MEXICO CITY - South Korea's Kia Motors Corp. says it will invest more than $1 billion to build a car factory in northern Mexico that is expected to begin production in 2016.
The cost of U.S. gasoline is expected to hit its lowest Labor Day level since 2010. And prices are likely to continue dropping to 2014 lows by mid-autumn.
The US budget picture will likely worsen in coming months as companies wait until next year to see what actions Congress will take on taxes, a report from the Congressional Budget Office showed on Wednesday.
BUENOS AIRES (Reuters) - Argentina's government said on Wednesday its long-term plan was to bring all its sovereign debt governed by foreign law under Argentine legislation.
Even in a daylong sideways drift, the Standard & Poor's 500 index managed to eke out its third record close in three days.