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Economy

  • Insurer AIG to Pay $12 Million Fine for NY Pension Transfers
    Insurer AIG to Pay $12 Million Fine for NY Pension Transfers
    American International Group (AIG) agreed on Monday to pay a $12 million civil fine to settle charges that it conducted life insurance business in New York without a license. The ...
    February 1, 2021BY Reuters
  • Senate Republicans Propose $618 Billion in Pandemic Relief as Counter to Biden’s $1.9 Trillion Plan
    Senate Republicans Propose $618 Billion in Pandemic Relief as Counter to Biden’s $1.9 Trillion Plan
    Ten Senate Republicans on Feb. 1 unveiled their $618 billion counterproposal to President Joe Biden’s $1.9 trillion pandemic ...
    February 1, 2021BY Tom Ozimek
  • Some Reddit WallStreetBets Users Urge Others Not to Buy Silver, Stick With GameStop
    Some Reddit WallStreetBets Users Urge Others Not to Buy Silver, Stick With GameStop
    Several top posts on the highly popular WallStreetBets sub-Reddit forum have suggested that users not purchase silver, following ...
    February 1, 2021BY Jack Phillips
  • Robinhood ‘Shooting Itself in the Foot’ by Removing GameStop Stock: Analyst
    Robinhood ‘Shooting Itself in the Foot’ by Removing GameStop Stock: Analyst
    Mobile brokerage firm Robinhood is essentially “shooting itself in the foot” by blocking its users from purchasing stocks ...
    February 1, 2021BY Isabel van Brugen and Joshua Philipp
  • Robinhood CEO Denies ‘Conspiracy Theory’ That Hedge Funds Pushed GameStop Trading Halt
    Robinhood CEO Denies ‘Conspiracy Theory’ That Hedge Funds Pushed GameStop Trading Halt
    Robinhood CEO Vlad Tenev on Jan. 29 pushed back against the “conspiracy theory” that hedge funds prompted the ...
    February 1, 2021BY Isabel van Brugen
  • GOP Senators to Meet Biden at White House to Discuss Pandemic Relief Plan
    GOP Senators to Meet Biden at White House to Discuss Pandemic Relief Plan
    A group of GOP senators will meet with President Joe Biden on Monday after he invited them to the White ...
    January 31, 2021BY Janita Kan
  • US Consumer Spending Slumps Further; Inflation Creeping Higher
    US Consumer Spending Slumps Further; Inflation Creeping Higher
    WASHINGTON—U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the ...
    January 31, 2021BY Reuters
  • US Home Contract Signings Set Record High for December
    US Home Contract Signings Set Record High for December
    SILVER SPRING, Md.—The number of Americans who signed contracts to buy homes declined slightly for the fourth straight ...
    January 31, 2021BY The Associated Press
  • US Employment Costs Rose Modestly in Fourth Quarter
    US Employment Costs Rose Modestly in Fourth Quarter
    SILVER SPRING, Md.—Wages and benefits for U.S. workers rose in the last quarter of 2020, putting the entire year ...
    January 31, 2021BY The Associated Press
  • UPDATE: Reddit Users Going After Silver for ‘Biggest Short Squeeze in the World’
    UPDATE: Reddit Users Going After Silver for ‘Biggest Short Squeeze in the World’
    Update: Top users on the Reddit WallStreetBets forum have called on others not to purchase silver, or SLV, ...
    January 31, 2021BY Jack Phillips
  • Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach
    Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach
    The latest round of stimulus checks led to GameStop stock surging, according to a money manager. “I think ...
    January 30, 2021BY Zachary Stieber
  • SEC Says It’s Reviewing Recent Trading Volatility Amid GameStop Frenzy
    SEC Says It’s Reviewing Recent Trading Volatility Amid GameStop Frenzy
    The Securities and Exchange Commission (SEC), the top U.S. financial regulator, said Friday that it is reviewing recent ...
    January 29, 2021BY Jack Phillips
  • Small Investors Push Against Platforms’ Ban on GameStop Stock Buys
    Small Investors Push Against Platforms’ Ban on GameStop Stock Buys
    Small stock investors are fighting against broker platforms that have banned retail investors from buying certain stocks, including ...
    January 28, 2021BY Petr Svab
  • Discord Now ‘Working With’ WallStreetBets After Banning Its Chat Server
    Discord Now ‘Working With’ WallStreetBets After Banning Its Chat Server
    Instant-messaging platform Discord is now reversing course after it banned the popular group WallStreetBets on Wednesday, claiming the ...
    January 28, 2021BY Bowen Xiao
  • American Airlines Sees 50 Percent Stock Value Spike
    American Airlines Sees 50 Percent Stock Value Spike
    American Airlines shares rose by 50 percent on Thursday after a mention of the airlines was made on ...
    January 28, 2021BY Samuel Allegri
  • Budget Resolution to Hit House Floor Next Week, Setting Stage for Partisan Passage of Relief Bill: Pelosi
    Budget Resolution to Hit House Floor Next Week, Setting Stage for Partisan Passage of Relief Bill: Pelosi
    House Speaker Nancy Pelosi (D-Calif.) said on Jan. 28 that while she hopes Republicans in Congress will back ...
    January 28, 2021BY Tom Ozimek
  • Fired Keystone Pipeline Worker Says Biden’s Move Going to Hurt ‘A Lot of Families’
    Fired Keystone Pipeline Worker Says Biden’s Move Going to Hurt ‘A Lot of Families’
    Following the decision by the Biden administration to cancel the permit for the Keystone XL pipeline, many workers ...
    January 28, 2021BY Lorenz Duchamps
  • 4 House Democrats Urge Biden to Rescind Order Halting New Oil, Gas Leases
    4 House Democrats Urge Biden to Rescind Order Halting New Oil, Gas Leases
    Four House Democrats from Texas have urged President Joe Biden to rescind his executive order halting new oil ...
    January 28, 2021BY Tom Ozimek
  • Backlash After Robinhood, Interactive Brokers Restrict Trading in GameStop Stock
    Backlash After Robinhood, Interactive Brokers Restrict Trading in GameStop Stock
    The Robinhood and Interactive Brokers platforms have restricted trading in GameStop stock and options on Thursday morning, triggering ...
    January 28, 2021BY Jack Phillips
  • AT&T Takes $15.5 Billion Charge on DirecTV, Adds More Phone Customers
    AT&T Takes $15.5 Billion Charge on DirecTV, Adds More Phone Customers
    AT&T said on Wednesday it wrote down its premium TV business, which includes satellite television unit DirecTV, by ...
    January 28, 2021BY Reuters
  • Boeing Confirms 787 Dreamliner Production Will Move to South Carolina in March
    Boeing Confirms 787 Dreamliner Production Will Move to South Carolina in March
    Boeing has confirmed that it will move all its 787 Dreamliner production from Everett, Washington, to its production ...
    January 28, 2021BY Tom Ozimek
  • Fewer Stimulus Checks Suggested Because Wealthy Americans Didn’t Spend Theirs: Study
    Fewer Stimulus Checks Suggested Because Wealthy Americans Didn’t Spend Theirs: Study
    A nonpartisan nonprofit is recommending the federal government consider sending fewer stimulus checks out in a pending round ...
    January 28, 2021BY Zachary Stieber
  • Organized Small Investors Plan to Crush Hedge Funds by Buying GameStop Stock
    Organized Small Investors Plan to Crush Hedge Funds by Buying GameStop Stock
    News Analysis A sizable group of small investors has threatened to bankrupt Wall Street hedge funds that have ...
    January 27, 2021BY Petr Svab
  • Fed Sets Cautious Tone as Economic Momentum Slows
    Fed Sets Cautious Tone as Economic Momentum Slows
    WASHINGTON—The Federal Reserve said on Jan. 27 that the U.S. economy is a long way from recovery as ...
    January 27, 2021BY Emel Akan
  • Halting Keystone Pipeline Is Good for Russia: Nikki Haley
    Halting Keystone Pipeline Is Good for Russia: Nikki Haley
    Former U.N. Ambassador Nikki Haley said Wednesday that the Biden administration's axing of the Keystone XL oil pipeline ...
    January 27, 2021BY Tom Ozimek
  • Biden Believes Nord Stream 2 Pipeline Is ‘Bad Deal’ for Europe: White House Press Secretary
    Biden Believes Nord Stream 2 Pipeline Is ‘Bad Deal’ for Europe: White House Press Secretary
    White House press secretary Jen Psaki said Tuesday that President Joe Biden believes the Nord Stream 2 natural ...
    January 27, 2021BY Tom Ozimek
  • US Core Capital Goods Orders Rise in Boost to Business Investment
    US Core Capital Goods Orders Rise in Boost to Business Investment
    WASHINGTON—New orders for key U.S.-made capital goods increased for an eighth straight month in December, pointing to solid ...
    January 27, 2021BY Reuters
Previous 1 2 3 4 5 … 39 Next
TOP NEWS
  • Updates on CCP Virus: UK Study Finds New Variant May Be More Deadly
    NEW By Epoch Times Staff
    Updates on CCP Virus: UK Study Finds New Variant May Be More Deadly
  • Biden Approves Emergency Declaration for Texas Amid Energy Emergency, Severe Winter Storm
    NEW By Isabel van Brugen
    Biden Approves Emergency Declaration for Texas Amid Energy Emergency, Severe Winter Storm
  • Microsoft Urges US to ‘Copy’ Australia’s Big Tech Media Law
    2hr By Daniel Y. Teng
    Microsoft Urges US to ‘Copy’ Australia’s Big Tech Media Law
  • Support Grows for 9/11-Style Commission to Probe US Capitol Breach
    2hr By Janita Kan
    Support Grows for 9/11-Style Commission to Probe US Capitol Breach
  • $32 Billion for Public Transit in COVID-19 Relief Bill Wasteful: Researcher
    2hr By Petr Svab
    $32 Billion for Public Transit in COVID-19 Relief Bill Wasteful: Researcher
  • Wintry Weather Blanketing US Making Rare Dip to Gulf Coast
    5hr By The Associated Press
    Wintry Weather Blanketing US Making Rare Dip to Gulf Coast
  • Lovers Stay Hopeful on Valentine’s Day Amid Pandemic
    5hr By The Associated Press
    Lovers Stay Hopeful on Valentine’s Day Amid Pandemic
  • De Blasio Calls for ‘Full Accounting’ of Cuomo’s Alleged Nursing Home Death Cover-Up
    5hr By GQ Pan
    De Blasio Calls for ‘Full Accounting’ of Cuomo’s Alleged Nursing Home Death Cover-Up
  • Impeachment Manager: Trial Could Have Lasted Years If Witnesses Were Called
    6hr By Ivan Pentchoukov
    Impeachment Manager: Trial Could Have Lasted Years If Witnesses Were Called
  • Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
    6hr By Ivan Pentchoukov
    Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
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