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Caterpillar sees slowdown in dealer sales growth

Caterpillar Inc said growth in dealer sales of its heavy equipment slowed in the three months ended July, particularly in North America, reinforcing concerns about the struggling U.S. economy.

Jobless claims up, gasoline lifts consumer prices

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The number of Americans claiming new jobless benefits rose last week and consumer prices increased at the fastest pace in four months in July, highlighting the challenges facing the Federal Reserve.
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Fed's Dudley says tempers U.S. recovery expectations

U.S. economic growth in the first half of the year has been quite a bit slower than expected, a top U.S. central bank official said on Thursday, causing him to temper his expectations about the pace of economic recovery.
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Stock futures signal sell-off ahead of data

Stock index futures pointed to a sharply lower open on Wall Street on Thursday, with futures for the S&P 500 down 2 percent, Dow Jones futures down 1.5 percent and Nasdaq 100 futures down 2.2 percent at 5:17 a.m. EDT.
A Swiss National Bank logo is pictured on the SNB building in Bern

Asian Stocks Fall, Swiss Franc Holds

Asian stocks fell Thursday on profit-taking by nervous investors, while the Swiss franc stayed firm after plans to curb the currency disappointed those looking for more drastic action.
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Wholesale prices boosted by tobacco and trucks

U.S. wholesale prices outside of food and fuel rose at the fastest pace in six months in July as costs for tobacco and light trucks jumped, but weak consumer demand was seen keeping inflation in check at the factory gate.
Factory, housing data flash warning signal

Factory, housing data flash warning signal

Canadian manufacturing sales slid more than expected in June, while sales of existing homes were flat in July, data on Tuesday showed, offering new signals that the Canadian economy is slowing.
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Costly tobacco boosts wholesale prices

U.S. wholesale prices outside of food and fuel rose at the fastest pace in six months in July as costs for tobacco and light trucks jumped, but weak domestic demand was seen keeping inflation pressures in check.
Imperial Tobacco Lodges Legal Challenge Against Cigarette Plain Packaging

Pricey Tobacco Pushes Up Core Producer Inflation

Core producer prices rose at their fastest pace in six months in July on strong tobacco and light truck costs, though weak domestic demand was seen keeping inflation pressures under control.
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SNB moves softly to tame Swiss franc; currency spikes

The Swiss National Bank stepped up its efforts to tame a runaway franc on Wednesday but stopped short of direct intervention, disappointing markets that had positioned for more radical measures and sending the currency sharply higher.
A Sony PlayStation 3 controller

Sony Cuts Price of PlayStation 3 to Revive Sales

Sony Computer Entertainment (SCE) made a surprising announcement on Tuesday at the Gamescom conference in Germany that the company will be lowering the worldwide price of its PlayStation 3 (PS3) by another $50.
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Euro and Tech Stocks Lose Ground in Asia

The euro wobbled Wednesday after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore confidence after a global market rout, while Japanese shares fell, dragged down mainly by hi-tech.
One-hundred Yuan notes are seen in this picture illustration in Beijing

China Paper Prods U.S. to Act on Debt Situation

As Biden arrives in Beijing, China warns the United States must shoulder its responsibilities and take steps to soothe China's concerns over the security of its U.S. government debt holdings.

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