posted: 08/30/2014 1:58 a.m.
Consumer spending in the U.S. unexpectedly dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate.
posted: 08/30/2014 1:53 a.m.
The man who masterminded an $800 million insurance scam that fleeced tens of thousands of investors in one of Florida's all-time largest fraud schemes was sentenced Friday to 20 years in prison.
posted: 08/30/2014 1:52 a.m.
Regulators have asked for additional information from Reynolds American Inc. and Lorillard Inc., the U.S. tobacco companies that agreed last month to a $25 billion merger.
posted: 08/30/2014 1:50 a.m.
The Standard & Poor's 500 index delivered its fourth record high in five days Friday, ending with the biggest monthly gain since February.
posted: 08/30/2014 1:48 a.m.
McDonald's: Russia to check 100 stores MOSCOW -- McDonald's said Russia's consumer-safety regulator is inspecting more than 100 of its restaurants after the world's largest fast-food chain by revenue was forced to close 12 locations in the country.
posted: 08/29/2014 11:07 a.m.
WASHINGTON — U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed.
posted: 08/29/2014 3:25 a.m.
The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years.
posted: 08/29/2014 1:59 a.m.
WASHINGTON -- The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong.
posted: 08/29/2014 1:55 a.m.
TEWKSBURY, Mass. -- Hours after reaching an agreement to buy the company, the restored chief of New England's Market Basket supermarket chain celebrated with workers in a rally at headquarters Thursday, saying he loved them and appreciated their efforts in helping him regain control.
posted: 08/29/2014 1:53 a.m.
Profit falls for Wal-Mart unit in S. Africa
posted: 08/29/2014 1:52 a.m.
Dairy farms offered safety net on prices
posted: 08/28/2014 11:17 a.m.
WASHINGTON — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated.
posted: 08/28/2014 4:52 a.m.
The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by 1.5 percent this year, undermined by a poor performance during the first three months of the year.
posted: 08/28/2014 2:34 a.m.
Financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, will have to give investors details on borrowers' credit records and incomes under action taken Wednesday by federal regulators.
posted: 08/28/2014 2:32 a.m.
Led by demand for its flagship Jack Daniel's brand, spirits-maker Brown-Forman Corp. said Wednesday that its first-quarter net income rose 5 percent despite lower stockpiling by distributors.