The latest news on business
NEW YORK (AP) — Stocks closed lower for the seventh day out of the last eight on Monday after the government reported that U.S. consumers cut their spending last month.
WASHINGTON (AP) — The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.
WASHINGTON (AP) — A treaty governing the high seas is all but dead in the Senate as two Republican senators announced their opposition Monday, giving conservative foes the necessary votes to scuttle the pact.
NEW YORK (AP) — Oil prices climbed for a fourth day on hopes that the Federal Reserve will take additional steps to prop up the economy.
LONDON (AP) — A former top Barclays executive admitted ordering staff to submit false interest rates during the credit crisis in 2008 because he believed his action had been sanctioned by the Bank of England.
SKOPJE, Macedonia (AP) — Macedonian leaders officially launched on Monday the country's largest-ever residential construction project — a €300 million ($365 million), four-tower complex in the capital Skopje.
NEW YORK (AP) — Gannett Co. reported a 21 percent drop in net income for the second quarter Monday, but the media company's earnings excluding one-time expenses beat Wall Street's expectations, sending its stock higher.
A booming population of wealthy runners and new technology help running to defy the downturn
FONTANA, Calif. (AP) — In the foreclosure-battered inland stretches of California, local government officials desperate for change are weighing a controversial but inventive way to fix troubled mortgages: Condemn them.
WASHINGTON (AP) — The United States has won a trade dispute with China over that country's treatment of foreign companies that process credit card payments and other electronic transactions.