Source: Wall Street Journal
News
Jan. 2, 2014
The nation's factories finished the year on a high note and look to be building momentum heading into 2014.
News
Dec. 6, 2013
The U.S. economy expanded significantly faster than initially estimated in the third quarter as businesses fattened their inventories, a factor that is likely to weigh on growth in the year's final quarter.
News
Nov. 17, 2013
The company attributed a third consecutive drop in U.S. comparable-store sales to a laundry list of macroeconomic headwinds when it reported earnings last week. Wal-Mart, which forecast continued gloominess through year-end, told analysts it would watch to see if the federal health-care law would take yet another chunk out of customers' pocketbooks.
News
Oct. 21, 2013
Welcome to  SolarCity, the latest booming green company that has never recorded a profit. The startup's stock price has soared by 600% since its IPO last December—it closed on Monday at $57 a share—and spiked after the company announced a couple of weeks ago that it expects business to grow by 70% to 90% next year. Yet the company, based in San Mateo, Calif., and specializing in deploying rooftop panels, ended the first six months this year $61 million in the red. Ordinarily, that sort of number might disconcert investors. But SolarCity's business model is powered by government subsidies, which also fueled the 500% stock run-up and turn to profit this year of the electric-car maker Tesla. Steering both companies is Elon Musk.
News
Oct. 2, 2013
"The U.S. is overtaking Russia as the world's largest producer of oil and natural gas, a startling shift that is reshaping markets and eroding the clout of traditional energy-rich nations.

U.S. energy output has been surging in recent years, a comeback fueled by shale-rock formations of oil and natural gas that was unimaginable a decade ago. A Wall Street Journal analysis of global data shows that the U.S. is on track to pass Russia as the world's largest producer of oil and gas combined this year—if it hasn't already. "
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