Monday, July 20, 2015
Sunday, July 19, 2015
The Nasdaq closed at a record high for the second straight session Friday, jumping more than 0.9 percent following a surge in Google shares.
Saturday, July 18, 2015
Foreign holdings of U.S. Treasury securities fell in May for a second straight month even though China, the largest foreign owner of Treasury debt, boosted its holdings.
For U.S. investors, low expectations are paying off.
Friday, July 17, 2015
Canada's central bank cut its key lending rate by a quarter-point to 0.5 percent Wednesday in a bid to stimulate an economy that fell into recession in the first half of the year.
Only nine of 25 global energy firms and consortiums that entered Mexico's historic oil auction made offers on Wednesday, as some industry giants shunned the sale.
Raul Castro said Wednesday that Cuba and the United States are entering a new era as the countries prepare to restart diplomatic relations next week, though he insisted more changes in U.S. policy toward the communist-run island are necessary.
Thursday, July 16, 2015
Prices for the producers of goods and services rose modestly in June, a sign that broader inflation is being kept in check. But an outbreak of avian influenza caused the cost of eggs to nearly double, as prices soared at the fastest pace ever recorded.
Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements stay on track, the Fed will likely start raising interest rates later this year.
Twitter's stock briefly spiked on Tuesday after a fake story said the short messaging service received a US$31 billion buyout offer.