Automakers said Tuesday that new car and truck sales picked up speed halfway through March, culminating in a strong final weekend. Toyota dealers had their two best sales weekends of the year at the end of the month, the company said.
U.S. manufacturing grew at a slightly faster pace in March compared with February as factory output recovered from disruptions caused by severe winter weather.
U.S. construction spending posted a slight increase in February as a rebound in construction of hotels and other nonresidential buildings offset a decline in housing.
Calling Caterpillar Inc., a member of the "corporate profit-shifting club," Sen. Carl Levin accused the manufacturing giant Tuesday of employing an aggressive tax strategy to avoid paying billions of dollars in U.S. taxes.
The 18-country eurozone may have emerged from recession last year, but that has done little good to the jobs market, with unemployment stuck near a record high since then.
Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates "for some time."
The economic and financial impact of global warming is complex and not well understood. In some scenarios there would be economic benefits for countries that get more fertile agriculturally. Drier weather in some regions would result in sharply lower crop yields.
The Citi Foundation, the philanthropic arm of Citigroup Inc., will donate $50 million to improve youth employment opportunities in 10 large U.S. cities, the chairman of the organization told The Associated Press.
Fiat and Chrysler CEO Sergio Marchionne said Monday that the merged company will be able to increase production to more than 6 million cars a year, a level he has long said is the minimum for an automaker to compete in the global market.
Workers at one of Amazon.com's German distribution centers are on strike in a dispute over wages.
Cuban lawmakers approved a law Saturday that aims to make it more attractive for foreign investors to do business in and with the country, a measure seen as vital if the island's struggling economy is to improve.
Americans barely increased their spending in February following a weak January performance, strong evidence that the severe winter will hold back the economy in the first quarter.
Unemployment rates fell in most states in February and two-thirds of the states reported job gains, evidence that most of the country is benefiting from slow but steady improvement in the job market.
McDonald's is offering free coffee to its customers for a limited time as competition for the breakfast crowd intensifies.
U.S. consumer sentiment slipped in March from the previous month, as Americans said they were less likely to buy cars and homes because of slightly higher interest rates.