U.S. job growth cools, unemployment rate rises

WASHINGTON - U.S. job growth slowed a bit in July and the unemployment rate unexpectedly rose, pointing to slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. | Video

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U.S. auto sales fall short of expectations in July

DETROIT - Ford Motor Co and Toyota Motor Corp posted stronger-than-expected growth in U.S. auto sales in July but most manufacturers on Friday reported gains below expectations as several months of strong demand pushed optimism too high. | Video

5:15pm EDT

Jobs data bolsters Yellen's argument on labor market slack

WASHINGTON - The U.S. Federal Reserve has made a big bet that recovery of the labor market is a long way from creating a worrisome surge of inflation. A range of economic data on Friday suggested the Fed has been reading the odds well.

12:17pm EDT

Airbus, Boeing wide-body jet battle triggers warnings of oversupply

PARIS - Airbus's summer sales campaign with the new A330neo airliner has triggered warnings of potential oversupply in the wide-body market and of a bruising price battle as the older-generation model undercuts rival Boeing's 787 Dreamliner.

3:17pm EDT

Allergan sues Valeant, Ackman for alleged insider trading

- Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating securities laws by using insider information as they prepared a takeover bid for the drug company.

5:19pm EDT

Consumer sentiment dips in July

NEW YORK - U.S. consumer sentiment edged down in July, while an index of consumer expectations weakened for a third straight month, a survey released on Friday showed.

10:21am EDT


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