U.S. stocks rose, snapping a six- week drop for the Dow Jones Industrial Average, as European leaders moved closer to a compromise on a Greek bailout and an index of leading American economic indicators beat estimates.
BusinessWeek.com — Finance
At the Haiyang Zhuangshi Co. hardware store in Beijing, sales of paint and aluminum window frames are slowing, one sign of a diminished role for consumer spending in China that’s foiling government objectives.
BusinessWeek.com — Finance
Asian stocks fell, setting the region’s key benchmark index on course for a seventh straight weekly drop, on concern that debt-ridden Greece will default and as reports showed the U.S. economy is cooling.
BusinessWeek.com — Finance
The cost of living in the U.S. rose more than forecast in May as prices for everything from autos to hotel rooms climbed, signaling raw-material expenses are filtering through the economy.
BusinessWeek.com — Finance
Sales at U.S. retailers fell less than projected in May, showing consumers were weathering elevated gasoline costs.
BusinessWeek.com — Finance
U.S. stocks rose, rebounding from six weeks of losses, as a pickup in takeovers and the cheapest valuations in almost a year helped offset concerns about a slowdown in the economic recovery.
BusinessWeek.com — Finance
U.S. stocks rose, rebounding from six weeks of losses, as a pickup in takeovers and the cheapest valuations in nearly a year helped offset concerns about a slowdown in the economic recovery.
BusinessWeek.com — Finance
China’s lending tumbled in May and money supply grew at the slowest pace since 2008, adding to signs that the world’s second-biggest economy is cooling.
BusinessWeek.com — Finance