Manufacturing and consumer confidence improved in February and housing stabilized last month, indicating the U.S. economy is shaking off the effects of the harsh winter and loss of momentum at the end of 2013.
Jamie Dimon, who built JPMorgan Chase & Co. into the world’s biggest investment bank, said threats to its dominance may come from Beijing, Silicon Valley and a San Francisco-based rival with a stage-coach logo.
Google Inc. is initiating talks with nine U.S. metropolitan areas about bringing its high-speed broadband Internet service to consumers, as the search provider steps up competition with cable and phone companies.
Akil Alvin, 19 and from Detroit, is struggling to land a job as he competes with older, more skilled applicants. Alex Lothspeich, 17 and from Charlotte, North Carolina, is choosing not to enter the workforce to focus on high school.
The winter storm that cut electricity to more than half a million customers across the South and grounded 10,000 flights this week turned its power on the U.S. Northeast, bringing heavy snow from Virginia to Maine.
In Charlotte, 42 percent of the population rents and the remaining 58 percent are homeowners. And in the past year the Charlotte real estate market has seen an 8.6 percent increase in value, with a median sales price of $183,200, according to Zillow.