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Economy News

May 21, 2019
Powell says he sees 'moderate' risk from corporate debt
Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt ...
May 21, 2019
American Airlines sues unions, accusing workers of slowdown
American Airlines is accusing its mechanics and their unions of conducting an illegal work slowdown to gain leverage in ...
Jim Hackett
May 20, 2019
Seeing a twisting road ahead, Ford cuts 7K white-collar jobs
Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous ...
May 20, 2019
Markets Right Now: Stocks close lower as chipmakers slump
The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing lower on Wall Street Monday ...
May 20, 2019
Technology stocks push the market lower, extending losses
Technology companies led a broad slide in stocks Monday afternoon on Wall Street, extending the market's losses into another ...
May 20, 2019
Journalists quit Russia's leading business daily over report
Leading journalists at Russia's main business daily newspaper say they have been forced to quit over an article that ...
May 20, 2019
Spain: 4 arrests in Venezuelan money laundering probe
Spanish police say they have arrested four people as part of a judicial probe into a money laundering racket allegedly ...
May 20, 2019
Need to learn more about business? You have many options
Many small business owners who never went to business school feel at a loss when they're trying to assess their companies' ...
Volodymyr Zelenskiy
May 20, 2019
The Latest: Ukraine prime minister to quit in symbolic move
The Latest on Ukrainian politics (all times local): 6 p.m. Ukraine's prime minister says he will resign in a largely symbolic ...
May 20, 2019
German central bank expects feeble growth in second quarter
Germany's central bank says it expects the country's economy, Europe's biggest, to turn in a feeble performance in the ...
May 20, 2019
Ryanair warns Boeing grounding is hurting business
Budget airline Ryanair says its profit fell 29% last year and warns that the grounding of Boeing's 737 Max planes will limit ...
May 20, 2019
Anti-arms trade protests as Saudi freighter docks in Italy
A Saudi Arabian freighter allegedly carrying weapons that could be used in the war in Yemen has docked at the Italian port ...
May 20, 2019
Japan economy expands 2%, 2nd straight quarter of growth
Japan's economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion, ...
May 20, 2019
Japanese space startup aims to compete with US rivals
A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete ...
May 19, 2019
UAE energy minister hints at support for oil production cuts
The United Arab Emirates' energy minister said Sunday he does not think oil producing nations should relax the production ...
May 19, 2019
Defunct steelmaker's 21-story headquarters imploded
Sixteen thousand tons of Bethlehem Steel collapsed in a matter of seconds Sunday as a demolition crew imploded Martin Tower, ...
May 19, 2019
UK leader promises a 'bold offer' on Brexit deal
British Prime Minister Theresa May plans a "bold offer" to Parliament to win support for her Brexit deal, urging lawmakers ...
May 18, 2019
Flooding disrupts farm shipments on the Mississippi River
Normally this time of year, huge barges can be seen chugging up the Mississippi River, carrying millions of tons of grain to ...
May 18, 2019
Luckin, a Starbucks rival in China, rises in US stock debut
Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday.
May 17, 2019
Amazon takes top stake in UK food delivery firm Deliveroo
Amazon is investing in British meal delivery company Deliveroo, giving the online shopping behemoth a larger stake in the ...
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