Business

Business Exxon sees abundant oil, gas far into future Exxon sees abundant oil, gas far into future
North America, once a sponge that sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil's annual long-term energy forecast.
Business U.S. job openings rise, hiring remains healthy U.S. job openings rise, hiring remains healthy
The number of available U.S. jobs rose in October to the second-highest level in 14 years, and companies kept hiring at a healthy pace, adding to evidence of an improving economy.
Business Why areas with good jobs have hard-to-afford homes Why areas with good jobs have hard-to-afford homes
Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
Business Fed proposing big U.S. banks boost capital cushions Fed proposing big U.S. banks boost capital cushions
Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses.
Business More Americans to buy homes with 3 percent down More Americans to buy homes with 3 percent down
Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.
Business China trade growth tumbles in November China trade growth tumbles in November
China's export growth tumbled in November and imports contracted unexpectedly in a new sign of weakness in the world's second-largest economy.
Business US adds 321,000 jobs, the most in nearly 3 years US adds 321,000 jobs, the most in nearly 3 years
U.S. employers added a whopping 321,000 jobs in November, the biggest burst of hiring in nearly three years and the latest sign that the United States is outperforming other economies throughout the developed world.
Business Bebe discloses data breach
Bebe stores Inc. said Friday that it recently detected suspicious activity on computers that run the payment processing system used for its stores, making it the latest company to disclose a data breach.