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Economy News

Geoffrey S. Berman
April 23, 2019
Feds: Ex-CEO is first drug exec indicted in opioid crisis
The former head of a drug distributor has been indicted on what federal prosecutors say are the first criminal charges ...
April 23, 2019
Twitter profit rises as Trump demands 'fairer' social media
Twitter Inc. on Tuesday trumpeted strong quarterly growth in earnings and users while President Donald Trump tweeted ...
Cory Booker
April 23, 2019
US new-home sales climbed 4.5% in March
Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be ...
April 23, 2019
US expands probe into air bag failures to 12.3M vehicles
U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million ...
April 23, 2019
Oil prices spike further after US move on Iran buyers
Oil prices remained near six-month highs Tuesday in the wake of the Trump administration's announcement that it would soon ...
April 23, 2019
A Trump Fed choice steps aside, and another faces new doubts
President Donald Trump's efforts to reshape the Federal Reserve stumbled on Monday, with one of his potential nominees for ...
April 22, 2019
Supreme Court to take up LGBT job discrimination cases
The Supreme Court is taking on a major test of LGBT rights in cases that look at whether federal civil rights law bans job ...
April 22, 2019
Boom market in small businesses shows signs of cooling
The boom market in small businesses is showing signs of cooling. The number of small business sales counted by online market ...
April 22, 2019
Nigeria oil output to decrease 8 percent daily after fire
An oil company in Nigeria is declaring a "force majeure" shutdown after a fire. The temporary closure is expected to cut ...
Bernardo Hees
April 22, 2019
Kraft Heinz CEO stepping down, Patricio named successor
Kraft Heinz Co. has named a new CEO as it struggles to remain relevant amid changing American tastes. The company said Monday ...
April 22, 2019
Homeless activists outside Notre Dame demand 'a roof too'
Dozens of public housing advocates protested outside the gutted Notre Dame in Paris Monday to demand that France's poorest ...
April 22, 2019
Home sales fall 4.9% in slow start to spring buying season
Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among ...
April 22, 2019
Liz Weston: How debt 'solutions' could dig you in deeper
Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage ...
Carlos Ghosn
April 22, 2019
New indictment expands case against Nissan ex-chair Ghosn
Japanese prosecutors said Monday they have indicted Nissan's former chairman Carlos Ghosn on fresh breach of trust charges ...
April 22, 2019
World markets mixed, oil rises on Iran concerns
World stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to ...
April 22, 2019
China's Huawei says 1Q sales up 39%
Chinese tech giant Huawei said Monday its revenue rose 39% over a year earlier in the latest quarter despite U.S.
April 22, 2019
Asian markets mixed in post-Easter trading
Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese ...
April 19, 2019
Honda slows Accord, Civic production as buyers shift to SUVs
Honda is slowing production of Accord and Civic cars as U.S. buyers continue to favor SUVs and trucks. The Japanese automaker ...
April 19, 2019
Climate protests close London bridge; 570 arrests in 4 days
Climate protesters are once again trying to shut down parts of London to urge residents to do more to protect the Earth from ...
April 19, 2019
Algeria protesters keep up pressure on regime
Hundreds of thousands of protesters in Algeria demonstrated for a ninth straight Friday against the country's leadership amid ...
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