Friday, July 4, 2014
U.S. President Barack Obama on Wednesday invited top economists to a private lunch at the White House for the second time in three weeks, tapping a broad array of ideological views as he seeks to assemble an economic agenda for the remaining 30 months of his presidency.
Thursday, July 3, 2014
U.S. auto sales grew at the fastest pace in eight years in June, surprising the industry and setting it up for a strong second half of the year.
The U.S. manufacturing sector grew at a slightly slower pace in June after hitting the year's highest level the prior month, the Institute for Supply Management said Tuesday.
Monday, June 30, 2014
In the meadow, four white-haired Shorthorn heifers peel off from the others, raising their heads at the same time in the same direction. Unsettling, when you know they are clones.
Saturday, June 28, 2014
U.S. authorities are set to announce Monday a deal in which the French bank BNP Paribas pleads guilty to helping some countries to avoid U.S. sanctions and agrees to pay an US$8.9 billion fine, the New York Times reported Friday.
A judge Thursday denied Argentina's request to extend deadlines to repay a US$1.65 billion debt to U.S. hedge funds, leaving the nation few options and little time to meet a Monday deadline to make a required payment to the majority of its creditors.
The technology industry's predominantly white and Asian male workforce is in danger of losing touch with the diverse nation — and world — that forms its customer base.
Friday, June 27, 2014
U.S. consumers stepped up their spending only modestly in May, a disappointment to economists who said the weaker-than-expected gain will likely mean less of an economic rebound in the April-June quarter.
The number of Americans seeking unemployment benefits declined last week, the latest evidence that a sharp economic slowdown earlier this year hasn't caused employers to cut jobs.
Ikea's U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.