Economy News

January 16, 2019

Venezuela's opposition outlines roadmap for power transfer

Venezuela's opposition-controlled congress has declared President Nicolas Maduro "illegitimate," moving a step closer to ...

January 16, 2019

Asian stocks mixed on poor Japanese data, growth fears

Asian markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading.

January 16, 2019

The Latest: Macron tells Britain "good luck" with Brexit

The Latest on Britain's exit from the European Union (all times local): 10:15 p.m. French President Emmanuel Macron is ...

January 16, 2019

No-shows for auto shows? Detroit and others aim to retool

At first glance, this year's edition of the North American International Auto Show might look like any other from the past: ...

January 16, 2019

United Airlines posts smaller profit but tops expectations

United Airlines reported Tuesday that its fourth-quarter profit slipped 20 percent due to higher fuel and labor costs, but ...

January 15, 2019

Ivanka Trump to work on World Bank president search

The White House says Ivanka Trump will take part in the nomination process for a new head of the World Bank. The senior ...

January 15, 2019

Delta says shutdown is costing $25M in January revenue

Delta Air Lines expects to lose $25 million in revenue this month from the partial government shutdown that is also creating ...

January 15, 2019

Board seeks to invalidate $6B worth of Puerto Rico's debt

A federal control board that oversees Puerto Rico's finances is asking a court to invalidate more than $6 billion worth of ...

January 15, 2019

Similar struggles have led to recent teacher strikes in US

The setting is different, but the complaints of teachers who are out on strike Tuesday in Los Angeles are echoing those heard ...

January 15, 2019

Explaining the border 'backstop' that halted Brexit deal

Much of the stated opposition to Prime Minister Theresa May's divorce deal with the European Union centered on the "backstop.

January 15, 2019

Parents wonder if kids are learning amid Los Angeles strike

Teachers in the huge Los Angeles Unified School District walked picket lines again Tuesday as administrators urged them to ...

January 15, 2019

UnitedHealth shares climb after 4Q earnings beat

UnitedHealth's fourth-quarter earnings slid 16 percent from last year, when a federal tax overhaul helped the nation's ...

January 15, 2019

US wholesale prices fell 0.2 percent in December

U.S. wholesale prices fell last month, dragged down by a steep drop in gas costs, suggesting that inflation will remain tame ...

January 15, 2019

German economy slowed in 2018, adding to global concerns

Germany's economic growth slowed in 2018 to the weakest rate in five years, adding to worries about a global downturn and the ...

January 15, 2019

Strike by German airport security staff causes travel chaos

A strike by security staff at eight German airports on Tuesday is causing travel chaos for tens of thousands of travelers.

January 15, 2019

Tokyo court denies bail to Nissan's ex-chair Carlos Ghosn

The Tokyo District Court turned down a request by Nissan's former chairman Carlos Ghosn for release on bail Tuesday, ...

January 15, 2019

Asian shares recover as China outlines 2019 policy plans

Asian markets bounced back from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes ...

January 15, 2019

Company known for deep cost-cutting offers to buy Gannett

A hedge fund-backed bid to buy Gannett Co., the publisher of USA Today and several other major dailies, is renewing fears of ...

January 15, 2019

Utility seeks bankruptcy protection over California fires

The nation's largest utility said Monday it is filing for Chapter 11 bankruptcy because it faces at least $30 billion in ...