The start this week of the first regularly scheduled commercial flights from the United States augurs the likely demise of Cuba's "mules" -- suppliers of last resort for scarce consumer goods on the island.
If New York developer Donald Trump wins the White House in November, the global economy could slip into recession, according to a forecast from Citigroup Thursday.
The world's largest brewer, AB Inbev, says it expects to cut about 3 percent of its total workforce -- equivalent to thousands of jobs -- once it completes its huge merger with its closest rival, SABMiller.
It's perhaps the most contrarian move in investing today: Trust a stock picker. Investors have been dumping funds run by managers who try to beat the market, and they're pouring money instead into those that track the Standard & Poor's 500 or other indexes.
If US Federal Reserve chief Janet Yellen chooses to use her closely watched address on Friday to clear the air, she will have plenty of clearing to do.
The U.S. stepped up its fight against the European Commission's (EC) crackdown on tax avoidance by Apple and other multinational companies, accusing the commission of unilateralism and overstepping its mandate.
The U.S. dollar was barely moved Thursday ahead of a speech by Federal Reserve boss Janet Yellen that could shed light on whether a 2016 rate hike is still on the cards.
U.S. homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.
A new U.S. government report released Tuesday blames lower-than-expected tax revenues for a spike in this year's budget deficit to US$590 billion. That's an increase of about one-third over last year's tally.
Oregon has processed US$25.5 million in tax payments from recreational marijuana from January through the end of July.