Economy News

September 26, 2017

Sales of new US homes fell 3.4 percent in August

Sales of new U.S. homes slumped 3.4 percent in August, the second straight monthly decline. The Commerce Department said ...

September 26, 2017

Long-time Kohl's CEO Kevin Mansell to retire

Kohl's long-time CEO Kevin Mansell is retiring and will be replaced by Michelle Gass, a former Starbucks executive who has ...

September 26, 2017

Are you watching, Germany? Dutch still trying to form a govt

If Angela Merkel wants to see how tough it can be to form a multiparty government, the German chancellor need only look ...

September 26, 2017

China postpones food import controls after global outcry

China has delayed enforcing sweeping new controls on food imports following complaints by the United States, Europe and other ...

September 26, 2017

ADB raises Asia growth forecast as global conditions improve

The Asian Development Bank raised its growth forecast Tuesday for Asia's developing economies because global trade and ...

September 26, 2017

Puerto Rico is in the dark in wake of Hurricane Maria

Every night since Hurricane Maria hit, Miguel Martinez and his family have slept on mattresses on the porch to escape the ...

September 26, 2017

Bass Pro completes $4 billion acquisition of Cabela's

Bass Pro Shops' roughly $4 billion acquisition of rival outdoor retailer Cabela's is complete, but the small western Nebraska ...

September 25, 2017

Protesters Removed From Senate Health Hearing

Protesters chanting "No cuts for Medicaid, save our liberty!" were forcibly removed from the Senate Finance Committee room ...

September 25, 2017

Raycom Media, Community Newspaper Holdings announce merger

Two media organizations that own dozens of newspapers and television stations across the nation are announcing a merger.

September 25, 2017

US-backed forces say Russia attacked them in eastern Syria

U.S.-backed forces in eastern Syria say Russia bombed their positions on Monday in a major natural gas field they recently ...

September 25, 2017

AP to enhance fact checks with $245,000 from Knight

The Associated Press is joining with the John S. and James L. Knight Foundation to expand its fact-checking efforts and ...

September 25, 2017

Convicted Craigslist killer appeals death sentence

A man convicted of killing three down-and-out men lured by bogus Craigslist job offers is appealing his death sentence to ...

September 25, 2017

Graft accusations made against Chinese insurance regulator

A corruption case against China's former insurance regulator, the highest-ranking figure in Chinese finance to be snared in ...

September 24, 2017

Anti-govt pastor in Zimbabwe arrested for video of shortages

Police in Zimbabwe have arrested an anti-government pastor after he circulated videos highlighting the country's worsening ...

September 24, 2017

Price to stop private plane use on business during review

Health and Human Services Secretary Tom Price said Saturday he will stop flying private planes on official business while an ...

September 23, 2017

Oversight panel: Nuclear lab workers violated safety rules

A national laboratory's workers producing a shell for a triggering device for nuclear weapons violated safety rules in August ...

September 23, 2017

Facebook nixes plan for new stock class ahead of court fight

Mark Zuckerberg said Friday that Facebook is withdrawing plans to create a new class of stock that would have let him keep ...

September 23, 2017

Investigators reviewing HHS chief's private charter flights

Federal investigators are examining Health and Human Services Secretary Tom Price's recent use of costly charter flights on ...

September 22, 2017

Hurricane pushes long-suffering Puerto Rico to the edge

A tired and discouraged Rosa Maria Almonte cleaned steel pots with bleach inside her darkened cafe as her daughter cooked up ...