The U.S. economy is inching along, productivity is flagging and millions of Americans appear locked out of the labor market. One key factor intertwined with this loss of dynamism: The U.S. is creating startup businesses at historically low rates.
The computerized attack that left more than 1,200 websites unreachable on Friday stemmed from efforts, years earlier, by players of online games to frustrate and slow their opponents, security experts say.
Investors and policy makers—not to mention U.S. voters—will get their first view of U.S. third-quarter economic growth this week, while European countries also release GDP data and ECB officials discuss monetary policy.
Brazilian state oil company Petrobras agreed to settle lawsuits from Pimco and three other investors who alleged they were harmed by a corruption scheme that funneled billions of dollars from the company.