Tuesday, March 31, 2015
U.S. consumers spent just slightly more in February even though their income rose by a healthy amount. But economists hope bigger paychecks will give spending a bigger boost in the coming months.
Demand from China, rising domestic purchasing power, cheap land and labor have helped Brazilian giants earn themselves a healthy slice of the international food sector, as shown by the Heinz-Kraft merger.
Microphone in hand and standing atop the sound truck, the raspy-voiced protest leader jabbed his finger into the air shouting for the ouster of Brazilian President Dilma Rousseff, igniting wild cheers from the crowd below him.
Saturday, March 28, 2015
U.S. economic growth slowed in the fourth quarter, and economists are looking for an even weaker showing in the first quarter as severe winter weather takes its toll. But the retreat is expected to be short-lived. Stronger growth is expected for the rest of the year, thanks to a recovering job market that should boost consumer spending.
Friday, March 27, 2015
Wall Street's deal-making renaissance shows no sign of ending.
The leader of the United Auto Workers (UAW) union has rejected a new level of lower wages for members who make auto parts ahead of contract talks with automakers that start in the summer.
Thursday, March 26, 2015
Orders to U.S. factories for long-lasting manufactured goods fell in February for the third time in the past four months, while a key investment category fell for a sixth month.
U.S. aviation officials say they are streamlining their rules to expedite permits to fly commercial drones as long as flights remain under 200 feet (60 meters) in altitude.
Noble Markets said Tuesday it is adopting Nasdaq technology for its planned Bitcoin exchange, aiming to give institutional investors a credible platform for trading the digital currency.
Wednesday, March 25, 2015
More than 283 Japanese food products imported from the radiation-stricken areas near the Fukushima Dai-ichi nuclear disaster were found to be relabeled as having come from other areas of Japan and sold to local customers, authorities said yesterday.2 Comments