Sunday, July 27, 2014
Mexican oil company Pemex announced second-quarter losses of more than US$4 billion on Friday, as legislation to end the state firm's 75-year monopoly worked its way through Congress.
Saturday, July 26, 2014
Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
Argentina failed to reach a deal Thursday with hedge funds demanding full payment on its defaulted bonds, veering closer to what the IMF warned could be a painful new default.
Friday, July 25, 2014
Regulators have voted by a narrow margin to end a longtime staple of the investment industry — the fixed US$1 share price for money-market mutual funds — at least for some money funds used by big investors.
The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.
Thursday, July 24, 2014
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed US$1 share price for money-market mutual funds — at least for some money funds used by big investors.
Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city's bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state.
Wednesday, July 23, 2014
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
Panama's economy will grow by as much as 7 percent this year, thanks in large part to revenue from its signature inter-oceanic canal, officials said Monday.
U.S. airlines have been adding jobs for six straight months, though the gains aren't big ones.