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A solid November job gain of 211,000 showed that despite weak growth overseas and struggling US factories, the USA economy appears healthy enough to withstand a Fed hike from record-low rates later this month. Labor officials also said that after revising data for October and...

The interest rate now stands at the historic low of 0.5%, a level it has been at for over six years, and any increase would be passed on to borrowers, from those with mortgages to those with credit cards.

The move comes after a Bloomberg news story that it’s CEO Martin Shkreli was arrested in a a securities fraud investigation. Prosecutors reportedly allege that he illegally took stock from Retrophin Inc. and used it to pay off other, unrelated dealings.

China Postal Airlines has signed with Boeing for 10 737-800 Boeing Converted Freighters, although the programme has yet to be launched. She said the 737s China Postal is purchasing were passenger airplanes.

It would be included as a provision in the year-end tax and spending bill now before Congress. Louisiana Congressman Steve Scalise is pushing for the change.

The California proposal issued by an administrative law judge at the California Public Utilities Commission on Tuesday offers rooftop solar installers “very significant positives that should secure profitable growth for the industry after 2016”, Patrick Jobin, an...

The consortium consists of Alten Renewable Energy Developments Africa, B.V., Green Continent Partners Holding B.V. and Nemoante Ltd, The project is expected to reach financial close by the fourth quarter of 2016.

LONDON, Dec 17 (Reuters) – AstraZeneca is to buy 55 percent of privately held biotech firm Acerta Pharma for $4 billion to give it access to a new kind of blood cancer drug, boosting its long-term growth at the cost of a near-term hit to earnings.

Adding to the bearish global picture, OPEC producers see scant chance of a significant rise in oil prices in 2016 as extra Iranian production could add to the glut and the prospect of voluntary output restraint remains remote.

The apex courtroom additionally ordered that each one business automobiles, together with trucks, which aren’t Delhi-sure, won’t be allowed to enter the national capital by means of entry factors NH-8 and NH-1. Other laws include all taxis plying in the National...

The move by the Fed’s Open Market Committee to lift its key rate by a quarter-point – to a range of 0.25 percent to 0.5 percent – is the first increase since the panel pushed the key rate to 5.25 percent on June 29, 2006.

But tucked among many other provisions of the $1.1 trillion omnibus bill are items that deal with policy instead of the budget, and one of them is the repeal of the ban on oil exports.

A statement by the alliance member states said the said countries had made a decision to form a military alliance under the leadership of the Kingdom of Saudi Arabia to fight terrorism. The United Arab Emirates said two weeks ago that it is ready to commit ground troops against...

The Fed announced Wednesday its first interest rate increase in more than nine years in a landmark move signaling the U.S. has finally moved beyond the 2008 crisis.

Argentina said on Wednesday it was lifting its currency controls and would allow the peso to float when markets open, setting the stage for a sharp devaluation, following vows by new President Mauricio Macri for reforms to spur economic growth.