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US Economy

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  • Sept 22- Home cleaning products maker Clorox Co said it was discontinuing operations in Venezuela as the business was no longer viable and that it was looking to sell its assets there. Venezuela devalued its currency bolivar last year, which forced a number of consumer goods companies such as Colgate-Palmolive Co and Avon Products Inc to slash product prices.

  • Business activity decelerates in August: Chicago Fed Monday, 22 Sep 2014 | 8:33 AM ET
    A worker prepares parts to be assembled for industrial coffee grinding equipment at the Modern Process Equipment manufacturing facility in Chicago.

    U.S. economic activity slowed in August, a closely watched gauge issued by the Chicago Federal Reserve said on Monday.

  • Resilient Americans still believe in Main Street Monday, 22 Sep 2014 | 12:03 AM ET

    Few small businesses think now is the time to expand, and hiring is essentially flat. But wait—there may be a silver lining.

  • BEIJING, Sept 21- China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday, in remarks that came days after many economists lowered growth forecasts having seen the latest set of weak data.

  • BEIJING, Sept 21- China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday. Lou made the remarks at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from the People's Bank of China, China's central bank.

  • Manufacturing in Ohio seeing slow, steady growth Saturday, 20 Sep 2014 | 5:42 PM ET

    While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.

  • Singles are bad news for Social Security coffers Saturday, 20 Sep 2014 | 3:00 PM ET

    Most American adults are single. That's bad news for Social Security but potentially good news for welfare programs.

  • Lawmakers wary of university budget proposal Saturday, 20 Sep 2014 | 11:21 AM ET

    CONCORD, N.H.— While some New Hampshire lawmakers like the idea freezing in-state tuition at public colleges for another two years, they aren't ready to increase funding for the university system by 34 percent.

  • Figures on government spending and debt Friday, 19 Sep 2014 | 5:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Greece: New bailout 'out of the question' Friday, 19 Sep 2014 | 3:43 PM ET

    ATHENS, Greece— Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.

  • As Alibaba debuts, Jack Ma nods to the little guy Friday, 19 Sep 2014 | 2:35 PM ET
    The words 'Made in USA' are displayed on the label on a pair of denim jeans.

    As Alibaba began trading on the NYSE Friday, founder of the e-commerce giant Jack Ma acknowledged the company's commitment to smaller merchants in a CNBC interview.

  • Layoffs postponed for Ohio uranium plant cleanup Friday, 19 Sep 2014 | 1:48 PM ET

    COLUMBUS, Ohio— A funding measure approved this week by Congress would at least postpone hundreds of layoffs for workers handling decontamination and decommissioning of a Cold War-era uranium plant in southern Ohio. It included $13.7 million to continue cleanup of the former Portsmouth Gaseous Diffusion Plant in Piketon until December, Republican Sen.

  • *Lender to halt a 67 million euro tranche for Bosnia. SARAJEVO, Sept 19- The International Monetary Fund will hold off on disbursing the next tranche of Bosnia's aid programme until the Balkan country implements agreed economic policies, most likely after the October election, a senior IMF official said on Friday.

  • An essential guide to the midterm elections Friday, 19 Sep 2014 | 7:29 AM ET
    Speaker of the House John Boehner and President Barack Obama.

    America's permanent partisan war for now shifts exclusively to the campaign trail. Here's what you need to pay attention to.

  • Spending bill leaves out immigration courts Friday, 19 Sep 2014 | 7:17 AM ET

    WASHINGTON— Congress' must-pass budget bill ignores the Obama administration's request to accelerate spending on immigration courts to handle the flood of unaccompanied minors at the border— even as it boosts spending flexibility for Border Patrol agents and detention centers.

  • Cuomo: Use surplus to spur municipal consolidation Friday, 19 Sep 2014 | 3:10 AM ET

    BOLTON LANDING, N.Y.— New York should use nearly half of its more than $4 billion budget surplus to spur upstate economic development and encourage local governments to consolidate and share their services, Gov.

  • CAIRNS, Australia, Sept 19- U.S. Treasury Secretary Jack Lew said he told Japanese Finance Minister Taro Aso that Japan must remain committed to calibrating all three arrows of its economic policy to sustain healthy domestic growth.

  • GE: Optimistic about growth in the US, China     Thursday, 18 Sep 2014 | 8:12 PM ET

    John Rice, Vice Chairman of General Electric, expects the U.S. recovery to fuel global demand for infrastructure. He is also confident that China can achieve 7.5 percent growth this year.

  • Figures on government spending and debt Thursday, 18 Sep 2014 | 5:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Citi appeals Argentine bond payment ruling Thursday, 18 Sep 2014 | 4:15 PM ET

    Citi argued it faces "a serious and imminent hazard" if it cannot process another interest payment by Argentina on $8.4 billion in bonds the country issued.

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