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Economy

Traders work on the floor of the New York Stock Exchange
(Photo by Allison Joyce/Getty Images)

US Futures Up with EU Bailout Fund Hurdle Cleared

Dow Jones industrial futures are up 38 points to 13,331. The broader S&P futures have gained 5.2 points to 1,435.80. Nasdaq futures tacked on 13 points to 2,792.25.

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U.S. Speaker of the House Rep. John Boehner (R-OH)
(Photo by Mark Wilson/Getty Images)

House Speaker John Boehner Expresses No Confidence on Budget Deal

Moody's Investors Service said Tuesday that it would likely cut its "AAA" rating on U.S. government debt, probably by one notch, if budget negotiations fail.

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Traders work on the floor of the New York Stock Exchange
Andrew Burton/Getty Images

US Stocks Open Higher Ahead of Fed Meeting

Stocks are opening slightly higher on Wall Street. Investors are waiting to see how critical developments in both the U.S. and Europe turn out later this week.

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A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Prices Fall on Sour Economic News from China

The price of oil is falling on an unexpectedly weak economic report from China and warnings of a further slowdown. Benchmark crude is down 53 cents to $95.87 Monday morning.

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Money (FILE)
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White House Adviser: Signs of Economic Improvement

In a statement, Alan Krueger notes that 103,000 jobs were added in the private sector in the last month for the 30th straight month. He pointed to improvement in particular for the leisure, business services and health care sectors.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

Average on 30-year US Mortgage Slips to 3.55 Pct.

Average U.S. rates on fixed mortgages changed little this week and remained slightly above record lows reached earlier this year. The low rates have aided a modest housing recovery.

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Mount Rushmore, South Dakota
Ed Menard Ranger/National Park Service

Millions Visit SD During Busy Summer Season

The South Dakota Department of Tourism says visitor numbers to the state's private and public attractions are up this summer compared to last summer.

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Construction Workers
Clipart

US Productivity Grew at 2.2 Pct. Rate in Spring

U.S. companies got more output from their workers this spring than initially thought. The modest gain may mean that hiring could stay sluggish this year.

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Category: US/World Tags: ,
Workers prepare to load a FedEx airplane
Scott Olson/Getty Images

US Stock Futures Down After FedEx Profit Warning

U.S. stock market futures are slipping after FedEx Corp. cut its profit outlook for the quarter ended last week, while the world waits for the latest move to stem Europe's debt crisis.

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Category: US/World Tags: , ,
A General Motors' workers wait to assemble 2012 Cadillac
Bill Pugliano/Getty Images

Survey: US Manufacturing, Construction Shrink

U.S. factory activity shrank for the third straight month in August as new orders, production and employment all fell. The report adds to other signs that manufacturing is slowing.

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