US economy grew at strong 3.2% rate in first quarter, overcoming worries about slow start to year
US economy grew at strong 3.2% rate in first quarter, overcoming worries about slow start to year.
US economic growth rebounds at 3.2 percent pace in first quarter
During the three-month period from January to March, the GDP rose at a 3.1 percent annualized rate.
China's Xi promotes building initiative amid debt worries
President Xi Jinping has promised to promote high financial standards for China's Belt and Road infrastructure-building initiative as Beijing tries to dispel complaints the multibillion-dollar project leaves developing countries with too much debt.
Millennials MIA among U.S. entrepreneur class: Why it really matters
Millennial entrepreneurs have a critical role to play in the long-term health of the U.S. economy. Unfortunately, right now they are MIA.
The Latest: Hammond says Britain a good Belt & Road partner
The Latest on China's Belt and Road infrastructure building conference.
World shares mostly dip on earnings, ahead of US growth data
Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and some other industrial companies.
RBS first-quarter earnings down 12.5% amid Brexit worries
Royal Bank of Scotland says first-quarter earnings fell 12.5% as economic uncertainty linked to Brexit curtailed lending.
Asian shares fall on China stimulus worries, weak earnings
Asian shares were mixed Thursday, with the Shanghai benchmark sharply lower, after U.S. stocks gave back some gains from Tuesday's rally on Wall Street.
Trump administration reevaluating offshore drilling plans
The Trump administration is reevaluating its controversial plan to sharply expand offshore drilling as it responds to a court ruling that blocked drilling off Alaska.
How the major US stock indexes fared Thursday
Major U.S. stock indexes ended mostly lower Thursday, dragged down by losses in several industrial companies.
Southwest CEO 'not happy' about Max crisis but backs Boeing
Southwest Airlines' first quarter performance managed to beat Wall Street's view, even as the airline said it came under pressure due to thousands of flight cancellations related to Boeing's 737 Max 8.
Ford posts better than expected results in 1Q
Ford earnings fell in the first quarter, but the automaker's shares rallied in extended trading as Ford said a restructuring is starting to take hold.
Business Highlights
___ Walmart experiments with AI to monitor stores in real time LEVITTOWN, N.Y.
Video game effort could help regulate future drone traffic
Drones ferrying medical supplies, packages and even pizza could one day be crisscrossing the skies above U.S. cities, and a team at the University of Utah is working with regulators to keep that future traffic in check using a video game.
US stocks end mostly lower, weighed down by industrials
Disappointingly weak earnings reports from 3M and other industrial companies kept U.S. stock indexes in check on Thursday, blotting out a set of blowout results from big-name tech companies.
Markets Right Now: 3M leads declines in industrial stocks
The latest on developments in financial markets (all times local): 9:35 a.m.
The Latest: Protesters unimpressed by Macron's proposals
The Latest on French President Emmanuel Macron's solutions to quell the economic anger of yellow vest protests(all times local): 6:50 p.m. French President Emmanuel Macron has pledged to cut income taxes for middle-class workers.
Japan's Abe talks trade with EU chiefs ahead of US visit
Japanese Prime Minister Shinzo Abe and top European Union officials are discussing trade, bilateral ties and North Korea, on the latest leg of Abe's international tour to prepare for the G-20 summit in June.
CVS moves into dental care with teeth-straightening service
CVS Health is venturing into dental care with plans to offer a relatively new teeth-straightening service.
Alibaba marketplace stays on US government piracy blacklist
Chinese e-commerce giant Alibaba Group remains on the U.S. government's annual list of "notorious markets" that peddle counterfeit products.














