News Headline Articles

Small Businesses Could Get Paid Faster

Dozens of large companies such as Apple, Honda and Coca-Cola have agreed to pay their suppliers more quickly in a bid to boost small businesses under President Obama's SupplierPay initiative.

Economists Sharply Cut Forecasts for U.S. Growth

U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, but remain optimistic that the economy will rebound from a poor first quarter.

Downside of Low Mortgage Rates: Less Selling

Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: Mortgage rates so absurdly low it would cost them money to sell.

Fed Vice Chair Fischer: Care Needed to Avoid Crisis

Stanley Fischer, the Federal Reserve's new No. 2 official, says regulators must continue to work to avoid government bailouts of big banks in a crisis, with stricter capital requirements as the better remedy.

U.S., China Conclude Beijing Economic Summit

U.S. Secretary of State John Kerry, Treasury Secretary Jack Lew and Chinese Vice Premier Wang Yang declared the summit a success, citing trade and investment cooperation.

U.S. Wholesalers Cut Stockpiles as Sales Weaken

U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales.

Fed Committee Optimistic About Growth Prospects

Federal Reserve officials differed on the best way to signal when they might raise a key short-term interest rate, but agreed that the monthly bond buying program will end in October.

Senate Shoos in Julian Castro as HUD Secretary

The Senate easily confirmed San Antonio Mayor Julian Castro on Wednesday to head the Department of Housing and Urban Development, boosting the national profile of a potential vice presidential contender in 2016.

Markets Muted as Wall Street Regains Poise

The just-started U.S. earnings season as well China's second quarter GDP figures, due next week, will help investors determine if the recent run up in stock valuations has been justified.

STEM Degrees Mean Better Income and Job Prospects

What you study matters more than which school you went to when it comes to finding a high-paying job after college, according to a report released Tuesday by the Education Department.

Hispanics Lag on Internet Access in High Tech Calif.

Broadband adoption rates have stagnated over the past few years, with access by Hispanics, seniors and others lagging behind that of younger adults and those with higher incomes.

U.S. Job Openings Hit 7-Year High in May

U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.

How GM's Ignition Switch Redesign Went Wrong

The fatal ignition switch flaws in General Motors' cars emerged during efforts to improve its vehicles.

Study: Living the American Dream Costs $130,000 a Year

To live the American dream, the average family needs to make about $130,000 a year. Thanks to the recession, it's a dream for a lot of Americans.

Democrats Call on House GOP to Back Bank

Democrats are fighting for a little-known banking agency that helps finance U.S. exports from a group of Republicans who would like it closed.

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