Thursday, July 16, 2015
Prices for the producers of goods and services rose modestly in June, a sign that broader inflation is being kept in check. But an outbreak of avian influenza caused the cost of eggs to nearly double, as prices soared at the fastest pace ever recorded.
Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements stay on track, the Fed will likely start raising interest rates later this year.
Twitter's stock briefly spiked on Tuesday after a fake story said the short messaging service received a US$31 billion buyout offer.
The problem of exploding air bags could be widening beyond Japanese manufacturer Takata Corp.
Mexico on Wednesday holds the first oil auction of a historic energy reform that reopens the industry to foreign investors, with U.S., European and Asian firms jostling for contracts.
Wednesday, July 15, 2015
Americans cut back their spending at stores and restaurants last month, a sign that they remain cautious despite robust job growth in the past year.
The U.S. government ran a budget surplus in June, leaving the budget deficit so far this year running under last year's level.
The wave of consolidation that swept the U.S. airline industry has markedly reduced competition at many of the nation's major airports, and passengers appear to be paying the price in higher fares and fees, an Associated Press analysis has found.
Tuesday, July 14, 2015
Imagine working out a divorce without hiring an attorney or stepping into court. A Silicon Valley company is starting to make such a possibility a reality with software that experts say represents the next wave of technology .
A majority of small business owners believe companies shouldn't be allowed to withhold goods or services from lesbian, gay, bisexual or transgender people based on an owner's religious beliefs, according to a survey released Monday.