Obama Proposes Taxing Profits Earned Abroad To Fund Public Works
February 01 2015 12:40 PM EST
The White House apparently believes it can drum up bipartisan support for the proposal, which will be sent to Congress Monday.
Fed's 'Solid' Growth View In Play, With Greek Drama In The Wings
February 01 2015 8:16 AM EST
The Federal Reserve last week lifted its assessment of the U.S. expansion to “solid” from “moderate.”
Global Fears Hammer US Stocks In January, As Dow Dips 3.7%
January 30 2015 6:12 PM EST
U.S. stocks were hit hard in January, with the blue-chip Dow Jones Industrial Average dropping 3.7 percent.
US Stocks Drop Amid Global Economic Worries
January 30 2015 2:20 PM EST
Global fears weighed on the financial markets Friday after the U.S. economy grew slower than expected last quarter.
Health Insurers Use Price Gimmicks In Obamacare To Discriminate Against Chronically Ill Patients: Analysts
January 30 2015 8:35 AM EST
Pricing mechanisms on the federal health marketplace may be meant to discourage HIV patients from enrolling in certain plans.
US Food And Drink Industry Is Drowning In Plastic
January 29 2015 3:16 PM EST
A new environmental report found that U.S. fast-food, beverage and grocery companies are doing little to deal with the mountain of packaged material waste.
Dow Leaps 100 Points Ahead Of Google, Amazon Earnings
January 29 2015 3:05 PM EST
U.S. stocks rebounded Thursday as tech giants Google and Amazon prepare to unveil quarterly results.
Dow Tumbles After Fed Statement, Oil Price Plunges
January 28 2015 3:53 PM EST
Despite the central bank remaining "patient" on hiking rates, the Dow dropped after oil prices plunged.
Cheap Oil On Troubled Waters
January 28 2015 12:59 PM EST
Global economies are showing signs of weakness — and economists fear that cheap oil could negatively impact a burgeoning U.S. economy.
Dow Edges Higher Ahead Of Fed Statement
January 28 2015 10:50 AM EST
The blue-chip stock index rebounded Wednesday, boosted by strong earnings from Apple and Boeing, as economists await a statement from the Fed.
The (Potential) Doom Of Cheap Oil
January 28 2015 7:54 AM EST
Could cheap oil derail the renewable energy industry? Investors seem to think so, but this isn’t exactly the 1980s all over again.
Fed Seen Remaining Patient With Rate Guidance Amid Global Turmoil
January 28 2015 6:08 AM EST
Collapse in global oil prices is helping to push the Fed further from achieving a key policy goal of raising annual inflation to two percent.
Obama To Seek Increase In Defense Spending
January 28 2015 2:38 AM EST
The proposed budget for the fiscal year beginning Oct. 1 would exceed a $499 billion spending cap on the base budget by $35 billion.
Analysts Examine Effects Of Drop In Oil Prices On Energy Sector
January 27 2015 3:00 PM EST
The sector expects to be the biggest laggard in the S&P 500 in the fourth quarter after oil prices have fallen more than 40 percent since June.
U.S. Apple Growers To Expand Sales In China
January 27 2015 1:51 PM EST
U.S. apple growers may now sell all varieties of apples to China after a bumper crop season.
Northeast Storm Unlikely To Take Significant Economic Toll
January 27 2015 1:31 PM EST
The economic cost of the storm is likely to fall far short of recent winter weather events.
Clean Water? That'll Be $1 Billion
January 27 2015 12:55 PM EST
Amid a historic drought, California is paying a premium to manufacture drinking water from the Pacific Ocean.
Caterpillar's Q4 Profit Down 25% After Oil Price Drop
January 27 2015 10:57 AM EST
The world’s largest manufacturer of construction and mining equipment also said cheap oil will hurt its 2015 sales.
Dow Plunges 300 Points On Weak Earnings, Data
January 27 2015 10:52 AM EST
The blue chip index also fell on concerns about a slowdown in the global economy.
Ruble Falls As Russia Downgraded To Junk By S&P
January 26 2015 9:50 PM EST
Many bond funds will have to sell Russia’s sovereign debt as it falls below investment grade.