The Obama administration's top legal and health officials defended the embattled health care law on Tuesday, saying they believe it will survive the legal challenges it faces.
The Obama administration has an ambitious goal of doubling U.S. exports over the next five years and creating two million U.S. jobs in the process.
Dealing a blow to a key part of the recently passed U.S. health care reform law, a federal judge ruled Monday it is unconstitutional to require individuals to buy health insurance or face a fine.
The new federal estate taxes proposed for the State of California will result in a much higher budget deficit in the state, according to a report by Moody's Investor Services.
Consumer sentiment in the U.S. rose more than expected during December, and an index of current conditions touched its highest level since January 2008, the Thomson Reuters/ University of Michigan Survey said.
USD/CAD showed little reaction to the first set of data from the US and Canada on Friday and the pair stayed within a descending channel ahead of a more important consumer sentiment data from the US.
Higher-than-expected producer price index released Friday morning in London helped GBP/USD break above the key 1.5838 resistance to a 2-week high and is now targeting the 1.5952-1.5996 region.
On a 2-hour chart, EUR/USD has next support at 1.3141 (S1), as indicated by the 61.8 percent Fibonacci retracement from 1.3422 to 1.2970. A break below the same could take it to 1.3059 (S2) before retesting the November 30 low of 1.2968.
Despite a very strong jobs data early Thursday, the Austalian dollar looks less energized for a rally above Tuesday's high of 0.9964 to 1.0001, to complete the 'right shoulder' of a 'head and shoulders' pattern with 'head' at 1.0181 formed on November 5.
The IBD/TIPP Economic Optimism Index fell during December from the previous month, a report said.
Yearly global emissions of anaesthetic agents can be compared with that of carbon dioxide emissions from one million cars or one coal-fired power plant, says a study.
General Motors on Wednesday said its US auto sales in November rose 11.4 percent over last year led by a balanced contributions from Chevrolet, Buick, GMC and Cadillac cars, crossovers and trucks.
General Motors will add 1,000 engineers and researchers in Michigan over the next two years to significantly expand its vehicle electrification expertise and lead in the development of electric vehicles from hybrids to electric vehicles.
How the celebrities spent their Thanksgiving holiday, here is a round-up.
General Motors has said that it would invest $163.2 million in its operations in Flint and Bay City, Michigan and Defiance, Ohio. This investment is to support engine production for the Chevrolet Volt, Chevrolet Cruze and a new small car, which will be built in the United States.
Ten General Motors executives bought shares at the initial offering price, documents filed with the U.S. Securities and Exchange Commission revealed on Wednesday.
That homegrown American genius and Founding Father Benjamin Franklin was of the opinion that the national bird should be the turkey. The other Founding Fathers overruled him, obviously. Nonetheless, the turkey has in a way become the nation’s bird – the one most Americans want perfectly cooked and centerpiecing their tables for the two biggest feasts of the year.
Initial jobless claims were better-than-expected for the week ended Nov. 20, hitting levels that had not been seen since July 2008, the Labor Department said in a report.
Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of a wave of economic data including durable goods orders and new home sales.
The US dollar slipped in Asian trade on Wednesday, moving off multi-week highs against euro, pound, Aussie and New Zealand dollar, after rising sharply in the previous session which saw an unexpected Korean crisis providing the greenback with safe-haven interests.
United Continental Holdings Inc. has poached on Sara Lee Corporation's top lawyer Brett J. Hart, who will leave the global consumer-goods company to take charge of the legal affairs of the world's largest air carrier.
The need to buy gifts may overwhelm the influence of purchase pain on spending decisions.
