Personal Economics
  • 3Q GDP Ticks Up, but Not Enough to Create Jobs

    By Lucia Mutikani, Reuters

    Economic growth picked up in the third quarter as a late burst in consumer spending offset the first cutbacks in investment in more than a year by cautious businesses. The stronger pace of expansion...

  • Tax gains lift Merck profits, but sales disappoint

    Tax gains lift Merck profits, but sales disappoint

    By Ransdell Pierson, Reuters

    (Reuters) - Merck & Co Inc posted a higher-than-expected quarterly profit as one-time tax gains helped offset plunging sales of its former flagship product, Singulair, an asthma drug that began...

  • Are You Better Off? More Americans Say Yes

    In an encouraging sign about the tenuous economic recovery – and a potentially promising one for the Obama campaign – slightly more Americans say they feel financially better off, rather than worse,...

  • Apple iPad sales disappoint, Street eyes the holidays

    Apple iPad sales disappoint, Street eyes the holidays

    By Poornima Gupta, Reuters

    SAN FRANCISCO (Reuters) - Apple Inc delivered a second straight quarter of disappointing results and iPad sales fell well short of Wall Street's targets, marring its record of consistently blowing...

  • Apple fails to wow as iPad sales disappoint

    Apple fails to wow as iPad sales disappoint

    By Reuters

    SAN FRANCISCO (Reuters) - Apple Inc delivered lackluster quarterly results and iPad sales fell short of Wall Street targets, pushing its stock slightly lower. The results came as it heads into the...