Industrial production in Japan rose less than expected in July while household spending slumped and the inflation rate remained unchanged, highlighting the challenge of reflating the world's third-largest economy.
Detroit secured a commitment for $275 million in bankruptcy exit financing through Barclays Capital, with city officials saying the interest rates on the bonds it will sell came in lower than expected and with broad interest from the bond markets.
This Friday, Aug. 22, 2014, photo shows people walking along Waikiki Beach in Honolulu. State tourism officials planned to discuss industry goals for the upcoming year during a meeting Thursday, Aug. 28, 2014.
The U.S. economy grew faster than first thought last quarter, the Commerce Department said Thursday, the latest in a series of signals that suggest growth is picking up.
A new service is turning Instagram into an instant shopping opportunity. It's called Like2Buy. So far Nordstrom, Target, Saks, and Charlotte Russe are using the service and are linking to their Like2Buy pages from Instagram.