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Economy News

August 20, 2019
Committee to handle state-owned Dubai developer's disputes
Dubai says it has set up a special committee to "resolve multiple disputes" involving a government-owned developer as it ...
August 20, 2019
New Argentina treasury minister guarantees peso stability
Argentina will guarantee the stability of the peso after the local currency's recent crash and the government will meet its ...
August 20, 2019
Home Depot cuts outlook citing tariffs, lumber prices
Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of ...
Jamie Dimon
August 20, 2019
Top US CEOs rethink the meaning of shareholder value
The "shareholder comes first" has for years been the mantra of the Business Roundtable, a group that represents the most ...
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August 20, 2019
Celebrities part owners of Seattle soccer team
New Seattle Sounders part owners Russell Wilson, Ciara and Macklemore discuss joining the ownership group of Seattle's MLS ...
August 19, 2019
Markets Right Now: Stocks rise again, led by technology
The latest on developments in financial markets (all times local): 4 p.m. Stocks are notching their third gain in a row, ...
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August 19, 2019
Pence touts economy despite recession fears
Vice President Mike Pence praises the economy during a speech in Detroit without making reference to fears of a possible ...
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August 19, 2019
Where'd the stocks go? NASDAQ CEO on Market Shrink
The stock market is a much less crowded party than it used to be. NASDAQ CEO Adena Friedman says these days more companies ...
August 19, 2019
Lithuania to buy iodine tables as Belarus plans power plant
The Lithuanian government says it has decided to purchase more than 4 million iodine tablets, estimated to be worth 900,000 ...
August 19, 2019
Hong Kong bakery's mooncakes carry protest movement slogans
A Hong Kong bakery is doing its part to support the city's pro-democracy protest movement by making mooncakes with a message.
August 18, 2019
Tesla restarts its solar-panel business, offers rental plans
Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc.
Peter Mazza
August 18, 2019
Trade war's losers could include microchips, energy, banks
Looking across the stock market, it's hard to find a company that isn't vulnerable in some degree to the U.S.-China trade war
August 17, 2019
Yemen rebel drone attack targets remote Saudi oil field
Drones launched by Yemen's Houthi rebels attacked a massive oil and gas field deep inside Saudi Arabia's sprawling desert on ...
Peter Tuchman
August 17, 2019
Stock market gyrates as the economic picture gets blurred
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors ...
August 17, 2019
Ivanka Trump adds Colombia to upcoming South America trip
Ivanka Trump is adding a stop in Colombia to a previously announced trip to South America in September to focus on the ...
August 16, 2019
Trump appoints student loan industry exec to watchdog job
The Trump administration has hired a longtime student loan industry executive to be the federal government's top watchdog for ...
new homes, construction
August 16, 2019
US home building fell 4% in July, slowing housing market
The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a ...
August 16, 2019
Flooding, a trade war and Deere cuts outlook again
Deere & Co. cut its profit expectations for the second time this year as beleaguered farmers and an escalating trade war with ...
John Slosar, Ivan Chu, Rupert Hogg
August 16, 2019
Cathay Pacific CEO resigns after Beijing pressure
The CEO of Cathay Pacific Airways, one of Hong Kong's most prominent companies, resigned Friday following pressure by Beijing ...
August 16, 2019
The Latest: Protesters, police clash in Zimbabwe's capital
The Latest on Zimbabwe's anti-government demonstration (all times local): 11:05 a.m. Police are clashing with a few hundred ...
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