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Economy News

Peter Mazza

August 18, 2019

Trade war's losers could include microchips, energy, banks

Looking across the stock market, it's hard to find a company that isn't vulnerable in some degree to the U.S.-China trade war

August 17, 2019

Yemen rebel drone attack targets remote Saudi oil field

Drones launched by Yemen's Houthi rebels attacked a massive oil and gas field deep inside Saudi Arabia's sprawling desert on ...

Peter Tuchman

August 17, 2019

Stock market gyrates as the economic picture gets blurred

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors ...

August 17, 2019

Ivanka Trump adds Colombia to upcoming South America trip

Ivanka Trump is adding a stop in Colombia to a previously announced trip to South America in September to focus on the ...

August 16, 2019

Trump appoints student loan industry exec to watchdog job

The Trump administration has hired a longtime student loan industry executive to be the federal government's top watchdog for ...

new homes, construction

August 16, 2019

US home building fell 4% in July, slowing housing market

The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a ...

August 16, 2019

Flooding, a trade war and Deere cuts outlook again

Deere & Co. cut its profit expectations for the second time this year as beleaguered farmers and an escalating trade war with ...

John Slosar, Ivan Chu, Rupert Hogg

August 16, 2019

Cathay Pacific CEO resigns after Beijing pressure

The CEO of Cathay Pacific Airways, one of Hong Kong's most prominent companies, resigned Friday following pressure by Beijing ...

August 16, 2019

The Latest: Protesters, police clash in Zimbabwe's capital

The Latest on Zimbabwe's anti-government demonstration (all times local): 11:05 a.m. Police are clashing with a few hundred ...

August 16, 2019

London Stock Exchange trade resumes after delay

The London Stock Exchange resumed trading Friday after a "services issue" delayed regular activity on its biggest indexes.

August 16, 2019

Worried about a recession? Protect yourself but don't panic

If the threat of a recession gives you pause when it comes to your personal finances, remember now is a time to prepare, not ...

August 16, 2019

Whistleblower accuses GE of fraud, misleading investors

A whistleblower who warned regulators about Bernard Madoff's Ponzi scheme is now accusing General Electric of misleading ...

Donald Trump, Xi Jinping

August 15, 2019

Trump's stance on Hong Kong shows his focus on China trade

Rather than speak up strongly for the Hong Kong protesters, President Donald Trump on Thursday suggested the answer to their ...

August 15, 2019

The Latest: Trump doesn't want HK protests to be violent

The Latest on President Donald Trump's comments on the Hong Kong protests (all times local): 5:30 p.m. President Donald Trump ...

Andrew Silverman

August 15, 2019

Markets Right Now: Stocks end a bumpy day mostly higher

The latest on developments in financial markets (all times local): 4 p.m. Stocks ended another roller-coaster day mostly ...

August 15, 2019

Tapestry offers downbeat outlook and its stock tumbles

Tapestry Inc.'s shares lost nearly a quarter of their value Thursday after the upscale handbag and fashion company said that ...

August 15, 2019

US long-term mortgage rates stay near historic lows

U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial ...

August 15, 2019

JCPenney halves losses, will begin selling used clothing

Shares of J.C. Penney surged after the ailing department store cut its quarterly losses in half and announced that it would ...

Philippe Delpal

August 15, 2019

Russian court puts French investor under house arrests

A Moscow court has put a jailed French investor under house arrest. The Moscow City Court ruled on Thursday to place Philippe ...

Benny Tai

August 15, 2019

Hong Kong police: not aware of any military plans by China

Three senior Hong Kong police officers said Thursday that they are not aware of any plans for Chinese forces to join efforts ...

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