US Economy


  • Midwest business activity slows in September Tuesday, 30 Sep 2014 | 9:45 AM ET
    A worker prepares parts to be assembled for industrial coffee grinding equipment at the Modern Process Equipment manufacturing facility in Chicago.

    A closely watched barometer of business conditions in the Midwest dipped in September.

  • Recessions can postpone motherhood forever: Study Tuesday, 30 Sep 2014 | 7:22 AM ET

    A massive new study suggests that for some U.S. women, living through a recession can mean they will never have children.

  • *Monthly headline rate down to 0.3 percent year-on-year. BRUSSELS, Sept 30- Euro zone inflation slowed further in September on falling prices of unprocessed food and energy, a first estimate showed on Tuesday, sending the euro lower against the dollar on expectations of further European Central Bank policy easing.

  • EU says Apple gets illegal tax benefits in Ireland Tuesday, 30 Sep 2014 | 6:13 AM ET

    BRUSSELS— Apple risks having to repay Ireland tax rebates worth billions of dollars after the European Union's competition watchdog said Tuesday the company appears to be benefiting from illegal tax deals there.

  • US stocks meander in afternoon trading Tuesday, 30 Sep 2014 | 4:20 AM ET

    NEW YORK— The stock market flipped between slight gains and losses on Tuesday, keeping the Standard& Poor's 500 index on course for its third monthly drop this year. Ford Motor sank after cutting its profit forecast, while eBay jumped after announcing plans to spin off PayPal.

  • DIARY - Top Economic Events to Oct 13 Monday, 29 Sep 2014 | 8:01 PM ET

    LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.

  • James Lowell, CIO of Adviser Investments, says the U.S. economy is on track for a "moderately faster pace of growth" over the next 12 to 18 months.

  • Rates mixed at weekly US Treasury bill auction Monday, 29 Sep 2014 | 4:39 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, up from 0.010 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.040 percent, the same as last week. For a $10,000 bill, the three-month price was $9,999.62, while a six-month bill sold for $9,997.98.

  • Pence team begins making case for tax overhaul Monday, 29 Sep 2014 | 4:34 PM ET

    Mike Pence's administration began making the case Monday for possible changes in the state's tax structure. Department of Revenue Commissioner Mike Alley presented a summary of Pence's tax conference held earlier this year to members of a legislative tax study committee.

  • Figures on government spending and debt Monday, 29 Sep 2014 | 4:27 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Fed report: IRS bungles hunt for unpaid taxes Monday, 29 Sep 2014 | 3:13 PM ET

    WASHINGTON— The IRS failed to take all required steps for collecting unpaid taxes from people it can't locate in over half the cases that investigators studied, potentially costing the government a pile of lost revenue, according to a federal report released Monday.

  • Watch Art Cashin: Lot of background nervousness Monday, 29 Sep 2014 | 3:12 PM ET
    Art Cashin

    Art Cashin of UBS Financial Services says geopolitical concerns have markets on edge. Brazil's upcoming elections weigh.

  • GOP opposition to school funding bill irks Manar Monday, 29 Sep 2014 | 2:22 PM ET

    SPRINGFIELD, Ill.— Illinois House Republicans, fearing that majority Democrats could take money away from their suburban Chicago school districts in a postelection vote, have thrown up prominent if symbolic opposition on Senate- approved legislation to overhaul state funding for public education. The Bunker Hill Democrat's plan won Senate approval in May.

  • Why Hong Kong unrest scares markets Monday, 29 Sep 2014 | 2:17 PM ET
    A protester raises his umbrellas in front of tear gas which was fired by riot police to disperse protesters in Hong Kong, September 28, 2014.

    Unrest in Hong Kong is spooking markets for fear it could escalate, challenging Beijing to make a measured political response.

  • Utah collects about $1B in tourism tax revenue Monday, 29 Sep 2014 | 1:45 PM ET

    SALT LAKE CITY— Utah's reputation as a mecca for outdoor recreation helped to deliver more than $1 billion in tourist-generated tax revenue last year, according to the state tourism director. "It's like Utah is being discovered."

  • Civeo plans move to Canada, gives shaky forecast Monday, 29 Sep 2014 | 1:12 PM ET

    NEW YORK— Work force accommodations company Civeo said Monday that it will reincorporate in Canada to lower its tax payments and improve its financial flexibility. Civeo was spun off from Oil States International Inc. earlier this year, and was conducting a review of its options.

  • AP: Mayor nixes tax break to save Taj Mahal casino Monday, 29 Sep 2014 | 12:36 PM ET

    ATLANTIC CITY, New Jersey— Billionaire Carl Icahn is considering spending $100 million to save the Trump Taj Mahal casino from closing.

  • WASHINGTON, Sept 29- One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government's rescue of American International Group Inc was, in fact, legal.

  • Report: Gambling industry paid out $38B in taxes Monday, 29 Sep 2014 | 12:19 PM ET

    LAS VEGAS— The gambling industry nationwide paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013, according to a report from the American Gaming Association. The Associated Press obtained a copy of the report's tax revenue figures before its release Tuesday.

  • LONDON, Sept 29- Greek government bond yields rose to their highest in almost two months on Monday as Athens' plans for an early exit from a bailout programme raised concerns about future financing and debt relief.

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