillance program said Wednesday that the group has numerous concerns about the operation and plans to publish a report after a full inquiry. David Medine, who heads ...

  • Updated: 7:41 p.m. Wednesday, June 19, 2013
FILE - In this Thursday, May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. Men's Wearhouse Inc. says it has dismissed Zimmer, its founder and executive chairman. In a terse release issued Wednesday, June 19, 2013, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations. (AP Photo/Ben Margot, File)

Men's Wearhouse ousts founder, pitchman Zimmer

Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it fired executive chairman and face of the company George Zimmer, 64, who has appeared in many of its TV commercials with the slogan "You're going to like the way you look. I guarantee ...

  • Updated: 7:27 p.m. Wednesday, June 19, 2013

AP News in Brief at 10:58 p.m. EDT

Negotiations among senators accelerate on border security issue as part of immigration debate WASHINGTON (AP) — After secretive talks, key senators expressed optimism Wednesday night that they were closing in on a bipartisan agreement to toughen the border security requirements in immigration legislation that also offers a path to citizenship ...

  • Updated: 11:01 p.m. Wednesday, June 19, 2013
In this June 11, 2013, photo, Sen. Chuck Grassley, R-Iowa, ranking Republican on the Senate Judiciary Committee speaks on Capitol Hill in Washington. Grassley says the Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts. He says his office has learned that the IRS is executing an agreement with the employees’ union on Wednesday, June 19, 2013, to pay the bonuses. (AP Photo/Jacquelyn Martin)

IRS draws new criticism over $70M employee bonuses

Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses. The Obama administration has ordered agencies to cancel discretionary bonuses because of automatic spending cuts, but the IRS says it's merely following legal obligations ...

  • Updated: 5:40 p.m. Wednesday, June 19, 2013

Cone Health announces plans to lay off 150 workers

Cone Health announced Wednesday that it's laying off 150 workers to help cut $30 million from its budget. President and chief operating officer Terry Akin said the health care provider will eliminate a total of 300 jobs over the next three months. Of those jobs, 150 are vacant, he said. ...

  • Updated: 5:18 p.m. Wednesday, June 19, 2013
James Daniel, IMF Mission Chief for Spain, left, and Ranjit Teja, Deputy Director of the European Department of the IMF arrive for a press conference at the conclusion of the International Monetary Fund (IMF) visit to Spain at Bank of Spain in Madrid, Wednesday, June 19, 2013. (AP Photo/Andres Kudacki)

IMF calls for urgent steps on Spain unemployment

Spain faces the prospect of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the nation's crippling 27 percent unemployment rate and free frozen credit to businesses so they can expand, the International Monetary Fund said Wednesday. A report issued by the ...

  • Updated: 2:48 p.m. Wednesday, June 19, 2013
U.S. President Barack Obama gestures during a news conference with German Chancellor Angela Merkel at the German Chancellery on Wednesday, June 19, 2013, in Berlin. Obama will renew his call to reduce the world's nuclear stockpiles, including a proposed one-third reduction in U.S. and Russian arsenals, a senior administration official said. (AP Photo/Evan Vucci)

Obama warns EU over high youth unemployment

President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation." Obama warned during his visit to Berlin that, while he was confident the euro area's leaders will resolve their ...

  • Updated: 12:34 p.m. Wednesday, June 19, 2013
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