Businesses added 190,000 jobs in August, payroll processor ADP said Wednesday, in a possible sign that the labor market will continue to post solid gains despite market turmoil and growing concerns about China's economy.
WASHINGTON U.S. private employers added fewer-than-expected workers in August, but the labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike this year.
NEW YORK Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, said on Wednesday that U.S. central bankers may have missed their window of opportunity to hike rates earlier this year and doing so now could create ...
NEW YORK (The Deal) -- Sergio Marchionne's very public courtship of General Motors (GM - Get Report) has not gained much traction to date.
NEW YORK Puerto Rico's indebted public utility PREPA has reached a deal with a key bondholder group which would see them swap their bonds for new notes, receiving 85 percent of their existing bond claims, according to a statement from the utility.