Category: Economy

Feed Subscription
Economy Rebounds Strongly In 2nd Quarter, Expands At 4 Percent Annual Rate

Economy Rebounds Strongly In 2nd Quarter, Expands At 4 Percent Annual Rate

By Jim Puzzanghera, Los Angeles Times WASHINGTON -- The U.S. economy rebounded strongly in the second quarter after a winter contraction, expanding at a 4 percent annual rate, the ...

Read More »
Changing Sea Chemistry Will Hit Alaska Communities Hard, Study Says

Changing Sea Chemistry Will Hit Alaska Communities Hard, Study Says

By Sandi Doughton, The Seattle Times SEATTLE -- Oyster growers in the Pacific Northwest have already been stung by changes in ocean chemistry linked to greenhouse-gas emissions. N ...

Read More »
Fed Meets Amid Calls For Tighter Policy

Fed Meets Amid Calls For Tighter Policy

Washington (AFP) - 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 worrie ...

Read More »
Past-Due Debt Prevalent Across U.S., With South The Highest

Past-Due Debt Prevalent Across U.S., With South The Highest

By Kevin G. Hall, McClatchy Washington Bureau WASHINGTON -- Roughly one in three adult Americans has past-due debt that's been turned over to a collections agency, according to a ...

Read More »
Dollar Tree To Buy Family Dollar In $9.2 Bn Deal

Dollar Tree To Buy Family Dollar In $9.2 Bn Deal

New York (AFP) -- U.S. discount retailers Dollar Tree and Family Dollar announced Monday a $9.2 billion merger that will create a huge chain of more than 13,000 stores across Nort ...

Read More »
Amazon Loss Widens Despite Climbing Sales

Amazon Loss Widens Despite Climbing Sales

By Glenn Chapman San Francisco (AFP) -- Internet retail titan Amazon reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than 10 ...

Read More »
U.S. Jobless Claims Fall To Eight-Year Low

U.S. Jobless Claims Fall To Eight-Year Low

Washington (AFP) -- New claims for U.S. unemployment insurance benefits tumbled to an eight-year low last week, pointing to a firming labor market, according to official data rele ...

Read More »
If Four Atlantic City Casinos Close In September, Then What?

If Four Atlantic City Casinos Close In September, Then What?

By Suzette Parmley, The Philadelphia Inquirer ATLANTIC CITY, N.J. -- This resort town faces the prospect of having four major vacancies on its famed Boardwalk come mid-September. ...

Read More »
UBS Charged With Tax Fraud In France

UBS Charged With Tax Fraud In France

Paris (AFP) - Swiss bank UBS was on Wednesday charged with tax fraud in Paris for allegedly helping rich French clients to hide money in Switzerland, a judicial source said. The b ...

Read More »
IMF Cuts 2014 U.S. Economic Growth Forecast To 1.7 Percent

IMF Cuts 2014 U.S. Economic Growth Forecast To 1.7 Percent

Washington (AFP) - The International Monetary Fund on Wednesday lowered its U.S. economic growth forecast for 2014 after severe winter weather in the first quarter delivered a sha ...

Read More »
scroll to top