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Economy News

All eyes on turnout as Iran election looms closer

Iran's presidential election may turn on turnout. Historically, the more Iranians who cast ballots, the greater the chance ...

Doug DeCinces

The Latest: Ex-baseball star guilty of 14 counts of trading

The Latest on the insider trading conviction of ex-baseball star Doug DeCinces (all times local): 5 p.m. Former baseball star ...

Seeking employment: Terrorist who flipped on al-Qaida

As mid-career resumes go, this one's a doozy: Bryant Neal Vinas tried to kill U.S. troops in Afghanistan, advised al-Qaida ...

IMF reaches staff-level agreement on second payment to Egypt

The International Monetary Fund has reached a staff-level agreement on a second payment that would make $1.25 billion ...

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NYC Icon Katz’s Deli Eyes Global Delivery

Katz’s Delicatessen has been sending a salami to your boy in the Army since 1942. Now the New York City restaurant is ...

Consumer prices rebounded 0.2 percent in April

Consumer prices rebounded moderately in April as energy prices climbed back up after a sharp decline in March. The Labor ...

J.C. Penney

US businesses increased stockpiles slightly in March

U.S. businesses increased their stockpiles slightly in March, while their sales were flat. The Commerce Department says ...

Losses at JC Penney double, sales slide, as do shares

Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for ...

US retail sales rebounded in April after sluggish winter

Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded from ...

South Korea recalls Hyundai cars, asks probe on cover-up

South Korea ordered Hyundai and Kia on Friday to recall 240,000 vehicles to repair five defects initially raised by a ...

Paul Cosentino, John Alatzas

How to invest without sacrificing your values

Social values may not be the first thing that comes to mind when investing in the stock market, but there are numerous ways ...

Coalition: Capture of IS-held town undermines militant group

The capture of a key Syrian town and a nearby dam from Islamic State group militants undermines the extremist group's ability ...

Wholesale prices jumped in April

Inflation at the wholesale level jumped in April by the largest amount in three months, fueled by rising prices of food and ...

Macy's

Lower sales drag down Macy's profit, results miss forecast

Lower sales dragged Macy's profit down for the first quarter, highlighting the challenge for retailers as customers shift to ...

Kofi Annan

Ex-UN chief Annan is worried about lost jobs and leadership

Former U.N. chief Kofi Annan is worried about lost jobs. And he says many people worldwide have lost faith in political and ...

Nissan annual profit rises on strong US, China, Europe sales

Japanese automaker Nissan Motor Co.'s profit rose by 27 percent in the fiscal year that ended in March to 663.5 billion yen ...

Verizon

Verizon wins bidding war with AT&T for Straight Path

Verizon Communications is buying Straight Path Communications for about $3.1 billion, ending a bidding war with AT&T over the ...

China auto sales shrink in April as demand cools sharply

China's auto sales shrank in April as demand for most types of vehicles wilted, an industry group said Thursday. The China ...

Emirates airline profits down 83 percent in past year

Emirates, the Middle East's largest airline, said Thursday its profits fell by more than 80 percent to $340 million last year ...

Jabar Ali al-Luaibi

Iraq, Algeria support extension of oil production cuts

Iraq and Algeria support the extension of oil production cuts by OPEC and non-OPEC producers through the end of the year to ...

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