Economy News

September 13, 2017

Target stocks up on staff, raising holiday hiring 40 percent

Target is stocking its stores and warehouses with even more extra staff this holiday shopping season, hoping to win customers ...

September 13, 2017

US producer prices rose in August as energy costs shot up

Higher energy costs led to prices at the wholesale level rising in August at the fastest pace in four months. The Labor ...

September 13, 2017

The Latest: EU chief says his job should go in streamlining

The Latest on the "State of the European Union" address by European Commission President Jean-Claude Juncker (all times ...

September 13, 2017

Tanker, dredger collide off Singapore; 2 dead, 3 missing

An oil tanker and a dredger collided in Singapore waters Wednesday, capsizing the dredger and leaving two dead and three crew ...

September 13, 2017

American household income finally topped 1999 peak last year

In a stark reminder of the damage done by the Great Recession and of the modest recovery that followed, the median American ...

September 12, 2017

Investigators cite Tesla Autopilot limits in fatal crash

Design limitations of the Tesla Model S's Autopilot played a major role in the first known fatal crash of a highway vehicle ...

September 12, 2017

The Latest: Drivers blamed for crash of car on auto control

The Latest on a safety board meeting on semiautonomous control systems in cars (all times local): 4 p.m. The National ...

September 12, 2017

WH: Trump was 'Right' to Fire Comey from FBI

The White House says President Donald Trump "was right" to fire FBI Director James Comey after former White House adviser ...

September 12, 2017

SC Ends Evacuation Order, 200K Without Power

South Carolina Gov. Henry McMaster says residents of seven islands and a beach evacuated because of Hurricane Irma can return ...

September 12, 2017

Postings of US job openings hit a record high in July

Job openings posted by U.S. employers reached an all-time high in July, suggesting that the steady hiring of the past year ...

September 12, 2017

UK tries to protect 4,500 Belfast jobs from Boeing trade row

The British government is trying to find a way to protect some 4,500 jobs in Belfast endangered by a trade dispute.

September 12, 2017

Saudi prince acquires $1.5B stake in Banque Saudi Fransi

The Kingdom Holding Company, run by Saudi billionaire Prince Alwaleed bin Talal, says it will acquire from Credit Agricole ...

September 12, 2017

Nissan decries incremental change, seeks dramatic jumps

Aiming to get an edge on its rivals in an intensely competitive industry, Japanese automaker Nissan says it's attempting to ...

September 12, 2017

Residents Return to Damaged Homes in Miami

Inside the Edgewater section of Miami, several roofs were ripped off, power lines lay on the ground and a large truck was ...

September 11, 2017

Harvey and Irma to slow US economy but rebound should follow

With businesses disrupted, fuel and chemical refineries out of commission and consumers struggling to restore their lives, ...

September 11, 2017

NASA Releases Time-Lapse Satellite of Irma

NASA has released satellite imagery tracking Hurricane Irma over a ten day period from 1 September to 10 September as it ...

September 11, 2017

Venezuelan president wraps up Algeria trip with talks on oil

Venezuelan President Nicolas Maduro said at the end of a two-day visit to Algeria Monday that his country and the North ...

September 11, 2017

Worst-case scenario not happening and insurance sector soars

Though damage from Hurricane Irma is extensive, property insurers are breathing a sigh of relief with the storm nowhere near ...

September 11, 2017

Afghanistan seeks speedy development of Iranian port

Afghanistan's foreign minister asks India to expedite development of a strategic port in Iran to bolster a trade route for ...