News Briefs

Investors Confident in U.S. Despite Turmoil Abroad

The eurozone flirts with recession, Islamic militants advance in Iraq and Russian armor may be straying into Ukraine, but U.S. investors are shrugging it all off -- so far.

Job Openings Abound in South Florida

Job seekers in South Florida had more opportunities to find work this summer as openings increased in the leisure and hospitality industry.

Boko Haram Reportedly Kidnaps Dozens of Youths

Around 100 youths have been abducted by suspected members of the radical Islamic militia Boko Haram in northern Nigeria, where four months ago the group kidnapped more than 200 girls, media reported Friday.

Panama Canal Celebrates 100th Birthday, Faces New Competition

Although a 100th anniversary is usually an opportunity to celebrate history, the future of the Panama Canal remains in doubt.

European Stocks Tank on Ukraine Fighting

European stocks dipped sharply in the final hour of Friday's session, wiping out strong gains from earlier in the day amid reports Ukraine forces fought Russian tanks on Ukrainian soil.

U.S. Consumer Confidence Got Weak in July

U.S. consumer sentiment declined in March as households were less optimistic about the prospects for the overall economy, a survey by the University of Michigan showed on Friday.

U.S. Industrial Production Sees a Surge in July

U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.

Foreign Holdings of U.S. Treasurys Top $6 Trillion

Foreign buyers of U.S. Treasury securities increased their holdings in June, topping $6 trillion for the first time, with Belgium, Brazil and Taiwan among the countries that increased their investments.

Yelp Bringing 300 Jobs to Chicago

San Francisco-based Yelp Inc. plans to open a new office in Chicago next year, requiring 300 new hires, mostly in sales.

Russia Routs Convoy Away From Red Cross

A mysterious convoy that Russia claims is carrying humanitarian aid has turned toward rebel-held Luhansk and away from Red Cross inspectors.

Stocks Move Up a Bit on Weekly Jobless Data

After a lack of direction in early trading Thursday, stocks moved modestly higher and hovered in positive territory.

U.S. Import Prices Fell Less Than Expected in July

U.S. import prices fell by a seasonally adjusted 0.2 percent in July, official data showed on Thursday.

Auto Loans Jump to Highest Level in 8 Years

U.S. auto loans jumped to the highest level in eight years this spring, fueled by a large increase in lending to risky borrowers, the Federal Reserve Bank of New York reported Thursday.

U.S. Jobless Claims Rise to 311,000 for the Week

More people applied for U.S. unemployment benefits last week, but jobless claims remain close to pre-recession levels and positions are going unfilled.

Islamic State Reportedly Abducts Women and Children

More than 100 Yazidi women and children were reportedly abducted by Islamic State militants laying siege to the northern Iraqi town of Sinjar.

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