Saturday, March 8, 2014
U.S. hiring improved in February from the previous two months despite a blast of wintry weather, likely renewing hopes that growth will accelerate this year.
Dorian Prentice Satoshi Nakamoto said Thursday that he is not the creator of Bitcoin, adding further mystery to the story of how the world's most popular digital currency came to be.
Friday, March 7, 2014
A Federal Reserve survey shows severe weather held back economic growth in much of the U.S. from January through early February. Even so, conditions strengthened in most regions, thanks to slight gains in areas such as employment and commercial real estate.
So far, 2014 is looking like the year of the big deal. Flush with cash and high stock prices, companies are buying up the competition at levels not seen since the dotcom bubble. And with Washington providing more clarity on government spending plans, CEOs are more confident their expansion hopes will pan out — especially if the economy keeps growing.
Japan's biggest brokerage Nomura Holdings has chosen a woman to head its banking arm, in what is believed to be a first for the country's male-dominated financial sector.
Wednesday, March 5, 2014
U.S. home prices rose in January after three months of declines. A tight supply of homes might have helped boost prices and offset sales slowed by cold weather.
The Oracle of Omaha is not a believer in Bitcoin.
U.S. manufacturing activity picked up in February after slowing in January amid severe winter weather, the Institute for Supply Management said Monday.
Tuesday, March 4, 2014
Naquasia LeGrand was frying chicken, sweeping floors and serving customers for US$7.25 an hour when she was recruited by union organizers to join a campaign for higher pay.
Americans spent more in January, but the increase came from a surge in spending on heating bills during the harsh winter. Spending in areas such as autos and clothing declined.