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Economy News

November 15, 2019
Nation’s largest utility in long-term deals to sell power
Most of the local companies that receive power generated by the Tennessee Valley Authority have signed long-term partnership ...
November 14, 2019
WeWork loses $1.25 billion in third quarter
WeWork racked up $1.25 billion in losses in the third quarter as it geared up for, and ultimately scuttled, its debut as a ...
November 14, 2019
Disney Plus adds disclaimer about racist movie stereotypes
Disney’s new streaming service has added a disclaimer to "Dumbo," “Peter Pan” and other classics because they depict racist ...
November 14, 2019
Energy nominee distances himself from Ukraine investigation
The deputy to outgoing Energy Secretary Rick Perry told lawmakers Thursday that he had no role in the Ukraine matters now at ...
November 14, 2019
US long-term mortgage rates rise; 30-year at 3.75%
U.S. long-term mortgage rates rose this week amid optimism over prospects for the U.S. economy. Rates remain at historically ...
November 14, 2019
Walmart offers holiday cheer as traditional peers struggle
Walmart is offering some holiday cheer heading into the crucial Christmas shopping season even as many of its traditional ...
November 14, 2019
Norway fund blacklists security firm G4S over rights worries
Norway's sovereign wealth fund says it is banning all financial holdings in British security services company G4S due to the ...
November 14, 2019
US producer prices up 0.4% in October
U.S. producer prices rose 0.4% in October, the biggest jump in six months, reflecting a surge in energy costs. The Labor ...
November 14, 2019
Santa Claus back at work in Germany answering Christmas mail
Santa Claus is at it again, answering thousands of Christmas letters from children around the world at a special post office ...
November 14, 2019
10 Things to Know for Today
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. A NEW REVEAL FROM ...
November 14, 2019
The Latest: UK won’t name new EU commissioner
The Latest on Britain’s Brexit-dominated election and its impending departure from the European Union (all times local): ...
November 14, 2019
German economy grows slightly in 3Q, staving off recession
Germany’s gross domestic product returned to modest growth in the third quarter, the Federal Statistical Office reported ...
November 13, 2019
GOP questions diplomats about Bidens, Burisma
Republicans put a spotlight on former Vice President Joe Biden, and his son, Hunter Biden, as the GOP questioned two top ...
November 13, 2019
Fed Chair sees growth, signals pause in rate cuts
Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace. Powell also said the Fed ...
November 13, 2019
Nike cuts ties with Amazon, but shoes won’t vanish from site
Nike will stop selling its sneakers and athletic gear directly to Amazon, ending a two-year relationship with the world’s ...
November 13, 2019
US consumer prices up 0.4% in October; gasoline prices surge
Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March. The Labor Department ...
November 13, 2019
Afghan officials: Kabul car bomb killed 12, including kids
A car bombing in Kabul during morning rush hour Wednesday targeted a private security company's convoy, with officials later ...
November 13, 2019
Chinese buyer of British Steel looks to grow abroad
Jingye Group's purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home ...
November 13, 2019
Supreme Court lets Sandy Hook shooting lawsuit go forward
The Supreme Court said Tuesday that a survivor and relatives of victims of the Sandy Hook Elementary School shooting can ...
November 13, 2019
Army's use of TikTok app raises concerns on Capitol Hill
The Army's use of a China-owned video app called TikTok as part of a new campaign to recruit young people into the service ...
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