Business

Business Central bank action alone can't lift gloom over Europe Central bank action alone can't lift gloom over Europe
Europe has gotten another dose of stimulus. But the latest medicine by itself will not bring life to an economy that over the past six years has slid from crisis to crisis.
Business U.S. trade deficit narrows in July U.S. trade deficit narrows in July
The U.S. trade deficit fell in July to its lowest level since January, as exports of autos, telecom equipment, industrial machines and semiconductors rose.
Business Regulators set rules meant to ward off bank crisis Regulators set rules meant to ward off bank crisis
Federal regulators are set to require big banks to keep enough high-quality assets on hand to survive during a severe downturn, the latest move under congressional mandate to lessen the likelihood of another financial meltdown.
Business Europe's job market has strengths the U.S. doesn't Europe's job market has strengths the U.S. doesn't
Compare unemployment rates, and America's job market looks much stronger than Europe's. The U.S. rate for August, being released Friday, is expected to be a near-normal 6.1 percent. In the 18 countries that use the euro currency, by contrast, it's a collective 11.5 percent.
Business US construction spending up 1.8 percent in July US construction spending up 1.8 percent in July
U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will help boost the economy in the second half of this year.