Economy News

February 17, 2021

US retail sales jumps 5.3%, thanks to $600 stimulus checks

Those $600 stimulus checks got Americans shopping again. After three months of declines, retail sales soared a seasonally ...

February 17, 2021

Wholesale prices surge 1.3%, led by health care and energy

U.S. wholesale prices surged by a record 1.3% in January, led by big gains in health care and energy prices.

February 17, 2021

Anger builds amid Texas power outages

Anger in Texas over power outages during a record winter freeze is building as millions don't have electricity or heat. Gov.

February 17, 2021

Tribune agrees to purchase by hedge fund for $630 million

The newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and ...

February 17, 2021

Trump faces new legal fights over US Capitol riot

Donald Trump's acquittal at his 2nd impeachment trial may not be the final word on whether he's to blame for the deadly riot ...

February 16, 2021

Black franchise owner sues McDonald's, cites bias

The Black owner of 14 McDonald's franchises in Ohio says one of the world's largest restaurant chains has shown more ...

February 16, 2021

Houston mayor: Texas needs more power generation

As millions shiver in the dark after a winter storm, Houston's mayor calls the failure of the state's power grid ...

February 16, 2021

Australian PM apologizes to ex-staffer alleging rape at work

Australia’s Prime Minister Scott Morrison on Tuesday apologized to a former government staffer who alleged she was raped by ...

February 15, 2021

Myanmar security forces intensify crackdown on protesters

Security forces in Myanmar pointed guns toward anti-coup protesters and attacked them with sticks Monday, seeking to quell ...

February 15, 2021

Congo president names new prime minister, increases control

Congo’s president has appointed a new prime minister, further strengthening his control of the government over which his ...

February 15, 2021

Got no milk: Nestle creates vegan KitKat bar

Coming soon to a selected retailer near you: a vegan version of the iconic KitKat candy bar. Switzerland's Nestle didn't ...

February 15, 2021

Snow and ice blanket southern Plains states

A winter storm dropping snow and ice also sent temperatures plunging across the southern Plains. More than 1.3 million ...

February 13, 2021

Fuel tanker blast at Afghan-Iran border causes massive fire

A fuel tanker exploded Saturday at the Islam Qala crossing in Afghanistan's western Herat province on the Iranian border, ...

February 12, 2021

US gun maker Colt bought by Czech company

Czech firearms company Ceska Zbrojovka has signed a deal to acquire Colt, the American gun maker that helped develop ...

February 12, 2021

How a leading anti-Trump group ignored a crisis in its ranks

Last June, the Lincoln Project was on a high. Led by several prominent former Republican consultants, its slickly produced ...

February 12, 2021

Report faults landing of Southwest jet that overshot runway

A federal investigator says Southwest Airlines pilots on a flight into Burbank, California, overshot the ideal touchdown ...

February 11, 2021

HUD reverses Trump policy, bans gender identity housing bias

The Department of Housing and Urban Development will begin enforcing a ban on housing discrimination based on sexual ...

February 11, 2021

United: Small electric air taxis will zip people to airports

United Airlines said Wednesday it will buy up to 200 small electric air taxis to help customers in urban areas get to the ...

February 10, 2021

US consumer prices up 0.3% in January, led by energy spike

U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly ...

February 10, 2021

Attorneys challenge Weinstein Co. bankruptcy plan approval

Four women who have accused disgraced film mogul Harvey Weinstein of sexual misconduct are appealing a Delaware judge’s ...