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Last month was hottest August since 1880–US

FILE PHOTO

Last month was the hottest August on record for global average temperatures over land and ocean surfaces, the National Oceanic and Atmospheric Administration said.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

Dow, S&P 500 hit records on momentum from Alibaba, Fed

Trader Peter Mancuso works on the floor of the New York Stock Exchange Thursday, Sept. 18, 2014. The Dow and S&P 500 bolted to fresh records Thursday on continued momentum from Wednesday's Federal Reserve decision and enthusiasm ahead of Alibaba's expected initial public offering Friday.  AP PHOTO/RICHARD DREW

The Dow and S&P 500 bolted to fresh records Thursday on continued momentum from Wednesday’s Federal Reserve decision and enthusiasm ahead of Alibaba’s expected initial public offering Friday.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

Asian shares mostly up after Fed decision

A man walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong on Sept. 10, 2014. Asian markets mostly rose Thursday, Sept. 18, while the dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.  AP PHOTO/VINCENT YU

Asian markets mostly rose Thursday while the dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

US stocks hit record as Fed holds to easy-money policy

Wall street 91714

The Federal Reserve stuck to its slow-but-steady plans to tighten monetary policy Wednesday, disappointing so-called inflation hawks but sending US stocks to a fresh record.

Posted: September 18th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Asia’s billionaires see fastest wealth growth–report

henry-sy1

Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest of the world, a report said Wednesday.

Posted: September 18th, 2014 in Latest Business Stories | Read More »

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