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Economy News

May 21, 2019
Department stores troubles rise on Penney's, Kohl's results
The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl's reported fiscal first quarter results that ...
May 21, 2019
Markets Right Now: Stock rise, led by rebound in tech shares
The latest on developments in financial markets (all times local): 11:55 a.m. Stocks are higher at midday on Wall Street ...
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 ...
May 20, 2019
German central bank expects feeble growth in second quarter
Germany's central bank says it expects the country's economy, Europe's biggest, to turn in a feeble performance in the ...
May 20, 2019
Ryanair warns Boeing grounding is hurting business
Budget airline Ryanair says its profit fell 29% last year and warns that the grounding of Boeing's 737 Max planes will limit ...
May 20, 2019
Anti-arms trade protests as Saudi freighter docks in Italy
A Saudi Arabian freighter allegedly carrying weapons that could be used in the war in Yemen has docked at the Italian port ...
May 20, 2019
Japan economy expands 2%, 2nd straight quarter of growth
Japan's economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion, ...
May 20, 2019
Japanese space startup aims to compete with US rivals
A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete ...
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