Daily Intel

US trade deficit widens to $48.3 billion in August
WASHINGTON (AP) — The U.S. trade deficit jumped sharply in August as exports fell to the lowest level in nearly three years while imports increased, led by a surge in shipments of cellphones from China. The deficit increased 15.6 percent to $48.3...
Oct 6, 2015 | 8:06 AM
Leaders who follow: What candidates' Twitter lists reveal
Ted Cruz's follow list is a big tea party, though he keeps an eye on President Barack Obama, too. Marco Rubio seems open to following everyone under the sun — Democrats, fellow Republicans, insiders of every type and an odd assortment of outliers...
Oct 6, 2015 | 7:06 AM
US services growth slows in September as orders plunge
WASHINGTON (AP) — Growth in the U.S. services sector slowed in September as sales fell and new orders plunged, evidence that stock market volatility may have hit consumer confidence and limited spending. The survey still points to solid sales and...
Oct 6, 2015 | 7:06 AM
Bernanke defending Fed actions to battle recession
WASHINGTON (AP) — Former Federal Reserve Chairman Ben Bernanke says the U.S. economy is outperforming Europe at the moment because the Fed moved more quickly and aggressively to fight the 2008 financial crisis than Europe did. In his opinion piece...
Oct 6, 2015 | 7:06 AM
A multigenerational hit: Student debt traps parents and kids
Data analyzed exclusively by The Associated Press, along with surveys about families and rising student debt loads, show that: Longer repayment schedules, more midcareer workers returning to school and additional borrowing for children's education...
Oct 6, 2015 | 5:06 AM
Belarusian media claim gov't attack on their websites
MINSK, Belarus (AP) — Belarusian independent media outlets on Monday accused the government of blocking their websites less than a week before presidential elections, describing it as an attack against free press. "[...] actions ahead of the...
Oct 6, 2015 | 4:06 AM
US group: Put Alibaba site back on “notorious” fakes list
HONG KONG (AP) — A clothing and shoe industry group is calling for the U.S. government to put Chinese e-commerce giant Alibaba’s Taobao site back on its list of “Notorious Markets” for counterfeit goods. The American Apparel and...
Oct 6, 2015 | 3:06 AM
Trian becomes one of top GE investors, buying $2.5B stake
NEW YORK (AP) — Trian Fund Management is now one of General Electric's biggest shareholders after the firm led by activist investor Nelson Peltz placed its largest bet to date, about $2.5 billion, as it positions itself to play a role in the...
Oct 6, 2015 | 3:06 AM
US services sector expands at slower pace in September as sales, new orders slow
WASHINGTON (AP) — US services sector expands at slower pace in September as sales, new orders slow.
Oct 6, 2015 | 3:06 AM
Norway's Telenor to sell stake in Russia's VimpelCom
Telenor said Monday its voting share in Russia's third-largest mobile network operator had been "diluted to 25 percent following transactions" among three companies. Board chairman Svein Aaser says the minority position "without the possibility to...
Oct 6, 2015 | 3:06 AM

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