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Economy News

Low US unemployment rate masks financial struggles for many

Despite an ultra-low 3.9 percent unemployment rate, about one-third of U.S. adults faced financial insecurity last year and ...

Atlantic City Q1 casino earnings down nearly 12 percent

Atlantic City's seven casinos all remained profitable during the first quarter of this year, but those profits are shrinking ...

Stacey Cunningham

For the first time in 226 years, woman to lead the NYSE

The New York Stock Exchange for the first time in its 226-year history will be led by a woman. Stacey Cunningham, who started ...

Sweet for Necco: 3 new bidders emerge in wafer maker's sale

Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic ...

Branson-owned health company to merge with its rival

An employee well-being company owned by British billionaire Richard Branson says it will merge with its rival and make ...

J.C. Penney CEO Ellison departs for Lowe's

J.C. Penney CEO Marvin Ellison, a former Home Depot executive, is leaving the department store chain after less than four ...

Najib Razak

Former Malaysian leader Najib grilled by anti-graft agency

Former Malaysian Prime Minister Najib Razak was grilled for more than four hours Tuesday over a corruption scandal that could ...

Vegas casino workers to vote on strike that could cost city

Tens of thousands of casino workers in Las Vegas whose contracts expire next week planned to vote Tuesday on whether to ...

New York Stock Exchange names first female leader

The New York Stock Exchange has named its first female leader in the history of the 226-year-old exchange. The parent company ...

Survey asks why young people stay in, leave New Hampshire

Fewer than half of New Hampshire residents ages 20 to 40 say they probably or definitely will remain in the state for the ...

Divided Supreme Court sides with businesses over workers

A divided Supreme Court ruled Monday that businesses can prohibit their workers from banding together in disputes over pay ...

General Electric continues transformation; $11B rail deal

General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion ...

Fifth Third spends $4.7 billion for Chicago's MB Financial

Fifth Third Bancorp is buying Chicago's MB Financial for about $4.7 billion, mostly in stock. MB Financial Inc., the parent ...

Asian markets higher as US, China put trade war on hold

Asian stock markets were higher on Monday as investors cheered the outcome of negotiations between the United States and ...

Trump Jr. met with Mueller witness during campaign

Donald Trump Jr. met during the 2016 campaign with a private military contractor and an adviser to Middle Eastern leaders, ...

Police: 2 arrests in fatal shooting after Georgia graduation

Police announced the arrests of two people Saturday in a fatal shooting outside a high school graduation ceremony in Georgia.

Powerful, unpopular Venezuela leader faces opposition foes

Here's a look at Venezuelan President Nicolas Maduro and the two opposition candidates he faces in Sunday's election: ___ ...

Beijing showing signs of compromise in trade talks with US

China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war ...

Denise Morrison

Campbell Soup CEO out, steel tariffs to bite soon

The top executive at Campbell Soup will retire and the company is undergoing a strategic review as it tries to revive sales ...

Mercer sisters liquidate beleaguered Cambridge Analytica

Jennifer and Rebekah Mercer, daughters of Republican mega-donor Robert Mercer, are liquidating Cambridge Analytica, the ...

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