Applications for US unemployment aid falls


The number of Americans seeking unemployment benefits fell 26,000 last week to 319,000….

Ukraine unrest boosts London’s housing market


A penthouse in London, apparently sold to a Russian buyer for 225 million U.S. dollars…

Office Depot plans to close at least 400 US stores


Office Depot is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations…

Target’s Chairman and CEO out in wake of breach

Gregg Steinhafel nb

Target’s massive data breach has now cost the company’s CEO his job….

Americans rely less on credit cards

credit card fraud nb

Americans rely less on credit cards…

Apple increases stock buyback, will split stock

Apple plans to buy back an additional $30 billion of its stock and split its stock for the first time in nine years…

US declines to name China a currency manipulator


The Obama administration is raising concern about the value of China’s currency but is declining to accuse Beijing of manipulating it…

China’s growth slows to 7.4 percent in 1Q


China economy grew 7.4% from a year earlier in the January-March quarter, down from the previous quarter’s 7.7%…

China’s inflation edges up to 2.4 %


China’s consumer inflation edged up in March as food prices rose despite signs the world’s second-largest economy is slowing…

China to permit cross-border stock trading with HK


China unveiled a plan to allow investors in Shanghai and Hong Kong to trade shares on each other’s exchanges…