Economy News

September 17, 2019

Oil prices jump as attack on Saudi plant jolts supply

Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the ...

September 16, 2019

GM walkout brings factories and warehouses to a standstill

More than 49,000 members of the United Auto Workers went on strike Monday against General Motors, bringing more than 50 ...

September 16, 2019

US stocks close lower as spike in crude oil rattles market

Airlines, cruise lines and other companies in fuel-dependent industries dragged U.S. stocks lower Monday after an attack on ...

September 16, 2019

$2B waterway through Deep South yet to yield promised boom

More than a century in the making, the 234-mile (376-kilometer) Tennessee-Tombigbee Waterway was supposed to fulfill a dream ...

September 16, 2019

UAW workers say they just want 'a fair contract'

United Auto Workers say they just want 'a fair contract' as talks are expected to resume Monday morning with General Motors.

September 16, 2019

Manufacturers, retailers less optimistic, survey says

Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects.

September 16, 2019

India's economy slows, stalling once thriving manufacturing

Anuj Kapoor took over his father's booming auto parts business in 2012, hoping to elevate the company from selling to ...

September 16, 2019

Auto workers strike against GM in contract dispute

More than 49,000 members of the United Auto Workers walk off General Motors factory floors or set up picket lines as contract ...

September 16, 2019

49,000 United Auto Workers strike against GM

Over 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday ...

September 16, 2019

Oil prices leap as attack on Saudi facility disrupts output

Oil prices surged Monday after an attack on Saudi Arabia's largest oil processing plant halted output of more than 5.

September 16, 2019

Union votes to strike at General Motors' US plants

Roughly 49,000 workers at General Motors plants in the U.S. plan to go on strike just before midnight Sunday, but talks ...

September 16, 2019

The Latest: GM, UAW to resume talks; strike still planned

The Latest on labor strife at General Motors factories (all times local): 7:20 p.m. United Auto Workers says contract talks ...

September 15, 2019

GM workers to strike amid contract negotiation

The United Auto Workers union says its contract negotiations with General Motors have broken down and its roughly 49,000 ...

September 15, 2019

Mobile home residents squeezed by market forces

As developers across the U.S. buy up mobile home parks to tear them down, and investors buy parks and raise rent, the state ...

September 15, 2019

The Latest: US 'ready' to deploy resources from reserves

The Latest on the explosion and fire at a major oil facility in Saudi Arabia (all times local): 3:10 a.m. The U.S.

September 15, 2019

Saudi Arabia: Drone attacks knocked out half its oil supply

Yemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil ...

September 15, 2019

Auto workers union sets stage for possible strike against GM

A top United Auto Workers official said the union and General Motors are far apart on major issues, increasing the likelihood ...

September 14, 2019

Mine shutdowns in top US coal region bring new uncertainty

At two of the world's biggest coal mines, the finances got so bad that their owner couldn't even get toilet paper on credit.

September 14, 2019

Warren has own plan for everything, though not health care

Elizabeth Warren has a plan for that. But on health care, she's with Bernie. Warren, a Massachusetts senator and a leading ...

September 14, 2019

NY finds $1B in hidden transfers by family behind OxyContin

The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, ...