Wednesday, September 10, 2014
U.S. consumers stepped up their borrowing in July, led by rising auto loans and higher credit card balances.
Amid a potential global shortfall in hazelnut production, Oregon groves are expected to yield about 20 percent less this year.
Saturday, September 6, 2014
U.S. employers added just 142,000 jobs in August, snapping a six-month streak of hiring above 200,000 and posting the smallest gain in eight months.
Online review site Yelp can lower or raise the rating of a business depending on whether it advertises with the company, a federal appeals court ruled in a lawsuit filed by small businesses claiming Yelp used the tactic to try to extort ads from them.
Friday, September 5, 2014
The U.S. trade deficit fell in July to its lowest level since January, as exports of autos, telecom equipment, industrial machines and semiconductors rose.
Famed British architect Norman Foster and a son-in-law of Mexican billionaire Carlos Slim were named Wednesday to design a sprawling, new international airport for Mexico City costing almost US$10 billion.
Large automakers Wednesday reported generally higher U.S. sales in August on strong demand for trucks and sport utility vehicles, although market leader General Motors suffered a modest decline.
The U.S. economy is growing steadily with little sign of change of pace, but businesses are generally more optimistic about the future, according to the Federal Reserve's newest Beige Book report Wednesday.
Thursday, September 4, 2014
The United States has risen two notches in the economic competitiveness stakes, the World Economic Forum (WEF) said Wednesday.
Brazil's central bank will keep its key interest rate on hold at 11 percent a month before its presidential vote despite a recession and inflationary pressures, analysts indicated Tuesday.