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Fed vice chair in spotlight as markets seek rate hike clues

August 29, 2015 WASHINGTON — What once seemed a sure bet — that the Federal Reserve would raise interest rates in September — suddenly appears less certain following a wild week of stock market turbulence. more »»

 
 
 
Facebook hits 1B users milestone in 1 day

August 29, 2015 NEW YORK — A billion people logged in to Facebook on a single day this week, marking the first time that many members used the world's largest online social network in a 24-hour period. more »»

US oil prices climb again after Thursday's jump

August 29, 2015 NEW YORK — Oil prices surged again Friday, a day after recording their biggest gain in more than six years. U.S. crude rose 6.3 percent to finish at $45.22 per barrel after climbing 10. more »»

Brazilian GDP plunges 1.9 percent in 2Q

August 29, 2015 RIO DE JANEIRO — The bottom seems to have fallen out of Brazil's economy, with the government reporting Friday that the gross domestic product plunged 1. more »»

The US economy’s 2Q went from solid to stellar

August 28, 2015 WASHINGTON — The U.S. more »»

Ruling could ease way for unionizing at fast-food chains

August 28, 2015 NEW YORK — It could be easier for unions to bargain for better pay and working conditions on behalf of millions of workers at McDonald’s, Burger King and other fast-food chains after a National Labo... more »»

Apple schedules new product event for Sept. 9

August 28, 2015 SAN FRANCISCO — Apple has announced plans for a new product event on Sept. 9 in San Francisco, where the giant tech company is expected to show off new iPhones and other gadgets. more »»

Amgen wins approval for second cholesterol drug

August 28, 2015 WASHINGTON — Amgen Inc. more »»

US stocks surge, snap 6-day losing streak

August 27, 2015 The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment... more »»

Monsanto abandons takeover bid for Swiss rival Syngenta

August 27, 2015 WASHINGTON — Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion. more »»

Airfare deals pop up as airlines wage fare wars

August 27, 2015 ABOARD AMERICAN AIRLINES FLIGHT 1223 — Airline fare wars are making a comeback. Don't expect widespread sales or cheap flights home for Thanksgiving. more »»

Arizona severs ties with prison operator over riots

August 27, 2015 PHOENIX — Arizona severed ties with a private prison operator over what the state says was a string of troubling security and training lapses that led to violent riots in July. Gov. more »»

Wal-Mart to stop selling AR-15s, similar weapons

August 27, 2015 LITTLE ROCK, Ark. — Wal-Mart will stop selling the AR-15 rifle and other semi-automatic weapons at its stores because fewer people are buying them, a spokesman said Wednesday. more »»

China struggles to keep economy on track to ‘new normal’

August 26, 2015 BEIJING — China’s slump is shaking the world economy, turning a country long seen as a growth engine into a possible threat. more »»

Budget report sees shrinking deficits, but only for now

August 26, 2015 WASHINGTON — An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama’s tenure, Congress’ nonpartisan budget adviser said Tuesday. more »»

Judge approves $225M settlement with Exxon

August 26, 2015 TRENTON, N.J. — After originally seeking $8. more »»

US new-home sales rebound in July

August 26, 2015 WASHINGTON — Americans stepped up their purchases of new homes in July, with sales surging in the Northeast. The Commerce Department says new-home sales rose 5. more »»

China’s stocks suffer biggest one-day fall since 2007

August 25, 2015 BEIJING — China’s stock market fell Monday by its biggest margin in eight years, defying the government’s multibillion-dollar effort to stop a slide that has wiped out the gains of this year’s price... more »»

China’s tremors could weaken the world’s major economies

August 25, 2015 WASHINGTON — China is exporting something new to the world economy: Fear. Global investors are quaking over the prospect of a devastating slump in the world’s second-biggest economy. more »»

Most economists say Fed will raise rates in 2015

August 25, 2015 NEW YORK — The vast majority of business economists expect the Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday. more »»

Man admits forcing immigrant teenagers into egg farm work

August 25, 2015 MARION, Ohio — The thousand-mile journey to the Texas border was supposed to bring the Guatemalan teenagers to a better lif. more »»

 
 
 
 
 
 
 

 

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