- US stocks slide following late slump in oil prices Updated: May-31-16 3:46 pm
NEW YORK - U.S. stock indexes are falling Tuesday afternoon and energy companies are sliding with the price of oil. Makers of household products are trading lower following mixed reports about consumer behavior in the U.S.
- US consumer spending scores biggest jump in 6 years Updated: May-31-16 11:37 am
WASHINGTON - Consumer spending surged in April by the largest amount in more than six years, led by a big jump in purchases of autos and other durable goods.
- Abe weathers no-confidence motion over faltering economy Updated: May-31-16 7:17 am
TOKYO - Prime Minister Shinzo Abe easily weathered a no-confidence motion Tuesday submitted by opposition parties, as his allies agreed on postponing a sales tax hike to avoid further shocks to the stuttering economic recovery.
- US economy showing signs of life after slow start to year Updated: May-27-16 5:19 pm
WASHINGTON - The U.S. economy is showing signs of more life after a less-than-stellar start to the year.