U.S. Consumer Spending Accelerates In August

American consumers spent more in August, a positive sign for the U.S. economy which appears to have shifted into a higher gear.

A woman shops with her daughter at a Walmart Supercenter in Rogers, Arkansas June 6, 2013.

Macy's To Hire 86,000 Workers For Holiday Season

Department store operator Macy's Inc said it planned to hire about 86,000 workers for the holiday shopping season, up from about 83,000 last year.

Shoppers carry shopping bags as they leave Macy's in New York, November 23, 2012. Black Friday, the day following the Thanksgiving Day holiday, has traditionally been the busiest shopping day

Wall Street Slumps In Broad Decline; Volume Heavy

U.S. stocks were sharply lower on Monday, extending the previous week's decline on heavy volume as investors monitored the continued civil unrest in Hong Kong for any potential impact on Chinese growth.

Traders work on the floor of the New York Stock Exchange September 22, 2014.



Jobs & Career News

Ford To Add 1,200 Jobs, Shift For Transit Van Assembly In Missouri

Ford assembly line employees work on 3500 Duramax engine as they move along the assembly line at the Ford Lima Engine Plant in Lima, Ohio, March 28, 2014.

Ford Motor Co said on Thursday by year end it will add 1,200 jobs and a second shift to build the Transit commercial van at a plant in Missouri, making it the automaker's largest volume factory globally.

U.S. Jobless Claims Up Less Than Expected, Point to Firming Labor Market

A job seeker (R) meets with a prospective employer at a career fair in New York City, October 24, 2012.

The number of Americans filing new claims for unemployment benefits rose less than expected last week, suggesting an acceleration in job growth in September.

French Employer Group Urges 'Shock Therapy' For Economy

Women walk past a clothing store window with discount signs in Strasbourg, June 25, 2014, during the first day of summer sales in France.

France should scrap its 35-hour work week, raise the legal retirement age and lower the minimum wage if it hopes to bring down chronically high unemployment and stimulate growth, the country's main employer group said on Wednesday.

In Push For Top Spot, Volkswagen Hits Labor, Robot Problems

The Volkswagen logo is seen at the Frankfurt Motor Show (IAA) in this September 10, 2013 file photo.

In an era of automation, robotics and spotless factory floors, you don’t expect to see car workers lugging metal along a production line.

Obama Tries Reagan Touch On Economy, But Wages Weigh

U.S. President Barack Obama addresses the Democratic National Committee's Women's Leadership Forum annual Issues Conference in Washington, September 19, 2014.

President Barack Obama, stumping for the Democrats ahead of November's congressional elections, has twice invoked Ronald Reagan's seminal campaign question: "are you better off than you were four years ago?"

Israel Approves Intel's $6 Bln Investment In Chip Plant

Intel VP Gregory Bryant

Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country.

A Sears employee walks past a display of General Electric appliances in Schaumburg, Illinois, in this file photo taken September 8, 2014.

U.S. Business Spending Plans, Jobs Data Support Growth Outlook

New orders for capital goods by U.S. businesses rebounded in August, pointing to underlying strength in the economy.

A customer holds an iPhone 6 (R) and iPhone 6 Plus after the phones went on sale at the Fifth Avenue Apple store in Manhattan, New York September 19, 2014.

Apple Plays Defense On iPhone 6 Bending, Software Concerns

Apple Inc (AAPL.O) broke its silence on complaints about bending iPhones, hours after withdrawing a glitch-ridden software update as the company struggles to restore momentum to the rollout of its latest phones.

A man looks over the Affordable Care Act (commonly known as Obamacare) signup page on the HealthCare.gov website in New York in this October 2, 2013 photo illustration.

Obamacare Initiative Makes Headway In Republican States

President Barack Obama’s plan to extend health coverage to millions of poor Americans remains highly contentious, yet it is gaining momentum among several initially reluctant states where financial pragmatism is trumping ideology.

A bird flies past a container ship belonging to China Shipping Container Lines at the Port of Los Angeles in San Pedro, California August 20, 2014.

U.S. Second-Quarter Growth Revised Up To a Brisk 4.6 Percent Pace

The U.S. economy grew at its fastest pace in 2-1/2 years in the second quarter and activity was broad-based, in a bullish signal for the remainder of the year.

The logo of Hyundai Motor is seen on the steering wheel of a car at a Hyundai dealership in Seoul April 25, 2013. South Korea's Hyundai Motor Co. posted a 15 percent fall in its quarterly net profit, broadly in line with forecasts, as it was hamstrung by

Hyundai-Led Group Agrees To $10 Billion Land Deal, Stokes Union Rage

Hyundai Motor Co (005380.KS) and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul.

A zoomed illustration image of a man looking at a computer monitor showing the logo of Amazon is seen in Vienna November 26, 2012.

Amazon Tests Smart Home Gadgets, Expands Hardware Lab

Amazon.com Inc will boost staffing at its secretive Silicon Valley-based hardware unit by at least 27 percent over the next five years as it tests Internet-connected "smart" home gadgets such as a one-button device to order supplies.

A sign is seen outside a Royal Bank of Scotland building in central London January 28, 2014.

RBS Cuts Sale Price For U.S. Bank Citizens In $3 Billion Listing

The biggest U.S. bank listing since the financial crisis got a lukewarm reception from investors, forcing Royal Bank of Scotland RBS.L to cut the price of shares sold in Citizens Financial Group CFG.N.

People walk by a Walgreens store in Pasadena, California December 20, 2013.

Walgreen Explores Sale Of $1.5 Billion Infusion Business

U.S. drugstore chain operator Walgreen Co (WAG.N) is exploring the sale of a majority stake in its infusion services business, in a deal that could value that division at around $1.5 billion, according to four people familiar with the matter.

Hot steel pouring out of an electric arc furnace.

U.S. Steel Canada Moving Quickly To Sell Hamilton Assets

United States Steel Corp's Canadian unit is preparing to quickly put its Hamilton assets up for sale and also hopes to run an auction process for its operations on Lake Erie, court filings showed on Tuesday.

The Great Seal of the United States

U.S. Treasury Moves Against Tax-Avoidance 'Inversion' Deals

Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad.

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange September 19, 2014.

Frankfurt Exchange's China Dream Turns To Nightmare

When Deutsche Boerse (DB1Gn.DE) set off eight years ago to lure Chinese companies to Germany with fast listings and low fees, it dreamed of one day landing a giant like Alibaba (BABA.N).

George Soros speaks on stage at the Annual Freedom Award Benefit Event hosted by the International Rescue Committee at the Waldorf-Astoria in New York November 6, 2013.

Argentina's Fernandez To Meet Billionaire Investor Soros In New York

Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said.

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