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US Economy

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  • Europe confronts impact of its policies as economic recovery fades Alibaba IPO comes with unusual business structure that is price of admittance to China growth With Wall Street closed for Labor Day, markets around the world drift China manufacturing growth slowed in August on sluggish global demand for exports Euro slips to near 1- year dollar low amid ongoing economic weakness and Ukraine uncertainties New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors

  • The truth about this week’s biggest market mover Monday, 1 Sep 2014 | 5:00 PM ET
    Trader on the floor of the New York Stock Exchange.

    Are investors finally ready to hear good news about the economy? Maybe we're about to find out.

  • Breaks sought for proposed biotech office park Monday, 1 Sep 2014 | 1:26 PM ET

    KANSAS CITY, Mo.— Backers of a proposed biotech office park in south Kansas City are preparing to seek tax breaks for the 350- acre project. Whitney Kerr Sr., a longtime Kansas City area broker who worked to assemble the land, said the tax break is needed to bring research firms, clinical trial facilities and similar biotech operations to the site.

  • BERLIN, Sept 1- Germany posted its biggest budget surplus since reunification in the first half of 2014, underscoring the strength of its finances just as it encounters growing pressure to spend more to bolster growth in Europe.

  • Europe confronts impact of its policies as economic recovery fades Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports Euro slips to near 1- year dollar low amid ongoing economic weakness and Ukraine uncertainties New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors

  • Europe confronts impact of its policies as economic recovery fades Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports Euro slips to near 1- year dollar low amid ongoing economic weakness and Ukraine uncertainties New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors

  • Europe confronts impact of its policies as economic recovery fades Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports Euro slips to near 1- year dollar low amid ongoing economic weakness and Ukraine uncertainties New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors

  • Europe confronts impact of its policies as economic recovery fades Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage

  • Austerity debate flares as Europe recovery fades Monday, 1 Sep 2014 | 11:48 AM ET

    FRANKFURT, Germany— Europe's economic recovery is in danger. Europe's lack of growth is looming larger and larger, however, and the ECB says it can't save the economy alone. While unemployment in the United States has fallen to 6.2 percent from 10 percent at its peak in Oct. 2009, Europe's is at 11.5 percent— still near last summer' 12 percent.

  • Europe confronts impact of its policies as economic recovery fades Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage

  • Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports New round of Ukraine talks opens with rebels backing off from full independence $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage Norwegian oil firm Statoil reopens plant in Algeria after 5 workers killed in terror attack

  • Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage Norwegian oil firm Statoil reopens plant in Algeria after 5 workers killed in terror attack Anti-euro party's success in German vote spotlights dilemma for Merkel in handling new rival

  • AP Top Extended Financial Headlines At 11 a.m. EDT Monday, 1 Sep 2014 | 11:01 AM ET

    Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports $2.4 B Revel Casino Hotel begins its shutdown after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage Norwegian oil firm Statoil reopens plant in Algeria after 5 workers killed in terror attack Anti-euro party's success in German vote spotlights dilemma for Merkel in handling new rival

  • Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports $2.4 B Revel Casino Hotel starts shutdown Monday after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage Norwegian oil firm Statoil reopens plant in Algeria after 5 workers killed in terror attack Anti-euro party's success in German vote spotlights dilemma for Merkel in handling new rival

  • Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports $2.4 B Revel Casino Hotel starts shutdown Monday after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage Norwegian oil firm Statoil reopens plant in Algeria after 5 workers killed in terror attack Anti-euro party's success in German vote spotlights dilemma for Merkel in handling new rival

  • Tax inversions are 'shortsighted': Labor secretary Monday, 1 Sep 2014 | 9:00 AM ET
    Secretary of Labor Thomas Perez.

    Secretary of Labor Thomas Perez said he believes corporate inversions are “unfair and shortsighted.”

  • Booming budget surplus raises pressure on Germany Monday, 1 Sep 2014 | 8:50 AM ET

    *Germany achieves H1 budget surplus of 16.1 billion euros. BERLIN, Sept 1- Germany posted its biggest budget surplus since reunification in the first half of 2014, underscoring the strength of its finances at a time it faces growing pressure to loosen the fiscal reins and spend more to bolster growth in Europe.

  • Greece rules out new cuts ahead of bailout talks Monday, 1 Sep 2014 | 8:20 AM ET

    ATHENS, Greece— Greece's government says it won't enact further austerity measures ahead of talks later this week with bailout creditors. Finance Minister Gikas Hardouvelis and four other cabinet ministers are to attend the talks with debt inspectors— the first time they have taken place outside Greece since the country was bailed out in 2010..

  • Alibaba IPO comes with unusual business structure that is price of admittance to China growth Asian stocks gain on stimulus hopes, European markets drift lower China manufacturing growth slowed in August on sluggish global demand for exports $2.4 B Revel Casino Hotel starts shutdown Monday after just over 2 years in Atlantic City Heineken sells Mexican packaging business to Crown for $1.23 billion India Prime Minister Modi wins pledges of support from Japan government, industry Greece rules out new cuts ahead of Paris talks with bailout inspectors Cuba cracks down on multi-billion dollar flow of consumer goods in air passengers' luggage Norwegian oil firm Statoil reopens plant in Algeria after 5 workers killed in terror attack Anti-euro party's success in German vote spotlights dilemma for Merkel in handling new rival

  • BERLIN, Sept 1- Germany posted a budget surplus of 16.1 billion euros in the first half of 2014, highlighting the strength of the country's finances at a time when Berlin faces pressure to loosen the fiscal reins and spend more to boost flagging growth in Europe. The figures could increase pressure on Germany to do more to boost growth in Europe.

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