Add to hawkish interest-rate comments from the Federal Reserve a fourth month of rising consumer spending. July's 0.3% increase follows June's 0.5% gain, indicating that momentum from the second quarter is extending into the third.
Before quitting your job to work on your business, figure out how much income you will need each month to survive, writes Andy Ayim. Split your expenses into fixed and variable costs, and look for ways to chip away at the latter, he writes.
There are three key questions teachers should ask before deciding whether to eliminate homework. Several educators suggest their peers ask themselves where the motivation to eliminate homework is coming from, whether students will receive adequate instruction without it and whether there are benefits to homework for high-schoolers.
Basel III regulations must be clarified and refined before implementation, say European Commission President Jean-Claude Juncker and European Council President Donald Tusk. "The intended refinements of the Basel III framework need to be subject to a thorough impact analysis and capital requirements must not be significantly increased in any of the major regions of the world," according to a joint statement.
The CMS has released 14 proposals to address challenges with the Affordable Care Act's insurance exchanges that have contributed to the enrollment of sicker-than-expected populations. The proposed changes include improving outreach to young adults, adding flexibility for bronze plan offerings, tightening rules for special enrollment periods and accounting for prescription-drug use in assessing patients' health status and risk profiles.
Publishers are no longer receiving data from Facebook's "Graph API" feature due to a technical glitch, and the company has not confirmed when the issue will be fixed. The tool gives information on how users are engaging with content, including the number of shares.
J.Crew will launch a fashion line at Nordstrom on Sept. 12 as part of a push to revive sales by teaming with a department store that shares its standards for customer service and experience, J.Crew CEO Mickey Drexler said. Nordstrom already sells fashions from J.Crew's Madewell brand at 76 stores, and the new line will launch at 16 stores and online.
Xbox Design Lab has shipped its first round of customer-designed controllers. Gamers can purchase an $80 controller and choose a color combination from more than 8 million options and can add an engraved name or message for $10 more.
Mallinckrodt's Synacthen Depot, or tetracosactide, has received fast-track status from the FDA as a treatment for Duchenne muscular dystrophy. The drug, a long-acting depot formulation of a synthetic 24 amino acid melanocortin receptor agonist, is being assessed in an early-stage trial.
Freeform on Monday announced that the 10-episode final season of its hit show "Pretty Little Liars" will begin airing in April. The show -- which has been on the air since 2010 -- has amassed a large social media following and contributed to the transformation of Freeform from ABC Family due to its edgier content.
Houston has about 840 sewer overflows a year and is negotiating with the Environmental Protection Agency over which and how many improvements to make. Repairing and upgrading pipes, maintaining the system and educating the public on clog-avoidance could cost $5 billion.
Falling oil production levels have allowed operators in the Permian Basin the chance to catch up and relieve congestion caused by massive outflows from the region, and several companies have built new pipelines or added capacity to existing lines. "These new projects not only relieve existing congestion, but have also created a significant overcapacity out of the region," Sandy Fielden, Morningstar Oil research director, said in a report.
This year, Southwest capped 11 years of steady growth, becoming the primary carrier out of Pittsburgh International Airport. The airline added flights to Los Angeles this month, and CEO Gary Kelly said he expects continued growth in the years ahead.
Hotels are finding myriad ways to reduce environmental impact and save money in the process. Charities benefit as well, from donations such as old equipment and proceeds from recycling.