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Wednesday, December 24, 2014
US economy grew at fast 5% annual rate in third quarter
The U.S. economy grew at a sizzling 5 percent annual rate in the July-September period, the fastest in more than a decade, boosted by strength in consumer spending and business investment.
U.S. stocks pushed further into record territory on Tuesday as the Dow Jones industrial average crossed past the 18,000-point mark for the first time. Investors cheered new data showing the U.S. economy grew in the third quarter at the fastest pace in more than a decade.
US home sales hit slowest pace in 6 months in Nov.
Fewer Americans bought homes in November as buying slid to its slowest pace in six months.
Dreams surface in Argentina's remote oil hub
Early-summer winds howl over the semi-arid plains of southern Argentina's Neuquen province, beside the towering Andes, where the land holds riches from dinosaur skeletons to oil and gas.
Tuesday, December 23, 2014
As the U.S. and Cuba begin to normalize relations for the first time in half a century, some Americans are already roaming the streets of Old Havana, attending dance exhibitions and talks on architecture as they take part in scripted cultural tours that can cost more than a decent used car back home.
Experts expect surge in Cuba tourism
Monday, December 22, 2014
Wall Street eyes Uber, Airbnb after hot 2014 for IPOs
Wall Street in 2014 enjoyed its best year for initial public offerings since 2000, thanks to the record-setting flotation of Chinese Internet giant Alibaba and a barrage of biotech deals.
China's wealth finds home in Washington state real estate buys
Savvy Seattle-area real estate agents have gained an advantage by paying attention to the growing connections between China and Washington state.
Wednesday, December 17, 2014
Fed likely to note gains but won't signal rate hike
A resurgent U.S. economy has emerged from a long struggle with high unemployment and weak growth. And the Federal Reserve seems poised to recognize the sustained improvement.
Monday, December 15, 2014
For investors interested in betting on currencies, the divergence of some of the world's largest economies on their approach to interest rates is striking.
Saturday, December 13, 2014
Mexico unveiled Thursday the first phase of its historic opening of the oil sector to foreign investors, pledging transparent auctions in July for 14 shallow-water fields.
Mexico opens 1st phase of oil reform
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