Friday, August 28, 2015
Ecuadoreans are already contending with a rumbling, ash-spewing volcano and rising living costs because they use the appreciating U.S. dollar as their currency.
Thursday, August 27, 2015
Orders to U.S. factories for long-lasting manufactured goods rose in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months.
The U.S. legislature's official budget analyst projected Tuesday that this year's U.S. government deficit will drop to US$426 billion, the lowest shortfall of Barack Obama's presidency, in a report providing political ammunition to both the ruling center-left Democratic Party and the opposition right-wing Republican Party.
Many Americans have just absorbed a financial beating -- at least as measured by their stock holdings. It's the kind of blow that can feed a sense of helplessness about retirement, college savings and higher-than-expected bills.
U.S. and mainland China officials took a major step Tuesday toward an agreement to advance "clean coal" technologies that purport to reduce the fuel's contribution to climate change -- and could offer a potential lifeline for an industry that's seen its fortunes fade.
Wednesday, August 26, 2015
For much of the economy's fitful and sluggish six-year recovery from the Great Recession, analysts have foreseen a sunnier future: Growth would pick up in six months, or in a year.
Tuesday, August 25, 2015
The vast majority of business economists expect the U.S. Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday.
Wednesday, August 19, 2015
U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.
Tuesday, August 18, 2015
Short of cash and unsettled in their careers, young Americans are waiting longer than ever to buy their first homes.
Monday, August 17, 2015
Brazilian farmer Marcos Croce has woken up and smelled the coffee -- embracing the organic trend and bucking Brazil's long-held status as a mass producer of poor quality beans.