Business News

Business Fed will likely signal no rate hike anytime soon Fed will likely signal no rate hike anytime soon
The global economy has slumped. Turmoil has gripped financial markets. And the U.S. job market, despite steady gains, still isn't fully healthy. Yet when the Federal Reserve meets this week, few foresee any major policy changes.
Business UK rejects 'appalling' EU demand for more money UK rejects 'appalling' EU demand for more money
British Prime Minister David Cameron insisted Friday he would not pay a European Union bill for an additional 2.1 billion euro ($2.65 billion) contribution to the EU coffers at a time of increasing pressure at home for the country to leave the bloc.
Business Amazon's loss makes holidays a question mark Amazon's loss makes holidays a question mark
Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.
Business Fuel costs ease, U.S. airline profits soar Fuel costs ease, U.S. airline profits soar
Profits are soaring at the biggest U.S. airlines, and a chunk of credit goes to those savings at the pump. Fuel is an airline's biggest expense.
Business U.S. jobless aid applications rise to 283,000 U.S. jobless aid applications rise to 283,000
The number of people applying for U.S. unemployment benefits rose last week after falling to a 14-year low the previous week. Despite the increase, weekly applications remain at historically low levels that suggest hiring is gaining steam.