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  • US factory orders edge up 0.4 percent in July Wednesday, 2 Sep 2015 | 10:01 AM ET

    WASHINGTON— Orders to U.S. factories posted a modest gain in July, helped by the biggest rise in motor vehicles orders in a year and a solid gain in a category that tracks business investment plans. Factory orders rose 0.4 percent in July, the Commerce Department reported Wednesday. U.S. manufacturers must contend with a number of headwinds including a sharp...

  • Survey: US businesses hired at steady pace in August Wednesday, 2 Sep 2015 | 8:34 AM ET

    WASHINGTON— U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found. Payroll processor ADP said Wednesday that businesses added 190,000 jobs last month, up from 177,000 in July, but below a six-month high in June of 231,000.. The figures suggest that turmoil in the financial markets...

  • WASHINGTON— US productivity advances at 3.3 percent rate in spring, best showing since late 2013..

  • WASHINGTON— U.S. productivity in the spring rose at the fastest pace since late 2013, while labor costs declined. Worker productivity increased at an annual rate of 3.3 percent in the April-June quarter, the Labor Department reported Wednesday. Productivity growth remains low, "said Patrick Newport, an economist at IHS Global Insight.

  • Ahead of the Bell: US productivity Wednesday, 2 Sep 2015 | 6:58 AM ET

    WASHINGTON— The Labor Department reports on productivity for the April-June quarter at 8:30 a.m. Eastern Wednesday. PRODUCTIVITY UP: Economists expect an annual growth of 2.8 percent in the second quarter, according to a survey by the data firm FactSet. SLOWER PRODUCTIVITY: A month ago, the government reported that productivity grew at an annual are of 1.3...

  • Ahead of the Bell: US factory orders Wednesday, 2 Sep 2015 | 6:51 AM ET

    WASHINGTON— The Commerce Department will release its report on July orders to U.S. factories at 10 a.m. Eastern Wednesday. U.S. manufacturers must contend with a number of headwinds including a sharp slowdown in growth in China, a strong dollar and falling oil prices. On Tuesday, the Institute for Supply Management reported that its manufacturing index slid to...

  • DIARY- Top Economic Events to Sept 14 Tuesday, 1 Sep 2015 | 8:01 PM ET

    STOCKHOLM- Swedish Central Bank holds monetary policy meeting. Speakers:- International Monetary Fund Managing Director Christine Lagarde, Reserve Bank of India Deputy Governor Urjit Patel, Bank of Japan Deputy Governor Hiroshi Nakaso, Indonesia Finance Minister Bambang Brodjonegoro and IMF Monetary and Capital Markets Department Division Chief Ulric...

  • WASHINGTON, Sept 1- Senate Majority Leader Mitch McConnell undercut threats by fellow Republicans to hold the budget process hostage in an effort to defund Planned Parenthood, saying conservatives do not have enough support in Congress to cut off the group, which is under fire from abortion opponents. Republicans have threatened to push for cutting off the...

  • Figures on government spending and debt Tuesday, 1 Sep 2015 | 4:46 PM ET

    WASHINGTON— Figures on government spending and debt.

  • *Manufacturing expansion slowest since May 2013. WASHINGTON, Sept 1- U.S. factory activity braked to a more than two-year low in August, but sturdy gains in automobile sales and construction spending suggested the economy remained on solid footing. "It suggests that the recent eruption in uncertainty towards Chinese and global growth is beginning to affect U.S....

  • A Senate panel passed such a measure before Congress adjourned for its August recess. The report from the U.S. Energy Information Administration examined an array of scenarios and includes numerous caveats, but contained this bottom line: "Petroleum product prices in the United States, including gasoline prices, would be either unchanged or slightly reduced...

  • WASHINGTON— The last major piece of President Barack Obama's health care law could raise costs for thrifty consumers as well as large corporations and union members when it takes effect in 2018.. The so-called Cadillac tax was meant to discourage extravagant coverage. Critics say it's a tax on essentials, not luxuries.

  • JERUSALEM— Egypt's new natural gas bonanza is causing an uproar in Israel, with energy stocks plummeting and recriminations over indecisiveness and infighting that have delayed production from the country's own gas fields. The government is currently struggling to get parliament to approve its natural gas business plan, but observers fear Israel may need...

  • Business events scheduled for Wednesday Tuesday, 1 Sep 2015 | 1:33 PM ET

    WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.. WASHINGTON— Federal Reserve releases Beige Book, 2 p.m..

  • *Manufacturing expansion slowest since May 2013. WASHINGTON, Sept 1- U.S. factory activity braked to a more than two-year low in August, but sturdy gains in automobile sales and construction spending suggested the economy remained on solid footing. "It suggests that the recent eruption in uncertainty towards Chinese and global growth is beginning to affect U.S....

  • 7-Eleven expands deliveries, but Slurpees not included Tuesday, 1 Sep 2015 | 12:26 PM ET

    Customers in Chicago, Los Angeles and parts of New York can order other items from the convenience store chain, including chicken wings, cold medicine and paper towels. Stores in Washington D.C. and Boston will offer delivery in the coming months, the companies said, and more cities are planned. McDonald's, Chipotle and Starbucks are working with delivery company...

  • In the first step of Obama's new timetable, the government would buy a heavy icebreaker by 2020 instead of the previous goal of 2022. The United States used to have seven icebreakers, but the fleet has dwindled to three creaky vessels, only one of which is a heavy-duty vessel, the White House said. "Russia, on the other hand, has 40 icebreakers and another 11 planned or...

  • TORONTO— Canada has fallen into a recession, dragged down by falling energy prices and economic troubles in China. Canada is the world's 11th- biggest economy and the United States' biggest trading partner. Harper, campaigning for a fourth term on a record of economic growth, refused Tuesday to recognize that Canada is in a recession.

  • Hotels should also be required to include any mandatory fees in their room rates, the Transportation Department's Advisory Committee for Aviation Consumer Protections recommended. The panel's recommendation on hotels was directed to the Federal Trade Commission, which has been investigating such so called drip pricing. The Transportation Department...

  • WASHINGTON, Sept 1- Senate Majority Leader Mitch McConnell undercut threats by fellow Republicans to hold the budget process hostage in an effort to defund Planned Parenthood, saying conservatives do not have enough support in Congress to cut off the group now under fire from abortion opponents. Some Republicans have threatened to push for cutting off the...