Monday, September 22, 2014
U.S. corn and soybean crops could break records this year, but for farmers the bounty has a dark side: falling prices and a logistics nightmare getting crops to market.
Downgrades, defaults, recessions, crises: it looks like the end of the party for Latin America's economies after a so-called “golden decade.”
Sunday, September 21, 2014
Japanese automaker Nissan is dismissing speculation that it intends to scale back electric car battery production at its U.S. plant in Tennessee.
Saturday, September 20, 2014
Home Depot said Thursday that a data breach that lasted for months at its stores in the U.S. and Canada affected 56 million debit and credit cards, far more than a pre-Christmas 2013 attack on Target customers.
U.S. Treasury Secretary Jack Lew on Friday urged greater efforts to spur global growth as the head of the World Bank bemoaned a disappointing year and warned of downside risks ahead.
Friday, September 19, 2014
The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening.
Record-low interest rates will be around for at least a few more months, the U.S. Federal Reserve made clear Wednesday.
Thursday, September 18, 2014
U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.
Financial markets are awaiting the end of a U.S. Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase.
Despite sitting atop the world's largest oil reserves, Venezuela's government is facing mounting concerns about its solvency, prompting a downgrade that has added to Latin America's recent economic bad news.