WASHINGTON (AP) - U.S. productivity in the spring rose at the fastest pace since late 2013, while labor costs declined. Worker productivity increased at an annual rate of 3.3% in the April-June quarter, the Labor Department reported Wednesday.
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.
BEIJING (Reuters) - A flood of data from China in coming weeks is likely to point to further weakness in the world's second-largest economy, reinforcing expectations that Beijing needs to roll out fresh stimulus measures and keeping global financial ...
Long Island Rail Road trains going into and out of Pennsylvania Station were suspended on Wednesday morning because of a power failure, snarling service for thousands of commuters.
News Corp said Wednesday that Rebekah Brooks will become Chief Executive of its News UK arm, returning to the post she resigned in 2011 amid the phone-hacking scandal at now-defunct British tabloid the News of the World.