Economy News

December 11, 2019

3 charged with running $722M cryptocurrency scam

Three men were charged with running a cryptocurrency mining operation that officials labeled a “high-tech Ponzi scheme" that ...

December 10, 2019

Airbus beats Boeing again in aircraft orders and deliveries

Boeing's grounded 737 Max got a boost from two orders in November, but the American aircraft company continues to trail ...

December 10, 2019

Loophole limited scrutiny before deadly NYC helicopter crash

The helicopter company whose doors-off flight crashed in a New York City river last year, trapping all five passengers in ...

December 10, 2019

Peloton shares tumble as bearish report adds to ad woes

Shares of exercise bike company Peloton were under pressure Tuesday from a scathing research report that comes on the heels ...

December 10, 2019

Bill Clinton: ''We should go about our lives"

Former President Bill Clinton said the American public "should observe and make our own judgments" about impeachment.

December 10, 2019

Airline trade group predicts Christmas travel will rise 3%

Airlines are looking forward to another big Christmas and New Year's season, with 3% more people flying in the U.S.

December 10, 2019

Pence talks jobs, Dems, USMCA at veterans event

Vice President Pence is touting his administration's win following House Speaker Nancy Pelosi's announcement that an ...

December 10, 2019

Alberto Fernández inaugurated as president of Argentina

Alberto Fernández assumed the presidency of Argentina on Tuesday, returning the country to the ranks of left-leaning nations ...

December 10, 2019

US productivity edges down 0.2% in third quarter

U.S. productivity fell in the summer, the first decline in nearly four years, underscoring the struggles companies are facing ...

December 10, 2019

Rule-breaker Boris Johnson faces toughest test in election

Boris Johnson defies political gravity. Britain’s prime minister has failed to deliver on his core promise -- to take the ...

December 10, 2019

China's auto sales sink 5.4% in November

China's auto sales sank 5.4% in November from a year ago, putting the industry's biggest global market on track to shrink for ...

December 10, 2019

Consulting firm allows Buttigieg to release names of clients

The McKinsey & Co. consulting firm said Monday that it will allow Pete Buttigieg to identify the clients he served more than ...

December 10, 2019

California fines CVS $3.6 million for failing to recycle

California is fining the nation's largest pharmacy health care provider a record $3.6 million for failing to redeem deposits ...

December 10, 2019

Families of crash passengers want wider review of Boeing Max

The head of the Federal Aviation Administration will face questions about whether the agency is too cozy with Boeing when he ...

December 09, 2019

PG&E's stock surges 16% on tentative wildfire settlement

PG&E's stock surged Monday after the utility reached a tentative $13.5 billion settlement resolving all major claims related ...

December 09, 2019

GM lending $40M to startup company buying closed Ohio plant

General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a ...

December 09, 2019

U.N.D.P. says Latin America is wealthier but unequal

Latin America has significantly reduced poverty over the last two decades. So why is there generalized discontent, prompting ...

December 09, 2019

Saudi prince's ambitions hinge on triumphant Aramco sale

Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part ...

December 09, 2019

Boy on hospital floor dominates Britain's election campaign

A 4-year-old boy in a Spider-Man top lying on a hospital floor took center stage Monday in Britain's election campaign, as ...

December 09, 2019

South Africa's Zozibini Tunzi crowned Miss Universe 2019

South Africa's Zozibini Tunzi was crowned Miss Universe 2019, giving the country its second title in in three years in a ...