Saturday, October 31, 2015
The U.S. economy slowed sharply in the summer, reflecting a cutback in businesses' stockpiling of goods, which offset solid consumer spending. But most economists think growth has been strengthening since the July-September quarter ended.
The number of people seeking U.S. unemployment aid barely rose last week and the average level of applications in the past month fell to a 42-year low.
Friday, October 30, 2015
The U.S. Federal Reserve kept its benchmark interest rate unchanged Wednesday but, showing more confidence in U.S. economic growth, made clear an increase is possible in December.
Wednesday, October 28, 2015
Orders for long-lasting manufactured goods in the U.S. fell in September, with a key category that tracks business investment plans declining for a second straight month.
Hot dog makers and meat sellers say a report from the World Health Organization labeling wieners, bacon and other processed meats as cancer-causers is baloney.
The U.S. Federal Reserve is expected to again delay raising interest rates when it begins a two-day policy meeting on Tuesday amid more signs of lethargy in the world economy.
Friday, October 23, 2015
The number of Americans seeking unemployment benefits rose slightly last week but the four-week average declined to the lowest level in more than four decades, another sign the job market is healthy.
The U.S. Treasury Department on Wednesday proposed a plan to rescue Puerto Rico from default, but said that it needed approval from the Republican-controlled Congress.
Saturday, October 17, 2015
The number of Americans seeking unemployment aid fell last week, matching the lowest level in 42 years, strong evidence that employers remain confident enough in the economy to hold onto their staffs.
Foreign direct investment in Latin America dived 21 percent in the first half of 2015, a U.N. commission said Thursday, the latest bad news for a region facing recession this year.