Gains in consumer spending and business investment helped the US economy rebound faster than forecast in the second quarter following a slump in the prior three months that was smaller than previously estimated.
Twitter chief executive Dick Costolo is getting the company back on track with Wall Street by drawing people to use the service more, sending shares soaring more than 29 percent in early trading yesterday.
The US Federal Reserve pressed ahead yesterday with its plan to wind down its bond-buying stimulus and upgraded its assessment of the US economy, while reaffirming it was in no rush to raise interest rates.
Russia announced a ban on most fruit and vegetable imports from Poland and said it could extend it to the entire EU, a move Warsaw called Kremlin retaliation for new Western sanctions over Ukraine imposed on Russia a day e...
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