Associated Press

U.S. Q1 GDP Growth Slows to 0.5%
The Economy

U.S. Q1 GDP Growth Slows to 0.5%

Higher imports, lower nonresidential fixed investment, and a downturn in federal government spending contributed to the weak growth.
By Katie Kuehner-Hebert | April 28, 2016
Read More
Orders For Durable Goods Get a Lift
The Economy

Orders For Durable Goods Get a Lift

Capital goods orders for June beat expectations, rebounding strongly after dropping the past two months.
By Katie Kuehner-Hebert | July 27, 2015
Read More
Senate Targets Obamacare With Budget Resolution
The Economy

Senate Targets Obamacare With Budget Resolution

Republicans are unlikely to follow up the blueprint's aggressive cuts to nondefense programs with actual legislation.
By Katie Kuehner-Hebert | May 6, 2015
Read More
Consumer Spending Hits Speed Bump
The Economy

Consumer Spending Hits Speed Bump

Personal consumption expenditures decreased $40 billion, or 0.3%, in December, the Bureau of Economic Analysis said, mostly due to slowing car sales.
By Katie Kuehner-Hebert | February 2, 2015
Read More
Teen Apparel Firm Delia’s Files for Bankruptcy
Credit

Teen Apparel Firm Delia’s Files for Bankruptcy

The company, founded in 1993, reported a loss in each of its last five fiscal years.
By Matthew Heller | December 8, 2014
Read More
Wal-Mart Part-Timers to Lose Health-Care Benefits
Workplace Issues

Wal-Mart Part-Timers to Lose Health-Care Benefits

Employees of the retailer that work less 30 hours a week will no longer be covered under the company's health-care plans.
By Matthew Heller | October 8, 2014
Read More
Income Gap a ‘Macroeconomic Problem’ for States, S&P Says
The Economy

Income Gap a ‘Macroeconomic Problem’ for States, S&P Says

Income inequality is hurting U.S. states that rely heavily on revenues generated from taxes on personal income and consumption.
By Matthew Heller | September 15, 2014
Read More
Detroit’s Biggest Liability: Obsolete IT Systems
Operations

Detroit’s Biggest Liability: Obsolete IT Systems

The bankrupt city's CFO and CIO testify that Detroit's information systems infrastructure is "fundamentally broken."
By Vincent Ryan | September 8, 2014
Read More
Is the Jobs-Market Dashboard Signalling a Rate Hike?
The Economy

Is the Jobs-Market Dashboard Signalling a Rate Hike?

While Federal Reserve Chair Janet Yellen contemplates raising interest rates, she'll be closely watching five indicators.
By Iris Dorbian | August 5, 2014
Read More