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Archive for the ‘Entrepreneur’ Category

U.S. consumer, business spending data point to slowing growth

26 Nov

Paige Leonard speaks with a recruiter from a jewelry and gem company during the GIA Jewelry Career Fair in New YorkWASHINGTON (Reuters) – U.S. consumer spending rose modestly in October and a key measure of business spending plans on equipment fell for a second straight month, suggesting some slowing in the pace of economic growth.

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U.S. regulators close probes into about 600,000 Ford, GM vehicles

25 Nov

Two new 2014 Chevrolet Impala sedans are seen at the Washington Auto ShowDETROIT (Reuters) – U.S. safety regulators have closed investigations into about 500,000 Ford Motor Co and about 100,000 General Motors Co vehicles without calling for recalls, the National Highway Traffic Safety Administration said on Tuesday.

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U.S. third-quarter growth revised higher on consumer, business spending

25 Nov

A bucket is lifted by scaffolding workers at the Washington Monument at sunrise in WashingtonBy Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth was far stronger than initially thought in the third quarter, pointing to strengthening fundamentals that should support the economy for the rest of the year. The Commerce Department on Tuesday raised its estimate of gross domestic product to a 3.9 percent annual pace from the 3.5 percent rate reported last month, reflecting upward revisions to business and consumer spending, as well as restocking. Spending on residential construction also was raised, helping to offset downward revisions to export growth and government spending. …

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Wall Street surges to new records, boosted by cyclicals

24 Nov

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkNEW YORK (Reuters) – U.S. stocks rose on Monday, with major indexes hitting fresh records on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action.

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U.S. services sector activity grows, November rate slows: Markit

24 Nov

A waiter serves dessert to a table of men listening to Chinese millionaire Chen Guangbiao during a lunch he sponsored for hundreds of needy New Yorkers at Loeb Boathouse in New York's Central ParkNEW YORK, Nov 24 (Reuters) – The U.S. services sector expanded in November at a slower rate than the previous month as growth in new business slowed, an industry report showed on Monday.

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Merger action lifts Wall Street at open

24 Nov

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkNEW YORK (Reuters) – U.S. stocks opened modestly higher on Monday, pushing the Dow and S&P 500 further into record territory on the back of multiple merger deals and hopes China will take further accommodative monetary policy action.

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Falling inflation a worry for Europe but also the world

23 Nov

New 10-euro banknotes are pictured during their presentation at the Austrian national bank in ViennaBy Ross Finley LONDON (Reuters) – European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe has held back global economic growth for years, and now it is contributing significantly to powerful forces already dragging down inflation across the globe. A spectacular drop in crude oil prices over the past month will be the center of discussion when ministers from the world’s top oil exporters meets in Vienna on Friday. …

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At Spain’s Door, a Welcome Mat for Entrepreneurs

23 Nov

A nation is beckoning foreign brains and money with the kind of immigration reform that Silicon Valley can only envy.

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How to Find a Job With Meditation and Mindfulness

22 Nov

Meditation studios and conferences catering to Type A careerists are becoming a new networking hub.

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Giving thanks for big stock gains

22 Nov

A street sign is seen in front of the New York Stock Exchange on Wall Street in New YorkNEW YORK (Reuters) – U.S. stock investors head into the Thanksgiving holiday thankful for the market’s recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.

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