Investment December 20, 2015 Obama: US companies to invest $14B in Africa The Obama administration on Tuesday announced $14 billion in commitments from U.S. businesses to invest in Africa, as representatives from nearly 100 American and African companies gathered in Washington to discuss ways to boost economic partnerships.
Investment December 20, 2015 Obama hosts CEOs whose firms are investing in US It's the yin and the yang of the U.S. corporate climate.
Investment December 20, 2015 Seattle's $3.1B roadway project hampered by cost concerns, delays For a multibillion-dollar public-works project called the Alaskan Way Viaduct Replacement, this city brought in a digging machine touted as the largest deployed anywhere: a 7,000-ton behemoth nicknamed "Bertha."
Federal Reserve December 14, 2015 Will interest rates go up? Five things to expect Raising the banks’ overnight borrowing rate—held near zero since the depths of the financial crisis in 2008—has the potential to push up the cost of mortgages, slow jobs creation and curb stock prices but not always.
Investment December 1, 2015 Stocks rise after Federal Reserve Chairman's stimulus comments Stocks are moving higher Wednesday after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its economic stimulus programs. Investors were also encouraged by news that sales of previously-occupied U.S. homes rose last month to the highest level in three and a half years.
Investment December 1, 2015 Ex-Bernie Madoff employees convicted in Ponzi scheme's first trial Five former employees of imprisoned financier Bernard Madoff were convicted of conspiracy Monday to cap a six-month trial in which they were accused of enriching themselves while telling an elaborate web of lies to hide a fraud that cheated investors of billions of dollars.
Investment December 1, 2015 Fed considered slowing pace of bond purchases Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June -- if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.
Investment November 29, 2015 Florida cattle ranchers seek locally grown label Under the "Fresh From Florida" marketing campaign offered by the state's agriculture officials to stores and consumers, people are encouraged to buy things that are grown and raised in the Sunshine State.
Investment November 29, 2015 California couple finds $10 million in rare coins while out walking dog A Northern California couple out walking their dog on their Gold Country property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.
Investment November 29, 2015 Texas ranchers hit hard by drought eye rebuilding Texas, the nation's top cattle-producing state, lost 15 percent of its animals during a two-year drought as ranchers sold them to out-of-state buyers or sent them to slaughter. That dropped the size of the United States' overall herd to its lowest since the 1950s.
Investment November 28, 2015 Vegas developer selling $7.85M mansion for bitcoin A casino owner-turned-commercial developer is asking $7.85 million to sell a Las Vegas home, and he's willing to accept the online currency bitcoin for the deal.