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Economy News

February 22, 2021

Why some Texans are getting sky-high energy bills

After unusual icy weather left millions of Texans without power, some are facing another crisis: Sky-high electricity bills.

February 22, 2021

M&T Bank buying People's United in $7.6B all-stock deal

M&T Bank Corp. is buying People’s United Financial Inc. in an all-stock deal valued at about $7.6 billion. Branches of the ...

February 22, 2021

Passenger on flight: 'I thought it was a bomb'

Boeing has recommended that airlines ground all of its 777s with the type of engine that suffered a catastrophic failure over ...

February 22, 2021

EU slaps sanctions on 19 more Venezuelan officials

The European Union on Monday imposed sanctions on 19 more officials in Venezuela accused of undermining democracy or rights ...

February 20, 2021

Today in History for February 20th

Highlights of this day in history: Astronaut John Glenn becomes the first American in orbit; the Rhode Island nightclub fire; ...

February 20, 2021

Governor: Texas storm is 'enormous challenge'

Texas Governor Greg Abbott reassured residents Friday as his state suffers in the aftermath of a winter storm that knocked ...

February 19, 2021

US existing home sales, and prices, rise again in January

Sales of previously occupied U.S. homes rose again last month, a sign that the housing market’s strong momentum from 2020 may ...

February 19, 2021

Ford loses track of dangerous air bags, forcing 2 recalls

Ford has lost track of some older Takata air bags that can explode and hurl shrapnel, so it's recalling more than 154,000 ...

February 18, 2021

Robinhood CEO grilled at GameStop hearing

House lawmakers grilled the CEO of Robinhood Markets, Inc. as they examined whether the recent wild swings in the price of ...

February 18, 2021

Biden's immigration bill may be divided to pass

In order to pass President Joe Biden's big vision for immigration reform it may need to be divided into individual pieces of ...

February 18, 2021

Congressional scrutiny of GameStop financial saga

Lawmakers are examining whether wild swings GameStop's stock price of has exposed conflicts in the market's structure that ...

February 18, 2021

Myanmar protests focus on junta's economic support

State railway workers in Myanmar continued to strike Thursday despite a police rampage the previous night targeting them in ...

February 18, 2021

Pelosi: Effects of storm in Texas 'heartbreaking'

House Speaker Nancy Pelosi said that the suffering the winter storm has caused in Texas is "heartbreaking." She said a House ...

February 18, 2021

January home construction falls 6%; signs of rebound ahead

U.S. home construction fell 6% in January but applications for building permits, which typically signal activity ahead, rose ...

February 18, 2021

Indian journalist acquitted of defamation in #MeToo case

A New Delhi court on Wednesday acquitted a journalist of criminal defamation after she accused a former ...

February 18, 2021

Governor: All Texas power sources 'compromised'

Governor Greg Abbott says a severe cold snap in Texas has 'compromised' all sources of power and the state will have to ...

February 17, 2021

In Australia, Google makes publisher deals, Facebook walks

Google is striking deals in Australia to pay for journalism but Facebook is vowing to restrict news sharing as Australian ...

February 17, 2021

Psaki: FEMA sending generators, supplies to Texas

White House press secretary Jen Psaki says FEMA is supplying Texas with power generators, and sending diesel fuel, water, ...

February 17, 2021

Grid manager: Outages spared Texas bigger disaster

The CEO of the nonprofit group that manages the flow of electric power in Texas says rolling outages were meant to spare the ...

February 17, 2021

Emirati arrested for stealing camel for gift to girlfriend

Emirati police have arrested a man for allegedly stealing a highly valuable newborn camel to give to his girlfriend for her ...

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