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Economy News

September 23, 2017
Facebook nixes plan for new stock class ahead of court fight
Mark Zuckerberg said Friday that Facebook is withdrawing plans to create a new class of stock that would have let him keep ...
Tom Price
September 23, 2017
Investigators reviewing HHS chief's private charter flights
Federal investigators are examining Health and Human Services Secretary Tom Price's recent use of costly charter flights on ...
September 22, 2017
Hurricane pushes long-suffering Puerto Rico to the edge
A tired and discouraged Rosa Maria Almonte cleaned steel pots with bleach inside her darkened cafe as her daughter cooked up ...
September 22, 2017
Not home? Walmart wants to walk in and stock your fridge
Would you be OK with letting a stranger into your house for the sake of convenience? Walmart is testing the idea with a new ...
September 22, 2017
LL Bean publishes outdoors ad only visible in the sunlight
If you want to see L.L. Bean's new ad, you're going to have to step outdoors. The company took its mission to get people ...
September 22, 2017
China criticizes S&P credit rating cut as 'wrong decision'
China's Finance Ministry on Friday criticized the cut in the Standard & Poor's rating agency's credit rating on Chinese ...
September 22, 2017
The Latest: S&P cuts Hong Kong rating after cutting China's
The Latest on Standard & Poor's cutting credit ratings for China (all times local): 12:30 p.m. The Standard & Poor's rating ...
Jay Clayton
September 22, 2017
SEC under fire for being hacked despite warnings on security
The Securities and Exchange Commission waited until Wednesday to disclose a hack of its corporate filing system that occurred ...
September 21, 2017
Original Trix, made with artificial colors, is coming back
Trix is back to its old tricks: The colorful cereal will once again be made with artificial dyes and flavors, nearly two ...
September 21, 2017
Federal employees ordered to attend anti-leaking classes
Employees at the Environmental Protection Agency are attending mandatory training sessions this week to reinforce their ...
Anthony Rinaldi
September 21, 2017
Surging stock market powers US wealth to $96.2 trillion
A healthy gain in the stock market and steadily increasing home prices boosted Americans' household wealth this spring, a ...
September 21, 2017
Bangladesh truck carrying Rohingya Muslim aid crashes; 9 die
A truck filled with aid for Rohingya Muslim refugees in Bangladesh veered off a road and fell into a ditch Thursday morning, ...
September 21, 2017
Toys R Us revs up for holiday hiring
Toys R Us may have filed for Chapter 11 reorganization, but the toy chain is revving up its holiday hiring. The Wayne, New ...
Jay Clayton
September 21, 2017
SEC reveals 2016 hack that breached its filing system
The Securities and Exchange Commission said Wednesday that a cyber breach of a filing system it uses may have provided the ...
September 21, 2017
Watchdog: Airfares for many travelers rise due to bag fees
Travelers who check at least one bag when flying domestically are paying more overall than they did before airlines began ...
Sheryl Sandberg
September 20, 2017
Facebook tightens ad policies after 'Jew-hater' fiasco
Facebook is apologizing for letting advertisers use phrases like "Jew-haters" as a targeting criteria and for not noticing ...
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September 20, 2017
AP Top Stories 20 P
Here are the latest stories for Wednesday, Sept. 20th: Maria weakens slightly, moves off Puerto Rico's coast; Rescuers search ...
Janet Yellen
September 20, 2017
Fed announces a start to modestly reducing its bond holdings
The Federal Reserve will begin shrinking the enormous portfolio of bonds that it amassed after the 2008 financial crisis to ...
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September 20, 2017
Trump Meets With UK's May on Trade, Security
President Donald Trump met Wednesday with British Prime Minister Theresa May Wednesday on the sidelines of the UN General ...
September 20, 2017
US home sales off 1.7 pct., hurt by Harvey and low supply
U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and a worsening shortage of ...
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