WASHINGTON - Consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed.
German 10-year bonds advanced this week, completing the longest run of monthly gains since January 2005, after European Central Bank President Mario Draghi fueled bets that officials will expand stimulus to revive the economy.
By Floyd Norris The Standard & Poor's 500-stock index has doubled in value, and it only took 16 1/2 years. The index, which includes all the largest US companies, climbed above 2,000 on Tuesday, 6,049 days after it first closed above 1,000 on February 2, ...
JOHOR BAHRU, Aug 30 (Bernama) -- The 12-point plan mapped by Khazanah Nasional Bhd for Malaysia Airlines (MAS) will not be complete if it does not involve the restructuring of the airline's operations and business.
The first 11 of 24 miners trapped by a collapse in a mine in northern Nicaragua have been rescued, and crews were working early Saturday to free more, officials said.