Recent Business News
MALABO - On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction.
PARIS - Severe winter weather likely affected U.S. jobs growth in February, a top Federal Reserve official said on Monday, the latest U.S. central banker to suggest a bit of weakness in the labor market is only temporary.
- American Airlines and JetBlue Airways said they plan to end agreements covering ticketing, baggage handling and frequent flyer programs.
OSLO - Norwegian Air was expected to have four Boeing 787 Dreamliners delivered this spring but delivery may now be delayed for a few weeks after Boeing reported finding some wing cracks, daily newspaper Aftenposten said on Monday.
The FT's Michael Mackenzie reports that the amount of money borrowed on margin to buy stocks on the NYSE hit a new, nominal high of $451 billion. That's up 20% over last year, Mackenzie reports.
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves
- Is the US labor market doing better than we think?
- US sees moderate manufacturing growth in January