Economy News

October 18, 2019

EU leaders rubber stamp Lagarde's ECB appointment

European Union leaders have approved the appointment of Christine Lagarde as the next president of the European Central Bank.

October 18, 2019

Johnson returns to London to drum up support for Brexit deal

After winning the backing of European Union leaders for his new Brexit deal , Prime Minister Boris Johnson was in London ...

October 18, 2019

The Latest: Dutch party to wave goodbye to UK will go ahead

The Latest on Brexit (all times local): 10:25 a.m. Organizers of a Dutch beach party to bid farewell to Britain as it leaves ...

October 18, 2019

Italian farm lobby calls for govt aid in face of US tariffs

Italy's main farm lobby is forecasting a 20% drop in sales of Italian agricultural products targeted by new U.S. tariffs.

October 18, 2019

Global markets brush off disconcerting data out of China

Global markets largely brushed off more disconcerting economic signals from China, which on Friday reported that its economy ...

October 18, 2019

Asian shares fall back after China reports economy weakened

Share prices retreated in Asia after China reported Friday that its economy grew at an annual rate of 6.0% in the latest ...

October 18, 2019

GM workers to stay on picket line until vote on new contract

Striking General Motors workers will stay on the picket lines for at least another week until they vote on a tentative ...

October 18, 2019

School's out: Chicago teachers strike, 1st day deal unlikely

Striking teachers marched in picket lines outside hundreds of Chicago schools on Thursday after their union and city ...

October 18, 2019

Riots darken Catalan separatist dream of peaceful secession

For years, Catalonia's separatist movement painstakingly built an amiable image of its quest to secede from Spain: Smiling ...

October 17, 2019

The Latest: EU lawmakers might not OK Brexit deal by Oct. 31

The Latest on Brexit (all times local): 9:20 p.m. The European Parliament's chief Brexit official says the EU legislature ...

October 17, 2019

Michael Jordan Unveils Clinic He Funded

Michael Jordan gets emotional after opening a $7 million medical center in Charlotte, N.C., that he and his family funded.

October 17, 2019

Slowing economy, trade wars, drag on US rail companies

The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year.

October 17, 2019

Saturday drama: Brexit battle to be decided in UK Parliament

British Prime Minister Boris Johnson, who has lost every important vote in Parliament since taking office, faces a titanic ...

October 17, 2019

US single family-home construction ticks up, apartments fall

U.S. home building fell last month after reaching a 12-year high in August, driven by a sharp decline in the construction of ...

October 17, 2019

Apple economy latest casualty in strife-torn Kashmir

Kashmir's apple orchards, a backbone of the economy that supports nearly half the people living there, are deserted, crops ...

October 17, 2019

Workers celebrate deal with GM, show union power in industry

On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers ...

October 17, 2019

Fed survey finds US economy being hurt by trade battles

The U.S. economy expanded at a modest pace in September and into October, despite rising trade tensions and weaker global ...

October 16, 2019

Twitter: World leaders' accounts not entirely above policies

Twitter says world leaders aren't entirely above its ban on users threatening violence or promoting terrorism on the site.

October 16, 2019

Postal Service head to retire amid mounting financial woes

Postmaster General Megan Brennan, who became the first woman to hold the position, is retiring early next year after working ...