Finance News

November 13, 2018

US October budget deficit jumps to $100.5 billion

The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily ...

November 13, 2018

IMF: Mideast oil producers buoyed by higher prices, for now

Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like ...

November 11, 2018

Iran arrests ex-minister of welfare over financial fraud

Iran's official IRNA news agency says authorities have arrested the former minister of welfare and social security for ...

November 11, 2018

Schumer: FAA too slow tackling airline seat size concerns

The Senate's top Democrat says the Federal Aviation Administration isn't moving fast enough to roll out a plan to stop ...

November 11, 2018

China's annual shopping frenzy shatters another record

Online shoppers spent more than $14 billion within the first two hours of China's annual buying frenzy on Sunday, once again ...

November 11, 2018

Chinese leaders struggle to dispel stock market gloom

Lu Yushan, a retired salesman, has advice for investors in China's slumping stock market: Sell. Lu's shares soared over the ...

November 09, 2018

Democrats' House takeover spurs hope for farm bill this year

Prospects have improved for Congress to pass a bipartisan farm bill before the end of the year after Democrats secured the ...

November 09, 2018

Hamas gets funds from Qatar to pay civil servants' salaries

Gaza's Hamas rulers lauded on Friday what they described as a gain of their weekly protests along Gaza-Israel perimeter ...

November 09, 2018

How military service impacts student loan repayment options

If you're a veteran with student debt, you have repayment rights unique to military service members that can keep you on ...

November 09, 2018

Democrats eye Trump's tax returns but expect a long fight

Getting President Donald Trump's tax returns is high on the list of Democratic priorities now that they have won the House.

November 08, 2018

What to do when a fund in your portfolio closes

The past decade has seen an explosion in new exchange-traded funds. Investors have flocked to ETFs because they trade like ...

November 08, 2018

Main suspect in Danish fraud case to leave South Africa

A Danish woman suspected of a huge fraud at home, will return to Denmark, a South African court ruled Thursday.

November 08, 2018

Health insurers riding postelection wave

Health insurers are extending their postelection streak before the opening bell thanks to several ballot initiatives and the ...

November 08, 2018

Fed is set to keep rates on hold before a hike later in year

The Federal Reserve appears on track to raise interest rates once more this year but will likely hold off on any action when ...

November 08, 2018

Banks could face tighter scrutiny under Rep. Maxine Waters

Come January, the banking industry is going to be on Rep. Maxine Waters' time. With Democrats taking control of the House of ...

November 07, 2018

The Latest: Key Democrat hopes to work with Trump on roads

The Latest on Congress in the wake of Tuesday's midterm election (all times local): 5 p.m. A key Democratic lawmaker says he ...

November 06, 2018

Judge approves restructuring for Puerto Rico government bank

A federal judge overseeing a bankruptcy-like process for Puerto Rico has approved the restructuring of the island's ...

November 06, 2018

South Africa police confirm arrests of 2 Danish citizens

South Africa's top police officer says officers arrested the adult son of a Danish woman suspected of a huge fraud at home, ...

November 06, 2018

UK regulator says EU firms express transition interest

Britain's financial regulator says about 1,300 firms from the rest of the European Union have expressed interest in a ...