http://www.mail.com/subjects/1370-economy.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.23/img/mailcom_logo_rss.png http://www.mail.com/subjects/1370-economy.html http://www.mail.com/scitech/health/1862032-healthier-schools-goodbye-candy-greasy-snacks.html WASHINGTON (AP) — Goodbye candy bars and sugary cookies. Hello baked chips and diet sodas. The government for the first time is proposing broad new standards to make sure all foods sold in schools are more healthful, a change that would ban the sale of almost all candy, high-calorie sports drinks and greasy foods on campus. Under new r... Fri, 01 Feb 2013 21:27:00 GMT http://www.mail.com/scitech/health/1862032-healthier-schools-goodbye-candy-greasy-snacks.html 2013-02-01T21:27:00Z http://www.mail.com/business/economy/1861644-detroit-toyota-big-us-sales-gains-january.html DETROIT (AP) — American consumers ignored tax increases and trudged through winter weather to buy new cars and trucks at an unusually strong pace last month. It was the auto industry's best January since 2008. "It was like a sprinter out of the starting blocks," said Mike Jackson, CEO of AutoNation Inc., the country's largest auto dealership chain. U.S. a... Fri, 01 Feb 2013 20:43:00 GMT http://www.mail.com/business/economy/1861644-detroit-toyota-big-us-sales-gains-january.html 2013-02-01T20:43:00Z http://www.mail.com/news/politics/1861444-koch-yorks-feisty-mayor-dies-88.html NEW YORK (AP) — When Ed Koch was mayor, it seemed as if all of New York was being run by a deli counterman. Koch was funny, irritable, opinionated, often rude and prone to yelling. And it worked, for a while at least. With a Bronx-born combination of chutzpah and humor, Koch steered New York back from the brink of financial ruin and infused the city with ... Sat, 02 Feb 2013 00:03:00 GMT http://www.mail.com/news/politics/1861444-koch-yorks-feisty-mayor-dies-88.html 2013-02-02T00:03:00Z http://www.mail.com/business/economy/1861868-dow-ends-14000-1st-time-oct-2007.html NEW YORK (AP) — The Dow closed above 14,000 on Friday for the first time in more than five years. It was just a number on a board, but it was enough to raise the hopes of some investors and cause others concern about an overheated market. And it brought reminders of a different era, back before the financial crisis rocked the world economy. ... Fri, 01 Feb 2013 20:54:00 GMT http://www.mail.com/business/economy/1861868-dow-ends-14000-1st-time-oct-2007.html 2013-02-01T20:54:00Z http://www.mail.com/business/economy/1861470-mattel-4q-wall-streets-expectations.html NEW YORK (AP) — It was a blue Christmas in toyland. Weak demand over the holidays for toys like Barbie and Matchbox led Mattel's results to fall short of expectations in the key holiday quarter. A litigation charge also weighed on results and net income fell 17 percent. Still the results from the world's largest toymaker came in strong... Fri, 01 Feb 2013 18:07:00 GMT http://www.mail.com/business/economy/1861470-mattel-4q-wall-streets-expectations.html 2013-02-01T18:07:00Z http://www.mail.com/business/economy/1862524-germany-warns-euro-crisis.html MUNICH (AP) — Europe's efforts to solve its debt troubles won a vote of confidence Friday from the chairman of China's sovereign wealth fund, but Germany's finance minister told an international conference that the continent can't afford to become complacent. Three years since the crisis started in Greece, the 17 European Union countries that use the euro... Fri, 01 Feb 2013 17:16:00 GMT http://www.mail.com/business/economy/1862524-germany-warns-euro-crisis.html 2013-02-01T17:16:00Z http://www.mail.com/business/economy/1861702-report-us-job-market-surprisingly-strong.html WASHINGTON (AP) — The U.S. job market is proving surprisingly strong and raising hopes that the economy will be resilient enough this year to withstand a budget standoff in Washington and potentially deep cuts in federal spending. Employers added 157,000 jobs last month, and hiring turned out to be healthier than previously thought at the end of 2012 just... Fri, 01 Feb 2013 23:15:00 GMT http://www.mail.com/business/economy/1861702-report-us-job-market-surprisingly-strong.html 2013-02-01T23:15:00Z http://www.mail.com/business/economy/1861866-us-construction-spending-up-09-percent.html WASHINGTON (AP) — Spending on U.S. construction projects rose in December, ending a year in which construction activity increased for the first time in six years. Construction spending rose to a seasonally adjusted annual rate of $885 billion in December, the Commerce Department said Friday. That was up 0.9 percent from November, when spending increased a... Fri, 01 Feb 2013 16:49:00 GMT http://www.mail.com/business/economy/1861866-us-construction-spending-up-09-percent.html 2013-02-01T16:49:00Z http://www.mail.com/business/economy/1862412-oil-up-us-jobs-report-gas-jumps-2-yrs.html NEW YORK (AP) — Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years. The nationwide average price for a gallon of gas jumped 4 cents overnight to $3.46 a gallon, according to AAA. That makes a three-day gain of 10 cents and, for the first time in 2013, gas now costs more than ... Fri, 01 Feb 2013 20:08:00 GMT http://www.mail.com/business/economy/1862412-oil-up-us-jobs-report-gas-jumps-2-yrs.html 2013-02-01T20:08:00Z http://www.mail.com/business/markets/1861000-signs-firm-us-recovery-trigger-market-gains.html LONDON (AP) — Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of Europe. The world's largest economy added 157,000 jobs in January, in line with market expectations, though hiring over the past two years was revised up. The improvement was not sufficient to p... Fri, 01 Feb 2013 16:10:00 GMT http://www.mail.com/business/markets/1861000-signs-firm-us-recovery-trigger-market-gains.html 2013-02-01T16:10:00Z http://www.mail.com/business/economy/1862250-dow-hits-14000-1st-time-october-2007.html NEW YORK (AP) — The Dow rose higher and briefly topped 14,000 Friday, hitting a milestone not seen since before the financial crisis rocked the world economy. The Dow Jones industrial average was up 135 points to 13,996 shortly before noon EST. Earlier it crossed above 14,000 for the first time since Oct. 17, 2007. The Standard & Poor's 500 rose 13 to 1,5... Fri, 01 Feb 2013 15:50:00 GMT http://www.mail.com/business/economy/1862250-dow-hits-14000-1st-time-october-2007.html 2013-02-01T15:50:00Z http://www.mail.com/business/markets/1862256-puerto-rico-teeters-fiscal-edge-pensions.html SAN JUAN, Puerto Rico (AP) — Office clerk Lillian Marti hopes to retire one day with a decent pension. Now, like many other employees of Puerto Rico's government, she's beginning to fear she might not get that chance. "Of course, I'm worried," said the 61-year-old, who has worked for the government for 20 years. Some experts are calling for cutting benefi... Fri, 01 Feb 2013 19:57:00 GMT http://www.mail.com/business/markets/1862256-puerto-rico-teeters-fiscal-edge-pensions.html 2013-02-01T19:57:00Z http://www.mail.com/business/economy/1861890-measure-us-manufacturing-jumps-december.html WASHINGTON (AP) — U.S. manufacturing activity grew at a faster pace in January, driven by an increase in new orders and more hiring at factories. The Institute for Supply Management said Friday that its index of manufacturing activity jumped to 53.1 in January from 50.2 in December. It was the highest reading since April, when the index hit 54.1. ... Fri, 01 Feb 2013 15:05:00 GMT http://www.mail.com/business/economy/1861890-measure-us-manufacturing-jumps-december.html 2013-02-01T15:05:00Z http://www.mail.com/business/markets/1861984-nigeria-lawmaker-charged-alleged-bribery.html ABUJA, Nigeria (AP) — A Nigerian lawmaker who led a probe into the nation's fuel subsidy program that saw billions of dollars lost through fraud has been charged with allegedly soliciting a $3 million bribe from someone targeted by the inquiry. Rep. Farouk Lawan and his aide Emenalo Boniface pleaded not guilty Friday to the charges they face in a Federal ... Fri, 01 Feb 2013 14:35:00 GMT http://www.mail.com/business/markets/1861984-nigeria-lawmaker-charged-alleged-bribery.html 2013-02-01T14:35:00Z http://www.mail.com/business/markets/1861120-dutch-nationalizes-sns-reaal-bank.html AMSTERDAM (AP) — The Netherlands nationalized its fourth-largest bank on Friday, injecting €2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any chance of a messy collapse that would threaten the country's fragile economy and financial system. The total cost to the Dutch government will be at least €3.7 billion, Finance Minister Jeroen D... Fri, 01 Feb 2013 14:17:00 GMT http://www.mail.com/business/markets/1861120-dutch-nationalizes-sns-reaal-bank.html 2013-02-01T14:17:00Z http://www.mail.com/business/economy/1861892-dow-climbs-14000.html NEW YORK (AP) — The Dow Jones industrial average climbed above 14,000 for the first time since the Great Recession. The index rose as high as 14,000.97 in early trading. The index last traded above 14,000 in October 2007. The Dow has gained 6.7 percent since the start of the year. A budget deal, struck at the start of the year in Washington, that allowed ... Fri, 01 Feb 2013 14:14:00 GMT http://www.mail.com/business/economy/1861892-dow-climbs-14000.html 2013-02-01T14:14:00Z http://www.mail.com/business/economy/1861590-ceo-scandal-hit-barclays-up-2012-bonus.html LONDON (AP) — The chief executive of Britain's Barclays bank said Friday he is giving up his 2012 bonus amid a string of high-profile scandals over market-fixing, mis-selling of loan products, and other forms of financial malfeasance. Antony Jenkins had been entitled to a maximum bonus of 2.75 million pounds ($4.35 million), or 250 percent of his 1.1 mill... Fri, 01 Feb 2013 14:07:00 GMT http://www.mail.com/business/economy/1861590-ceo-scandal-hit-barclays-up-2012-bonus.html 2013-02-01T14:07:00Z http://www.mail.com/business/economy/1861872-spanish-economy-minister-to-testify-bank-probe.html MADRID (AP) — Spain's Economy Minister Luis de Guindos has been called by the National Court to testify in a probe into alleged fraud at one of the country's major banks. The court said Friday that De Guindos will give testimony on Feb. 18 as a witness relating to Bankia SA, which had to be nationalized and bailed out by the state for €18 billion ($24 bil... Fri, 01 Feb 2013 14:07:00 GMT http://www.mail.com/business/economy/1861872-spanish-economy-minister-to-testify-bank-probe.html 2013-02-01T14:07:00Z http://www.mail.com/business/economy/1861774-stocks-rise-strong-jobs-numbers.html NEW YORK (AP) — Stocks rose Friday after the latest employment report showed that the country added 157,000 jobs in January, and that hiring for the past two years was better than thought. The Dow Jones industrial average rose 87 points to 13,947. The S&P 500 tacked on 5 points to 1,507. Nasdaq composite gained 20 points to 3,162. But the unemployment rat... Fri, 01 Feb 2013 13:36:00 GMT http://www.mail.com/business/economy/1861774-stocks-rise-strong-jobs-numbers.html 2013-02-01T13:36:00Z http://www.mail.com/business/economy/1861384-spains-attorney-pm-rajoy-quizzed.html MADRID (AP) — Spain's top prosecutor says there is sufficient cause to investigate fresh allegations of irregular financing of Spain's governing Popular Party and that if necessary Prime Minister Mariano Rajoy would be called in for questioning. Attorney General Eduardo Torres-Dulce was responding to the publication by leading newspaper El Pais of the so-... Fri, 01 Feb 2013 13:09:00 GMT http://www.mail.com/business/economy/1861384-spains-attorney-pm-rajoy-quizzed.html 2013-02-01T13:09:00Z http://www.mail.com/business/economy/1861524-futures-moving-higher-strong-jobs-numbers.html NEW YORK (AP) — Stock futures rose Friday after the latest employment report showed that the country added 157,000 jobs in January, and that hiring for the past two years was better than thought. Dow Jones industrial futures rose 87 points to 13,884. The broader S&P futures tacked on 8.7 points to 1,502. Nasdaq futures gained 17.75 points to 2,742.75. But... Fri, 01 Feb 2013 13:08:00 GMT http://www.mail.com/business/economy/1861524-futures-moving-higher-strong-jobs-numbers.html 2013-02-01T13:08:00Z http://www.mail.com/business/economy/1861302-rare-good-news-eurozone-economy.html LONDON (AP) — Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of economic news for the 17 European Union countries that use the euro were all slightly better than hoped — in sharp contrast to some of the grim days the eurozone has witnessed over the last three years of its crisis over too much ... Fri, 01 Feb 2013 13:07:00 GMT http://www.mail.com/business/economy/1861302-rare-good-news-eurozone-economy.html 2013-02-01T13:07:00Z http://www.mail.com/business/economy/1861206-china-poised-to-control-strategic-pakistani-port.html KARACHI, Pakistan (AP) — China is poised to take over operational control of a strategic deep-water Pakistani seaport that could serve as a vital economic hub for Beijing and perhaps a key military outpost, according to officials. The construction of the port, in the former fishing village of Gwadar in troubled Baluchistan province, was largely funded by ... Sat, 02 Feb 2013 02:49:00 GMT http://www.mail.com/business/economy/1861206-china-poised-to-control-strategic-pakistani-port.html 2013-02-02T02:49:00Z http://www.mail.com/business/economy/1861008-oil-slips-closer-to-97-ahead-us-jobs-report.html The price of oil slipped to near $97 a barrel on Friday after figures showed weak growth in China's manufacturing sector and as investors awaited a key U.S. jobs report. By early afternoon in Europe, benchmark oil for March delivery was down 32 cents to $97.17 a barrel time in electronic trading on the New York Mercantile Exchange. The contract fell 45 ce... Fri, 01 Feb 2013 11:24:00 GMT http://www.mail.com/business/economy/1861008-oil-slips-closer-to-97-ahead-us-jobs-report.html 2013-02-01T11:24:00Z http://www.mail.com/business/markets/1861002-solid-jan-hiring-would-boost-hopes-us-economy.html WASHINGTON (AP) — The January employment report is expected to show Friday that job growth remained steady last month even though Americans began receiving smaller paychecks that could keep the economy sluggish. Economists forecast that the economy added 155,000 jobs in January and that the unemployment rate stayed at 7.8 percent for a third straight mont... Fri, 01 Feb 2013 11:13:00 GMT http://www.mail.com/business/markets/1861002-solid-jan-hiring-would-boost-hopes-us-economy.html 2013-02-01T11:13:00Z http://www.mail.com/scitech/news/1861216-us-weighs-tougher-action-china-cyberattacks.html WASHINGTON (AP) — High-level talks with the Chinese government to address persistent cyberattacks against U.S. companies and government agencies haven't worked, so officials say the Obama administration is now considering a range of actions. China-based hackers have long been an economic and national security concern, but as cybersecurity experts report a... Fri, 01 Feb 2013 08:06:00 GMT http://www.mail.com/scitech/news/1861216-us-weighs-tougher-action-china-cyberattacks.html 2013-02-01T08:06:00Z http://www.mail.com/business/economy/1858194-asia-stock-markets-mixed-us-jobless-data.html BANGKOK (AP) — Asian stock markets were mixed Friday after a weak jobs report from the U.S. unnerved some investors, although losses were stanched by Wall Street's overall sterling performance for January. Japan's Nikkei 225 index, meanwhile, was once again energized by the yen's continued descent against the dollar. It rose 0.4 percent to 11,177.33. On T... Fri, 01 Feb 2013 02:28:00 GMT http://www.mail.com/business/economy/1858194-asia-stock-markets-mixed-us-jobless-data.html 2013-02-01T02:28:00Z http://www.mail.com/business/economy/1860938-china-manufacturing-growth-january-weak.html BEIJING (AP) — China's manufacturing activity expanded in January in a new sign of recovery for the world's second-largest economy but growth was weak, two surveys showed Friday. The government-sanctioned China Federation of Logistics and Purchasing said its purchasing managers' index stood at 50.4 on a 100-point scale on which numbers above 50 indicate a... Fri, 01 Feb 2013 02:17:00 GMT http://www.mail.com/business/economy/1860938-china-manufacturing-growth-january-weak.html 2013-02-01T02:17:00Z http://www.mail.com/business/economy/1857948-japan-industrial-production-up-25-percent-dec.html TOKYO (AP) — Japan's industrial production picked up pace in December from the month before, in a sign the world's third-largest economy may be stabilizing thanks to stronger global demand and government spending. Increased output of large passenger cars and vehicle components and machinery for making semiconductors were the main factors helping to drive ... Fri, 01 Feb 2013 01:10:00 GMT http://www.mail.com/business/economy/1857948-japan-industrial-production-up-25-percent-dec.html 2013-02-01T01:10:00Z