Business

Business Average US rate on 30-year mortgage rises to 3.89 percent Average US rate on 30-year mortgage rises to 3.89 percent
Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy.
Business US trade deficit drops to $41.9 billion in July US trade deficit drops to $41.9 billion in July
The U.S. trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.
Business U.S. factory orders edge up 0.4 percent in July U.S. factory orders edge up 0.4 percent in July
Orders to U.S. factories posted a modest gain in July, helped by the biggest rise in motor vehicles orders in a year and a solid gain in a category that tracks business investment plans.
Business European inflation stable at low rate of 0.2 percent European inflation stable at low rate of 0.2 percent
Inflation in the 19-nation eurozone was stable in August at an annual rate of 0.2 percent, an official report shows - another weak figure that may help push the European Central Bank toward doing more economic stimulus.
Business NLRB ruling can hurt small business, groups say NLRB ruling can hurt small business, groups say
A National Labor Relations Board ruling that modified the definition of an employer could hurt small businesses including franchises and subcontractors, according to industry groups that advocate for those companies.
Business New boss of Frisch's Big Boy restaurants plans expansion New boss of Frisch's Big Boy restaurants plans expansion
The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion, new restaurant shapes and sizes, menu and beverage additions, and doing more to court younger customers.
Business 3 reasons markets lost faith in China's economy, at a glance
For decades, Chinese economic policymakers have drawn praise for keeping their economy growing strongly through turbulence, such as the Asian financial crisis of 1997-1998 and the worldwide financial tumult of 2008. But investors have begun to lose faith in Beijing's economic management.
Business The US economy's second quarter went from solid to stellar
The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.
Business Ruling could ease way for unionizing at fast-food chains Ruling could ease way for unionizing at fast-food chains
It could be easier for unions to bargain for better pay and working conditions on behalf of millions of workers at McDonald's, Burger King and other fast-food chains after a National Labor Relations Board ruling on Thursday.