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Economy News

September 23, 2020

Trump: Biden against 'oil, guns and God'

Campaigning in Pittsburgh, Pa., President Donald Trump portrayed Democratic nominee Joe Biden as an opponent of "oil, guns ...

September 23, 2020

Trump expands ban on US money for certain diversity training

President Donald Trump on Tuesday issued an order that he said will expand a ban on the use of federal money for certain ...

September 22, 2020

US homes sales rise 2.4% in August

Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers from a widespread ...

September 22, 2020

UK's National Trust details historic sites' links to slavery

Britain’s National Trust, which looks after hundreds of the country’s well-loved historic sites, has detailed how dozens of ...

September 22, 2020

Longtime ally to Trump's postal chief was paid by RNC

A former executive who worked in the private sector for Postmaster General Louis DeJoy was recently paid by President Donald ...

September 21, 2020

Bank shares slide on report of rampant money laundering

The financial sector was hit hard Monday following a report alleging that a number of banks — JPMorgan, HSBC, Standard ...

September 21, 2020

Founder of GM electric truck partner quits amid allegations

Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid ...

September 20, 2020

March of 100,000 marks week 7 of Belarus protests

Tens of thousands of Belarusians calling for the authoritarian president to resign marched through the capital Sunday as the ...

September 19, 2020

Cargo plane crashes at airport in Somalia's capital, 3 hurt

A cargo plane crashed Saturday morning at the international airport in Somalia's capital, and the country's transport ...

September 19, 2020

Trump seeks rural votes in battleground Minnesota

President Donald Trump stumped for votes in rural Minnesota, predicting his Democratic opponent, Joe Biden, would terminate ...

September 19, 2020

Apple to launch first online store in India next week

Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one ...

September 18, 2020

Watchdog: FAA not prepared to update jet evacuation rules

The Federal Aviation Administration hasn't updated standards for emergency airliner evacuations in nearly two decades, a ...

September 18, 2020

Trump: I'm the best thing to happen to Puerto Rico

President Donald Trump has announced nearly $13 billion in aid to Puerto Rico to help rebuild the electrical grid and repair ...

September 18, 2020

Spanish banks merge in sign of hard economic times ahead

Two of Spain’s biggest banks said Friday they were merging, pushed together by a need to weather tough economic times that ...

September 17, 2020

Dems promise to 'keep fighting' for virus funding

Democratic leaders promise to "keep fighting" for funding included in the Heroes Act which has languished in Congress since ...

September 17, 2020

Bank of England eyes sub-zero rates in face of virus, Brexit

The Bank of England indicated Thursday that it could cut interest rates below zero for the first time in its 326-year history ...

September 16, 2020

More than 20 workers hurt in Texas crane accident

Authorities say two cranes collided at a Texas construction site, injuring at least 22 workers. The cranes collided Wednesday ...

September 16, 2020

US Federal Reserve adjusts inflation target

The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep ...

September 16, 2020

Panel's report blasts Boeing, FAA for crashes, seeks reforms

A House committee issued a scathing report Wednesday questioning whether Boeing and government regulators have recognized ...

September 16, 2020

DP World, Israeli firm to bid for Haifa port privatization

Dubai-based port operator DP World said Wednesday it would partner with an Israeli firm in a bid to take over the country's ...

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