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Economy News

May 22, 2019
Report: Many Uber, Lyft drivers fail to respond to recalls
One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, ...
May 21, 2019
Tesla reduces prices on Models S and X amid stock slump
Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether ...
May 21, 2019
Department stores woes reflected in latest batch of results
The outlook for department stores grew murkier Tuesday after J.C. Penney, Kohl's and Nordstrom reported fiscal first quarter ...
May 21, 2019
Vermont attorney general sues owners of opioid manufacturer
Vermont Attorney General T.J. Donovan says he's filed suit against eight members of the family that owns the drug company ...
Joe Biden
May 21, 2019
Biden finds unexpected success with low-dollar donors
Joe Biden is finding unexpected online fundraising success from low-dollar donors, with more than 97% of his contributions ...
May 21, 2019
About 1,000 commuters spend hours trapped in Moscow subway
About 1,000 commuters have been trapped in a Moscow subway for several hours because of a power outage. Moscow's subway said ...
May 21, 2019
Markets Right Now: Tech rebound powers Wall Street gains
The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher on Wall Street Tuesday ...
May 21, 2019
The Latest: Lawmakers to get vote on new Brexit referendum
The Latest on Britain's political debate as it attempts to leave the European Union (all times local): 4:30 p.m.
May 21, 2019
US home sales fell 0.4% in April amid limited supply
U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter ...
May 21, 2019
Home Depot posts strong profit, revenue
Home Depot reported better than expected profit and revenue for the first quarter despite a damp start to 2019.
May 21, 2019
New Zealand crews reenter coal mine 8 years after 29 killed
Crews in New Zealand on Tuesday reentered an underground coal mine where a methane explosion killed 29 workers more than ...
Jim Hackett
May 21, 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 ...
Jerome Powell
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 ...
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 ...
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