WASHINGTON (AP) — Orders to U.S. factories fell in September for a second straight month, with a key category that tracks business spending plans also losing ground.
Factory orders dropped 1 percent in September following a 2.1 percent decline in August, the Commerce Department reported Tuesday. A category that serves as a proxy for business investment spending slipped 0.1 percent.
4. US factories grow at slowest pace in 2½ years; hiring falls - Friday, October 30, 2015
WASHINGTON (AP) — U.S. factory activity grew last month at its slowest pace since May 2013 as manufacturers pared their stockpiles and cut jobs.
The Institute for Supply Management said Monday that its index of factory activity slipped to 50.1 in October from 50.2 in September. The figures barely signal growth, which is any reading above 50.
5. US home values and rents defying global slowdown - Friday, October 23, 2015
WASHINGTON (AP) — U.S. housing appears to be insulated so far from the cooling global economy.
Home values and rental prices are steadily rising, fueled by strong demand and a tight supply of available properties, a pair of reports Tuesday showed. The solid demand drove sales growth early this year and spurred additional construction.
6. The bounce in search of a rally - Friday, October 23, 2015
The lugubrious sentiment that we described in our Oct. 2 commentary, coupled with the collapse in earnings and economic expectations, coiled the market for a well-broadcasted bounce.
Since Oct. 2, the S&P 500 has sprung 7 percent higher, led by the year’s most reviled performers.7. China's economic growth declines to 6-year low - Friday, October 16, 2015
BEIJING (AP) — China's economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert a deeper downturn.
The world's second-largest economy grew by 6.9 percent in the three months ended in September, the slowest since early 2009 in the aftermath of the global financial crisis, data showed Monday. That was down from the previous quarter's 7 percent.8. US factory output drops in latest sign of weak growth - Friday, October 16, 2015
WASHINGTON (AP) — U.S. manufacturing production fell for the second straight month in September as factories cranked out fewer appliances, computers, and electronics.
Factory output declined 0.1 percent, the Federal Reserve said Friday, following a drop of 0.4 percent in August. Manufacturers also cut back on production of steel and other metals.9. An ailing global economy starts to weigh on US job market - Friday, October 02, 2015
WASHINGTON (AP) — A sagging global economy has finally caught up with the United States.
Nervous employers pulled back on hiring in August and September as China's economy slowed, global markets sank and foreigners bought fewer U.S. goods. Friday's monthly jobs report from the government suggested that the U.S. economy, which has been outshining others around the world, may be weakening.
10. GM warns the Valley: Prepare to compete over driverless cars - Friday, October 02, 2015
MILFORD TOWNSHIP, Mich. (AP) — Move that tiny self-driving pod out of the way.
That might as well have been the message Thursday from General Motors to Google, Apple and anyone else with designs on dominating the market for autonomous cars.11. Applications for US jobless aid rise, but remain near lows - Friday, September 25, 2015
WASHINGTON (AP) — Applications for unemployment benefits rose last week, but Americans are seeking jobless aid at historically low levels consistent with a healthy job market.
The Labor Department said Thursday that weekly applications for jobless aid rose 10,000 to a seasonally adjusted 277,000. The four-week average, a less volatile figure, declined to 270,750.
12. Top Middle Tennessee commercial real estate transactions for August 2015 - Friday, October 02, 2015
Top commercial real estate transactions, August 2015, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.13. Survey: US businesses added jobs in September at solid pace - Friday, September 25, 2015
WASHINGTON (AP) — Buoyed by strong consumer spending and steady home sales, U.S. businesses added jobs at a healthy pace in September, according to a private survey.
Payroll processor ADP said Thursday that employers added 200,000 jobs this month, up from 180,000 in the previous month. August's job total was revised lower.
14. Obama issues new China sanctions threat over cybertheft - Friday, September 25, 2015
WASHINGTON (AP) — Somber against a backdrop of grand pageantry, President Barack Obama laid out a fresh threat of sanctions against China for alleged cybercrimes on Friday, even as he and Chinese President Xi Jinping reached an agreement not to conduct or support such hacking. "It has to stop," Obama declared.15. Economy grew at 3.9 percent rate in April-June quarter - Friday, September 25, 2015
WASHINGTON (AP) — The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent financial markets.16. Caterpillar says it could cut 10,000 jobs to reduce costs - Friday, September 25, 2015
Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves.
That could amount to more than 8 percent of the 126,800 employees it had globally as of June.17. Late slump in health care pushes stocks to weekly loss - Friday, September 25, 2015
NEW YORK (AP) — A late slump in health care stocks pushed the market to its third weekly loss this month.
Stocks had traded solidly higher for most of the day, as banks, insurance companies and brokerage firms climbed after Federal Reserve Chair Janet Yellen said that the policymakers would likely raise interest rates this year. The market gave up its most of its gains in the afternoon as a sell-off in drugmakers led the health care sector lower.18. Review: Better photos, animated shots in new iPhones - Friday, September 18, 2015
NEW YORK (AP) — Photography gets even better with Apple's new iPhones.
Although the iPhone is already among the best smartphones for everyday shots, images from previous iPhones haven't been as sharp as what rival cameras produce. The new iPhone 6s and 6s Plus models address that, with 50 percent more detail, while introducing animation for still images and brighter low-light selfies.19. US jobless rate falls to 7-year low; Fed move still unclear - Friday, September 04, 2015
WASHINGTON (AP) — The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month.20. US services firms expand rapidly, lifted by strong sales - Friday, August 28, 2015
WASHINGTON (AP) — U.S. services companies expanded at a healthy pace in August, lifted by robust consumer spending resulting from steady job gains.
The Institute for Supply Management said Thursday that its services index slipped to 59 from 60.3 in the previous month. July's reading was the highest since August 2005, and any reading over 50 indicates expansion.
21. Survey: US businesses hired at steady pace in August - Friday, August 28, 2015
WASHINGTON (AP) — U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found.
Payroll processor ADP said Wednesday that businesses added 190,000 jobs last month, up from 177,000 in July, but below a six-month high in June of 231,000.
22. The US economy's second quarter went from solid to stellar - Friday, August 28, 2015
WASHINGTON (AP) — The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.23. US economy surged at 3.7 percent rate in April-June quarter - Friday, August 21, 2015
WASHINGTON (AP) — The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to improvements in a number of areas including consumer spending and business investment.24. How China's tremors could weaken the world's major economies - Friday, August 21, 2015
WASHINGTON (AP) — China is exporting something new to the world economy: Fear.
Global investors are quaking over the prospect of a devastating slump in the world's second-biggest economy. And they're fast losing confidence that China's policymakers, seemingly so sure-footed in the past, know how to solve the problem.25. Dubai, Saudi markets lose 7 percent after oil price dip - Friday, August 21, 2015
DUBAI, United Arab Emirates (AP) — Stock markets in Saudi Arabia and Dubai closed around 7 percent lower on Sunday on the back of a further slide in oil prices.
Dubai's main index closed 6.96 percent lower on its opening day of trading for the week. Saudi Arabia's Tadawul, the region's largest index, lost 6.86 percent. Other Mideast indexes, which trade from Sunday to Thursday, also tumbled. Egypt's main index, the EGX30, dropped 5.4 percent while Abu Dhabi's index dropped 5 percent.
26. Tesla's loss triples in 2Q as it lowers delivery forecast - Friday, July 31, 2015
DETROIT (AP) — Tesla Motors' upcoming Model X SUV cast a long shadow over the company's second-quarter results.
Tesla's net loss nearly tripled to $184 million in the April-June period as it invested in tooling and factory capacity for the new SUV, which is scheduled to go on sale next month.27. Q&A: What stock market tumble means for China, rest of world - Friday, July 24, 2015
BEIJING (AP) — China's stock market tumbled this week despite a massive government intervention aimed at halting a slide in prices that began last month. At its peak in early June, the Shanghai Composite Index had risen about 150 percent from late 2014. After dropping 30 percent over several weeks, government support measures calmed the market. But on Monday the sell-off resumed, with the Shanghai index suffering a drop of 8.5 percent, its biggest daily fall since February 2007. Here's what the sell-off means for China's economy and other countries.28. China manufacturing slumps to 15-month low - Friday, July 24, 2015
HONG KONG (AP) — China's manufacturing slumped to a 15-month low in July in a fresh sign of deterioration in the world's second biggest economy, a survey showed Friday.
The manufacturing index based on a survey of factory purchasing managers fell to 48.2 this month from 49.4 in June. It uses a 100-point scale on which numbers above 50 indicate expansion.29. Yellen: First Fed rate hike likely later this year - Friday, July 10, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Wednesday she is encouraged by signs that the economy is reviving after a brutal winter. And if the improvements stay on track, the Fed will likely start raising interest rates later this year.30. US unemployment falls to 7-year low, but wages are flat - Friday, July 03, 2015
WASHINGTON (AP) — U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge.31. Volvo chooses South Carolina for new $500 million auto plant - Friday, May 08, 2015
COLUMBIA, S.C. (AP) — Volvo Cars will build a $500 million plant in South Carolina that will eventually employ up to 4,000 people, the company announced Monday.
The company said its first American plant about 30 miles from the Port of Charleston is expected to make about 100,000 vehicles a year, initially.32. Stronger US economy and dollar tighten Latin American ties - Friday, April 03, 2015
WASHINGTON (AP) — In Mexico City, an auto parts company expects to ride a resurgent U.S. auto industry to $1 billion in annual revenue by 2016.
In Bogota, Colombia, a company that makes plastic water valves is hoping an expansion into the United States will super-charge its exports.33. Why 5.5 percent unemployment isn't as great as it seems - Friday, March 06, 2015
WASHINGTON (AP) — Unemployment in the U.S. has dropped to a seven-year low of 5.5 percent — the level normally considered the mark of a healthy job market. Yet that number isn't as encouraging as it might sound.34. US stocks fall, pulling market further below record highs - Friday, February 27, 2015
NEW YORK (AP) — U.S. stocks sank Wednesday, pulling indexes further below record highs hit earlier in the week. The drop was modest but broad: nine of the 10 sectors in the Standard & Poor's 500 index lost ground.35. AP survey: Why the outlook for global economy has brightened - Friday, February 27, 2015
WASHINGTON (AP) — From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates.36. US factory output rises 0.3 percent in December - Friday, January 16, 2015
WASHINGTON (AP) — U.S. factory production rose in December as manufacturers churned out more furniture, computers and clothing, offsetting a decline in autos.
Factory production increased 0.3 percent last month, the Federal Reserve said Friday, its fourth straight gain. The increase comes after output jumped 1.3 percent in November and finally surpassed its pre-recession peak.
37. Dismal report on US retail spending hits the stock market - Friday, January 09, 2015
NEW YORK (AP) – A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety.
U.S. stocks fell from the start of trading on a report that consumers pulled back on spending last month and on a slump in European markets. At one point, the Dow Jones industrial average shed nearly 350 points.
38. Streak of solid hiring bolsters confidence about 2015 - Friday, January 09, 2015
WASHINGTON (AP) â?? U.S. employers are showing more confidence than they have since the Great Recession began and will probably propel the economy in 2015 to its fastest growth in a decade.
December's job gains capped a stellar year for hiring that saw nearly 3 million jobs created, the most since 1999. The acceleration put further distance between the steadily strengthening American economy and struggling nations overseas.
39. Why the US will power the world economy in 2015 - Friday, December 26, 2014
WASHINGTON (AP) — The United States is back, and ready to drive global growth in 2015.
After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite so bright in other major countries.40. Hemlock permanently closing $1.2B plant in Tennessee - Friday, December 12, 2014
CLARKSVILLE (AP) — Hemlock Semiconductor Group is permanently closing its idled polysilicon plant in Clarksville, citing global trade disputes that have led to an oversupply of the compound used in solar energy panels.41. Fed likely to note gains but signal no rate hike - Friday, December 12, 2014
WASHINGTON (AP) — A resurgent U.S. economy has emerged from a long struggle with high unemployment and weak growth. And the Federal Reserve seems poised to recognize the sustained improvement.
In a statement it will issue after a policy meeting ends Wednesday, the Fed may no longer say it plans to keep a key interest rate near zero for a "considerable time." If so, the Fed would be signaling that it's moving closer to raising rates — eventually.42. Job gains put US on pace for best growth since '99 - Friday, December 05, 2014
WASHINGTON (AP) — The resurgence in U.S. hiring accelerated in November and put 2014 on track to be the healthiest year for job growth since 1999.
The gain of a robust 321,000 jobs — the most in nearly three years — put further distance between a strengthening American economy and struggling nations throughout the developed world. The job market still isn't yet fully healthy. But its steady improvement raises the likelihood that the Federal Reserve will start raising interest rates from record lows by mid-2015.
43. US hiring was likely solid for 10th straight month - Friday, December 05, 2014
WASHINGTON (AP) — U.S. employers are thought to have hired at another robust pace in November in the latest sign that the United States is outshining struggling economies throughout the developed world.44. US services firms growing more quickly - Friday, November 28, 2014
WASHINGTON (AP) — U.S. services firms expanded at a faster pace in November, a signal that overall economic growth should remain robust.
The Institute for Supply Management said Wednesday that its services index rose to 59.3 last month, up from 57.1 in October. The first gain in two months pulls the index close to the eight-year high of 59.6 reached in August. Any reading over 50 indicates expansion.45. Energy companies lead an advance in US stocks - Friday, November 28, 2014
NEW YORK (AP) — Energy and health-care companies led major stock indexes higher on Tuesday, even as crude oil resumed its slide. General Motors rose after reporting stronger sales, and Biogen, a biotech company, soared following news that its drug for Alzheimer's disease showed promise.46. Survey: US businesses add 230,000 jobs in October - Friday, October 31, 2014
WASHINGTON (AP) — U.S. companies added 230,000 jobs in October, the most in four months and a sign that businesses are still willing to hire despite signs of slowing growth overseas.
Payroll processer ADP said Wednesday that the job gains were slightly ahead of the 225,000 added in September, which was revised up from an initial estimate of 213,000. Job gains above 200,000 are usually enough to lower the unemployment rate.
47. World Trade Center reopens for business - Friday, October 31, 2014
NEW YORK (AP) — Thirteen years after the 9/11 terrorist attack, the resurrected World Trade Center is again opening for business — marking an emotional milestone for both New Yorkers and the nation.48. US economy grew at 3.5 percent rate in Q3 - Friday, October 24, 2014
WASHINGTON (AP) — The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.49. Economy 101: 5 things to know about US growth - Friday, October 24, 2014
WASHINGTON (AP) — Is the U.S. economy accelerating — finally? If it is, which sorts of Americans stand to benefit most? And why is it doing better than other major economies?
Such are the questions surrounding a report coming Thursday on economic expansion in the July-September quarter. It's likely to be the fourth quarter in the past five in which annual growth reached at least 3 percent — a level that would be the envy of most other big economies.50. Samsung expects lowest profit in over 3 years - Friday, October 03, 2014
SEOUL, South Korea (AP) — The world's biggest smartphone maker is suffering a stunning financial decline in the face of intense competition from Apple Inc. and upstart Chinese brands.51. Why global turmoil hasn't sunk US markets. Yet. - Friday, August 15, 2014
NEW YORK (AP) — Europe appears on the brink of another recession. Islamic militants have seized Iraqi territory. Russian troops have massed on the Ukraine border, and the resulting sanctions are disrupting trade. An Ebola outbreak in Africa and Israel's war in Gaza are contributing to the gloom.52. US companies falling behind as Africa surges - Friday, August 01, 2014
WASHINGTON (AP) — As Africa's economy rises, American businesses are at risk of being left behind.
"We are missing the boat" was the sour warning former President Bill Clinton issued Tuesday at an otherwise upbeat U.S.-Africa Leaders Summit here.53. IMF cuts US and global growth forecasts for 2014 - Friday, July 25, 2014
WASHINGTON (AP) — The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.54. IMF cuts US and global growth forecasts for 2014 - Friday, July 18, 2014
WASHINGTON (AP) — The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.55. Stocks decline in afternoon trading; Mattel down - Friday, July 11, 2014
U.S. financial markets veered lower in afternoon trading Thursday, giving back gains from a day earlier. Economic data were mixed and company earnings reports were mostly disappointing. Investors also monitored developments in Ukraine following reports that a passenger plane was shot down over the eastern part of the country.56. June jobs report shows US recovery is accelerating - Friday, July 04, 2014
WASHINGTON (AP) — A surprisingly robust job market is energizing the 5-year-old U.S. recovery and driving the economy closer to full health.
Employers added 288,000 jobs in June and helped cut the unemployment rate to 6.1 percent, the lowest since 2008. It was the fifth straight gain above 200,000 — the best such stretch since the late 1990s tech boom.
57. US employers add 217K jobs; rate stays at 6.3 pct - Friday, June 06, 2014
WASHINGTON (AP) — U.S. employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
Monthly job growth has averaged 234,000 for the past three months, up sharply from 150,000 in the previous three. The unemployment rate, which is derived from a separate survey, remained 6.3 percent in May. That's the lowest rate in more than five years.
58. US factory orders up for third month in April - Friday, May 30, 2014
WASHINGTON (AP) — Orders to U.S. factories rose for a third consecutive month in April, adding to evidence that manufacturing is regaining momentum after a harsh winter.
Orders increased 0.7 percent in April, pushed higher by a surge in demand for military hardware, the Commerce Department reported Tuesday. That followed a 1.5 percent increase in March and a 1.7 percent climb in February.
59. Manufacturers see better times for economy, jobs - Friday, April 25, 2014
NEW YORK (AP) — Companies are finally starting to spend some of the cash they've been sitting on, and that could mean a stronger economy and more jobs are on the way.
Industrial companies such as General Electric, Honeywell and Caterpillar have been posting strong financial results in recent weeks and telling investors that orders are strong. That means other large companies are investing in expensive equipment they need to grow their business, economists say.
60. Oil down despite China stimulus, supply drop - Friday, March 28, 2014
LONDON (AP) — The price of oil drifted lower Thursday even after China introduced measures to underpin growth and U.S. crude inventories unexpectedly declined.
Benchmark U.S. crude for May delivery was down 53 cents to $99.09 a barrel at 0900 GMT in electronic trading on the New York Mercantile Exchange. The contract shed 12 cents to close at $99.62 on Wednesday.61. Events - Friday, March 28, 2014
Benefits of Captive Companies in Tennessee. Join Baker Donelson for a special luncheon featuring Michael A. Corbett and Julie McPeak, who will talk about the cost, investment, advantages and upkeep of a captive. Hosted by insurance regulatory attorneys David Broemel and Lee Harrell. Tax attorney Scott Smith also will be on hand to answer any questions about federal and state tax issues and planning opportunities involving captive insurance companies. Today, 11:30 a.m., lunch and registration. Noon-1 p.m., program. Baker Donelson Center, 211 Commerce Street, First Floor Special Events Center, Nashville. Information: email@example.com. Stocks gain after reports on housing, Ukraine - Friday, March 14, 2014
NEW YORK (AP) — Encouraging news on the economy gave the stock market a boost on Tuesday.
Stocks also rose on expectations that the conflict between Russia and the West wouldn't escalate further. Russia's President Vladimir Putin is preparing to complete the annexation of the Black Sea peninsula of Crimea, but he said Tuesday that he won't take over other areas of Ukraine.
63. Analysis: Tax overhaul bill headed for the shelf - Friday, February 21, 2014
WASHINGTON (AP) — Ordinarily, the late-winter introduction of major legislation by the chairman of a powerful committee might signal a major push in Congress for an election-year accomplishment.
That's not the case with tax reform, which now takes its place in the "do not disturb" corner with immigration legislation, trade bills and an increase in the federal minimum wage.64. US service sector expands on gain in new orders - Friday, January 31, 2014
WASHINGTON (AP) — U.S. service companies expanded at a slightly faster pace in January. New orders, sales and hiring showed strength in a sign that financial firms, retailers and information technology companies foresee stronger growth.65. After tough January, stock extend slide - Friday, January 31, 2014
For investors, February is starting out just as rough as January.
U.S. stocks tumbled on Monday, pushing the Dow Jones industrial average down more than 320 points after reports of sluggish U.S growth added to investor worries about the global economy. The slump follows the Dow's worst January performance since 2009.
66. Caterpillar 4Q results, 2014 outlook tops forecast - Friday, January 24, 2014
NEW YORK (AP) — Caterpillar used a combination of cost-cutting and strong sales of construction equipment to deliver a fourth-quarter profit that topped Wall Street estimates and gave the sagging stock market some needed support.67. China's economy grows 7.7 percent in 2013 - Friday, January 17, 2014
BEIJING (AP) — China's economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure on its leaders to shore up an expansion as they try to implement sweeping reforms.68. Senate easily passes $1.1 trillion spending bill - Friday, January 17, 2014
WASHINGTON (AP) — Congress sent President Barack Obama a $1.1 trillion government-wide spending bill Thursday, easing the harshest effects of last year's automatic budget cuts after tea party critics chastened by October's partial shutdown mounted only a faint protest.69. Factory, construction growth boost 2014 outlook - Friday, January 03, 2014
WASHINGTON (AP) — Expectations are rising for a stronger U.S. economy in 2014 after reports Thursday showed solid growth in manufacturing and construction spending at the end of last year.
Factory activity in December stayed near a 2 ½ -year high. Americans are buying more cars and homes, increasing demand for steel, furniture and other manufactured goods. Manufacturers have boosted hiring to meet that demand and may add jobs at a healthier pace this year.70. Caterpillar 3Q earnings tumble 44 percent - Friday, October 18, 2013
MINNEAPOLIS (AP) — Caterpillar's mining business is down in a hole.
Its third-quarter earnings plunged 44 percent and it cut its forecast, again. It said revenue will be almost $11 billion lower than last year, a drop of 17 percent. Most of the decline is in its mining gear business, where revenue is expected to fall 40 percent.
71. An attempt to legalize hemp farming in Tennessee is getting pushback, despite its economic potential - Friday, October 04, 2013
In Tennessee, the idea of hemp is hot. For at least a couple of legislators and an equal number of grassroots advocates in the state, hemp could be the second coming of corn in terms of its potential as a crop with a diversity of uses.72. Bank of America sells China bank stake for $1.47B - Friday, August 30, 2013
HONG KONG (AP) — Bank of America sold a $1.47 billion stake in China Construction Bank on Wednesday, the latest foreign institution to shed its investment in a Chinese lender after initial optimism about the potentially lucrative market wore off.73. An early gain fades on Wall Street - Friday, August 02, 2013
NEW YORK (AP) — An early rally on Wall Street fizzled, leaving the stock market slightly higher in midday trading Thursday.
Miners and other companies that make basic materials surged after news that China's trade rebounded in July, signaling the end of a six-month slowdown for the world's second-largest economy.
74. US employers add 162K jobs, rate falls to 7.4 pct. - Friday, August 02, 2013
WASHINGTON (AP) — U.S. employers added 162,000 jobs in July, a modest increase and the fewest since March. At the same time, the unemployment rate fell to a 4½-year low of 7.4 percent, a hopeful sign.75. Caterpillar 2Q profit falls 43 pct; cuts outlook - Friday, July 19, 2013
PEORIA, Illinois (AP) — Caterpillar says its second-quarter profit fell 43 percent as dealers cut inventories more than it had anticipated and the company cut its profit and revenue outlook for the year.76. Grim Caterpillar outlook tugs stocks mostly lower - Friday, July 19, 2013
NEW YORK (AP) — A gloomy outlook from Caterpillar, the world's largest construction equipment company, tugged the stock market lower Wednesday.
The meager drop gave the stock market two consecutive days of losses, the first time that's happened all month.
77. Weak China data, falling US stocks push oil lower - Friday, July 19, 2013
NEW YORK (AP) — Weak manufacturing data from China and falling U.S. stock markets pushed oil to its biggest one-day decline in five weeks Wednesday.
Benchmark crude for September delivery dropped $1.84, or 1.7 percent, to close at $105.39 a barrel on the New York Mercantile Exchange. That's the biggest percentage decline since June 21.
78. Ford raises profit forecast on strong 2Q results - Friday, July 19, 2013
DEARBORN, Mich. (AP) — Ford Motor Co. reported better-than-expected earnings for the second quarter and raised its profit and sales forecasts for the year as strong U.S. pickup truck demand and growing sales in China offset persistent — but narrowing — losses in Europe.79. US economy looks weaker after subpar retail sales - Friday, July 12, 2013
WASHINGTON (AP) — The U.S. economy appears to be weaker than many economists had thought after a report Monday showed consumers spent cautiously in June at retail businesses.
Americans bought more cars and trucks, furniture and clothes. But they cut back almost everywhere else. They spent less at restaurants and bars, reduced purchases at home improvement stores, and bought fewer computers and electronics.
80. US manufacturing gauge sinks to June 2009 level - Friday, May 31, 2013
WASHINGTON (AP) — A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and weak business spending reduced new orders and production.
The Institute for Supply Management said Monday that its index of manufacturing activity fell to 49 last month from 50.7 in April. That's the lowest level in nearly four years and the first time the index has dipped below 50 since November. A reading under 50 indicates contraction.81. GM profit falls 14 pct in 1Q; Europe loss narrows - Friday, April 26, 2013
DETROIT (AP) — General Motors' net income fell 14 percent in the first quarter, as it earned less money in North America while preparing to launch a redesigned version of its best-selling vehicle, the Silverado pickup.82. Oil sinks on China manufacturing and US supplies - Friday, April 26, 2013
NEW YORK (AP) — The price of oil dropped more than 2 percent Wednesday, following disappointing economic news from the world's two biggest oil-consuming nations and a large increase in U.S. crude supplies.83. US economy accelerates at 2.5 percent rate in Q1 - Friday, April 26, 2013
WASHINGTON (AP) — Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax increases along with federal budget cuts could slow growth later this year.84. Barge Waggoner promotes quartet of vice presidents - Friday, April 26, 2013
Award-winning architecture and engineering firm Barge Waggoner Sumner and Cannon, Inc. appointed four new vice presidents at its recent annual stockholders’ meeting:85. Ford's first quarter profit up 15 pct to $1.6B - Friday, April 19, 2013
DEARBORN, Mich. (AP) — Ford Motor Co. reported a better-than-expected $1.6 billion profit in the first quarter as growing demand in the U.S. and China for its new vehicles helped overcome steep losses in Europe and South America.86. Report: US footing greater bill for overseas bases - Friday, April 12, 2013
WASHINGTON (AP) — The United States is footing more of the bill for overseas bases in Germany, Japan and South Korea even as the military reduces the number of American troops in Europe and strategically repositions forces in Asia, a congressional report says.87. Stock market rebounds from worst day of the year - Friday, April 12, 2013
NEW YORK (AP) — Strong housing and earnings reports helped stocks rebound from their worst day of the year.
The Dow Jones industrial average rose 157.58 points, or 1.1 percent, on Tuesday, to 14,756.78, winning back more than half of the 265 points it lost a day earlier. The Standard & Poor's 500 index logged its second-best day of the year.
88. US adds 236K jobs, unemployment falls to 7.7 pct. - Friday, March 08, 2013
WASHINGTON (AP) — A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts.89. Caterpillar 4Q profits cut in half; 2013 uncertain - Friday, January 25, 2013
MINNEAPOLIS (AP) — Caterpillar's fourth-quarter profit was cut in half by a deal in China that went bad and by slower growth around most of the world. It said results for this year depend on how the global economy behaves in the second half.90. AP IMPACT: Recession, tech kill middle-class jobs - Friday, January 18, 2013
NEW YORK (AP) — Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over.
And the situation is even worse than it appears.91. Hemlock laying off workers, production pushed back - Friday, January 11, 2013
CLARKSVILLE (AP) — Hemlock Semiconductor is laying off three-fourths of its employees in Clarksville shortly before the planned start of production at its new $1.2 billion plant.
Officials of the Michigan-based company met with The Leaf-Chronicle (http://leafne.ws/WX8wuq) on Monday and said the company is laying off 300 of its 400 employees in Clarksville and 100 workers at its Michigan plant.92. Lawmakers release documents on Wal-Mart bribery - Friday, January 11, 2013
NEW YORK (AP) — Lawmakers are making public emails that show that Wal-Mart Stores Inc.'s CEO found out in 2005 that the retailer was handing out bribes in Mexico.93. World's longest fast train line opens in China - Friday, December 21, 2012
BEIJING (AP) — China on Wednesday opened the world's longest high-speed rail line that more than halves the time required to travel from the country's capital in the north to Guangzhou, an economic hub in southern China.94. Illegal immigration drops after decade-long rise - Friday, November 30, 2012
WASHINGTON (AP) — New census data released Thursday affirm a clear and sustained drop in illegal immigration, ending more than a decade of increases.
The number of illegal immigrants in the U.S. dropped to an estimated 11.1 million last year from a peak of 12 million in 2007, part of an overall waning of Hispanic immigration. For the first time since 1910, Hispanic immigration last year was topped by immigrants from Asia.95. Obama pipeline decision may preview energy policy - Friday, November 30, 2012
WASHINGTON (AP) — It's a decision President Barack Obama put off during the 2012 campaign, but now that he's won a second term, his next move on a proposed oil pipeline between the U.S. and Canada may signal how he will deal with climate and energy issues in the four years ahead.96. Consumers give US economy a lift before election - Friday, October 26, 2012
WASHINGTON (AP) — A flurry of reports Thursday showed that U.S. consumers are growing more confident and spending more, boosting a still-weak economy just five days before the presidential election.97. US Steel 3Q profit doubles despite revenue drop - Friday, October 26, 2012
U.S Steel doubled its third-quarter net income as a tax benefit helped balance pressure from price decreases and a challenging global economy.
The Pittsburgh manufacturer said Tuesday that it earned $44 million, or 28 cents per share, in the quarter that ended Sept. 30. That compares with $22 million, or 15 cents per share, a year ago.98. Oil below $92 amid US supplies rise, China growth - Friday, October 12, 2012
The price of oil slipped below $92 a barrel Thursday as traders weighed signs of economic recovery in the U.S. and China against an increase in U.S. crude supplies.
By early afternoon in Europe, benchmark oil for November delivery was down 21 cents at $91.91 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 3 cents to settle at $92.12 a barrel on Wednesday.99. IMF offers bleak assessment of stalled recovery - Friday, October 05, 2012
TOKYO (AP) — Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast.100. Stocks rise following expansion in manufacturing - Friday, September 28, 2012
U.S. stocks mostly rose on Monday as growth in manufacturing provided more evidence that the economy may be picking up, or at least not getting any worse.
The gains came after news that U.S. manufacturing grew in September for the first time in four months.