Economy News

September 24, 2020

Germany to replace head of its military intelligence agency

The head of Germany's military intelligence agency is being replaced as authorities step up efforts to root out right-wing ...

September 24, 2020

West Coast winemakers fear smoke damage to grapes

Winemakers on the US West Coast fear that smoke from wildfires that has blanketed the region will be a disaster for their ...

September 23, 2020

Mars drops Uncle Ben's, reveals new name for rice brand

The Uncle Ben's rice brand is getting a new name: Ben's Original. Parent firm Mars Inc. unveiled the change Wednesday for the ...

September 23, 2020

Analysis: Trump, Biden court working-class voters

September 23, 2020

Wells Fargo CEO apologizes for comments about diversity

Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black ...

September 23, 2020

Trump: Biden against 'oil, guns and God'

Campaigning in Pittsburgh, Pa., President Donald Trump portrayed Democratic nominee Joe Biden as an opponent of "oil, guns ...

September 23, 2020

Trump expands ban on US money for certain diversity training

President Donald Trump on Tuesday issued an order that he said will expand a ban on the use of federal money for certain ...

September 22, 2020

US homes sales rise 2.4% in August

Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers from a widespread ...

September 22, 2020

UK's National Trust details historic sites' links to slavery

Britain’s National Trust, which looks after hundreds of the country’s well-loved historic sites, has detailed how dozens of ...

September 22, 2020

Longtime ally to Trump's postal chief was paid by RNC

A former executive who worked in the private sector for Postmaster General Louis DeJoy was recently paid by President Donald ...

September 21, 2020

Bank shares slide on report of rampant money laundering

The financial sector was hit hard Monday following a report alleging that a number of banks — JPMorgan, HSBC, Standard ...

September 21, 2020

Founder of GM electric truck partner quits amid allegations

Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid ...

September 20, 2020

March of 100,000 marks week 7 of Belarus protests

Tens of thousands of Belarusians calling for the authoritarian president to resign marched through the capital Sunday as the ...

September 19, 2020

Cargo plane crashes at airport in Somalia's capital, 3 hurt

A cargo plane crashed Saturday morning at the international airport in Somalia's capital, and the country's transport ...

September 19, 2020

Trump seeks rural votes in battleground Minnesota

President Donald Trump stumped for votes in rural Minnesota, predicting his Democratic opponent, Joe Biden, would terminate ...

September 19, 2020

Apple to launch first online store in India next week

Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one ...

September 18, 2020

Watchdog: FAA not prepared to update jet evacuation rules

The Federal Aviation Administration hasn't updated standards for emergency airliner evacuations in nearly two decades, a ...

September 18, 2020

Trump: I'm the best thing to happen to Puerto Rico

President Donald Trump has announced nearly $13 billion in aid to Puerto Rico to help rebuild the electrical grid and repair ...

September 18, 2020

Spanish banks merge in sign of hard economic times ahead

Two of Spain’s biggest banks said Friday they were merging, pushed together by a need to weather tough economic times that ...