Sunday, August 30, 2015
Brazil has slipped into recession, the government said Friday, deepening the gloom in the world's seventh largest economy already battered by falling commodity prices, political crisis and a corruption scandal.
Saturday, August 29, 2015
Las Vegas plans to double the number of international gates at McCarran International Airport with the expectation that foreign travel to the destination will climb as officials seek out prized direct flights, particularly with Asia.
Friday, August 28, 2015
The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to improvements in a number of areas including consumer spending and business investment.
U.S. stocks climbed Thursday morning, extending their recovery from a sharp sell-off that was triggered by concerns about the health of the Chinese economy.
Argentina's top presidential candidates on Wednesday presented different visions of how to improve the South American nation's economy at a time of soaring inflation and a sharp devaluation of the peso on the black market.
Ecuadoreans are already contending with a rumbling, ash-spewing volcano and rising living costs because they use the appreciating U.S. dollar as their currency.
Thursday, August 27, 2015
Orders to U.S. factories for long-lasting manufactured goods rose in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months.
The U.S. legislature's official budget analyst projected Tuesday that this year's U.S. government deficit will drop to US$426 billion, the lowest shortfall of Barack Obama's presidency, in a report providing political ammunition to both the ruling center-left Democratic Party and the opposition right-wing Republican Party.
Many Americans have just absorbed a financial beating -- at least as measured by their stock holdings. It's the kind of blow that can feed a sense of helplessness about retirement, college savings and higher-than-expected bills.
U.S. and mainland China officials took a major step Tuesday toward an agreement to advance "clean coal" technologies that purport to reduce the fuel's contribution to climate change -- and could offer a potential lifeline for an industry that's seen its fortunes fade.