The new year got off to a strong start for job creation, with
businesses adding 234,000 in January, according to a report
Wednesday from ADP and Moody’s Analytics. Read More.
The U.S. stock market failed to defend earlier gains and slid
into negative territory on Wednesday after the Federal Reserve
kept interest rates unchanged but hinted that it will likely
raise rates in March as expected. Read More.
The U.S. expanded at a 2.6% annual pace in fourth quarter,
extending one of the best stretches of growth during the current
eight-and-a-half-year-old upturn. Read More.
Apple Inc. said it would pay a one-time tax of $38 billion on its
overseas cash holdings and ramp up spending in the U.S., as it
seeks to emphasize its contributions to the American economy
after years of taking criticism for outsourcing manufacturing to
China. Read More.
The market’s latest milestone, reached on Tuesday just after the
opening bell, easily sets the record for the fastest rise between
1,000-point barriers. The Dow has been around for 121 years. Read More.
The market’s latest milestone, reached on Tuesday just after the
opening bell, easily sets the record for the fastest rise between
1,000-point barriers. The Dow has been around for 121 years. Read More.
The Dow Jones Industrial Average crossed 26000 for the first
time Tuesday, just seven trading sessions after closing above its
last 1000-point milestone. Read More.
The Internal Revenue Service (IRS) spent millions of dollars over
the past financial year to contract private debt collectors that
targeted some of Americas poorest citizens for unpaid taxes and
only recovered a small fraction of the funds they were supposed
to return to the agency, a new report released on Wednesday
found. Read More.
Economists surveyed by The Wall Street Journal say President
Donald Trump has had generally positive effects on U.S. economic
growth, hiring and the performance of the stock market during his
first year in office. Read More.
Wal-Mart Stores Inc. is boosting its starting hourly wage to $11
and delivering bonuses to employees, capitalizing on the U.S. tax
overhaul to stay competitive in a tightening labor market. Read More.
Wal-Mart Stores Inc. is boosting its starting hourly wage to $11
and delivering bonuses to employees, capitalizing on the U.S. tax
overhaul to stay competitive in a tightening labor market. Read More.