World News

Growth Speeds Up For Largest Part of US Economy

The pace of growth in the largest segment of the U.S. economy accelerated in July.

Monday's report from a business group shows the services sector expanded more quickly than most economists had predicted.

The services sector covers most of the workforce, including retail, construction, health care, financial services, and other areas.

The Institute for Supply Management's gauge of the services sector jumped nearly four percentage points to a reading of 56.

Any reading above 50 indicates growth.

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A handout photo released by the Curtis family shows Peter Theo Curtis (R), 45, with his mother Nancy Curtis at Boston Logan International Airport after flying from Tel Aviv to Newark, New Jersey, August 26, 2014.

US Journalist Kidnapped in Syria Returns Home

Peter Theo Curtis, 45, arrived in Boston late Tuesday where he was greeted by his mother after being held by Nusa Front militants since 2012 More