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Economy News

February 21, 2019
UK acknowledges key trade deals won't be ready by Brexit day
The British government acknowledged Thursday that trade deals with major countries such as Japan and Turkey will not be in ...
February 21, 2019
Average US mortgage rates fell this week
U.S. long-term mortgage rates dipped this week to the lowest average in more than a year, providing a possible boost to the ...
February 21, 2019
Deadly Bangladesh fire shows lapses in development
A fire in Bangladesh that killed at least 67 people in the oldest part of the capital shows the lapses in public safety that ...
February 21, 2019
US home sales tumbled 1.2 percent in January
U.S. home sales fell 1.2 percent in January to their worst pace in more than three years, as persistent affordability ...
Gadeir Abbas
February 21, 2019
Muslim group seeks congressional probe on terror watchlist
A Muslim civil rights group called for a congressional investigation Wednesday after its lawsuit revealed that the U.S.
February 21, 2019
Oakland teachers to walk off the job Thursday
Teachers in Oakland, California, will become the latest educators in the country to strike over pay and classroom conditions.
Jerome Powell
February 20, 2019
Minutes show Fed officials noted number of rising threats
Federal Reserve policymakers last month noted greater threats to the U.S. economy, ranging from adverse effects of the ...
February 20, 2019
Southwest grapples with new labor and revenue problems
Southwest Airlines is lashing out at the union representing its mechanics, suggesting that they may be grounding planes to ...
February 20, 2019
Driver hurt by air bag shrapnel as investigation drags on
Nearly four years ago, the U.S. government's highway safety agency began investigating air bag inflators made by ARC ...
February 20, 2019
French court hits Swiss bank UBS with $5.1 billion penalty
A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for ...
February 20, 2019
Caesars Entertainment talks with billionaire investor Icahn
Caesars Entertainment said Wednesday that it has talked with billionaire investor Carl Icahn, who began pushing for ...
February 20, 2019
Trouble at CVS Health long-term care business weighs heavily
CVS Health is setting 2019 earnings expectations well below Wall Street forecasts, as the company struggles to fix part of ...
February 20, 2019
Failing Payless to honor gift cards, store credit into March
The failing Payless ShoeSource chain will honor gift cards and store credit until March 11 as the company liquidates all ...
February 20, 2019
World shares mostly higher on upbeat talk on China-US trade
Stocks were mostly higher in Europe and Asia on Wednesday after U.S. President Donald Trump suggested trade talks with China ...
Gadeir Abbas
February 20, 2019
APNewsBreak: Feds share watchlist with 1,400 private groups
The federal government has acknowledged that it shares its terrorist watchlist with more than 1,400 private entities, ...
February 20, 2019
Trump chooses Jeffrey Rosen for deputy attorney general
President Donald Trump on Tuesday said he intends to nominate Jeffrey Rosen, a longtime litigator and deputy transportation ...
Walmart Toys
February 19, 2019
Walmart flexes in the fourth quarter, beats all expectations
Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that ...
February 19, 2019
Payless files for bankruptcy, closing North American stores
Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America.
February 19, 2019
Nobel laureates, advocates to advise G-7 on women's rights
Human rights advocates met Tuesday in Paris to discuss potential strategies leading industrial nations could employ to reduce ...
February 19, 2019
Greece's central banker protests, says minister is meddling
Greece's central bank chief asked Prime Minister Alexis Tsipras to intervene on Tuesday after a cabinet minister phoned him ...
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