Finance News

February 18, 2019

China seizes $1.5 billion in online lending crackdown

Chinese police have investigated 380 online lenders and frozen $1.5 billion in assets following an avalanche of scandals in ...

February 18, 2019

For sake of pupils' pupils, China to ban homework on apps

An eastern Chinese province plans to ban teachers from assigning homework to be completed on cellphone apps as part of ...

February 18, 2019

New Zealand plans new tax for giants like Google, Facebook

New Zealand's government announced plans on Monday for a new tax targeting online giants like Google and Facebook that earn ...

February 17, 2019

Shanahan says he hasn't determined amount for border wall

The acting secretary of defense said Saturday he has not yet determined how much money he will redirect to President Donald ...

February 16, 2019

Trump declaration faces uncertain fate in coming court fight

Let the lawsuits begin. President Donald Trump declared a national emergency along the southern border Friday and predicted ...

Robert Lighthizer, Steven Mnuchin, Xi Jinping, Liu He

February 15, 2019

Trump says he might extend deadline in US-China talks

President Donald Trump said that "there's a possibility" he would extend a March 2 deadline in trade talks with China if the ...

February 15, 2019

Spain to get 3rd gov't in 4 years amid fragmenting politics

Spain will elect its third government in less than four years after Prime Minister Pedro Sanchez's fragile socialist ...

February 14, 2019

Report finds problems with student loan servicing, oversight

The nine companies and organizations tasked with servicing the accounts of the nation's 30 million student loan borrowers ...

February 14, 2019

US unemployment claims rise by 4,000 to 239,000

The number of Americans applying for unemployment benefits rose last week but remains at levels low enough to show that most ...

February 14, 2019

Parkland massacre survivors privately mourning anniversary

The communities and families terrorized by the Marjory Stoneman Douglas High School massacre will spend Thursday's ...

February 14, 2019

Japan's economy rebounds in 4Q, growth for 2018 at 0.7 pct

Japan's economy picked up some momentum in the last quarter of 2018 but still slowed from the growth seen in the previous ...

February 14, 2019

Trump still coy on border deal - but claims victory anyway

Congressional bargainers formally completed a bipartisan border security pact late Wednesday and President Donald Trump ...

February 14, 2019

China, US start trade talks ahead of March tariff deadline

U.S. and Chinese negotiators began trade talks Thursday that President Donald Trump says will help decide whether he ...

February 13, 2019

Democrats to launch new voter database with Dean at the helm

Democratic National Committee Chairman Tom Perez is declaring a major victory ahead of the 2020 presidential election, with ...

February 13, 2019

US budget deficit running 41.8 percent above last year

The federal budget deficit in December totaled $13.5 billion, helping to push the deficit for the first three months of this ...

February 13, 2019

Budget defeat puts Spain's center-left government on ropes

Catalan separatist and right-wing lawmakers in the Spanish parliament's lower house rejected Wednesday the ruling Socialist ...

February 13, 2019

Australia to reopen island detention camp after refugee bill

The Australian government said Wednesday it would reopen a mothballed island detention camp in anticipation of a new wave of ...

February 13, 2019

National debt hits new milestone, topping $22 trillion

The national debt has passed a new milestone, topping $22 trillion for the first time. The Treasury Department's daily ...

February 12, 2019

US expects record domestic oil production in 2019, 2020

The United States expects domestic oil production to reach new heights this year and next, and that prices — for both crude ...