There are signs that the recovery from recession is not stoking inflation. The cost of living in the US rose at a slower pace while manufacturing has expanded in the New York and Philadelphia regions. Reports from the Federal Reserve Banks of those cities indicate that factories increased production...

Wall Street was higher on Monday on indications that companies had enough cash, credit and confidence to undertake big-ticket deals. Xerox and Abbot Laboratories, the pharmaceutical company, have announced two separate deals, after Dell expanded its presence in the computer-services sector last week...

The market held steady today after the Federal reserve issued its latest perspective on the US economy. Although there is continued weakness in the labor markets there are positive signals in most districts. Five of twelve districts reported signs of improvement, according to the central bank’s...

Stocks traded higher when the market was boosted by a 1.4% month-over-month rise in both the 10- and 20-city S&P/Case-Shiller home-price indexes for June; also, the Conference Board’s August consumer confidence index rose to 54.1 from 47.4 in July. News that President Barack Obama will nominate Ben...

Central bankers and economists are attending a meeting in Jackson Hole, Wyoming this week, where Ben S. Bernanke, chairman of the Federal Reserve, expressed optimism today about the return to growth in the near term for the United States and the rest of the world. Bernanke was joined by world central...

Data released on Thursday, as regards the European economy, showed unexpected strength in the second quarter. Contrasting sharply with the situation at the beginning of the year these statistics offered the clearest evidence yet that rather than a recession Europe would most likely experience a very...

Stocks rallied Wednesday, as investors welcomed a narrower-than-expected trade deficit and an upbeat profit report from Applied Materials ahead of the latest from the Federal Reserve. The Dow Jones industrial average (INDU) gained 117 points, or 1.3%, less than an hour into the session. The S&P...

Main Street caught up to Wall Street, as the labor market showed continued weakness. Big gains have ruled the market most recently, but stocks slid in afternoon trading on concerns that private sector jobs continued to be cut.  The Dow Jones industrials were down 77 points, or 0.8 per cent, the S&...

Procter & Gamble Co. (PG), which Wednesday reported a further drop in fourth-quarter sales, said it expects to see “sequential” improvements in its business as its fiscal year progresses. On a conference call after the company’s earnings release, newly appointed Chief Executive Robert...

A Chinese delegation arrived here this past Saturday to attend the first round of the China-US Strategic and Economic dialogues. More than 100 Chinese officials, led by Vice Premier Wang Qishan and State Councilor Dai Bingguo, landed at the Andrews Air Force Base outside Washington, D.C., and were welcomed...