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The latest batch of economic indicators released on Thursday is likely to bolster concerns that the U.S. economy is in jeopardy of succumbing to yet another spring slowdown.While it's too early to jump to any definitive conclusions, the four reports all came in softer than economists had projected, revealing a tumble in U.S. housing starts, an energy-fueled drop in consumer prices, an unexpected contraction in regional manufacturing activity and a surprise jump in jobless claims."All of the data on the economic side underscore that it's a challenging time for the economy right now. We've definitely seen a loss of momentum in the spring," said Michelle Girard, senior economist at RBS (NYSE:RBS).But other economists expressed skepticism, especially given volatility in the data and expectations for a far gloomier 2013 due to the fiscal cliff and sequestration."I wouldn't make too much of it. The economy seems to be doing, on balance, better in the second quarter than people would have tho...
Kevin Baillie, co-founder of a visual effects company that works on major motion pictures, had never been in a car like his new Tesla Model S electric sedan, but som...
When Nelson Craveiro lost his minimum wage job selling soft drinks last October due to Portugal's raging economic crisis, he dared not imagine that his fluent German...
Consumer Reports magazine awarded a near-perfect score to Tesla Motors Co's Model S, citing the electric car's power, "pinpoint" handling and quiet, well-crafted int...
Tesla Motors Inc reported its first-ever profit that trounced Wall Street estimates on Wednesday and forecast global demand for its Model S electric car could surpas...
General Electric Co said on Monday the renewal of the U.S. production tax credit has helped it sell wind turbines with 1 gigawatt of generating power since January.T...
The government of Norway said Sunday it would increase taxes on oil companies and multinationals to finance tax relief to its struggling mainland industry, but the o...
By Sherman LeeEntering into the new year, market turbulence and fiscal cliff fears subsided as Senate Democrats and Republicans reached a deal to extend most of the ...
Tesla Motors Inc, the automaker led by billionaire Elon Musk, overhauled financing strategy for the Model S electric sedan in response to criticism that its initial ...
A group of U.S. small businesses and self-employed say the IRS is illegally implementing ObamaCare – and it’s putting them out of business.
U.S. employment growth likely picked up in April, but probably not by enough to counter other signs that suggest the economy has lost a step in recent weeks.Nonfarm ...
European Union antitrust authorities Thursday said they have reopened an inquiry into large-scale corporate tax relief that France gave to giant utility Electricite ...
By using proceeds from its monumental $17 billion bond issue this week to pay shareholders instead of dipping into its $100 billion in cash overseas, Apple Inc (NASD...
Rooftop solar installer SolarCity Corp on Thursday said Goldman Sachs Group Inc would finance more than $500 million of its solar power projects.The funding for U.S....
Costumers already notice lower prices, says Abras-Drop in inflation readings still incremental-Inflation tamed with tax cuts and strong harvestBRASILIA--Brazilian fo...
Singapore Telecommunications Ltd. (Z74.SG) plans to spend US$1.6 billion in three years to acquire companies specializing in digital advertising, content and enterta...
Singapore Telecommunications Ltd. (Z74.SG, SGAPY) on Wednesday said its fiscal fourth-quarter net profit declined 32.6% because it booked a loss on the sale of its e...
German logistics and mailing company Deutsche Post AG (DPW.XE) said Tuesday earnings were up in the first quarter of the year, driven by higher volume and revenue in...
President Obama is pushing Congress to give more homeowners the chance to refinance their current mortgages to help maintain the housing market recovery. In his week...
When you are self-employed, regardless of your entity structure, you must give heed to succession issues. Hiring your children, no matter their age, is a first step in determining whether or not the child is willing or suitable to carry on the family business.