| Sep 17, 2013
| 7:00 AM
WASHINGTON -- As the nation fast approaches its debt limit, Treasury Secretary Jacob J. Lew on Tuesday issued his strongest warning yet to Congress about the economic consequences of waiting until just before the deadline to pass an increase.
| Oct 18, 2013
| 7:05 AM
WASHINGTON -- The flow of federal economic data is set to resume next week, highlighted by the release of the delayed September jobs report, as federal employees are back at work following the end of the partial government shutdown.
But it could take...
| Sep 16, 2013
| 10:59 PM
Temperatures are beachside-balmy. Most Americans haven't thought about their Halloween costumes. Parents are still in back-to-school mode.
But retailers already have visions of profit dancing in their heads.
Kmart aired its first holiday ad last week,...
| Sep 13, 2013
| 8:30 AM
WASHINGTON -- Consumer confidence tumbled this month to its lowest level since April amid rising interest rates and sluggish job creation.
The preliminary September consumer sentiment reading Friday from the University of Michigan and Thomson Reuters...
| Oct 17, 2013
| 5:51 PM
WASHINGTON — In the grand scheme of the $16-trillion U.S. economy, the nearly three-week government shutdown and standoff over the debt ceiling may not look like much. Analysts estimate the loss at tens of billions of dollars, and reckon that much...
| Oct 17, 2013
| 9:21 AM
The first government shutdown in nearly 20 years ended late Wednesday after Congress agreed on a deal to fund the government through Jan. 15. and raise the nation's debt limit through Feb. 7. The 16-day ordeal took a toll on the national economy,...
| Oct 11, 2013
| 8:18 AM
WASHINGTON -- Consumer confidence dropped this month to its lowest level since January after the partial federal government shutdown, though the decline wasn't as bad as some had forecast, according to new data released Friday.
The preliminary October...
| Oct 9, 2013
| 8:33 AM
With the federal government now in its second week of the shutdown and legislators at an impasse, Starbucks Corp. is hoping to set an example for Washington by offering free coffee.
Wednesday through Friday, the Seattle java chain will give customers...
| Jul 15, 2013
| 8:15 AM
Retail sales were mixed in June, buoyed by strong auto and furniture sales but tamped down by high unemployment and taxes, analysts said.
The overall gauge of sales rose 0.4% from May following a revised 0.5% increase the previous month, according to...
| Aug 30, 2013
| 7:51 AM
WASHINGTON -- Consumers' optimism about the economy unexpectedly dropped this month after hitting a six-year high in July as worries increased about government efforts to boost the economy, according to survey results released Friday by the University...
| Aug 30, 2013
| 8:57 AM
A human rights group on Friday criticized a Dunkin' Donuts advertising campaign running in Thailand that features a model whose face is painted black to sell a chocolate doughnut.
Dunkin' Donuts Thailand recently started running ads for its "Charcoal...