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Economy News

September 28, 2021

German lawmakers meet to mull fallout from election

Germany's newly elected lawmakers are holding their first meetings on Tuesday as their parties digest the fallout of the ...

September 28, 2021

US safety officials begin probe of Amtrak derailment

An Amtrak train that derailed in Montana on Saturday was going just under the speed limit at about 75 mph when it went off ...

September 28, 2021

Beyond, Impossible join crowded plant-based chicken market

Beyond Meat and Impossible Foods found success with realistic plant-based burgers. Now, they're hoping to replicate that in ...

September 27, 2021

WH: What we are trying to do in Congress 'is hard'

The White House says President Joe Biden knows getting his agenda through Congress "is hard" but he is determined to work ...

September 27, 2021

EXPLAINER: Why coffee could cost more at groceries, cafes

As if a cup of coffee wasn’t expensive enough, a confluence of factors is driving up farmers' costs to grow the beans and it ...

September 27, 2021

India's farmers renew protests, challenging Modi

Thousands of Indian farmers blocked traffic on major roads and railway tracks outside of the nation's capital on Monday, ...

September 27, 2021

The Latest: Social Democrats beat Merkel bloc in German vote

The latest on Germany's general election on Sunday: The center-left Social Democrats have won the biggest share of the vote ...

September 27, 2021

UK gas stations run dry as trucker shortage sparks hoarding

Thousands of British gas stations ran dry Sunday, an industry group said, as motorists scrambled to fill up amid a supply ...

September 26, 2021

Nebraska billionaire, philanthropist Walter Scott dies at 90

Billionaire Walter Scott, the past top executive of Peter Kiewit Sons Inc. construction firm who helped oversee Warren ...

September 25, 2021

PG&E charged in California wildfire last year that killed 4

Pacific Gas & Electric was charged Friday with involuntary manslaughter and other crimes after its equipment sparked a ...

September 24, 2021

House Jan. 6 panel subpoenas Trump associates

A House committee investigating the Jan. 6 insurrection at the U.S. Capitol is demanding records and testimony from four ...

September 24, 2021

House votes to counter abortion rights challenges

The House passed legislation Friday that would guarantee a woman's right to an abortion, an effort by Democrats to circumvent ...

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September 24, 2021

China's HNA Group says chairman, CEO detained by police

The chairman and CEO of HNA Group, the Chinese airline operator that ran into financial trouble following a global ...

September 23, 2021

US long-term mortgage rates up slightly; 30-year at 2.88%

Average long-term mortgage rates rose slightly this week continuing a months-long trend of little movement. They remained ...

September 23, 2021

Inflation forces homebuilders to take it slow, raise prices

Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly ...

September 23, 2021

Southern California ports see backlog of cargo ships

Dozens of cargo ships wait outside ports near Los Angeles as import demands surge amid easing pandemic restrictions.

September 23, 2021

Fears of global shockwaves from Chinese builder's debts ease

Fears that a Chinese real estate developer’s possible default on multibillion-dollar debts might send shockwaves through ...

September 23, 2021

Dubai real-estate firm DAMAC approved to take firm private

A Dubai real-estate company known for its deals with former President Donald Trump said Thursday it had received regulator ...

September 23, 2021

Facebook tech chief Mike Schroepfer to step down

Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time ...

September 22, 2021

McConnell refuses to help raise federal debt limit

Senate Republican leader Mitch McConnell is refusing to offer Democrats any help in raising the federal debt limit — though ...

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