Economy News

October 16, 2018

Democrats lead Republicans on fundraising ahead of midterms

Democrats lead Republicans in the money race in many of the key Senate and House campaigns three weeks ahead of midterm ...

October 16, 2018

The Amazon of its day, Sears' woes were years in the making

Before there was Amazon — or, for that matter, Home Depot or Walmart or Kmart — there was Sears. From its beginnings as a ...

October 16, 2018

Firms cite law in Missouri boat accident, seek mediation

Two companies facing multiple lawsuits over a summer tourist boat accident in Missouri that killed 17 people have invoked an ...

October 15, 2018

Girdles and socket wrenches: Sears was the Amazon of its day

Before there was Amazon — or, for that matter, Home Depot or Walmart or Kmart — there was Sears. From its beginnings as a ...

October 15, 2018

US retail sales edged up in September

U.S. consumer spending edged up a slight 0.1 percent in September, a disappointing performance in which rebounding auto sales ...

October 15, 2018

Sears files for Chapter 11 amid plunging sales, massive debt

Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it ...

October 15, 2018

Woman who refused to let black neighbor into building fired

A white woman who refused to allow a black neighbor into their downtown St. Louis apartment building because he wouldn't show ...

October 15, 2018

Business sales have healthy gain, prices up over 11 percent

As demand for small businesses increases, so do their selling prices, a sign that owners are reaping the rewards of keeping ...

October 15, 2018

Report: Bullying, harassment rife at UK Parliament

Britain's House of Commons is a sometimes dysfunctional workplace in which bullying and sexual harassment have long been ...

October 15, 2018

Asian stocks slip on continuing global trade worries

Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth.

October 15, 2018

Saudis reject threats as stocks plunge after Trump comments

Saudi Arabia on Sunday threatened to retaliate for any sanctions imposed against it after President Donald Trump said the ...

October 14, 2018

German high-speed rail line to be closed for days after fire

Germany's national railway says the high-speed line between Frankfurt and Cologne, a major travel artery, is expected to ...

October 13, 2018

UN report: Banned Somali charcoal exports pass through Iran

Banned charcoal exports from Somalia are thriving, generating millions of dollars a year for al-Qaida-linked al-Shabab ...

October 13, 2018

Britain to introduce new, more secure 50-pound notes

Britain plans to keep the 50-pound ($65) note part of its currency by introducing a new more secure version of its highest ...

October 13, 2018

The Latest: IMF's Lagarde planning to attend Saudi meeting

The Latest on the annual meeting of the International Monetary Fund and World Bank in Bali, Indonesia (all times local): 3:55 ...

October 13, 2018

'I love the Saudis': Trump business ties to kingdom run deep

President Donald Trump's business ties to Saudi Arabia are under scrutiny following the disappearance of one of its critics, ...

October 12, 2018

Tech stock rally helps snap losing streak as rough week ends

Stocks rebounded Friday, clawing back some of the week's steep losses, but the turbulent trading of the last few days left ...

October 12, 2018

Global business leaders suspend ties with Saudi Arabia

Global business leaders are reassessing their ties with Saudi Arabia, stoking pressure on the Gulf kingdom to explain what ...

October 12, 2018

New technology, housekeeping among concerns in hotel strikes

Robots delivering room service, check-in kiosks with facial recognition technology and "smart" speakers that serve as an ...