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Economy News

May 25, 2019
3 injured in fire that destroyed Nebraska fertilizer plant
A lightning strike at a Nebraska fertilizer plant set off a large fire that injured three truck drivers sleeping in the ...
May 25, 2019
Lawsuit: Flood damage at Noah's Ark attraction in Kentucky
In the Bible, the ark survived an epic flood. Yet the owners of Kentucky's Noah's ark attraction are demanding their ...
Robert Charmak
May 24, 2019
Markets Right Now: Stocks rebound, led by banks
The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher on Wall Street Friday, ...
May 24, 2019
May's relationship with EU was often rocky
As British Prime Minister Theresa May announced her departure with a Brexit plan nowhere near success, European Union leaders ...
May 24, 2019
Ex-Facebook exec recommends Zuckerberg step down as CEO
Facebook's former security chief is disagreeing with calls to break up the social network. Instead, Alex Stamos believes the ...
May 24, 2019
US orders for long-lasting goods fall 2.1% in April
Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial ...
May 24, 2019
Tesla's bad news accelerates as Wall Street loses faith
Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, ...
May 24, 2019
India's ruling party takes 303 of 525 seats in election win
Indian Prime Minister Narendra Modi met with leaders of his Hindu nationalist Bharatiya Janata Party on Friday following his ...
May 24, 2019
AP Explains: How retirement legislation impacts you
Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that.
May 24, 2019
The Latest: EU official lauds May for showing courage
The Latest on Brexit and Britain's political crisis (all times local): 11:30 a.m. European Commission chief Jean-Claude ...
May 24, 2019
China to support airlines seeking compensation from Boeing
China's airline industry association has thrown its support behind 13 Chinese carriers seeking compensation from Boeing for ...
May 24, 2019
Modi surges to victory in India on Hindu-first platform
Charismatic but polarizing Prime Minister Narendra Modi surged to a landslide victory in Indian elections, propelling his ...
May 24, 2019
Tokyo-Vegas investment chief gets 50 years in huge scheme
The former head of a Tokyo and Las Vegas investment firm was sentenced Thursday to 50 years in prison for bilking thousands ...
May 23, 2019
US long-term mortgage rates slip; 30-year average at 4.06%
U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective ...
Robert Charmak
May 23, 2019
Stocks tumble on trade war anxiety; Dow down as much as 400
Stocks tumbled Thursday on Wall Street as investors' anxiety over the U.S. trade spat with China increased and put the market ...
May 23, 2019
US new-home sales fell 6.9% in April
Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are ...
May 23, 2019
Deutsche Bank ready for more cuts as share price sags
The CEO of Deutsche Bank says he is ready to make "tough cuts" as he aims to strengthen the struggling bank's profitability ...
Xi Jinping
May 23, 2019
China seeks Asian neighbors' support in trade fight with US
China is seeking support from Russia and from its Central Asian neighbors in its escalating tariff fight with the U.S., while ...
May 23, 2019
Liberal groups want 2020 Dems to back Pentagon spending cuts
Nearly two dozen progressive groups are launching a new push to persuade Democratic presidential candidates to support ...
Michael Cohen
May 23, 2019
Search warrants tied to former Trump lawyer Cohen released
It was Michael Cohen's numerous contacts with a Russia-linked company and a sudden flow of foreign money into a bank account ...
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