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Economy News

September 21, 2017
Standard & Poor's cuts China credit rating, citing debt
The Standard & Poor's rating agency cut China's credit rating Thursday due to its rising debts, highlighting challenges faced ...
September 21, 2017
Bangladesh truck carrying Rohingya Muslim aid crashes; 9 die
A truck filled with aid for Rohingya Muslim refugees in Bangladesh veered off a road and fell into a ditch Thursday morning, ...
Jay Clayton
September 21, 2017
SEC reveals 2016 hack that breached its filing system
The Securities and Exchange Commission said Wednesday that a cyber breach of a filing system it uses may have provided the ...
September 21, 2017
Watchdog: Airfares for many travelers rise due to bag fees
Travelers who check at least one bag when flying domestically are paying more overall than they did before airlines began ...
Sheryl Sandberg
September 20, 2017
Facebook tightens ad policies after 'Jew-hater' fiasco
Facebook is apologizing for letting advertisers use phrases like "Jew-haters" as a targeting criteria and for not noticing ...
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September 20, 2017
AP Top Stories 20 P
Here are the latest stories for Wednesday, Sept. 20th: Maria weakens slightly, moves off Puerto Rico's coast; Rescuers search ...
Janet Yellen
September 20, 2017
Fed announces a start to modestly reducing its bond holdings
The Federal Reserve will begin shrinking the enormous portfolio of bonds that it amassed after the 2008 financial crisis to ...
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September 20, 2017
Trump Meets With UK's May on Trade, Security
President Donald Trump met Wednesday with British Prime Minister Theresa May Wednesday on the sidelines of the UN General ...
September 20, 2017
US home sales off 1.7 pct., hurt by Harvey and low supply
U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and a worsening shortage of ...
September 20, 2017
Toshiba board decides on chip sale to Bain Capital group
Toshiba's board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but ...
September 20, 2017
China announces trade secrets crackdown to assure investors
China has announced a crackdown on violations of patents and trade secrets in an effort to mollify foreign companies ahead ...
September 20, 2017
EPA nominee once helped chemical industry, lobbyists
President Donald Trump's nominee to oversee chemical safety at the Environmental Protection Agency has for years accepted ...
September 20, 2017
As Syrian war winds down, Israel sets sights on Hezbollah
With President Bashar Assad seemingly poised to survive the Syrian civil war, Israeli leaders are growing nervous about the ...
September 20, 2017
FedEx profit falls 17 percent, hurt by TNT cyberattack
FedEx said Tuesday that its first-quarter profit fell 17 percent, hurt by a June cyberattack at its TNT Express business that ...
September 20, 2017
Toys R Us joins bankruptcy list as Amazon exerts influence
In filing for bankruptcy, Toys R Us joins a list of dozens of store chains that have done so already this year as online ...
September 19, 2017
Equifax says 100,000 Canadians may be affected by breach
Equifax said Tuesday that approximately 100,000 Canadian consumers may have had their personal information compromised in the ...
September 19, 2017
Health benefit offers from small businesses keep vanishing
Only half of America's smallest businesses now offer health coverage to their workers because many say steady cost hikes have ...
September 19, 2017
States expand investigation of opioid makers, distributors
Attorneys general from most states are broadening their investigation into the opioid industry as a nationwide overdose ...
Scott Walker
September 19, 2017
GOP governors launch 'news' site critics call propaganda
Republican governors are getting into the "news" business. The Republican Governors Association has quietly launched an ...
September 19, 2017
US housing starts fall 0.8 pct., a 2nd straight monthly drop
Homebuilders slowed their pace of construction by 0.8 percent in August, the second straight monthly decline. A steep drop ...
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