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Economy News

US acting to better protect infrastructure from cyberthreats

The Biden administration is taking steps to harden cybersecurity defenses for critical infrastructure, announcing on ...

Gun maker offers $33M to settle suit by Sandy Hook families

The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the victims' families nearly $33 ...

Officials: 2 dead after Texas chemical plant leak

Harris County, Texas Fire Marshal Laurie Christensen says two people are dead and more were treated for injuries after a ...

Senate GOP leaders mourn death of Wyoming's Enzi

Sen. Minority Leader Mitch McConnell and other top Republicans mourned the death of retired Sen. Mike Enzi, who died after ...

Study: Only half of American households donate to charity

For the first time in nearly two decades, only half of U.S. households donated to a charity, according to a study released ...

Senate Dems push to finish infrastructure bill

Senators and the White House were locked in intense negotiations Tuesday to salvage a bipartisan infrastructure deal, with ...

Belarus labels Polish-funded TV channel extremist

A court in Belarus on Tuesday declared a Polish-funded television channel that extensively covered last year's ...

UPS earns $2.7 billion but volume dips as stores reopen

Free from the pandemic lockdowns of last year, more shoppers are venturing into stores and relying just a bit less on brown ...

Robinhood IPO asks customers to play big role as investors

Robinhood is disrupting another stock market norm — and taking a big risk — by giving ordinary investors access to a huge ...

IMF forecasts stronger rebound for Latin American economies

The International Monetary Fund on Tuesday boosted its forecast for gross domestic product in Latin America and the ...

US home prices surge 17% in May, fastest in 17 years

Prices for U.S. homes rose faster in May than they have in 17 years as surging demand for housing outstripped the supply.

Sales of new homes fall 6.6% in June

Sales of new homes fell for a third straight month in June, dropping by 6.6% to the lowest level in more than a year.

Cuomo 'eager' for facts of AG's probe to come out

In his first televised news conference since being questioned by investigators with the New York Attorney General's office ...

Lebanon signs deal to sell Iraqi fuel in move to ease crisis

Lebanon signed a deal Saturday to broker Iraqi fuel sales in hopes of alleviating a crippling financial and energy crisis in ...

China's Xi visits Tibet amid rising controls over religion

Chinese leader Xi Jinping has made a rare visit to Tibet as authorities tighten controls over the Himalayan region’s ...

$1M in fines after nitrogen kills 6 at Georgia poultry plant

Federal workplace safety officials are proposing nearly $1 million in fines against four companies following a January liquid ...

Washington Post reporter sues paper for discrimination

Washington Post politics reporter Felicia Sonmez sued the paper and several of its current and former editors for ...

Twitter posts stronger-than-expected Q2 results, shares jump

Twitter on Thursday posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across ...

Biden admin stepping up community grants from COVID bill

President Joe Biden's administration is beginning to make $3 billion in economic development grants available to communities ...

Existing US home sales up in June; prices reach new heights

Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end ...

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