Russian Economy Stalls Russia’s economy—battered by Western sanctions and falling prices for oil, its main export—stalled in September even as inflation hit the highest levels in months, data showed Wednesday.
Global Growth Woes Threaten to Beset U.S. Economy Another bout of weakening global growth is buffeting a U.S. economy that has faced five years of uneven growth, raising a crucial question: Can the U.S. pull the rest of the world through a slow patch or will sluggish global growth hobble the recovery?
China Growth Slowest in Five Years China’s economy grew at its slowest pace for five years in the third quarter, suggesting the government’s targeted easing measures to boost economic growth haven’t yielded expected results.
U.S. to Expand Student Loan Access The federal government will expand access to student loans to more Americans with poor credit histories under new rules to be announced by the Obama administration Wednesday.
US Business News
Tesco Chairman to Step Down Tesco said Chairman Richard Broadbent would step down as it revealed the accounting practices that led to an overstatement of its profit had occurred in prior periods as well.
Rio's CEO, CFO Terms Extended Rio Tinto PLC extended the tenure of chief executive Sam Walsh, rewarding him for restoring capital discipline to the iron-ore miner after a run of hefty write-downs from soured acquisitions.
Air Bag Recalls Trigger New Scrutiny A suddenly expanded recall of air bags is turning into a new safety crisis for the auto industry and intensifying scrutiny of U.S. regulators’ ability to oversee auto makers and their suppliers.
Clouds Darken for Blue Chips Blue-chip companies are posting poor growth as their once-reliable formulas for success left them too big to switch tack quickly when market conditions changed.
Free Shipping Is Going to Cost You More Retailers including Amazon, Best Buy and Gap are boosting the amount online shoppers must spend to qualify for free shipping, hoping to cover the growing cost of providing the perk.
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