News

Large US companies have continued to see diversity gains in their CFO ranks, according to research from Spencer Stuart. Women held 14% of CFO posts at Fortune 500 businesses at the end of last year, an increase from about 12% […]

The Institute for Supply Management’s factory index recorded a 48.2 reading in January, indicating contraction. It was the fourth consecutive monthly decline in manufacturing activity, as companies continued to deal with challenges such as a strong dollar and weakness in […]

US GDP expanded at an annual rate of 0.7% in the fourth quarter, down from 2% growth in Q3. An inventory glut, mild weather that affected consumer spending and a strong dollar dragged on Q4 growth. The economy expanded 2.4% […]

Evidence is emerging that low oil prices are beginning to create a drag beyond the US oil sector, with a broadly based 5.1% plunge in orders for durable goods in December. Economists fear that consumers are unable to take up […]

Federal Reserve policymakers omitted a reference to “balanced” risks in the global economy in a post-meeting statement Wednesday that reaffirmed their commitment to raising interest rates. As expected, rates were left unchanged.

The Federal Reserve is not expected to change its interest rates this week, but its policy statement will be scrutinized to see if events around the world are affecting officials’ assessment of the economy.

Forty-nine percent of businesses said they raised pay in the fourth quarter, and 58% say they intend to do so in the current one, according to a National Association for Business Economics survey. However, only 47% of companies said sales […]

US consumers register concern over global markets’ shaky start to the year, but are more optimistic about the near-term future than they have been in seven months, according to the Bloomberg Consumer Comfort Index. There are still more pessimists than […]

One of the recent reliably strong data points in the US economy is beginning to look less certain. The number of Americans filing for initial jobless benefits rose to 293,000 last week. The figure was the highest since July and […]