Job growth appeared to slow drastically during March, as employers added 88,000 new jobs, down from 268,000 in February. The unemployment rate went down a tick, from 7.7 percent to 7.6, but that was due to a reduction in the labor force.
The IRS has issued its annual warning about the "Dirty Dozen" schemes out there—ways that certain disreputable folks will try to steal your money or methods people use to hide financial information from the tax agency.
A courageous 9-year-old girl climbed out of the wreckage then walked for miles to try to find help after the car she and her father were in fell 200 feet down an embankment very early Sunday morning. She is currently recovering in a hospital outside Los Angeles. Her father did not survive the crash.
Jorge Bergoglio, the 76-year-old archbishop of Buenos Aires, Argentina, has been elected as pope. He is the first Latin American to lead the Catholic Church. Bergoglio, who has taken the name Francis I, is also the first Jesuit priest to become pope.
Tuesday evening, a plume of black smoke rose out of the Sistine Chapel at the Vatican, signifying that the first round of balloting to elect a new pope had passed without any nominee receiving the necessary two-thirds majority.
This week at the Vatican in Rome, cardinals from around the world are convening to elect the next pope, which could happen any day now. Who is most likely to succeed Pope Benedict XIV? As of now, there is no clear favorite, but a few cardinals have emerged as the top choices in various bettingmarkets.
The labor market—and the economy overall—is improving, albeit gradually, with employers adding 236,000 jobs in February. That gain brought the unemployment rate down a few ticks from 7.9 percent to 7.7, its lowest point in four years.
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