Never mind the expected winter thaw - the U.S. economy was steaming hot in the second quarter. The nation's gross domestic product grew at a better-than-expected 4% annual rate after contracting at a revised 2.1% pace in the first three months of the year, ...
Chief Executive Evan Spiegel founded Snapchat while he was a student at Stanford in 2011. It might now be worth $10 billion. Chief Executive Evan Spiegel founded Snapchat while he was a student at Stanford in 2011.
NEW YORK (Reuters) - The S&P 500 was near flat on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is in no hurry to raise interest rates.
Twitter CEO Dick Costolo gestures during a panel discussion at the Consumer Electronics Show in Las Vegas on January 8, 2014. Robert Galbraith/Reuters.
... * U.S. Fed nods to firmer inflation, still focused on labor weakness. * Dollar broadly holds gains, hits session high against yen.