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Economy News

October 21, 2021
Existing home sales surge as interest rates point higher
Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as worries about ...
October 21, 2021
Tech leads stocks lower in early trading on Wall Street
Stocks are off to a mostly lower start on Wall Street Thursday, a day after the S&P 500 and the Dow Jones Industrials ...
October 21, 2021
Facebook says it will pay French publishers for news content
Facebook said Thursday that it has struck a deal with a group of French publishers to pay for links to their news stories ...
October 21, 2021
China boots Caixin financial news from approved media list
China’s leading financial magazine has been dropped from an official list of outlets websites can republish, reducing the ...
October 21, 2021
Trump announces launch of media company, social media site
Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President ...
October 21, 2021
Trump announces launch of his very own social media site
Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President ...
October 21, 2021
Struggling Chinese developer calls off $2.6B asset sale
A major Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt rattled financial ...
October 21, 2021
Tesla hits record profit despite parts shortage, ship delays
Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the ...
October 21, 2021
Home in Scranton, Biden plugs $2T plan to revive US
President Joe Biden returned to his birthplace of Scranton, Pennsylvania Wednesday to push his $2 trillion domestic spending ...
October 21, 2021
CSX 3Q railroad profit jumps 32% as volume grows 3%
CSX delivered a 32% jump in third-quarter profit as the volume of goods it hauled increased even beyond last fall’s strong ...
October 20, 2021
Fed survey finds economy facing supply chain, other drags
The Federal Reserve reports that the economy faced a number of headwinds at the start of this month, ranging from ...
October 20, 2021
Asian stocks mixed after Wall Street rises for 5th day
Asian stocks rose Wednesday after Wall Street advanced for a fifth day on strong corporate earnings. Shanghai, Tokyo, Hong ...
October 20, 2021
Hezbollah brag of 100,000-strong force aimed at foes at home
A boast by the leader of Hezbollah that he commands 100,000 fighters came as a surprise to many Lebanese, not least because ...
October 20, 2021
US: Couple accused in submarine espionage case indicted
A Maryland couple arrested earlier this month on charges of trying to sell information about nuclear-powered warships to a ...
October 20, 2021
Canadian National CEO retiring in face of investor pressure
Canadian National's CEO is retiring instead of staying to fight against an investor who has been pushing for his ouster.
October 19, 2021
US home construction declines 1.6% in September
U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks. The Commerce ...
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October 19, 2021
Spain makes it easier for young migrants to legalize status
Spain is smoothing the path for unaccompanied young migrants to obtain residence and work permits, with around 15,000 ...
October 19, 2021
UN: 10,000 children killed or maimed during Yemen's long war
More than 10,000 children in Yemen have been killed or injured in violence linked to years of war in the impoverished ...
October 19, 2021
Asian stocks higher as investors watch corporate earnings
European stocks opened lower while Asian markets advanced Tuesday as investors waited for U.S. corporate results to see how ...
October 19, 2021
DC suspends most of its Metro trains over safety issue
Washington's regional Metro system abruptly pulled more than half its fleet of trains from service early Monday morning over ...
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