Tuesday, February 3, 2015
U.S. consumer spending slipped in December, as the pace of motor vehicle sales slowed and more Americans saved their money.
The United Steelworkers Union called for its refinery workers to stage their largest walkout in more 30 years Sunday, saying its negotiations with Shell Oil Co. broke down less than two weeks after they began.
U.S. President Barack Obama unveils a US$4 trillion spending plan Monday, a budget that calls for huge spending on infrastructure funded by a one-time tax on profits U.S. companies have amassed overseas. The business-friendly Republican-controlled Congress is all but certain to say no.
Saturday, January 31, 2015
The U.S. economy slowed in the final three months of 2014 as a big burst in consumer spending was offset by weakness in other areas.
The Federal Reserve has declared economic growth “solid.” But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.
Ford Motor Co. is putting a tough year behind it and promising big things despite a bumpy global market.
Just four bits of information gleaned from a shopper's credit card can be used to identify almost anyone, suggesting that even anonymous big data sets can breach individual privacy, researchers said Thursday.
Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
Friday, January 30, 2015
The U.S. Federal Reserve on Wednesday kept its “patient” tack on an interest rate hike as it upgraded its view of the U.S. economy, signaling a June move remained in play.
Wednesday, January 28, 2015
The Dow fell more than 350 points in early trade Tuesday following several disappointing earnings reports from big companies and a surprising drop in durable goods orders.