Treasuries gained the most this month since January as faltering European growth and turmoil in Ukraine prompted investors to seek higher-returning U.S.
Consumer spending has dropped down. The fall is the very first if we see the six months' statistics. It is also observed that households' confidence remained high in August approaching the highest point in seven years.
The International Monetary Fund has given a green light for Ukraine to receive the second tranche of financial assistance totalling $1.39 billion, meaning more austerity measures for the already struggling economy.
Berkshire Hathaway Inc. (A:US)'s $3 billion of financing for Burger King Worldwide Inc. (BKW:US)'s planned takeover of Tim Hortons Inc. (THI) gives billionaire Warren Buffett the option to buy a 1.75 percent stake in the combined company.
A+E Networks is close to buying a 10 percent stake in Vice Media Inc., a deal that would value the company at about $2.5 billion, according to people with knowledge of the matter.