U.S. job growth brakes to eight-month low, labor force shrinks
U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates.
Sep 05, 2014 10:32 AM EDT
Obama says will 'degrade and destroy' Islamic State
The United States plans to fight Islamic State until it is no longer a force in the Middle East and will seek justice for the killing of American journalist Steven Sotloff, President Barack Obama said on Wednesday.
Dollar General sweetens Family Dollar bid, may go hostile
Dollar General Corp (DG.N) raised its bid for Family Dollar Stores Inc (FDO.N) to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
Obama says does not yet have military strategy for Islamic State
President Barack Obama said on Thursday the United States has not yet developed a strategy for confronting Islamic State in Syria, an acknowledgement that a decision had not been made on whether to launch air strikes against the militant group.
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U.S. second-quarter growth strengthens
The U.S. economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses.
Aug 28, 2014 10:32 AM EDT
Buffett puts shareholders ahead of patriotism in Canadian deal
Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.
Aug 27, 2014 9:28 AM EDT
GM ignition-switch fund receives claims for more than 100 deaths
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.
Aug 27, 2014 8:57 AM EDT
U.S. home prices fall in June: S&P/Case-Shiller
U.S. single-family home prices fell in June and disappointed expectations, a closely watched survey said on Tuesday.
Aug 26, 2014 10:34 AM EDT
Drive to be the best - McIlroy or Scott?
Rory McIlroy is the best driver in contemporary golf when he is 'on his game' while Adam Scott is consistently the best, day-in and day-out. Both players are regarded as better off the tee than Tiger Woods was at his peak.
Aug 26, 2014 10:12 AM EDT
Germany clears $6.9 billion RWE unit sale to Russian investor
Germany's economy ministry approved the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis.
Aug 22, 2014 10:46 AM EDT
Valeant, Ackman to submit Allergan special meeting request-CNBC
Valeant Pharmaceuticals International Inc (VRX.TO) and Pershing Square Capital Management will submit a request on Friday to Allergan Inc (AGN.N) for a special shareholders meeting, sources told CNBC television.
Aug 22, 2014 10:33 AM EDT
Sharpton adapts adversarial style to de Blasio's New York
It was not the first time the Reverend Al Sharpton made his way to City Hall in a fiery mood to scold a mayor about New York City police officers killing an unarmed black man.
Aug 22, 2014 10:01 AM EDT
Ford tells U.S. dealers to stop selling some C-Max, Focus models
Ford Motor Co (F.N) has told its U.S. dealers to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows.
Aug 21, 2014 2:42 PM EDT
Business growth slows in China and Europe, Russia sanctions still to bite
Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.
Aug 21, 2014 2:41 PM EDT
Wall St. climbs to record after data; Jackson Hole ahead
U.S. stocks inched higher on Thursday and the S&P reached a record high, lifted by data pointing to steady improvement in the economy, as investors awaited the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.
Aug 21, 2014 2:33 PM EDT
U.S. housing, jobs data bolster economic outlook
U.S. home resales rose to a 10-month high in July and the number of Americans filing new claims for unemployment benefits fell last week, signaling strength in the economy early in the third quarter.
Aug 21, 2014 2:31 PM EDT
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