Economy News

November 24, 2020

Best Buy reports 3Q results that exceed Wall Street views

Best Buy Co. reported fiscal third-quarter results that blew through analysts' expectations as the nation's largest consumer ...

November 24, 2020

Approval for transition gives Biden team access to resources

The federal government is set to begin working with President-elect Joe Biden's transition team now that the head of the ...

November 24, 2020

AP Top Stories Nov. 23 P

Here are the top stories for Monday, Nov. 23: Biden looks to Obama veterans for key staff picks; States move ahead with ...

November 23, 2020

GM to recall 7M vehicles globally to replace Takata air bags

General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air ...

November 23, 2020

Rights experts: Japan's handling of Carlos Ghosn was wrong

A panel of human rights experts working with the United Nations said Monday that former Renault-Nissan boss Carlos Ghosn was ...

November 21, 2020

Georgia governor certifies electors for Biden

Georgia’s governor has certified results showing Joe Biden won the presidential race over President Donald Trump. But the ...

November 19, 2020

Existing home sales up 4.3% in October, fifth monthly gain

Sales of existing homes rose for a fifth straight month in October, reaching a level not seen since before the housing bubble ...

November 19, 2020

Passengers recall gunman's dramatic capture at Paris trial

One of the passengers who wrestled and disarmed an Islamic State gunman aboard a high-speed train, foiling what could have ...

November 18, 2020

Car sales slump again in Europe amid renewed restrictions

After a one-month reprieve, passenger car sales in Europe slumped again in October amid new restrictions in many countries ...

November 17, 2020

Fed's Brainard urges greater diversity in field of economics

A Federal Reserve official widely considered a front-runner to be tapped as President-elect Joe Biden's Treasury Secretary ...

November 17, 2020

SpaceX capsule with 4 crew reaches Space Station

Four new crew members, three Americans and one from Japan, boarded the International Space Station Tuesday after arriving ...

November 17, 2020

Ex-Harvard coach, father charged in $1.5M admissions scam

The former fencing coach at Harvard and a wealthy Maryland businessman were arrested Monday on accusations that the coach ...

November 16, 2020

Government furthers investigation into Tesla camera failures

U.S. safety regulators are continuing their investigation into complaints that Tesla's giant touch screens can fail and cause ...

November 16, 2020

Spectators watch 2nd crewed SpaceX launch

Spectators at Space View Park in Titusville cheered as Falcon rocket thundered into the night from NASA's Kennedy Space ...

November 15, 2020

Diplomats: Rockets fired at Eritrea amid Ethiopian conflict

Rockets were fired at Eritrea's capital on Saturday, diplomats said, as the deadly fighting in Ethiopia's northern Tigray ...

November 13, 2020

2 workers dead in veterans hospital blast

Two workers have been killed in an explosion while repairing a steam pipe in a maintenance building at a Veterans Affairs ...

November 13, 2020

Outrage in Belarus, EU after opposition supporter death

Thousands of people rallied in Belarus on Friday following the death of a 31-year-old opposition supporter who reportedly was ...

November 13, 2020

Proposed $3.3B gasoline plant in southern Arizona halted

Construction of a proposed gasoline plant in southern Arizona that would have generated more than 2,000 jobs has been halted ...

November 12, 2020

Senate likely to vote on controversial Fed pick next week

President Donald Trump's unorthodox choice for the Federal Reserve Board of Governors, Judy Shelton, could be approved by the ...

November 12, 2020

Mutual of Omaha replaces Indian chief logo with African lion

Mutual of Omaha on Thursday unveiled a new corporate logo depicting an African lion, replacing the Indian chief head that had ...