The economy may not need to bounce back all that much from its first-quarter swoon for the Federal Reserve to raise interest rates in September.
American Express said president Ed Gilligan died suddenly Friday after falling ill while flying on a corporate plane to New York. The credit card company said the 55-year-old executive was coming back from a business trip.
HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 10 this week to 875.
The University of Michigan says its index of consumer sentiment dropped to 90.7 from 95.9 in April. The May reading was the lowest since November.
1. Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.7 percent in the first quarter of 2015, according to the "second" estimate released by the ...