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Economy News

September 19, 2017
Post Holdings buying Bob Evans Farms in $1.53B deal
Bob Evans Farms is being sold to Post in a deal worth about $1.53 billion, giving the cereal maker a stronger presence in the ...
September 19, 2017
US current account deficit hits $123.1 billion
The deficit in the broadest measure of U.S. trade rose to the highest level in more than eight years this spring, reflecting ...
September 19, 2017
Global shares drift as investors pause ahead of Fed
Global stock markets traded in fairly narrow ranges Tuesday as investors paused for breath, a day after U.S. stock markets ...
September 18, 2017
Officer in nurse arrest was reprimanded for sex harassment
A Utah officer caught on video dragging a nurse from a hospital and handcuffing her was previously reprimanded for sexually ...
September 18, 2017
US homebuilder sentiment falls in September
U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding efforts ...
September 18, 2017
Another major deal in defense sector as global tensions rise
Northrop Grumman is buying Orbital ATK for about $7.8 billion, with a backdrop of rising global tensions accelerating big ...
September 18, 2017
Roku aims to raise $252 million with IPO
Video streaming pioneer Roku hopes to raise just over $252 million in an initial public offering as it tries to expand into ...
Sulu Sou
September 18, 2017
Young democracy activist among Macau election winners
Macau voters have elected a young pro-democracy activist to the Chinese casino capital's legislature, as opposition lawmakers ...
September 18, 2017
Burst fuel pipe to disrupt New Zealand flights through week
A rupture in the main pipeline carrying jet fuel to New Zealand's largest airport has disrupted the travel plans of thousands ...
September 17, 2017
Dubai port operator DP World to pull out of Indonesia
One of the world's largest port operators, DP World, says it will not be renewing its contract in Indonesia after failing to ...
September 17, 2017
Porsche plows into spectators at Idaho car show; 11 hurt
A Porsche plowed into a crowd of spectators at a Boise, Idaho, car show, injuring 11 in a horrifying scene that saw ...
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September 16, 2017
1 Arrest, Security Boost Follows UK Subway Blast
An 18-year-old man has been arrested in Dover, and British officials held an emergency Cabinet meeting to discuss the terror ...
September 15, 2017
Nigeria declares Biafra separatist movement terrorist group
Nigeria's military on Friday named the Indigenous People of Biafra a terrorist organization, targeting a movement that 50 ...
September 15, 2017
Employers stepped up hiring in 6 US states last month
Hiring picked up in six U.S. states last month, fell in three and was mostly unchanged in 41 states in August. The Labor ...
retail, consumer spending, economy, shoes
September 15, 2017
US businesses increase stockpiles in July
U.S. businesses increased their stockpiles in July, but at a slower pace than in June. Sales also rose by a small amount.
September 15, 2017
US retail sales dipped 0.2 pct. in August as auto sales fell
Consumers cut back on their shopping in August by the largest amount in six months as declining auto sales offset gains in ...
September 15, 2017
Hyundai Motor to launch Genesis midsize sedan in US in 2018
Hyundai Motor will launch its first midsize sports sedan under the Genesis brand in South Korea next week and in the U.S.
Donald Trump
September 15, 2017
Trump says no decision yet on Yellen but likes her 'a lot'
President Donald Trump says he has not made a decision yet on whether he will re-nominate Federal Reserve Chair Janet Yellen ...
September 15, 2017
Industry panel recommends roll back of aviation safety rules
An influential industry committee recommended Thursday that the Federal Aviation Administration eliminate or scale back ...
September 14, 2017
The Latest: Trump calls Mnuchin 'honorable man'
The Latest on Treasury Secretary Steven Mnuchin's use of government planes. (all times local): 3:30 p.m. President Donald ...
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