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Finance News

Abercrombie name to shrink from clothing

Abercrombie name to shrink from clothing

2 hours 46 mins ago
NEW YORK (AP) — The Abercrombie & Fitch logo has lost the power it once wielded. Full Story
US economy grew at brisk 4.2 pct. rate in Q2

US economy grew at brisk 4.2 pct. rate in Q2

4 hours 39 mins ago
WASHINGTON (AP) — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. Full Story
Contracts to buy US homes rise in hopeful sign

Contracts to buy US homes rise in hopeful sign

10 hours 25 mins ago
WASHINGTON (AP) — More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed. Full Story
Applications for US unemployment aid slip to 298K

Applications for US unemployment aid slip to 298K

12 hours 3 mins ago
WASHINGTON (AP) — The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong. Full Story
GM to move Cadillac SRX production to Tennessee

GM to move Cadillac SRX production to Tennessee

1 day ago
SPRING HILL, Tenn. (AP) — General Motors announced Wednesday that it is moving production of its next-generation Cadillac SRX crossover SUV from Mexico to its plant in Tennessee, leading United Auto Workers leaders to chide Tennessee Republicans for their opposition to the union increasing its influence in the state. Full Story

Other Top Stories

Cantwell targets small business loan gender gap

Cantwell targets small business loan gender gap

1 day ago
NEW YORK (AP) — Women still have a hard time getting small business loans. Sen. Maria Cantwell is determined to close the gap. Full Story
Time Warner Cable has widespread outages

Time Warner Cable has widespread outages

1 day ago
NEW YORK (AP) — Time Warner Cable says a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours on Wednesday morning. Full Story
Survey: US consumer confidence near a 7-year high

Survey: US consumer confidence near a 7-year high

2 days ago
WASHINGTON (AP) — U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. Full Story