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Friday, September 5, 2014
Britain's Foster to design Mexico City airport
Famed British architect Norman Foster and a son-in-law of Mexican billionaire Carlos Slim were named Wednesday to design a sprawling, new international airport for Mexico City costing almost US$10 billion.
US auto sales mostly up in August, GM sales dip
Large automakers Wednesday reported generally higher U.S. sales in August on strong demand for trucks and sport utility vehicles, although market leader General Motors suffered a modest decline.
The U.S. economy is growing steadily with little sign of change of pace, but businesses are generally more optimistic about the future, according to the Federal Reserve's newest Beige Book report Wednesday.
Thursday, September 4, 2014
The United States has risen two notches in the economic competitiveness stakes, the World Economic Forum (WEF) said Wednesday.
Brazil's central bank will keep its key interest rate on hold at 11 percent a month before its presidential vote despite a recession and inflationary pressures, analysts indicated Tuesday.
Wednesday, September 3, 2014
U.S. President Barack Obama renewed his push for Congress to raise the U.S. minimum wage Monday in a buoyant accounting of the economy's “revving” performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections.
Monday, September 1, 2014
In Sandy turnaround test, NYC says it'll meet goal
A city home-repair program has been sprinting to meet a self-imposed deadline to signal a turnaround in Superstorm Sandy recovery, and officials say they're positioned to pass their test of rebuilding both houses and confidence.
Sunday, August 31, 2014
Brazil, Latin America's largest economy, has slid into recession, further weakening President Dilma Rousseff, who faces an increasingly tough re-election battle on Oct. 5.
Mexico's state-owned oil company Petroleos Mexicanos estimates its crude production will increase to 2.4 million barrels per day in 2015, compared with the 2.35 million barrels per day it expects to produce this year, a company official said Friday.
Saturday, August 30, 2014
U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.
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