Apr 30, 2015

Industrial output for March dips 0.3%

Factory output fell by a less than expected 0.3 percent in March, preliminary data showed Thursday, but figure was nevertheless weak and underscored the uncertainty of a recovery for the world’s No. 3 economy. The drop in industrial output was caused mainly by sluggish ...

Mar 1, 2015

China's central bank cuts rates again as economy slows

China’s central bank cut interest rates for the second time in three months Saturday, adding to signs the country’s leaders are worried the economic slowdown is deepening too sharply. The People’s Bank of China announced a rate cut on one-year loans by commercial banks ...

Feb 25, 2015

U.S. consumer confidence slides after big January gain

U.S. consumers are feeling a bit less confident this month, but their spirits are still at the highest levels since before the Great Recession. The Conference Board reported Tuesday that its consumer confidence index dropped this month to 96.4 from a revised 103.8 in ...

Feb 16, 2015

December industrial output rise revised down to 0.8%

The nation’s industrial output rose a seasonally adjusted 0.8 percent in December from the previous month, revised down from a preliminary 1.0 percent gain, the trade ministry said on Monday. The index of output at factories and mines stood at 98.7 against the base ...

Full text of Obama's State of the Union address

Jan 21, 2015

Full text of Obama's State of the Union address

The full text of President Barack Obama’s State of the Union address Tuesday night, as prepared for delivery and provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen ...