Thursday, July 31, 2014
The U.S. Federal Reserve began a two-day policy meeting Tuesday under rising pressure to step off its ultra-dovish stance to address rising inflation and worries of overheated markets.
Tuesday, July 29, 2014
Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
Monday, July 28, 2014
Fast food workers from across the U.S. voted to escalate their efforts for US$15-an-hour pay and union membership by using nonviolent civil disobedience, comparing their campaign to the civil rights movement.
Sunday, July 27, 2014
Thousands of U.S. women whose genitals might have been photographed during gynecological exams can share a US$190 million settlement from Johns Hopkins Health System. But they'll have to describe their trauma before seeing any money.
Brazil's central bank said Friday it would ease banks' reserve requirements, freeing up US$13 billion to stimulate lending and boost an economy facing its fourth year of sluggish growth.
Mexican oil company Pemex announced second-quarter losses of more than US$4 billion on Friday, as legislation to end the state firm's 75-year monopoly worked its way through Congress.
Saturday, July 26, 2014
Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
Argentina failed to reach a deal Thursday with hedge funds demanding full payment on its defaulted bonds, veering closer to what the IMF warned could be a painful new default.
Friday, July 25, 2014
Regulators have voted by a narrow margin to end a longtime staple of the investment industry — the fixed US$1 share price for money-market mutual funds — at least for some money funds used by big investors.
The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.