Economy News

February 21, 2020

First Solar, TrueCar fall; Deere, Dropbox rise

Stocks that moved heavily or traded substantially on Friday: Deere & Co., up $11.60 to $177.43. The farming machinery maker ...

February 21, 2020

US home sales fell 1.3% in January

U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases ...

February 21, 2020

Watchdog toughens global financial scrutiny of Iran

An international agency monitoring terrorism funding announced tough new financial scrutiny of Iran on Friday and added seven ...

February 21, 2020

Presidents of Russia, Belarus discuss oil price dispute

The presidents of Russia and Belarus discussed their continuing oil price dispute Friday that disrupted steady supplies of ...

February 21, 2020

Kia recalls SUVs, vans; electrical problem can cause fires

Kia is joining its affiliate Hyundai in recalling thousands of vehicles in the U.S. because water can get into a brake ...

February 20, 2020

Struggling Victoria's Secret sold as women demand comfort

Victoria's Secret, which once defined sexy with its leggy supermodels in their lacy bras and oversized angel wings, has a new ...

February 20, 2020

Under Armour feels the pressure in heated retail contest

The contest for athletic wear customers has left once high-flying Under Armour dented and bruised as competitors pull ahead.

February 20, 2020

Guyana celebrates 1st oil shipment after major discovery

Guyana’s government on Thursday prepared to sell its first barrels of oil after the discovery of large quantities of oil and ...

February 20, 2020

Google updates terms in plain language after EU scrutiny

Google is attempting to make sure people know exactly what they're signing up for when they use its online services — though ...

February 20, 2020

CBS streaming service to grow with Viacom, Paramount videos

ViacomCBS is planning a new streaming service that will combine the existing CBS All Access service with Paramount movies and ...

February 20, 2020

UBS picks new CEO with track record in digital banking

Shares in bank UBS climbed almost 3% on Thursday after the Swiss firm announced the appointment of a new chief executive who ...

February 20, 2020

Today in History for February 20th

Highlights of this day in history: Astronaut John Glenn becomes the first American in orbit; the Rhode Island nightclub fire; ...

February 19, 2020

Puerto Rico goes to court against debt-restructuring deal

Puerto Rico’s government went to court on Wednesday to fight a deal that a federal control board overseeing the U.S.

February 19, 2020

US home construction dips 3.6% in January

Construction of new homes edged back slightly in January after a December surge that had pushed home construction to the ...

February 19, 2020

Bed Bath & Beyond rises as retailer unveils turnaround plan

Shares of Bed Bath & Beyond moved sharply higher at the opening bell Wednesday after executives rolled out a raft of ...

February 19, 2020

US wholesale prices up 0.5% in January, most since late 2018

U.S. producer prices climbed last month at fastest pace since October 2018 as higher prices for services more than offset a ...

February 19, 2020

Brexit pushes growing number of businesses to Netherlands

Ongoing uncertainty about the effects of Brexit is pushing an increasing number of foreign companies to set up offices in the ...

February 19, 2020

Qatar Airways ups stake in British Airways parent firm, IAG

Qatar Airways said Wednesday it has increased its share in the parent company of British Airways, International Airlines ...