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Wednesday, January 14, 2015
Cheap fuel prices are not deterring some automakers from building up their offerings of alternative fuel vehicles.
Tuesday, January 13, 2015
Drop your top: convertibles poised to make a comeback
Americans are ready to let their tops down and feel the wind blow through their hair.
This isn't explained in Econ 101.
Saturday, January 10, 2015
The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate reached a six-year low. The numbers support expectations that the United States will strengthen further this year even as overseas economies stumble.
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Average mortgage rates in the US hit new lows
Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013.
U.S. consumers increased their borrowing in November, as stronger demand for auto and student loans offset a drop in credit card debt.
Brazil announced budget cuts expected to total US$8.4 billion a year as it reins in government spending at the start of another year with the economy in the doldrums.
Friday, January 9, 2015
Wall Street stocks jumped in early trade Thursday, rising with European bourses that surged on expectations for more eurozone monetary stimulus.
The U.S. Federal Reserve worried about foreign risks to the U.S. economy but could raise interest rates despite weaker-than-desired inflation, according to the minutes of the last meeting published Wednesday.
Thursday, January 8, 2015
US factory orders fall 0.7 percent in November
Orders to U.S. factories fell for a fourth straight month in November, with demand in a key category that signals business investment plans down for a third month.
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