Economy

Policy: Economy

Contrarian's case: Why US could dip into recession

By BERNARD CONDON | 07/22/14 05:58 PM

NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down. Employers in the U.S. are creating jobs at the fastest pace since the late 1990s and the economy finally looks ready to expand at a healthy rate. But sluggish growth in France, Italy,...
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SEC poised to end $1 a share for some money funds

07/23/14 11:40 AM

WASHINGTON (AP) — Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is to minimize the risk of a mass withdrawal from the...
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Delta 2Q profit rises 17 percent

07/23/14 08:49 AM

ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Wednesday reported earnings that climbed by 17 percent in its second quarter, and topped analysts' expectations. The Atlanta-based company said net income increased to $801 million, or 94 cents per share, from $685 million, or 80 cents per share,...
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