Friday, June 13, 2014
U.S. retail sales rose for a fourth straight month in May, adding to evidence that consumer spending will contribute to stronger economic growth.
The Organisation for Economic Cooperation and Development (OECD) on Wednesday urged Canada to raise taxes on non-renewable resources including its oil reserves, which are the third largest in the world.
Wednesday, June 11, 2014
U.S. wholesale businesses built up their stockpiles of goods in April, a sign that companies expect stronger economic growth in the coming months.
Microsoft and Sony grappled on Monday for the hearts of hard-core gamers whose devotion could determine whether Xbox One or PlayStation 4 rule console play and Internet Age entertainment.
The Detroit Institute of Arts (DIA) said Monday that the three largest U.S. automakers have pledged US$26 million to save bankrupt Detroit's world-class collection of art for the public.
Tuesday, June 10, 2014
With the launch of the Xbox One, PlayStation 4 and Wii U in the video game industry's rearview mirror, the spotlight at this week's Electronic Entertainment Expo (E3) in Los Angeles is expected to shift back to games. From online-only titles to virtual reality experiences, about 200 exhibitors will hype their latest software in hopes of becoming The Next Big Thing. A sampling:
U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists. Still, growth for the full year will likely come in lower than they previously estimated.
Saturday, June 7, 2014
U.S. employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
The top U.S. securities regulator Thursday announced plans to tighten oversight of high frequency trading and “dark pool” trading venues that disclose limited pricing information.