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Economy News

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

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 ...

September 22, 2021

Existing US home sales fell in August, price growth slows

Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing ...

September 22, 2021

US sues to stop deal between American Airlines and JetBlue

The Justice Department and officials in six states have filed a lawsuit to block a partnership formed by American Airlines ...

September 22, 2021

Tight job market is causing costs to rise at FedEx

FedEx is getting hurt by the tight job market. The package delivery company said Tuesday that its costs are up $450 million ...

September 21, 2021

UK energy crisis: Govt in CO2 deal to avert food shortages

The British government agreed Tuesday to support an American-owned firm that produces much of the U.K.'s carbon dioxide, a ...

September 21, 2021

Merkel seeks to boost Laschet in close German election race

Outgoing Chancellor Angela Merkel sought to boost struggling would-be successor Armin Laschet on Tuesday in the tight race ...

September 21, 2021

Alitalia's final weeks flying marked by protests, apologies

Italy’s failing national airline Alitalia told passengers on Tuesday to just bring a single piece of hand luggage when ...

September 21, 2021

As Merkel bids farewell, German women wish for more equality

Angela Merkel, Germany's first female chancellor, has been praised by many for her pragmatic leadership in a turbulent world ...

September 21, 2021

Twitter to pay $809.5 million to settle shareholder lawsuit

Twitter said Monday it will pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled ...

September 20, 2021

Rome court rejects Venezuela extradition bid for ex-oil czar

A Rome court has rejected a request by Venezuela to extradite its former oil czar to face corruption charges, citing the ...

September 20, 2021

Re-defining 'racial equity' may increase donations for it

Though last year's racial justice protests unleashed an avalanche of donations for minority causes, the philanthropic ...

September 20, 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 18, 2021

SpaceX crew plays Ukuele in space

SpaceX got its all-amateur crew into orbit following Wednesday night's launch from NASA's Kennedy Space Center.

September 17, 2021

Retailers using luxury to draw mall shoppers

Shopping mall developers focus on luxury brands and entertainment to draw customers.

September 16, 2021

Biden: We are at an inflection point right now

President Joe Biden says the country is at an "inflection point" and we need to set the country on a new path where everyone ...

September 16, 2021

Albania claims global leadership for women in government

Albania’s parliament was to vote late Thursday to approve the new, female-dominated cabinet of Prime Minister Edi Rama, with ...

September 16, 2021

AP Top Stories September 16 A

Here are the top stories for Thursday, September 16th: North Korea launches missiles from a train; Impoverished Afghans ...

September 16, 2021

Cuba opens door to more private business, but red tape looms

Opening a small business is a bureaucratic headache in many parts of the world. In Cuba, it's an adventure in largely unknown ...

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