Thursday, December 11, 2014
North America, once a sponge that sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil's annual long-term energy forecast.
Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses.
The number of available U.S. jobs rose in October to the second-highest level in 14 years, and companies kept hiring at a healthy pace, adding to evidence of an improving economy.
Saturday, December 6, 2014
U.S. employers added a whopping 321,000 jobs in November, the biggest burst of hiring in nearly three years and the latest sign that the United States is outperforming other economies throughout the developed world.
The holiday shopping season is always a make-or-break period for struggling retailers.
Friday, December 5, 2014
The U.S. economy continued growing in October and November amid widespread optimism that the world's biggest engine would stay on track, according to a U.S. Federal Reserve report released Wednesday.
Thursday, December 4, 2014
A day ahead of the European Central Bank's final policy meeting of the year, a closely watched survey indicated Wednesday that the 18-country eurozone is not far from sliding back into recession.
U.S. auto giants General Motors and Chrysler Tuesday rode lower gasoline prices and aggressive holiday promotions to higher November sales, while Ford Motor reported another decline.
Wednesday, December 3, 2014
Cyber Monday is turning into Cyber Month.