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Economy News
January 15, 2021
Haiti braces for unrest as opposition demands new president
Flying rocks. Burning tires. Acrid smoke. Haiti braced for a fresh round of widespread protests starting Friday, with ...
January 15, 2021
Pence remembers Chuck Yeager at W.Va. service
Vice President Mike Pence traveled to Charleston, West Virginia Friday to deliver remarks at a public celebration for the ...
January 15, 2021
Citigroup 4Q profit down 7%, revenue drops by 10%
Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank ...
January 15, 2021
December wholesale prices up 0.3% with sharp jump in energy
U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department ...
January 14, 2021
Powell signals Fed to keep aiding economy
Fed Chair Jerome Powell is tamping down concerns the Fed might withdraw some of its support for the U.S. economy, stressing ...
January 14, 2021
Turkmenistan, Afghanistan open new infrastructure projects
The leaders of Turkmenistan and Afghanistan on Thursday launched three new infrastructure projects intended to boost economic ...
January 14, 2021
2020 sets yet another global temperature record
Scientists say 2020 was either the hottest year on record or a close second or third. Several weather groups Thursday ...
January 14, 2021
Denmark to hold impeachment trial vote on ex-minister
Denmark's ruling party said it would back a vote in parliament Thursday on whether a former immigration minister in the ...
January 14, 2021
France opposes foreign takeover offer for supermarket chain
France's government says it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain ...
January 14, 2021
China demands US lift Xinjiang cotton, tomato import ban
China on Thursday demanded Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they ...
January 14, 2021
WhatsApp growth slumps as rivals Signal, Telegram rise
Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Google’s app stores.
January 14, 2021
Twitter CEO defends Trump ban, warns of dangerous precedent
Twitter CEO Jack Dorsey defended his company’s ban of President Donald Trump in a philosophical Twitter thread that is his ...
January 14, 2021
Managers detained as 22 trapped in China mine for 3rd day
Authorities have detained managers at a gold mine in eastern China where 22 workers have been trapped underground following ...
January 14, 2021
Tesla balks at touch screen recall, US agency takes action
Tesla Inc. is balking at recalling about 159,000 vehicles with potentially defective touch screens, so U.S. safety regulators ...
January 13, 2021
Report: Companies donated $170M to GOP election objectors
Corporations and industry groups have donated at least $170 million in recent years to Republicans who rejected ...
January 13, 2021
Intel replaces its chief executive after a rocky stretch
Intel is replacing its CEO after only two years in what had been a rough stretch for the chipmaker. Bob Swan, who became the ...
January 13, 2021
DC Mayor asks public not to attend inauguration
District of Columbia Mayor Muriel Bowser said Wednesday that in order to prevent violence during President-elect Joe Biden's ...
January 13, 2021
David Barclay, billionaire twin Telegraph owner, dies at 86
David Barclay, one of the billionaire identical twins whose business empire includes Britain’s Daily Telegraph newspaper, has ...
January 13, 2021
Yellen's Senate confirmation hearing set for Jan. 19
The Senate Finance Committee announced Tuesday that it will hold a confirmation hearing for Treasury Secretary-nominee Janet ...
January 13, 2021
Visa, Plaid call off merger following antitrust pressure
Visa Inc. on Tuesday called off its planned $5.3 billion purchase of payment-processing technology company Plaid, citing the ...
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