Economy News

December 08, 2019

Ukraine, IMF reach $5.5 billion agreement

Ukraine and the International Monetary Fund have reached agreement on a new $5.5 billion program to boost the country's ...

December 08, 2019

French strikes going strong on Day 4; government huddles

France's prime minister is holding special meetings Sunday about the government's divisive redesign of the national ...

December 08, 2019

Germany: Merkel party criticizes ally's call for concessions

The leader of German Chancellor Angela Merkel's party says she would have liked a clear signal from its junior governing ...

December 07, 2019

Protests subside, but economic aftershocks rattle Haitians

The flaming barricades are mostly gone, protesters have largely dissipated and traffic is once again clogging the streets of ...

December 07, 2019

Lebanon’s journalists suffer abuse, threats covering unrest

Lebanese journalists are facing threats and wide-ranging harassment in their work — including verbal insults and physical ...

December 07, 2019

PG&E says it has reached $13.5 billion wildfire settlement

Pacific Gas and Electric announced Friday it has reached a tentative $13.5 billion settlement resolving all major claims ...

December 06, 2019

Hitting the plastic: US credit card use jumped in October

U.S. consumers ramped up their credit card spending in October. The Federal Reserve said Friday that total consumer borrowing ...

December 06, 2019

Amazon says delivery times back to normal after delays

Amazon said Friday that it's back to delivering its packages on time after bad weather and a rush of orders caused some ...

December 06, 2019

GOP Rep. pitches LGBTQ rights bill with religious exemptions

As Democrats champion anti-discrimination protections for the LGBTQ community and Republicans counter with worries about ...

December 06, 2019

US gains a robust 266,000 jobs; unemployment falls to 3.5%

Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off trade ...

December 06, 2019

Andrew Yang: Trump is not cause of our problems

Democratic presidential candidate Andrew Yang tells the AP his "21st century" modern campaign is reaching voters through ...

December 06, 2019

UN office: Iranian forces were ‘shooting to kill’ protesters

Iranian security forces were “shooting to kill” in their deadly crackdown against protesters in recent weeks, according to ...

December 05, 2019

United's Kirby to take over for CEO Oscar Munoz

Three years after being dumped by a rival, Scott Kirby will become the next CEO of United Airlines, where he has played a key ...

December 05, 2019

US trade gap narrows as imports fall amid China conflict

The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with ...

December 05, 2019

Boeing tries to reassure airline industry leaders about Max

Boeing is reassuring airline industry leaders about the safety of the grounded 737 Max as it continues working to get the ...

December 05, 2019

Saudi Aramco plans $25.6B share sale in biggest ever IPO

Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — ...

December 05, 2019

US long-term mortgage rates steady; 30-year loan at 3.68%

U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low ...

December 05, 2019

Voluntary evacuation order issued in Texas city after blasts

Concerns over air quality have prompted a voluntary evacuation order in a Texas Gulf Coast city where a pair of chemical ...

December 05, 2019

Poland says it foiled $517 million cocaine smuggling plan

Poland’s prime minister says the nation’s security services have foiled a $517 million (467 million euros) plan to smuggle ...

December 05, 2019

The Latest: French protesters set fires amid strikes

The Latest on strikes in France (all times local): 3:45 p.m. Small groups of protesters are hurling flares, smashing store ...