Economy

Venezuelans left with problems after Chavez death
Venezuelans are lining up to bid their last farewell to Hugo Chavez along a route that's a reminder of the problems left behind after the late ...
US data run fails to energize subdued markets
A raft of U.S. economic figures failed to give markets any momentum Friday at the end of a week that's seen many of the world's major stock indexes ...
House passes GOP bill to streamline job training
A divided House on Friday passed Republican legislation that would end or consolidate dozens of duplicative job training programs with the objective ...
Venezuela's opposition ground down by Chavistas
The people tapped by Hugo Chavez to carry on his socialist revolution seem to be improvising the rules of governing as they march toward what most ...
IMF says Europe's banking sector still fragile
Europe's banks are still fragile and the European Union has a way to go to make them stable, the International Monetary Fund said Friday in its first ...
UniCredit returns to full year profit
Italian bank UniCredit on Friday reported it returned to profit last year thanks to ambitious cost-cutting measures and said it plans to resume a ...
China's leaders move to fill top government posts
The Chinese Communist Party's No. 2 leader was confirmed Friday as premier, tasked with addressing a slowing economy and defusing public anger over ...
Strong auto output boosts US factory production
A strong increase in auto output boosted U.S. factory production last month, the latest sign that manufacturing is helping drive economic growth after ...
Futures rise as S&P 500 nears new high
U.S. stock futures rose Friday as the government released a report showing that a spike in gas prices pushed overall consumer prices higher last month
Gas spike drives US consumer prices up 0.7 percent
A spike in gas prices drove a measure of U.S. consumer costs up in February by the most in more than three years. But outside the gain in fuel costs, ...
Oil rises ahead of US industrial production data
The price of oil rose to near $94 on Friday ahead of the release of U.S. industrial production and manufacturing figures that analysts expect to show ...
Bailout lenders grant Portugal easier debt targets
Portugal's bailout lenders have agreed to ease its debt-reduction targets amid deteriorating economic prospects, the finance minister said Friday, ...
Energy drink producer says it is being blackmailed
Energy drink producer Red Bull says it is being blackmailed, with the perpetrators threatening to place cans of its product contaminated with feces ...
Boeing: Commercial 787 flights to restart in weeks
Boeing said Friday it sees commercial flights of its grounded 787 jets resuming "within weeks" even though it has not pinpointed the cause of battery ...
Italy's ENI sells Africa gas stake to China
Italian oil producer ENI says it has sold a 20 percent stake in a gas field in Mozambique in southern Africa to China's biggest state-owned energy ...
TSA stands by plan to allow small knives on planes
The head of the Transportation Security Administration told lawmakers Thursday he stands by his plan to allow passengers to carry small knives onto ...
Bad weather postpones return of 3 astronauts
Bad weather is delaying the return of three astronauts from the International Space Station. The astronauts were scheduled to land in a Soyuz capsule ...
New pope's views bind simplicity with 'complexity'
At gatherings of Latin American bishops, then-Cardinal Jorge Bergoglio was often a star speaker about economic inequities in a profit-driven world.
Gov't seeks closer oversight of student loan firms
The government's consumer finance watchdog wants stricter oversight of companies that collect and log student loan payments. The Consumer Financial ...
Buffett gives exec raise while his pay stays same
Warren Buffett's total compensation declined 14 percent last year to $423,923 as Berkshire Hathaway spent less on his security, but his salary ...
Bulgari targeted in Italian tax evasion probe
Italian financial police have impounded €46 million ($59 million) in real estate and other assets from the Bulgari jewelers as part of a tax evasion ...
Suu Kyi meets more anger over Myanmar mine
With rare hostility, villagers sharply criticized opposition leader Aung San Suu Kyi on Thursday as she traveled in northwestern Myanmar to explain ...
US wholesale prices rise 0.7 pct. on gas spike
A measure of U.S. wholesale prices rose in February by the most in five months, pushed higher by more expensive gas and pharmaceuticals. But outside ...