by Shu Zhang | Aug 8, 2014 | Business & Tech
WASHINGTON – Nearly three-quarters of U.S. consumers favor requiring truck manufacturers to increase the fuel efficiency of large trucks as a way to cut fuel costs that are passed on to consumers, the Consumer Federation of America said Thursday, citing polling...
by Kelly Nicastro | Aug 5, 2014 | Business & Tech
WASHINGTON — If you’re an avid Wal-Mart couponer, it may be time to hang up your scissors. Wal-Mart Stores Inc. is launching a new price-matching program called “Savings Catcher” Monday, aimed at cutting the time consumers spend looking through coupon booklets...
by DeJonique Garrison & Hayat Norimine | Aug 4, 2014 | Business & Tech
South Africa’s GDP has increased by more than $250 billion since 1994 when apartheid ended, President Jacob Zuma said Monday, and set his goal as an annual economic growth rate of 5.4 percent. Zuma, speaking at a luncheon at the National Press Club, pitched South...
by Shu Zhang | Aug 4, 2014 | Business & Tech
HAMBURG, Germany — IKEA’s first inner-city store, which opened in June, is trying to remedy a couple of headaches that come along with its new city-center concept. Located in the upscale Altona district of this northern port city, the pilot project of the world’s...
by Lingjiao Mo | Jul 30, 2014 | Business & Tech
Washington — The Federal Reserve Wednesday scaled back its monthly bond-buying program to $25 billion for the sixth consecutive time since December based on stronger economic growth in the second quarter. The economy has rebounded with an improving labor market, the...
by Lingjiao Mo | Jul 23, 2014 | Business & Tech, Topics
WASHINGTON — Former Rep. Barney Frank insisted Wednesday that the Wall Street reform law he co-authored offers a way to end government bailouts, but Republican critics still say it fails to resolve the problem of “too big to fail.” “The Dodd-Frank Act is clear:...
