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Economy News

September 23, 2017

Facebook nixes plan for new stock class ahead of court fight

Mark Zuckerberg said Friday that Facebook is withdrawing plans to create a new class of stock that would have let him keep ...

Tom Price

September 23, 2017

Investigators reviewing HHS chief's private charter flights

Federal investigators are examining Health and Human Services Secretary Tom Price's recent use of costly charter flights on ...

September 22, 2017

Hurricane pushes long-suffering Puerto Rico to the edge

A tired and discouraged Rosa Maria Almonte cleaned steel pots with bleach inside her darkened cafe as her daughter cooked up ...

September 22, 2017

Not home? Walmart wants to walk in and stock your fridge

Would you be OK with letting a stranger into your house for the sake of convenience? Walmart is testing the idea with a new ...

September 22, 2017

LL Bean publishes outdoors ad only visible in the sunlight

If you want to see L.L. Bean's new ad, you're going to have to step outdoors. The company took its mission to get people ...

September 22, 2017

China criticizes S&P credit rating cut as 'wrong decision'

China's Finance Ministry on Friday criticized the cut in the Standard & Poor's rating agency's credit rating on Chinese ...

September 22, 2017

The Latest: S&P cuts Hong Kong rating after cutting China's

The Latest on Standard & Poor's cutting credit ratings for China (all times local): 12:30 p.m. The Standard & Poor's rating ...

Jay Clayton

September 22, 2017

SEC under fire for being hacked despite warnings on security

The Securities and Exchange Commission waited until Wednesday to disclose a hack of its corporate filing system that occurred ...

September 21, 2017

Original Trix, made with artificial colors, is coming back

Trix is back to its old tricks: The colorful cereal will once again be made with artificial dyes and flavors, nearly two ...

September 21, 2017

Federal employees ordered to attend anti-leaking classes

Employees at the Environmental Protection Agency are attending mandatory training sessions this week to reinforce their ...

Anthony Rinaldi

September 21, 2017

Surging stock market powers US wealth to $96.2 trillion

A healthy gain in the stock market and steadily increasing home prices boosted Americans' household wealth this spring, a ...

September 21, 2017

Bangladesh truck carrying Rohingya Muslim aid crashes; 9 die

A truck filled with aid for Rohingya Muslim refugees in Bangladesh veered off a road and fell into a ditch Thursday morning, ...

September 21, 2017

Toys R Us revs up for holiday hiring

Toys R Us may have filed for Chapter 11 reorganization, but the toy chain is revving up its holiday hiring. The Wayne, New ...

Jay Clayton

September 21, 2017

SEC reveals 2016 hack that breached its filing system

The Securities and Exchange Commission said Wednesday that a cyber breach of a filing system it uses may have provided the ...

September 21, 2017

Watchdog: Airfares for many travelers rise due to bag fees

Travelers who check at least one bag when flying domestically are paying more overall than they did before airlines began ...

Sheryl Sandberg

September 20, 2017

Facebook tightens ad policies after 'Jew-hater' fiasco

Facebook is apologizing for letting advertisers use phrases like "Jew-haters" as a targeting criteria and for not noticing ...

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September 20, 2017

AP Top Stories 20 P

Here are the latest stories for Wednesday, Sept. 20th: Maria weakens slightly, moves off Puerto Rico's coast; Rescuers search ...

Janet Yellen

September 20, 2017

Fed announces a start to modestly reducing its bond holdings

The Federal Reserve will begin shrinking the enormous portfolio of bonds that it amassed after the 2008 financial crisis to ...

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September 20, 2017

Trump Meets With UK's May on Trade, Security

President Donald Trump met Wednesday with British Prime Minister Theresa May Wednesday on the sidelines of the UN General ...

September 20, 2017

US home sales off 1.7 pct., hurt by Harvey and low supply

U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and a worsening shortage of ...

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