Both the Commerce Department and the Federal Reserve gave the economy good marks after years of slack performance. The Fed still frets about jobs but generally is upbeat, predicting "moderate" growth.
The changing workspace in the Age of Deskovery.
The company's move to break its app in two is costing it the users who loved Foursquare the most. "Why do I need two apps when I had one that provided both services?" asked one user.
A jury had found the bank liable for fraud related to mortgages sold by its Countrywide Financial unit last October. Bank of America may appeal.
This weekend is the state’s sales tax holiday. On Aug. 1 and Aug. 2, sales tax won’t be charged on clothing, school supplies and some computers. Small businesses are hoping it will provide the boost they need. Kyle Jackson, state director of the National Federation of Independent Business says 13 percent of small business owners surveyed this month say poor sales is their greatest concern.
Health workers are trying to convince parents to give children the polio vaccine, but the program faces violent opposition. Harvard researchers polled the parents. They were surprised by the results.
The Fed announced modest cuts in its bond-buying program and noted that inflation is becoming an issue. But with room to grow in the labor market, the bank is not ready to raise interest rates.
Vergara v. California dealt a serious blow to teacher tenure and seniority laws in that state. And anti-tenure groups say their movement is spreading.
The Atlanta Braves announced the developers Wednesday for the mixed use project that will be part of their new stadium in Cobb County. Three local companies will partner with the Braves to complete the 74-acre, $400 million property. Braves officials says Fuqua Development will build the retail portion of the complex. Pope & Land, a company with roots in Atlanta and Cobb County will help develop the office space, while Pollack Shores Real Estate Group will team with the Braves to develop the residential portions of the project.
Earlier in the day it looked like a resolution was possible, but ultimately talks between the country and a group of creditors broke down in New York. The first time the country defaulted was in 2002.