The Federal Reserve's policy committee has tuned into Chair Janet Yellen's beat on the U.S. labor market, and it's still playing the blues.
WASHINGTON (AP) - After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year.
Take that, Facebook Inc. A year after rebuffing a $3 billion takeover proposal from Mark Zuckerberg, Snapchat Inc. is in talks to raise money from Alibaba Group Holding Ltd.
The dollar held below a 10-month peak against a basket of major currencies on Thursday after soaring on upbeat U.S. growth data, with mixed views from the Federal Reserve tempering the rally.
E.W. Scripps and Journal Communications, the publisher of The Milwaukee Journal Sentinel, said on Wednesday that they planned to merge and then spin off their combined newspapers, leaving behind a company focused on broadcast television.