Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy at the end of the second quarter.The Commerce Department said on Friday durable goods orders increased 0.7 percent as demand increased from transportation to machinery and computers and electronic products.
Industry
U.S. chicken farmers latest caught in Russia sanction crosshairs
Russia's threatened ban on U.S. poultry imports, the latest move in a sanctions skirmish over Moscow's support of rebels in Ukraine, has agriculture companies alert to the risks of a conflict that's already roiled trading of crops ranging from soy, beef and fruit to California pistachios.
U.S. job growth cools, unemployment rate rises to 6.2 percent
U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while.
U.S. consumer spending rises, inflation pressures muted
U.S. consumer spending rose for a fifth straight month in June, but a moderation in price increases suggested the Federal Reserve will not raise interest rates anytime soon.
U.S. jobless claims up, but four-week average hits eight-year low
The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend pointed to a continuing strengthening of labor market conditions.
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Advocates for the blind are debating whether to use a carrot or a stick to persuade one of their oldest allies, Apple Inc, to close an emerging digital divide in mobile technology.
Drew Chadwick is set to face the spotlight alone without the company of the other singers with him from Emblem3. He was reportedly exited the group last June 20 as he wanted to have a huge break and right now, he covets to search for his own "mark" in the music industry.
Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to a statement emailed to Reuters on Wednesday.
