US consumer spending dips 0.1 percent
29 Aug. 20149:12 AM ET
WASHINGTON (AP) — U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed.
US consumer sentiment improves a bit in August
29 Aug. 201411:32 AM ET
WASHINGTON (AP) — U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. Yet the increase largely occurred among higher-income groups.
BRIC wall: Brazil's economy slips into a recession
29 Aug. 20144:03 PM ET
RIO DE JANEIRO (AP) — Brazil's formerly high-flying economy, once the darling of emerging markets, has fallen into recession, according to government data released Friday, as a legion of newly minted middle class citizens tightened their belts and halted a credit-driven spending spree.
Economic sanctions spare Western-tied Russian fund
29 Aug. 20145:21 PM ET
WASHINGTON (AP) — Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its incursions in Ukraine.
Experimental Ebola drug heals all monkeys in study
29 Aug. 20145:03 PM ET
An experimental Ebola drug healed all 18 monkeys infected with the deadly virus in a study, boosting hopes that the treatment might help fight the outbreak raging through West Africa — once more of it can be made.
Sandy recovery, sun boost Jersey shore business
29 Aug. 20145:22 PM ET
BELMAR, N.J. (AP) — Good weather and greater awareness that the Jersey shore has made huge strides in recovering from Superstorm Sandy helped make the second summer after the storm better than the first, many merchants and elected officials say.
Hershey takes wraps off new corporate logo
29 Aug. 201412:40 PM ET
HERSHEY, Pa. (AP) — The Hershey Company is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products.
Sterling says Clippers deal started with 2 numbers
29 Aug. 20142:16 PM ET
LOS ANGELES (AP) — When asked how much money she wanted to sell the Los Angeles Clippers, the wife of disgraced team owner Donald Sterling handed a piece of paper to her lawyer with two numbers: $1.5 to $2.