Economy News

October 19, 2018

US home sales fell in September to slowest pace in 3 years

U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for ...

October 19, 2018

Correction: NerdWallet-Liz Weston-Paying-Mortgage- story

In a story Oct. 15 about paying off your mortgage before you retire, NerdWallet columnist Liz Weston erroneously quoted ...

October 19, 2018

EU's Barnier says Irish border issue could lead to failure

Disagreements over the border between Ireland and Northern Ireland could prevent a Brexit deal from being reached, the ...

October 19, 2018

Russia to build two-reactor nuclear plant in Uzbekistan

Russian President Vladimir Putin and the president of Uzbekistan have agreed that Russia will build the ex-Soviet republic's ...

October 19, 2018

Global stocks mixed as Chinese economy slows

Global stocks were mixed Friday after data showed Chinese economic growth slowed more than expected but officials moved to ...

October 19, 2018

Malaysia ex-Deputy PM charged with graft, money laundering

Malaysia's former deputy prime minister was charged Friday with abuse of power, corruption and money laundering involving ...

October 19, 2018

StarKist admits fixing tuna prices, faces $100 million fine

StarKist Co. agreed to plead guilty to a felony price fixing charge as part of a broad collusion investigation of the canned ...

October 19, 2018

American Express profits jump 22 percent, beating forecasts

American Express said its third quarter profits jumped by 22 percent from a year earlier, as the credit card giant benefited ...

October 18, 2018

UK's May to face fresh ire at home after being spared by EU

British Prime Minister Theresa May will head home from an inconclusive European Union summit on Brexit to a barrage of ...

October 18, 2018

MoviePass operations under investigation by New York AG

The company that runs the beleaguered MoviePass discount service for movie tickets is being investigated by the New York ...

October 18, 2018

CFPB investigates controversial writings of Trump appointee

The nation's financial watchdog has opened a formal investigation into writings and comments by Eric Blankenstein, a ...

October 18, 2018

US mortgage rates fall slightly; 30-year at 4.85 percent

Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising ...

October 18, 2018

Western government officials cancel trip to Saudi event

Senior government officials from the United States, France, Britain and the Netherlands joined a growing list of people ...

October 18, 2018

Nebraska's message for tourists? 'It's not for everyone'

Nebraska's no longer nice, at least in its next tourism campaign. The new sales pitch has a decidedly self-deprecating bent: ...

October 18, 2018

Spain seizes 115 properties in crackdown on Venezuelan funds

Police in Spain say they have seized more than 115 properties as they dismantled a network that allegedly purchased real ...

October 18, 2018

World stock markets mostly dip on Fed views on rates

Stock markets mostly dipped on Thursday on the news that some policymakers at Federal Reserve think interest rates should ...

October 18, 2018

Asia shares sag after retreat on Wall St, weaker Japan data

Shares fell Thursday in Asia after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and ...

October 18, 2018

Judge frees Peru opposition leader Keiko Fujimori

Peru's opposition leader Keiko Fujimori was freed by an appeals judge late Wednesday, a week after she was arrested in an ...

October 18, 2018

Japan exports fall in September, first decline since 2016

Japan recorded a trade surplus for September of 139.6 billion yen ($1.2 billion), but exports fell 1.2 percent from the ...