Applications for unemployment benefits rose to 282,000 last week, higher than economists expected, but lower on average for the 23rd week in a row, a sign typical of a strengthening labor market.
BERLIN Volkswagen's (VOWG_p.DE) finance chief Hans Dieter Poetsch is set to become its next chairman, putting Europe's biggest carmaker on course for calmer waters after rival factions including ousted patriarch Ferdinand Piech united to back him.
OTTAWA—Canada's trade deficit narrowed in July, beating expectations and bolstering hopes the economy is improving after a weak first half of the year.
PARIS The piece of wing found on the shore of Reunion Island in the Indian Ocean has been formally identified as part of the wreckage of Malaysian Airlines flight MH370, the Paris prosecutor said on Thursday.
Recent global market shocks have put the Federal Reserve in a bind: Should the central bank try to calm nerves on Wall Street by postponing a long-awaited interest rate hike?