US service sector growth higher in June
Growth in the US service sector rose in June, according to data released by the Institute for Supply Management on Monday.
However, the index of...
Greece leaving the eurozone is now a very real possibility
The Greek people have cast their vote and the result is a resounding “no” to accepting strict austerity measures and following creditors’ bailout terms.
Many...
US economy gained 223,000 new jobs last month
The US economy added 223,000 new jobs last month, according to the latest Labor Department report.
However, wages remained flat, a sign that consumer spending...
Aetna acquiring Humana for $35 billion
Aetna is acquiring rival health insurer Humana for $35 billion.
The US health insurance giant announced on Friday that it agreed to takeover its smaller...
Greek government imposes ATM withdrawal limit of €60
People in Greece are struggling to withdraw money from ATMs because of severe capital control implemented by the Greek government.
Banks across the country have been closed all...
Anthem boosts takeover offer for Cigna
Anthem Inc. increased its takeover offer for Cigna on Saturday to $184 per share in cash and stock - a deal worth about $47...
Asia-Pacific home to most millionaires in the world
The Asia-Pacific region now has the most millionaires in the world - more than North America.
According to a recent survey of the world’s richest people,...
Wingstop shares soar 60 percent in public market debut
Wingstop shares climbed up more than 60% in its public market debut.
The company operates and franchises more than 470 quick-service eateries that specialize in...
US producer prices rose in May on higher gasoline and food costs
US producer prices increased in May as the cost of gasoline and food rose.
According to the Labor Department, the producer-price index (PPI) for final...
UK raised 750 million pounds in sale of Royal Mail shares
The UK government completed a sale of half of its remaining stake in Royal Mail.
The sale raised a total of £750 million. Last week...