The US consumer spending data for September showed an unexpected tightening of the purse strings of the Americans as their spending dropped for the first time in eight months amid slowing income growth, the Commerce Department report showed on ...
Specialist Michael Pistillo, left, works with traders at his post on the floor of the New York Stock Exchange, Friday, Oct. 31, 2014.
Average U.S. gas prices are expected to drop below $3 per gallon by Saturday, a psychologically significant milestone that comes after a months-long fall in the price of crude oil.
FRIGHTENINGLY GOOD: New York Stock Exchange traders react to the good news yesterday, as the Dow rose 195 points to close at an all-time high of 17,390.52.
Chinese manufacturing growth has slowed in October, the government says, as the world's second-largest economy expands at its weakest pace in five years.