Rhode Island struggles with highest unemployment
Mark Simmons began dialing Rhode Island's unemployment call center at 8 a.m. on a recent Monday. He got a busy signal. He tried 67 more times before ...
Goodyear tops 4Q; Europe weighs on outlook
Goodyear easily topped Wall Street expectations for the fourth quarter, but shares slid Tuesday with Europe dragging down the tire maker's outlook for ...
Stock market drifts lower to start the week
U.S. stocks drifted lower in thin trading Monday, pulling the Standard & Poor's 500 index back from a five-year high. The broad-market index edged up ...
New markets push up L'Oreal profits, sales
Cosmetics giant L'Oreal SA says that for the first time it made more money in emerging markets last year than western Europe or North America — and ...
Greeks snatch urban metal to get through crisis
When Greece adopted the euro, it poured billions into modernizing its infrastructure, building spectacular bridges, highways, and a brand new rail ...
US consumer debt up in Dec. on student, auto loans
Americans stepped up borrowing in December to buy cars and attend school. But they cut back sharply on credit card use, continuing a trend that could ...
Humbled Toyota rolls out new Tundra pickup
Back in 2007, Toyota trumpeted its bulked-up Tundra as a game-changer that would cut into Detroit's dominance of the U.S. pickup truck market.
US productivity fell at 2 percent rate
U.S. worker productivity shrank in the final three months of 2012 although the decline was caused by temporary factors. Productivity contracted at an ...
Dell to go private in $24.4B deal led by founder
Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since ...
Eurozone recovery hopes raised again
Further evidence emerged Tuesday that the economy of the 17 European Union countries that use the euro has started 2013 in better shape than many had ...
Greece says it met deficit-cutting targets in 2012
The Greek government said Monday its painful austerity drive is paying off, with the budget deficit reduced to the target of 6.6 percent of annual ...
Spain's jobless just short of 5 million in January
The number of people registered as unemployed in Spain is bordering on 5 million as the country remains mired in recession. Labor Ministry figures ...
Report: US job market looks surprisingly strong
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 ...
Detroit, Toyota see big US sales gains in January
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 ...
Dow climbs above 14,000
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 ...
Rare good news for eurozone economy
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 ...
Latvia takes big step to joining euro
Unemployment, recession, debt, crisis and bailouts: These have been the sort of words that have been associated with the euro currency over the past ...
Fed says growth pause temporary, keeps up stimulus
The Federal Reserve said Wednesday that the U.S. economy "paused" in recent months because of temporary factors and reaffirmed its commitment to try ...
Israel central bank chief to step down in June
The governor of Israel's central bank, widely credited with steering the nation's economy safely through years of world financial turmoil, resigned ...
US home prices accelerate in November
U.S. home prices accelerated in November compared with a year ago, pushed higher by rising sales and a tighter supply of available homes. The Standard ...
THE RESET: Bernanke keeping foot on stimulus pedal
Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off ...
Tight inventory slows US pending home sales
A measure of Americans who signed contracts to buy homes fell last month after reaching a 2 ½-year high in November. Sales were held back by a limited ...
Davos summit ends with warnings on global economy
The crisis mood is gone, but that doesn't mean you can slip back into your old ways — that's the message from top international finance officials ...
S&P closes above 1,500 for 1st time since 2007
Passing another milestone on the nation's long journey back from the Great Recession, the Standard and Poor's 500 index closed above 1,500 for the ...
S&P 500 in longest winning streak since 2004
The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong ...
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