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Economy News

May 16, 2019
Iraqi airline set to resume flights to Syrian capital
Syria's Transport Ministry says Iraqi Airways is set to resume flights to the Syrian capital Damascus for the first time ...
May 16, 2019
US long-term mortgage rates fall; 30-year average at 4.07%
U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement ...
May 16, 2019
US home construction climbed 5.7% in April
U.S. home construction rose in April, led by an uptick in single-family homes. The Commerce Department said Thursday that ...
May 16, 2019
Warren proposes new ethics rules at the Pentagon
Elizabeth Warren is releasing a new proposal to overhaul ethics rules at the Pentagon that would impose a four-year timeout ...
May 16, 2019
China criticizes US action against Huawei
China vowed Thursday to "resolutely safeguard" Chinese companies after Washington labeled telecom equipment giant Huawei a ...
May 16, 2019
Shares in UK travel agency plunge amid Brexit warning
Shares in travel agency Thomas Cook slumped 17 percent after it reported a 1.5 billion pound ($1.9 billion) half year pre-tax ...
May 16, 2019
At least 9 trapped in Shanghai building collapse
A building that was being refurbished collapsed Thursday in downtown Shanghai, and at least nine people are trapped while 11 ...
May 16, 2019
'Harsh,' 'disrespectful,' but no bullying in WADA case
Witnesses saw tears in Beckie Scott's eyes following a meeting in which one man called her attitude "victimistic" and another ...
Daniel Elwell
May 16, 2019
FAA chief defends handling of Boeing Max safety approval
The acting chief of the Federal Aviation Administration defended his agency's safety certification of the Boeing 737 Max ...
Macys
May 15, 2019
Macy's warns customers could feel impact of trade war
Macy's customers may finally start to feel the impact of President Donald Trump's trade war with China. Like many department ...
2019 Ford Escapes, r m
May 15, 2019
Retail sales in 2019 are a wild ride, slip 0.2% in April
U.S. retail sales declined last month as Americans cut back their spending on clothes, appliances, and home and garden ...
May 15, 2019
Japanese space startup aims to compete with US rivals
A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete ...
May 15, 2019
Ford adds 270,000 cars to recall for unintended rollaways
Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away ...
May 15, 2019
US industrial production down 0.5% in April
U.S. industrial production fell in April, dragged by a big drop in factory output as production of autos and auto parts ...
May 15, 2019
Asian stocks follow Wall Street higher
Asian stocks followed Wall Street higher Wednesday after President Donald Trump downplayed his escalating tariff war with ...
May 15, 2019
Saudi Arabia says its oil pipeline was hit by drones
An oil pipeline that runs across Saudi Arabia was hit Tuesday by drones, the Saudi energy minister said, as regional tensions ...
Angie Muhs
May 15, 2019
Staffer: Illinois newspaper editor resigns to spare layoffs
Illinois' capital-city newspaper, a 188-year-old institution tied intimately to Abraham Lincoln, is without a news chief ...
May 14, 2019
Trump nominee to lead FAA faces aircraft safety questions
Stephen Dickson flew military jets then went on to pilot five different jetliners during a 27-year career at Delta Air Lines ...
May 14, 2019
UK's May to make new push on her Brexit deal next month
British Prime Minister Theresa May will try again next month to secure Parliament's backing for a Brexit deal so that the U.K
May 14, 2019
UK jobless rate falls to its lowest level in 45 years
Official figures show that Britain's unemployment rate has fallen to its lowest level in 45 years, though wage growth ...
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