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Wall Street is set for another volatile week after the Labor Day holiday, as investors track Hurricane Gustav, the price of oil, key economic data and continued fallout from the credit crisis.
Gustav is expected to hit the U.S. Gulf Coast early this week and many of the major oil companies have already shut […]
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U.S. restaurant operators reported lower sales and traffic levels last month, according to the National Restaurant Association.
The Washington, D.C.-based association’s monthly composite index, which tracks the health and outlook of the U.S. restaurant industry, stood at 98.3 in July, unchanged from its June level.
A score under 100 represents a period of contraction in areas like […]
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— Chrysler LLC said Wednesday it is weighing options for its iconic Dodge Viper sports car, which could include a sale of the nameplate.
The Auburn Hills, Mich., automaker is mulling strategic options for the Viper, and has been approached by third parties "interested in exploring future possibilities with Viper," Chairman and Chief Executive […]
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If you think you’ve seen everything at Miami’s Metrozoo, think again. There’s a new exhibit on the way.
Amazon & Beyond is set to open Dec. 6.
The 27-acre, $50 million exhibit will include 600 animals from the region, including giant river otters, jaguars and anacondas.
The Fiesta Plaza will feature artifacts from Central and South America. A […]
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Sri Lanka's central bank said lower fuel and food prices will help “moderate'' Asia's second- fastest inflation, after leaving interest rates unchanged for an 18th straight meeting.
“With the easing of commodity prices in international markets, external price pressures on domestic inflation are likely to further abate in the months ahead,'' the central bank […]
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German investor confidence probably held near a record low in August after Europe's largest economy contracted in the second quarter, increasing the risk of a recession, a survey of economists shows.
The ZEW Center for European Economic Research will say its index of investor and analyst expectations rose to minus 62 from minus 63.9 […]
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Democratic senators say a government report issued last month on oil prices was based on flawed information. They’re asking for an investigation into the matter.
In a letter Thursday to the inspector general of the Commodity Futures Trading Commission, four senators criticized an interim study that said fundamental supply-and-demand factors were to blame for the […]
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The Federal Reserve has auctioned another $25 billion in loans to the nation’s banks and given them more time to pay the money back in an effort to combat a serious credit squeeze.
The Fed announced Tuesday that the money would be loaned at a rate of 2.754%. In the latest auction, the Fed offered […]
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Inflation in France held at the fastest pace in at least 12 years in July, led by rising food and oil costs.
Consumer prices climbed an annual 4.0 percent based on the European Union's methodology, matching the June rate, which was the highest since Insee, the Paris-based statistics office, began reporting the data in […]
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Blockbuster Inc. suffered another loss in the second quarter, but the struggling movie rental chain showed signs of progress by wringing more revenue from its stores while lowering its costs.
Heartened by its rising sales, Blockbuster (BBI, Fortune 500) modestly raised its outlook and predicted it would produce a profit ranging from $21 million to […]
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