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Survey: Growth at US services firms slowed last month

U.S. services firms grew again last month — but at the slowest pace since May.

Yellen signals growing likelihood of a December rate hike

Federal Reserve Chair Janet Yellen told Congress Thursday that economic conditions appear to be improving enough for policymakers to raise interest rates when they meet in two weeks — as long as there are no major shocks that undermine confidence.

Markets slide in US and Europe after stimulus falls short

Global markets sank Thursday after the European Central Bank announced stimulus plans that came up short of what investors had forecast. The bond market was especially roiled by the ECB's move. Bond prices in the U.S. and Europe fell sharply, and yields jumped.

Isle of Capri beats 2Q profit forecasts; revenue falls short

Isle of Capri Casinos swung to a fiscal second-quarter profit on a mix of higher revenue and lower expenses.

Minnesota-based Michael Foods moving toward cage-free eggs

One of the country's largest egg producers, Minnesota-based Michael Foods, has joined the growing list of companies moving toward cage-free eggs.

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Express Scripts offers low-cost alternative to Turing drug

The nation's biggest pharmacy benefits manager is muscling back into the debate over soaring drug costs by promoting a less-expensive alternative to a life-saving medicine with a list price of $750 per pill.

Don't get Grinched by cybercrime during the holiday season

Online fraud spikes during the holiday shopping season, as people searching for the perfect gifts take to cyberspace and head to traditional stores armed with their smartphones.

SE Asia creates Economic Community, but challenges remain

Thirteen years after the idea was mooted, Southeast Asian leaders on Sunday formally created a unified economic community in a region more populous and diverse than the European Union or North America, and with hopes of competing with China and India.

Bankers predict weak economy in rural parts of 10 states

Bankers continue to predict the economy will slow in the months ahead in rural parts of 10 Western and Plains states.

UAW leaders make push for Ford contract

The United Auto Workers union is making a last-ditch push for the union's proposed contract with Ford, which is heading for defeat in votes at Ford's plants.

Deal news and bank gains send stock market solidly higher

U.S. stocks notched their best day in nearly four weeks on Wednesday as investors welcomed new hints pointing to a Federal Reserve interest rate hike in coming weeks. Traders were also encouraged by more corporate deal news.

US regulators: Still heavy risk in big bank loans

Federal regulators say they’re still seeing a heavy dose of risk in large loans made by banks and other financial institutions, despite the recovering U.S. economy.

Wal-Mart expects profit to fall amid transformation push

Wal-Mart expects its profit to take a hit as the world’s biggest retailer works to fend off intensifying competition by perking up customer service and adapting to changing shopping habits.

Fed says consumer spending, auto sales boost US growth

The Federal Reserve says steady consumer spending and an improving housing market spurred modest U.S. economic growth in the late summer, though factory output was sluggish in part because of the strong dollar.

US stocks end little changed before monthly jobs report

A late turn gave the stock market a meager gain to start the month Thursday, a day after it finished its worst quarter in four years.