WASHINGTON—Consumer spending advanced at the fastest pace in nearly seven years in April, the latest sign of stronger economic growth following a sluggish start to the year.
NEW DELHI—Brisk consumer spending propelled growth in India's economy to 7.6% in the year that ended March 31, the fastest pace in at least four years despite indications that some areas of Asia's third-largest economy are still struggling.
Home prices rose strongly in March, the latest sign the housing market has momentum heading into the critical spring selling season.
MANAGEMENT CONCESSIONS AT VERIZON: Negotiators agreed on a four year contract Friday, in all likelihood ending the strike of nearly 40,000 CWA/IBEW-represented Verizon workers.
Customer experience and marketing cloud provider Marketo is being acquired by the private equity firm Vista Equity Partners in a deal valued at about $1.79 billion.