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Economy News

June 20, 2019
Walmart to pay $282 million over foreign corruption charges
Walmart agreed Thursday to pay $282 million to settle federal allegations of overseas corruption, including funneling more ...
Norma Butterfield
June 20, 2019
Slack shows up for work and rallies in Wall Street debut
Slack's newly public shares aren't slacking off. The work messaging service grew 49% in value after its stock started trading ...
June 20, 2019
UK Treasury chief issues stiff 'no-deal' Brexit warning
Britain's Treasury chief urged those seeking to be Britain's next leader to be honest with the public and spell out what they ...
June 20, 2019
High court takes case involving Puerto Rico financial crisis
The Supreme Court will decide a challenge to the oversight board established by Congress in response to Puerto Rico's ...
June 20, 2019
US long-term mortgage rates little changed; 30-year at 3.84%
U.S. long-term mortgage rates were little changed this week. The key 30-year, fixed-rate loan hovered around an average 3.
June 20, 2019
The Latest: Ireland's Varadkar cool on Brexit extension
The Latest on Brexit (all times local): 2:15 p.m. Irish Prime Minister Leo Varadkar says European Union countries are losing ...
June 20, 2019
Putin promises social spending boost in annual call-in show
President Vladimir Putin is promising to boost spending on social programs as part of the government's modernization efforts.
June 19, 2019
GM seeks to avoid Takata recalls for fourth straight year
General Motors is trying to avoid recalling potentially deadly Takata air bag inflators in thousands of full-size pickup ...
June 19, 2019
Survey: Owners having problems with driver-assist systems
As auto companies continue to fix buggy touch-screen infotainment systems, a survey of new-vehicle buyers has found there's ...
June 19, 2019
2 big US coal companies combine Wyoming, Colorado operations
Two of the world's largest coal producers have announced they will combine mining operations in Wyoming and Colorado in an ...
June 19, 2019
American Airlines deal boosts Airbus's new long-range jet
American Airlines is buying 50 new long-range planes from Airbus, giving a big boost to the just-launched A321XLR model and ...
Mark Esper
June 19, 2019
Trump's Pentagon pick is Army veteran, defense lobbyist
President Donald Trump's pick for new Defense Secretary is an Army veteran who served in the first Iraq war and also has ...
June 19, 2019
Google puts up $1B to ease housing headaches it helped cause
Google is pouring $1 billion into easing the high-priced housing headaches that it and its Silicon Valley peers helped give ...
June 18, 2019
Facebook plans its own currency for 2 billion-plus users
Facebook already rules daily communication for more than 2 billion people around the world. Now it wants its own currency, ...
June 18, 2019
Hong Kong opposition movement largely without leaders
The largely youth-driven movement of black-clad protesters challenging Hong Kong's government over an unpopular extradition ...
June 18, 2019
US home construction slips 0.9% in May
U.S. home construction slipped a bit in May as a sharp drop in single-family construction was only partially offset by a rise ...
June 18, 2019
Ex-rival backs Boris Johnson in UK leadership race
A former candidate to lead Britain's Conservative Party threw her support behind front-runner Boris Johnson on Tuesday, ...
June 18, 2019
EU court declares Germany's highway tolls illegal
The European Court of Justice ruled Tuesday that highway tolls in Germany are illegal because they unfairly penalize drivers ...
June 18, 2019
Blackout in South America raises questions about power grid
The huge blackout that left tens of millions of people in the dark in Argentina, Uruguay and Paraguay over the weekend raised ...
June 18, 2019
Brazil's Odebrecht files for bankruptcy protection
Brazilian construction giant Odebrecht filed for bankruptcy protection Monday to restructure $13 billion in debt, worn down ...
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