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Economy News

November 21, 2019

Macy's cuts outlook for the year with holidays around corner

Macy’s is cutting its profit and sales expectations for the year after posting its first comparable store sales decline in ...

November 21, 2019

10 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. KEY WITNESSES CAP ...

November 21, 2019

British Airways says flights disrupted by ‘technical issue’

British Airways says flights are being disrupted by a “technical issue.” Information from Heathrow, Britain’s busiest ...

November 21, 2019

AP: Catholic Church boards reviewing sex abuse fail victims

Facing thousands of cases of clergy sex abuse, U.S. Catholic leaders addressed their greatest crisis in the modern era with ...

November 21, 2019

UN nuclear watchdog: Iran must explain undeclared site

The head of the U.N. nuclear watchdog agency says Iran has not provided additional details about the discovery of uranium ...

November 21, 2019

China bats away rumors, says trade talks with US continue

China is working to resolve conflicts with Washington over trade, a Commerce Ministry official said Thursday, dismissing ...

November 21, 2019

Explosion at Italian fireworks factory kills 5

Italian rescue services say a blast at a fireworks factory in Sicily has killed five people and seriously injured two others.

November 21, 2019

Farmers in South Africa struggling due to drought

The United Nations estimates that more than 11 million people now face crisis due to the ongoing drought in South Africa.

November 21, 2019

Colombia protesters hope to channel wave of discontent

Colombians angry with conservative President Iván Duque are hoping to channel Latin America’s wave of discontent as they take ...

November 21, 2019

Japan Display worker suspected of taking $5.4M in fake deals

Japan Display Inc. is pursuing criminal charges against an employee it has accused of taking 578 million yen ($5.4 million) ...

November 21, 2019

E-commerce giant Alibaba raises $11 billion in share listing

The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s ...

November 21, 2019

UAW president steps down as GM sues rival over union bribery

United Auto Workers President Gary Jones abruptly resigned Wednesday, capping a tumultuous day that saw union leaders move ...

November 21, 2019

Google reins in political advertising

Google is making it harder for political advertisers to target specific types of people. The company said that as of January, ...

November 20, 2019

Target bursts into the holiday season with a bang

Target is bursting into the critical holiday season with strong third-quarter earnings as the company pushes faster delivery ...

November 20, 2019

Train hits car left on tracks, driver uninjured

Police dashcam video shows the moment an Amtrak train smashed into a car parked over the train tracks in West Windsor, New ...

November 20, 2019

Fed minutes: Officials felt 3 cuts this year could be enough

Most Federal Reserve officials believed last month that the three rate cuts they have made this year would be enough unless ...

November 20, 2019

Main Gulf port in southern Iraq shut for a third day

Anti-government protesters blocked access to Iraq’s main Gulf port in Umm Qasr for a third day Wednesday, as protesters said ...

November 20, 2019

Lowe's 3Q profit buoyed by strong economy; lifts outlook

Lowe's third-quarter profit handily topped Wall Street’s view, thanks in part to the strong economy and sales to contractors.

November 20, 2019

Saudi king touts reforms, Aramco IPO in annual address

Saudi King Salman touted his country’s reforms in his annual address Wednesday and stressed the importance of his ...

November 20, 2019

In first since 2002, EU not forcing any states to cut debt

For the first time since 2002, the European Commission is not taking legal action against any of its members over high budget ...

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