Dell’s plan for a private equity buyout ran into a potential snag Thursday as corporate raider Carl Icahn revealed that he has a stake in the computer giant and is opposing the deal.
The February U.S. jobs report delivered an encouraging surprise Friday, with the unemployment rate slipping to a four-year low of 7.7 percent, from 7.9 percent in January.
Continue reading …Princeton University Professor of Economics Paul Krugman looks at the U.S. economy, employment, wealth destruction and financial crisis. He speaks on Bloomberg Television’s “Street Smart.”
Continue reading …The U.S. consumer price index was flat in December, with increases in food and shelter prices offsetting a decline in gasoline prices, government data released Wednesday showed. The gasoline index, which declined by a steep 7.4 percent in November, fell by 2.3 percent in December, the Labor Department said.
Continue reading …Amid spiking gasoline prices in California, Gov. Jerry Brown (D) on Sunday ordered air-quality officials to allow sales of winter-blend gasoline this month.
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