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Economy News

American Express profit falls 13 percent, but tops forecasts

Credit card company American Express said Wednesday that its first quarter profit fell 13 percent from a year earlier, as the ...

Fed survey finds moderate economic growth in spring

The Federal Reserve said Wednesday the U.S. economy kept expanding in the early spring, with tight labor markets and many ...

CENSUS YOUNG ADULTS

Census: Young women in US favor jobs outside the home

The milestones of adulthood for today's millennials: economic security and finishing school — not rushing to get married and ...

Correction: Massachusetts-Slain Runner story

In a story April 18 about a man arrested in connection with the death of a New York City woman out running near her mother's ...

Ivanka Trump, Jared Kushner

China says Ivanka Trump trademark requests handled properly

China is defending its handling of trademark applications from President Donald Trump's daughter Ivanka and her company, ...

Pound surge suggests UK election will yield smoother Brexit

The British pound's surge since Prime Minister Theresa May's surprise election call represents an early sign of optimism that ...

Jared Kushner, Ivanka Trump

Ivanka's biz prospers as politics mixes with business

Since her father was elected president of the United States, global sales of Ivanka Trump merchandise have surged and the ...

Yahoo bows out as public company with revenue shrinking

Yahoo is bowing out as a public company with its revenue still declining, a chronic problem that culminated in its sale to ...

Oscar Munoz

United CEO says no one will be fired for dragging incident

The CEO of United Airlines says no one will be fired over the dragging of a man off a plane — including himself. CEO Oscar ...

Bank of America profits jump, helped by interest rates

Bank of America's first quarter profits grew nearly 40 percent, the bank said Tuesday, helped by higher interest rates as ...

IMF foresees global economy accelerating to 3.5 pct. in '17

A resilient China, rising commodity prices and sturdy financial markets are offering a sunnier outlook for the global economy ...

Johnson & Johnson says pricing competition squeezed 1Q sales

Increased pressure to cut medicine prices and an industry-wide slowdown in consumer health product sales is hurting health ...

Goldman Sachs' profits miss forecasts as trading struggled

Goldman Sachs had a rare miss in its first quarter results, the bank said Tuesday, as its typically best-in-class trading ...

US housing starts fell in March; still stronger than in 2016

U.S. builders broke ground on fewer homes in March, but the pace of construction so far this year remains stronger than in ...

Private Dubai TV channel shutting down amid slowdown

A privately owned Dubai satellite television channel is shutting down amid an economic slowdown caused by low oil prices.

Taro Aso, Mike Pence

The Latest: Pence, Japanese leaders begin talks in Tokyo

The Latest on U.S. Vice President Mike Pence's trip to Asia (all times local): ___ 3:40 p.m. U.S. Vice President Mike Pence ...

Boeing to issue layoff notices to hundreds of employees

Boeing will issue hundreds of layoff notices to engineers in Washington state this week. The Daily Herald reported Monday ...

United Airlines representative

United's 1Q profit fell 69 percent, before dragging incident

United Airlines' profit plunged 69 percent in the first three months of the year, and that was before the terrible publicity ...

Brazil construction firm ordered to pay $2.6B in bribe case

Brazilian construction conglomerate Odebrecht was ordered on Monday to pay $2.6 billion in fines to settle charges it bribed ...

US homebuilder sentiment slips, but overall outlook positive

U.S. homebuilders are feeling slightly less optimistic about their sales prospects, even as their overall outlook remains ...

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