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Economy News

December 06, 2019
Hitting the plastic: US credit card use jumped in October
U.S. consumers ramped up their credit card spending in October. The Federal Reserve said Friday that total consumer borrowing ...
December 06, 2019
Stocks jump as November jobs growth blows past forecasts
Stocks marched broadly higher on Wall Street in afternoon trading Friday after the government reported that employers added ...
December 06, 2019
Amazon says delivery times back to normal after delays
Amazon said Friday that it's back to delivering its packages on time after bad weather and a rush of orders caused some ...
December 06, 2019
GOP Rep. pitches LGBTQ rights bill with religious exemptions
As Democrats champion anti-discrimination protections for the LGBTQ community and Republicans counter with worries about ...
December 06, 2019
US gains a robust 266,000 jobs; unemployment falls to 3.5%
Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off trade ...
December 06, 2019
Andrew Yang: Trump is not cause of our problems
Democratic presidential candidate Andrew Yang tells the AP his "21st century" modern campaign is reaching voters through ...
December 06, 2019
UN office: Iranian forces were ‘shooting to kill’ protesters
Iranian security forces were “shooting to kill” in their deadly crackdown against protesters in recent weeks, according to ...
December 05, 2019
United's Kirby to take over for CEO Oscar Munoz
Three years after being dumped by a rival, Scott Kirby will become the next CEO of United Airlines, where he has played a key ...
December 05, 2019
US trade gap narrows as imports fall amid China conflict
The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with ...
December 05, 2019
Boeing tries to reassure airline industry leaders about Max
Boeing is reassuring airline industry leaders about the safety of the grounded 737 Max as it continues working to get the ...
December 05, 2019
Saudi Aramco plans $25.6B share sale in biggest ever IPO
Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — ...
December 05, 2019
US long-term mortgage rates steady; 30-year loan at 3.68%
U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low ...
December 05, 2019
Voluntary evacuation order issued in Texas city after blasts
Concerns over air quality have prompted a voluntary evacuation order in a Texas Gulf Coast city where a pair of chemical ...
December 05, 2019
Poland says it foiled $517 million cocaine smuggling plan
Poland’s prime minister says the nation’s security services have foiled a $517 million (467 million euros) plan to smuggle ...
December 05, 2019
The Latest: French protesters set fires amid strikes
The Latest on strikes in France (all times local): 3:45 p.m. Small groups of protesters are hurling flares, smashing store ...
December 05, 2019
Pirates attack ship off Nigeria, take 19 of crew hostage
Pirates boarded a Greek-owned oil tanker off Nigeria and kidnapped 19 Indian and Turkish crew members in what have become the ...
December 05, 2019
Belarus’ leader vows the country won’t become part of Russia
The president of Belarus vowed again Friday that his country will not become a part of Russia, ahead of discussions this ...
December 05, 2019
Boeing chief engineer who defended Max airliner is retiring
The Boeing engineer who has played a key role in the company's response to the grounding of the 737 Max is retiring.
December 05, 2019
Deadly defect found in another version of Takata airbags
A new and distinct problem has been discovered in air bags made by the now bankrupt company Takata which has led to at least ...
December 04, 2019
Local union leaders send Fiat Chrysler contract to members
Union leaders from Fiat Chrysler factories are sending a new four-year contract to a membership vote. The 47,000 members of ...
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