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Economy News

Embattled Brazilian president orders troops to restore order

Brazil's president ordered federal troops to restore order in the country's capital Wednesday after some ministries were ...

United CEO assures shareholders at meeting; workers protest

The CEO of United Airlines assured shareholders Wednesday that the company is doing all it can to be more customer-friendly ...

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United Airlines Protesters Arrested in Chicago

Police briefly detained about 30 protesters for blocking traffic outside a United Airlines shareholders meeting in Chicago ...

Fed minutes: Officials back reducing bond holdings this year

Federal Reserve officials signaled in discussions early this month that they would likely start reducing the Fed's huge ...

Consultant charged in scheme to trade US secrets for profit

A Washington consultant, three hedge fund workers and a government employee were blamed Wednesday by federal prosecutors for ...

Trump team eyes public asset sales to pay for infrastructure

The Trump administration is eyeing plans to encourage the sale of public assets, such as airports and bridges, to help pay ...

Lowe's

Lowe's weak quarter stands in contrast to rival Home Depot

Home-improvement retailer Lowe's posted a profit Wednesday that didn't impress Wall Street, results that came in stark ...

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Mulvaney Defends Budget's Social Programs Cuts

President Donald Trump's budget chief is defending the president's plans to cut social programs as a means to increase ...

Home sales fell in April amid supply squeeze

Americans pulled back their pace of home-buying in April, as the shrinking number of houses for sale and rising prices are ...

Lebanon renews Central Bank governor's term amid turbulence

The Lebanese government has reappointed Lebanon's long-serving Central Bank governor for another six year term. The renewal ...

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Trump’s Proposed Budget Cuts Come Under Fire

President Donald Trump's $4.1 trillion federal spending plan promising faster economic growth, but steep cuts to programs for ...

Parent company of DeVry University changing its name

The company that owns one of the nation's largest for-profit college chains is changing its name. DeVry Education Group, ...

China shuts only undersea coal mine amid production rebound

China is shutting down its only undersea coal mine, state-run newspapers reported Wednesday, as the government struggles to ...

Jury awards $256M to California auto dealer in Nissan suit

A jury has awarded nearly $256.5 million to a California auto dealership owner who claimed Nissan had a secret plan to put ...

The Latest: Jury awards $256M to auto dealer in Nissan suit

The Latest on a jury awarding more than $256 million in a lawsuit against Nissan (all times local): 3:15 p.m. Nissan says it ...

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McConnell: Trump Budget is 'Recommendation'

Senate Majority Leader Mitch McConnell is giving lukewarm support to President Donald Trump's FY2018 budget proposal, telling ...

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Democrats Harshly Criticize Trump's 2018 Budget

Congressional Democrats are harshly criticizing President Donald Trump's budget for 2018, saying it contradicts many of the ...

Only on AP: CEO pay climbed faster last year, up 8.5 percent

The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock ...

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Mulvaney: Trump's Budget Puts Taxpayers First

White House Budget Director Mick Mulvaney released President Donald Trump's $4.1 trillion spending plan Tuesday that relies ...

US new-home sales drop 11.4% in April, most in 2 years

U.S. sales of new homes last month registered the biggest drop in more than two years. The Commerce Department said Tuesday ...

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