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Economy News

September 26, 2021
The Latest: Laschet: Every vote counts in Germany's election
The Latest on Germany's election: ___ BERLIN — Armin Laschet, the candidate of outgoing Chancellor Angela Merkel’s ...
September 26, 2021
Nebraska billionaire, philanthropist Walter Scott dies at 90
Billionaire Walter Scott, the past top executive of Peter Kiewit Sons Inc. construction firm who helped oversee Warren ...
September 25, 2021
PG&E charged in California wildfire last year that killed 4
Pacific Gas & Electric was charged Friday with involuntary manslaughter and other crimes after its equipment sparked a ...
September 24, 2021
House Jan. 6 panel subpoenas Trump associates
A House committee investigating the Jan. 6 insurrection at the U.S. Capitol is demanding records and testimony from four ...
September 24, 2021
House votes to counter abortion rights challenges
The House passed legislation Friday that would guarantee a woman's right to an abortion, an effort by Democrats to circumvent ...
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September 24, 2021
China's HNA Group says chairman, CEO detained by police
The chairman and CEO of HNA Group, the Chinese airline operator that ran into financial trouble following a global ...
September 23, 2021
US long-term mortgage rates up slightly; 30-year at 2.88%
Average long-term mortgage rates rose slightly this week continuing a months-long trend of little movement. They remained ...
September 23, 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 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
Fears of global shockwaves from Chinese builder's debts ease
Fears that a Chinese real estate developer’s possible default on multibillion-dollar debts might send shockwaves through ...
September 23, 2021
Dubai real-estate firm DAMAC approved to take firm private
A Dubai real-estate company known for its deals with former President Donald Trump said Thursday it had received regulator ...
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 ...
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