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Economy

  • Ford Ceases Production at Brazilian Plants, Cutting Thousands of Jobs
    Ford Ceases Production at Brazilian Plants, Cutting Thousands of Jobs
    Ford Motor Co. announced on Monday plans to cease all production of its automobiles in Brazil this year.
    January 12, 2021BY Lorenz Duchamps
  • Pelosi Defends Stalling on COVID-19 Relief Bill
    Pelosi Defends Stalling on COVID-19 Relief Bill
    House Speaker Nancy Pelosi (D-Calif.) defended delaying the passage of the COVID-19 relief measure and its associated second ...
    January 12, 2021BY Tom Ozimek
  • OPEC Crude Output Cuts Should Help US Shale Profits in 2021
    OPEC Crude Output Cuts Should Help US Shale Profits in 2021
    HOUSTON—A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present ...
    January 11, 2021BY Reuters
  • US Trade Chief Lighthizer Calls on Biden to Maintain Tariffs on China: Report
    US Trade Chief Lighthizer Calls on Biden to Maintain Tariffs on China: Report
    U.S. Trade Representative Robert Lighthizer has urged the incoming Biden administration to keep tariffs on China, while crediting ...
    January 11, 2021BY Tom Ozimek
  • US Consumer Credit Up 4.4 percent in November, Best in 5 Months
    US Consumer Credit Up 4.4 percent in November, Best in 5 Months
    WASHINGTON—U.S. consumer borrowing rose 4.4 percent in November 2020, its strongest showing in five months, led by strong ...
    January 11, 2021BY The Associated Press
  • Fed Transcripts Show Doubts About Need for 2015 Rate Hike
    Fed Transcripts Show Doubts About Need for 2015 Rate Hike
    WASHINGTON—Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were ...
    January 11, 2021BY The Associated Press
  • Biden Renews Call for $2,000 Stimulus Checks
    Biden Renews Call for $2,000 Stimulus Checks
    President-elect Joe Biden has renewed calls for $2,000 direct payments to be included in the next CCP virus ...
    January 11, 2021BY Janita Kan
  • US Loses 140,000 Jobs, First Monthly Decline Since April
    US Loses 140,000 Jobs, First Monthly Decline Since April
    WASHINGTON—U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that ...
    January 10, 2021BY The Associated Press
  • Hyundai Recalls 471,000 More SUVs, Tells Owners to Park Outside
    Hyundai Recalls 471,000 More SUVs, Tells Owners to Park Outside
    Hyundai is adding about 471,000 SUVs to a September U.S. recall for an electrical short in a computer ...
    January 9, 2021BY The Associated Press
  • Oil Rises to 11-month High, Logs Weekly Gain on Saudi Output Cut
    Oil Rises to 11-month High, Logs Weekly Gain on Saudi Output Cut
    Oil prices hit their highest level in nearly a year on Friday, gaining 8 percent on the week.
    January 9, 2021BY Reuters
  • US Unemployment Claims Slip to Still-High 787,000
    US Unemployment Claims Slip to Still-High 787,000
    WASHINGTON—The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that ...
    January 9, 2021BY The Associated Press
  • Manchin ‘Absolutely’ Opposes Further Blanket Direct Payment Checks
    Manchin ‘Absolutely’ Opposes Further Blanket Direct Payment Checks
    Sen. Joe Manchin (D-W.Va.), a moderate Democrat, on Friday said he opposed providing $2,000 stimulus checks, putting him at odds ...
    January 9, 2021BY Masooma Haq
  • Boeing Will Pay $2.5 Billion to Settle Charge Over 737 MAX
    Boeing Will Pay $2.5 Billion to Settle Charge Over 737 MAX
    Boeing will pay $2.5 billion to settle a Justice Department investigation and admit that employees misled regulators about ...
    January 8, 2021BY The Associated Press
  • Treasury Sends Millions of Stimulus Payments by Prepaid Debit Card
    Treasury Sends Millions of Stimulus Payments by Prepaid Debit Card
    The Treasury Department’s Internal Revenue Service (IRS) this week began sending about 8 million of the $600 payments ...
    January 8, 2021BY Isabel van Brugen
  • Wendy’s Franchisees, Flynn to Buy Bankrupt NPC’s Burger Joints
    Wendy’s Franchisees, Flynn to Buy Bankrupt NPC’s Burger Joints
    Wendy's Co said on Thursday restaurant operator Flynn Restaurant Group as well as a few other of its ...
    January 7, 2021BY Reuters
  • US Unemployment Claims Slip to 787,000
    US Unemployment Claims Slip to 787,000
    WASHINGTON—The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that ...
    January 7, 2021BY The Associated Press
  • US Weekly Jobless Claims Unexpectedly Fall; Trade Deficit Widens Sharply
    US Weekly Jobless Claims Unexpectedly Fall; Trade Deficit Widens Sharply
    WASHINGTON—The number of Americans filing first-time claims for jobless benefits unexpectedly dipped last week while staying extremely high, ...
    January 7, 2021BY Reuters
  • US Service Sector Regains Speed in December: ISM Survey
    US Service Sector Regains Speed in December: ISM Survey
    WASHINGTON—U.S. services industry activity accelerated in December, but sky-rocketing COVID-19 infections depressed employment, heightening the risk that the ...
    January 7, 2021BY Reuters
  • New York Stock Exchange Reverses Course Again, Will Delist 3 Chinese Telecom Firms After All
    New York Stock Exchange Reverses Course Again, Will Delist 3 Chinese Telecom Firms After All
    The New York Stock Exchange said on Jan. 6 that it will delist three Chinese telecom companies beginning ...
    January 6, 2021BY Reuters
  • Handful of States Begin Paying Out Extra $300 Weekly Jobless Benefit
    Handful of States Begin Paying Out Extra $300 Weekly Jobless Benefit
    Around a dozen states have begun paying out the extra $300 per week in unemployment benefits that are ...
    January 5, 2021BY Tom Ozimek
  • US Factories Grew in December at Fastest Pace Since Mid-2018
    US Factories Grew in December at Fastest Pace Since Mid-2018
    WASHINGTON—American factories grew in December 2020 at the fastest pace in more than two years as manufacturing continued ...
    January 5, 2021BY The Associated Press
  • TSA Says About 500 Million Fewer People Traveled by Air in the US in 2020
    TSA Says About 500 Million Fewer People Traveled by Air in the US in 2020
    U.S. travel agencies have seen about 61 percent fewer people at security checkpoints last year compared to 2019 ...
    January 5, 2021BY Lorenz Duchamps
  • US Construction Spending Increases Solid 0.9 Percent in November
    US Construction Spending Increases Solid 0.9 Percent in November
    WASHINGTON—Spending on U.S. construction projects increased 0.9 percent in November 2020 as strength in home building offset weakness ...
    January 4, 2021BY The Associated Press
  • US Stocks in 2020: A Year for the History Books
    US Stocks in 2020: A Year for the History Books
    NEW YORK—The year 2020 was a wild one for Wall Street, bookended by the end of the longest ...
    January 4, 2021BY Reuters
  • Markets Eye High-Stakes Georgia Election, Joint Session of Congress
    Markets Eye High-Stakes Georgia Election, Joint Session of Congress
    WASHINGTON—The stock market ended the turbulent year of 2020 at all-time highs, despite the pandemic lockdown measures and resulting economic recession. ...
    January 3, 2021BY Emel Akan
  • US Jobless Claims Dip But Show Recovery Has Long Way to Go
    US Jobless Claims Dip But Show Recovery Has Long Way to Go
    Fewer Americans sought unemployment benefits last week, but the modest drop did little to dispel concerns that the ...
    January 3, 2021BY Reuters
  • US Congress Bans Anonymous Shell Companies
    US Congress Bans Anonymous Shell Companies
    The U.S Senate on Friday passed a bill overhauling anti-money laundering rules and banning anonymous shell companies.
    January 2, 2021BY Reuters
1 2 3 … 34 Next
TOP NEWS
  • What Happened in DC on Jan. 6
    NEW By Petr Svab
    What Happened in DC on Jan. 6
  • Video: Facts Matter (Jan. 12): More Censorship Hits America; Trump Advisor Put on “a List”
    2hr By Roman Balmakov
    Video: Facts Matter (Jan. 12): More Censorship Hits America; Trump Advisor Put on “a List”
  • House Votes to Pressure Pence to Invoke 25th Amendment After He Rejected to Do So
    2hr By Janita Kan
    House Votes to Pressure Pence to Invoke 25th Amendment After He Rejected to Do So
  • Google’s Youtube Suspends Trump, Accuses Him of Violating Its Policies
    3hr By Mimi Nguyen Ly
    Google’s Youtube Suspends Trump, Accuses Him of Violating Its Policies
  • Pelosi Names House Impeachment Managers Ahead of Vote
    3hr By Isabel van Brugen
    Pelosi Names House Impeachment Managers Ahead of Vote
  • FBI Received Intelligence About Potential for Violence Before US Capitol Breach
    3hr By Janita Kan
    FBI Received Intelligence About Potential for Violence Before US Capitol Breach
  • Vermont College Revokes Giuliani’s Honorary Degree
    4hr By Ivan Pentchoukov
    Vermont College Revokes Giuliani’s Honorary Degree
  • Video: Parler CEO On Fighting Censorship and Double Standards, and Restoring Free Speech
    6hr By Joshua Philipp, The Epoch Times
    Video: Parler CEO On Fighting Censorship and Double Standards, and Restoring Free Speech
  • Pence Refuses to Invoke the 25th Amendment
    6hr By Mimi Nguyen Ly
    Pence Refuses to Invoke the 25th Amendment
  • Federal Prosecutors Building Seditious, Conspiracy Cases Against Some Capitol Rioters: DOJ
    7hr By Janita Kan
    Federal Prosecutors Building Seditious, Conspiracy Cases Against Some Capitol Rioters: DOJ
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