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Economy News

September 22, 2017
China criticizes S&P credit rating cut as 'wrong decision'
China's Finance Ministry on Friday criticized the cut in the Standard & Poor's rating agency's credit rating on Chinese ...
September 22, 2017
The Latest: S&P cuts Hong Kong rating after cutting China's
The Latest on Standard & Poor's cutting credit ratings for China (all times local): 12:30 p.m. The Standard & Poor's rating ...
Jay Clayton
September 22, 2017
SEC under fire for being hacked despite warnings on security
The Securities and Exchange Commission waited until Wednesday to disclose a hack of its corporate filing system that occurred ...
September 21, 2017
Original Trix, made with artificial colors, is coming back
Trix is back to its old tricks: The colorful cereal will once again be made with artificial dyes and flavors, nearly two ...
September 21, 2017
Federal employees ordered to attend anti-leaking classes
Employees at the Environmental Protection Agency are attending mandatory training sessions this week to reinforce their ...
Anthony Rinaldi
September 21, 2017
Surging stock market powers US wealth to $96.2 trillion
A healthy gain in the stock market and steadily increasing home prices boosted Americans' household wealth this spring, a ...
September 21, 2017
Bangladesh truck carrying Rohingya Muslim aid crashes; 9 die
A truck filled with aid for Rohingya Muslim refugees in Bangladesh veered off a road and fell into a ditch Thursday morning, ...
September 21, 2017
Toys R Us revs up for holiday hiring
Toys R Us may have filed for Chapter 11 reorganization, but the toy chain is revving up its holiday hiring. The Wayne, New ...
Jay Clayton
September 21, 2017
SEC reveals 2016 hack that breached its filing system
The Securities and Exchange Commission said Wednesday that a cyber breach of a filing system it uses may have provided the ...
September 21, 2017
Watchdog: Airfares for many travelers rise due to bag fees
Travelers who check at least one bag when flying domestically are paying more overall than they did before airlines began ...
Sheryl Sandberg
September 20, 2017
Facebook tightens ad policies after 'Jew-hater' fiasco
Facebook is apologizing for letting advertisers use phrases like "Jew-haters" as a targeting criteria and for not noticing ...
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September 20, 2017
AP Top Stories 20 P
Here are the latest stories for Wednesday, Sept. 20th: Maria weakens slightly, moves off Puerto Rico's coast; Rescuers search ...
Janet Yellen
September 20, 2017
Fed announces a start to modestly reducing its bond holdings
The Federal Reserve will begin shrinking the enormous portfolio of bonds that it amassed after the 2008 financial crisis to ...
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September 20, 2017
Trump Meets With UK's May on Trade, Security
President Donald Trump met Wednesday with British Prime Minister Theresa May Wednesday on the sidelines of the UN General ...
September 20, 2017
US home sales off 1.7 pct., hurt by Harvey and low supply
U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and a worsening shortage of ...
September 20, 2017
Toshiba board decides on chip sale to Bain Capital group
Toshiba's board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but ...
September 20, 2017
China announces trade secrets crackdown to assure investors
China has announced a crackdown on violations of patents and trade secrets in an effort to mollify foreign companies ahead ...
September 20, 2017
EPA nominee once helped chemical industry, lobbyists
President Donald Trump's nominee to oversee chemical safety at the Environmental Protection Agency has for years accepted ...
September 20, 2017
As Syrian war winds down, Israel sets sights on Hezbollah
With President Bashar Assad seemingly poised to survive the Syrian civil war, Israeli leaders are growing nervous about the ...
September 20, 2017
FedEx profit falls 17 percent, hurt by TNT cyberattack
FedEx said Tuesday that its first-quarter profit fell 17 percent, hurt by a June cyberattack at its TNT Express business that ...
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