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Construction workers

Fed rate hike seen with steady July jobs growth

Based on the July jobs data, the United States may be headed for an interest rate hike, a sign the economy is in good health.

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NYSE

Wall Street ends with slight losses, energy weighs again

U.S. stocks ended slightly lower on Thursday after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action but said the issue would be addressed early next year.

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Bank of England

Bank of England looks set to signal no rate hike until mid-2015

The Bank of England, once widely expected to start weaning Britain off near-zero interest rates this month, now looks set to signal no rise in borrowing costs until the middle of next year.

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Student loan debt

U.S. student debt burden falling more on top earners, easing bubble fears

Young Americans with big college debts are often portrayed as struggling to pay their bills. The reality is somewhat different - those owing super-sized student loans tend to be higher paid.

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Steel factory in China

China's October official PMI edges down to 50.8

China's factory sector grew in October but at a pace that was slightly slower than expected, underlining the challenges facing the sector as manufacturers fight rising costs and softening demand in a cooling economy.

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