Economy News

September 22, 2018

Rising oil prices haven't hurt the US economy so far

America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S

September 21, 2018

FBI arrests Oregon man over alleged YouTube threats

Federal agents arrested an Oregon man who threatened to kill YouTube employees and specifically threatened the CEO of the ...

September 21, 2018

Hotplates, heaters to be given residents after gas disaster

Hotplates and space heaters will be distributed to thousands of Massachusetts residents who were left without natural gas ...

September 21, 2018

The Latest: EU's Tusk says Brexit compromise still possible

The Latest on Brexit, the political divorce between Britain and the rest of the European Union (all times local): 6:30 p.m.

September 21, 2018

Path forward for Kavanaugh could be like Clarence Thomas'

When Clarence Thomas arrived at the Supreme Court in 1991 after a bruising confirmation hearing in which his former employee ...

September 21, 2018

Ex-Trump lawyer Cohen boasts of aiding Mueller investigation

President Donald Trump's former personal lawyer says he is providing "critical information" as part of special counsel Robert ...

September 21, 2018

Indonesia imposes moratorium on new palm oil plantations

Indonesia's president has signed a moratorium on new palm oil development and ordered a review of existing plantations, an ...

September 20, 2018

Alexa is everywhere, even the microwave

Amazon wants the most basic of tasks to be controlled by voice, from microwaving potatoes to switching up the music in the ...

September 20, 2018

Buoyant stocks lift US household wealth, mainly for affluent

A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of ...

September 20, 2018

Wells Fargo to cut 10 percent of workforce over next 3 years

Wells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which ...

September 20, 2018

Average US mortgage rates rise; 30-year at 4.65 percent

Long-term U.S. mortgage rates are up for the fourth consecutive week, with the key 30-year rate reaching its highest level ...

September 20, 2018

US home sales were flat in August

U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level ...

September 20, 2018

Turkey expects lower growth amid currency turmoil

Turkey expects lower economic growth in coming years amid concerns over inflation and a sliding currency. Treasury and ...

September 20, 2018

Japan's Abe re-elected as party head, to stay on as PM

Japanese Prime Minister Shinzo Abe was re-elected as head of his ruling Liberal Democratic Party in a landslide Thursday, ...

September 20, 2018

Malaysia's ex-PM pleads not guilty to new corruption charges

Former Malaysian Prime Minister Najib Razak pleaded not guilty Thursday to 25 new charges of abuse of power and money ...

September 20, 2018

Women supporting Kavanaugh find themselves in storm's center

It started as a series of phone calls among old high-school friends and ended up embroiling 65 women in the firestorm over ...

September 20, 2018

Owner of 3D-printed gun company accused of sex with minor

The owner of a Texas company that makes untraceable 3D-printed guns is wanted on an arrest warrant tied to an accusation that ...

Thomas Ferrigno, Dilip Patel, Karan Virdi

September 20, 2018

Asian shares track optimism on Wall Street over tariffs

Asian markets were mostly higher on Thursday with narrow trading after news of a fresh round of tariffs by the U.S. on $200 ...

September 20, 2018

How 65 women came to Kavanaugh's defense in matter of hours

It started as a series of phone calls among old high-school friends and ended up embroiling 65 women in the firestorm over ...