Economies

Discounts Drive Auto Sales to Best July in a Decade

Ford Fusions are displayed at Al Piemonte Ford on June 3, 2013 in Melrose Park, Illinois. (Scott Olson/Getty Images)
Ford Fusions are displayed at Al Piemonte Ford on June 3, 2013 in Melrose Park, Illinois. (Scott Olson/Getty Images)

DETROIT—Big discounts helped keep U.S. auto sales sizzling in July. General Motors, Ford, Nissan and Chrysler all reported big gains as the major automakers reported...

Economies

US Employers add 209K Jobs, Rate Rises to 6.2 Pct.

WASHINGTON— U.S. employers extended this year’s hiring surge into July by adding a solid 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are shedding the caution that had marked the 5-year-old economic …... Read More




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  • FILE - In this July 31, 2013 file pghoto, technicians assemble a new steam turbine system in the hard coal-fired power station 'Block 6' of energy provider swb AG at the industrial harbour in Bremen, Germany. A group representing Germany’s machinery industry revised its output forecast sharply lower on Thursday, July 31 2014, pointing to the effects of political tension with Russia and the wider uncertainty it has caused. The VDMA group said it now expects production of machinery to grow by about 1 percent this year, rather than the 3 percent it previously predicted. (AP Photo/dpa, Ingo Wagner, File)

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  • File photo of U.S. Federal Reserve chair Janet Yellen testifying before the Senate Banking, Housing and Urban Affairs Committee on July 15, 2014 in Washington, D.C. (Win McNamee/Getty Images)

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  • A guest uses their cellphone to photograph President Barack Obama as greets the crowd after speaking about the economy, Wednesday, July 30, 2014, at the Uptown Theater in Kansas City, Mo. (AP Photo/Charlie Riedel)

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