“They said what in July, and what data bore that out?” — Underemployment to be ‘largely eliminated’ soon, Fed members thought in July

Many members of the Federal Reserve thought that underemployment would be “largely eliminated” soon if the economy keeps up its current growth, an account of their July meeting published Wednesday
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Volkswagen’s labor chief says U.S. operations a ‘disaster’

Source: Reuters (Reuters) – Volkswagen’s (VOWG_p.DE) top labor representative has dubbed the carmaker’s U.S. operations a “disaster” and called for more models and swift decisions to revive the German group’s
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