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Economy News

October 16, 2021

China's central bank says Evergrande risks 'controllable'

China’s central bank said Friday that financial risks from China Evergrande Group’s debt problems are “controllable” and ...

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October 16, 2021

Witness: Giuliani associate never delivered campaign funds

Former Nevada Attorney General Adam Laxalt testified at a trial Friday, describing how his enthusiastic pursuit of big ...

October 15, 2021

Stocks end higher, giving S&P 500 its best week since July

Wall Street added to its recent gains Friday as stocks closed higher, driving the S&P 500 to its best week since July.

October 15, 2021

UN claims millions more people are hungry

UN claims millions more people are hungry

October 15, 2021

AP Top Stories October 15 P

Here’s the latest for Friday, October 15: British lawmaker stabbed to death; Accused Parkland school shooter to plead guilty; ...

October 15, 2021

After Alitalia's demise, ITA airline launches with new look

Italy’s new national airline, ITA Airways, flew its inaugural flights Friday and unveiled its brand and logo, recycling the ...

October 15, 2021

Goldman Sachs' profits jump 60% helped by deal-making frenzy

Goldman Sachs' profits jumped 60% in the third quarter, as the deal-making bonanza that dominated financial markets this ...

October 15, 2021

Afghan village faces bleak future after war

In a village south of Kabul, destroyed by years of fighting between the Taliban and the Afghan government, a hospital doctor ...

October 15, 2021

3 German parties aim to start formal coalition talks

Three German parties announced Friday that they aim to open formal coalition talks, moving a big step closer to a new ...

October 15, 2021

Asian shares rise after technology-powered rally on Wall St

Asian shares were higher Friday after technology companies powered the biggest gain on Wall Street since March. All major ...

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October 15, 2021

Seoul police arrest 4 over cameras hidden in entire motel

South Korean police have arrested four people for allegedly installing hidden cameras in the rooms of an entire motel and ...

October 14, 2021

John Deere workers begin strike

More than 10,000 Deere & Co. workers went on strike Thursday after the United Auto Workers union said negotiators couldn't ...

October 14, 2021

Feds warn companies: Fake online reviews could lead to fines

Federal regulators say they are cracking down on “an explosion” of businesses' use of fake reviews and other misleading ...

October 14, 2021

Bank profits soar, helped by merger frenzy, fewer bad loans

It's good to be a bank right now. Four of the largest U.S. banks said their profits grew by double-digits last quarter, as ...

October 14, 2021

Armed clash in Beirut in protest over blast probe

Several dead after armed clashes erupted Thursday in Beirut during a protest organised by the Lebanese militant group ...

October 14, 2021

At UN court, Armenia accuses Azerbaijan of ethnic hatred

Armenia urged judges at a United Nations court Thursday to order Azerbaijan to release Armenians detained during a six-week ...

October 14, 2021

US wholesale prices rose record 8.6% over 12 months

Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change ...

October 14, 2021

Economic institutes slash Germany's growth forecast

Germany's leading economic institutes on Thursday slashed their forecast for Europe's biggest economy, saying output is being ...

October 14, 2021

Winter heating bills set to jump as inflation hits home

Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else. With prices surging ...

October 14, 2021

Biden announces plan to ease supply chain jams

President Joe Biden announced Wednesday the Port of Los Angeles will become a 24/7 operation, in hopes of ending the logjam ...

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