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.


Argentina holds no positive expectations for Friday's debt hearing

Argentina's Cabinet chief Jorge Capitanich said on Friday the government held no positive expectations for a court hearing in New York later in the day that will discuss the South American country's debt default.

Top 5 most useful mobile business apps to get the job done

Check out businessmen's top five mobile apps that aids them in their day-to-day productivity. These business apps have become essential tools in both small-time and big-time ventures.

Amazon quickens push into tough local services market

Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc (AMZN.O) was taking notes. As he mounted a flat-screen TV on the wall, an Amazon employee studied how he covered his shoes and used a blanket to protect the hardwood floor.


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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.
Recently, Payscale.com released the list of universities with the highest percentage of students who landed on a job instantaneously after graduating with high wages.
Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with "holdout" investors suing it or win more time from a U.S. court to reach a settlement.
Facebook Inc will shut its 2-year-old Gifts shop on Aug. 12, as the world's largest social network tests other ways to let consumers buy products on its website.
Home genetics startup 23andMe has secured a $1.4 million two-year grant from the National Institutes of Health (NIH) to build survey tools and expand its gene database.
Twitter Inc halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns for now that the online messaging service had peaked.
Following Apple’s acquisition of Beats, the tech giant now turns to another possible iTunes enhancer – Swell. The tech world is buzzing with predictions and suppositions that this deal may be the "Pandora's box of talk radio."
Technology startups in Africa help mobile and internet usage increase and continually grow in the future. Currently, about 16 percent of the continent’s population has access to the internet and is increasing. This makes Africa a transformative potential in the digital world. Listed below are promising tech startup companies that show impressive development since its operation.
There is power in a great logo. Whether they are plain and simple or colorful and exuberant, the logo’s capability to bring a company extensive brand recognition and distinction is undeniable. They aim to get the trust, respect and energy in the forefront of consumers’ thoughts.
Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.
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