23-state exceeds their borrowing limits – FRC

On the basis of guidelines by the Debt Management Office on subnational borrowing, 23 states of the federation exceeded their borrowing limits in 2015,...

U.S. oil exports to meet 5 pct of non-U.S. global demand...

Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022, as refiners seek more low-sulphur crude...

U.S. SEC regulator admits breach in database, doubts stirs

The United State's Wall Street top regulator faced questions today, Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database...

Worries hit U.S. market over ban of Kaspersky antivirus software

Worries rippled through the consumer market for antivirus software after the U.S. government banned federal agencies from using Kaspersky Labs software on Wednesday. Best Buy...

Nasdaq to buy eVestment Alliance firm for $705 million

U.S. exchange operator Nasdaq Inc said on Tuesday it would buy investment analytics provider eVestment Alliance LLC for $705 million to bolster its market...

U.S. job growth slows to 156K; unemployment up to 4.4 pct

U.S. job growth slowed in August as employers added 156,000 jobs, though still enough to suggest that most businesses remain confident in an economy...

U.S. productivity rises in Q2, keeps labor costs in check

U.S. productivity grew more than expected in the second quarter as hours worked rose at their fastest pace in 1-1/2 years, leading to a...

Buffett, the largest shareholder in two of U.S. largest bank

Warren Buffett's Berkshire Hathaway said Friday it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of...

U.S. approves 1st arms sale to Taiwan under Trump administration

The State Department has approved arms sales to Taiwan worth a total of $1.4 billion, the first such deal with the self-governing island since...

Applications for US jobless aid tick up to still-low 241,000

Slightly more people sought US unemployment benefits last week, but the number of applications remained at a historically low level that suggests the job...

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