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U.S. News

U.S. jobless rate falls to six-year low in September

U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015 or even earlier.

Posted on 10-03-2014 at 9:06 AM

As U.S. markets fall, Carl Icahn sees correction coming

Billionaire investor Carl Icahn said on Thursday a stock market correction is "definitely coming" and he is worried about the economy, as U.S. stocks tumbled on fresh worries about global...

Posted on 10-02-2014 at 2:54 PM

Netflix to make big screen debut with ‘Crouching Tiger’ sequel

Netflix Inc. and Weinstein Co. will release a sequel to the Oscar-winning Crouching Tiger, Hidden Dragon next year, marking the subscription video service’s first foray into feature film...

Posted on 9-30-2014 at 7:59 AM

EBay stock jumps as it unveils PayPal spinoff

EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company.

Posted on 9-30-2014 at 7:45 AM

Civeo, provider of oilfield 'man camps,' plans move to Canada

Civeo Corp, the provider of oilfield accommodation services, recently spun off by Oil States International Inc., surprised Wall Street on Monday by saying it would not convert to a REIT and...

Posted on 9-29-2014 at 2:30 PM
Consumer spending in U.S. rose 0.5% in August as incomes climbed

Consumer spending in U.S. rose 0.5% in August as incomes climbed

Consumer spending in the U.S. rebounded in August as further job gains encouraged households to loosen their purse strings.

Posted on 9-29-2014 at 8:54 AM

‘Bond King’ Bill Gross leaves Pimco for Janus

Bill Gross, one of the bond market's most renowned investors, is leaving Pimco, the investment firm he founded and with which his name has been effectively synonymous, for rival asset...

Posted on 9-26-2014 at 10:50 AM

Wall St. ends sharply lower, S&P below key support level

U.S. stocks ended with sharp losses on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high.

Posted on 9-25-2014 at 4:43 PM

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