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In a speech Monday he said there should be a “serious discussion of a policy rate increase” when the Fed meets next week. “In Shanghai last week one Fed governor said ‘we must raise rates, ‘ another Fed president said ‘no this is the wrong...

The industrial sector measured by the US central bank comprises manufacturing, mining, and electric and gas utilities.

Many shops, commercial establishments and offices remained closed, as did numerous eateries and hotels.

Fiat Chrysler’s US unit FCA US recalled 1.9 million cars Thursday for a problem that could prevent the airbags from deploying, a defect tied to at least three deaths. It includes models sold between 2010 and 2014. If they fail to work as designed, the air bags might not...

The hold on interest rates was widely anticipated however a further cut is expected by November.

USA crude oil futures settled up 33 cents at $43.91 a barrel.

One thing that won’t be free with your new iPhone is Apple’s new AirPods, the tech giant’s wireless earphones product that is only compatible with its latest smartphone. Susan Prescott, vice president of worldwide apps marketing, demonstrated the new...

“Growth of oil price up to $50 per barrel triggered the growth of hedging activity among oil producers”, he said. “The end of the USA driving season and the prospect of building inventories create downward risk for the oil price and may see further pressure on...

“The combination of Enbridge and Spectra Energy creates what we believe will be the best, most diversified energy infrastructure company in North America, if not the world”, Spectra President and CEO Greg Ebel said in a statement.

Golfsmith International Inc. filed for chapter 11 bankruptcy protection Wednesday after negotiating a restructuring plan that calls for store closures in the US and the sale of its Canadian retail chain. The retailer said it would try to sell part of the chain as a going concern...

The White Sox, who used an Abreu RBI groundout in the first inning to take 1-0 lead, drew even with an Omar Narvaez sacrifice fly in the second inning and an Abreu RBI double in the third.

The official poverty rate fell from 14.8 percent in 2014 to 13.4 percent last year, the largest one-year drop since 1968.

Richemont expects a 45 percent drop in first-half operating profit, while Hermes abandoned its mid-term target for eight percent growth in annual sales.

Ms Cullen told reporters after the end of the disciplinary hearing that it had been upsetting and stressful for Ms Cafferkey, who would now continue with her nursing career in Scotland.

The ECB’s stance wasn’t entirely unexpected given the relative strength of recent economic data. Oil production and drilling companies bucked the trend, getting a lift from a sharp increase in crude oil prices. “It was a disappointment for the market that more...