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Economy

  • US Stocks Slip on Wall Street; S&P 500 Backs Off Record
    US Stocks Slip on Wall Street; S&P 500 Backs Off Record
    U.S. stocks are slipping Wednesday and pulling back from their recent record highs as virus cases surge and coronavirus vaccines move closer to distribution. A vaccine from Pfizer and German ...
    December 9, 2020BY The Associated Press
  • US Airline Passenger Traffic Down 62 Percent in October: DOT
    US Airline Passenger Traffic Down 62 Percent in October: DOT
    WASHINGTON—U.S. airlines carried 62 percent fewer passengers in October over the same month last year, the U.S. Department ...
    December 9, 2020BY Reuters
  • US Companies Sitting on Record Cash Pile: S&P Global
    US Companies Sitting on Record Cash Pile: S&P Global
    U.S. corporations are sitting on record amounts of cash to reduce shock caused by the coronavirus pandemic, S&P ...
    December 9, 2020BY Reuters
  • US Crude Output to Decline More Than Previously Forecast in 2020: EIA
    US Crude Output to Decline More Than Previously Forecast in 2020: EIA
    NEW YORK—U.S. crude oil production is expected to fall by 910,000 barrels per day (bpd) in 2020 to ...
    December 9, 2020BY Reuters
  • Elon Musk Moves to Texas in Snub to Silicon Valley
    Elon Musk Moves to Texas in Snub to Silicon Valley
    Billionaire entrepreneur Elon Musk on Tuesday confirmed that he has relocated from California to Texas and now calls ...
    December 9, 2020BY Tom Ozimek
  • Analysis: How High Can You Go? Wall Street Exuberance Makes Some Uneasy
    Analysis: How High Can You Go? Wall Street Exuberance Makes Some Uneasy
    NEW YORK—Optimism is surging among U.S. stock investors, as Wall Street indexes hit records at the end of ...
    December 9, 2020BY Reuters
  • US Third-Quarter Productivity Pared; Unit Labor Costs Revised Up
    US Third-Quarter Productivity Pared; Unit Labor Costs Revised Up
    WASHINGTON—U.S. worker productivity increased strongly in the third quarter, though the pace of growth was likely overstated as ...
    December 9, 2020BY Reuters
  • US Credit Card Balances Fall, Though Overall Borrowing Rises
    US Credit Card Balances Fall, Though Overall Borrowing Rises
    WASHINGTON—U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, ...
    December 8, 2020BY The Associated Press
  • Survey: Business Economists See Full Recovery by End of 2021
    Survey: Business Economists See Full Recovery by End of 2021
    NEW YORK—The U.S. economy’s growth is likely slowing as 2020 comes to a close, but a growing number ...
    December 8, 2020BY The Associated Press
  • Americans Can Pay Their Credit Card Bills, But for How Long?
    Americans Can Pay Their Credit Card Bills, But for How Long?
    NEW YORK—The coronavirus pandemic hasn’t stopped Americans from keeping up with their credit card payments, thanks in large ...
    December 8, 2020BY The Associated Press
  • McConnell to Call for Defense Bill Vote Despite Trump Veto Threat
    McConnell to Call for Defense Bill Vote Despite Trump Veto Threat
    Senate Majority Leader Mitch McConnell (R-Ky.) said Monday that the Senate will consider the the $740 billion National Defense ...
    December 8, 2020BY Tom Ozimek
  • US Gasoline Demand During Thanksgiving Week Lowest Since 1997: OPIS
    US Gasoline Demand During Thanksgiving Week Lowest Since 1997: OPIS
    U.S. gasoline consumption fell during the Thanksgiving holiday week to the lowest in more than 20 years, said ...
    December 7, 2020BY Reuters
  • Sen. Mark Warner Says Draft Stimulus Bill Could Be Ready as Soon as Monday
    Sen. Mark Warner Says Draft Stimulus Bill Could Be Ready as Soon as Monday
    Sen. Mark Warner (D-Va.) told CNN in an interview Sunday that as talks continue on another stimulus package, ...
    December 7, 2020BY Tom Ozimek
  • Hyundai Recalls 129,000 US Vehicles for Engine Issue
    Hyundai Recalls 129,000 US Vehicles for Engine Issue
    WASHINGTON—Hyundai Motor Co is recalling 129,000 U.S. vehicles for an engine issue that can increase the risk of ...
    December 4, 2020BY Reuters
  • Michigan Man Behind Viral Anti-Lockdown Rant Explains Business Owners’ Struggle
    Michigan Man Behind Viral Anti-Lockdown Rant Explains Business Owners’ Struggle
    A Michigan business owner who interrupted a news reporter on live television and delivered a rant that later ...
    December 4, 2020BY Tom Ozimek
  • US Employers Added 245,000 Jobs in November, Fewest in 6 Months
    US Employers Added 245,000 Jobs in November, Fewest in 6 Months
    U.S. private employers scaled back their hiring in November, adding the fewest workers in six months as soaring new ...
    December 4, 2020BY Tom Ozimek
  • Senate Confirms Christopher Waller to Serve on Fed’s Board
    Senate Confirms Christopher Waller to Serve on Fed’s Board
    WASHINGTON—The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, ...
    December 3, 2020BY The Associated Press
  • US Airlines Cut 29,000 Workers Through Mid-October: Transportation Department
    US Airlines Cut 29,000 Workers Through Mid-October: Transportation Department
    WASHINGTON—The U.S. passenger and cargo airline industry saw total employment fall by nearly 29,000 workers through the month ...
    December 3, 2020BY Reuters
  • Waller to Join Fed Board as Virus Surge Threatens US Economy
    Waller to Join Fed Board as Virus Surge Threatens US Economy
    The U.S. Senate on Dec. 3 confirmed Christopher Waller to the Federal Reserve’s Board of Governors, giving him ...
    December 3, 2020BY Reuters
  • Walmart to Spend More Than $700 Million on New Round of Employee Bonuses
    Walmart to Spend More Than $700 Million on New Round of Employee Bonuses
    Walmart said on Thursday it would spend more than $700 million on bonuses as the retailer compensates its ...
    December 3, 2020BY Reuters
  • US Government Releases More Data on Millions of Businesses That Took Pandemic Aid
    US Government Releases More Data on Millions of Businesses That Took Pandemic Aid
    The Trump administration late on Dec. 1 released the names of more than 10 million businesses and individuals ...
    December 3, 2020BY Reuters
  • Trump ‘Serious’ About Defense Bill Veto Over Section 230, McEnany Says
    Trump ‘Serious’ About Defense Bill Veto Over Section 230, McEnany Says
    WASHINGTON—White House press secretary Kayleigh McEnany confirmed on Dec. 2 that President Donald Trump is serious about vetoing ...
    December 2, 2020BY Charlotte Cuthbertson
  • McConnell Wants Stimulus Package Rolled Into Government Funding Bill, Urges Quick Action
    McConnell Wants Stimulus Package Rolled Into Government Funding Bill, Urges Quick Action
    Senate Majority Leader Mitch McConnell (R-Ky.) said on Dec. 1 that more stimulus is urgently needed to help ...
    December 2, 2020BY Tom Ozimek
  • Trump Supports McConnell’s COVID-19 Relief Package: Mnuchin
    Trump Supports McConnell’s COVID-19 Relief Package: Mnuchin
    President Donald Trump backs the COVID-19 relief package put together by the top Republican in Congress, Treasury Secretary ...
    December 2, 2020BY Zachary Stieber
  • US Auto Sales Lose Momentum in November
    US Auto Sales Lose Momentum in November
    The pace of U.S. auto sales slowed in November, data from analytics firm Wards Intelligence showed on Dec. ...
    December 2, 2020BY Reuters
  • American Airlines Holds First Civilian Passenger Flight of 737 MAX in Nearly 2 Years
    American Airlines Holds First Civilian Passenger Flight of 737 MAX in Nearly 2 Years
    DALLAS—Boeing Co's 737 MAX on Wednesday will make its first public demonstration flight with members of the media ...
    December 2, 2020BY Reuters
  • US Housing, Manufacturing Data Suggest Economic Recovery Slowing
    US Housing, Manufacturing Data Suggest Economic Recovery Slowing
    Contracts to buy U.S. previously owned homes fell for a second straight month in October as an acute ...
    December 1, 2020BY Reuters
Previous 1 … 7 8 9 10 11 … 39 Next
TOP NEWS
  • South Dakota Governor Calls Biden’s Abrupt Termination of Keystone Pipeline ‘Dangerous’
    NEW By Masooma Haq
    South Dakota Governor Calls Biden’s Abrupt Termination of Keystone Pipeline ‘Dangerous’
  • DOJ Indicts 3 North Korean Military Hackers, Canadian Money Launderer
    3hr By Charlotte Cuthbertson
    DOJ Indicts 3 North Korean Military Hackers, Canadian Money Launderer
  • Facebook’s Australia News Ban Hits State Governments, Health Departments, and Weather Services
    4hr By AAP
    Facebook’s Australia News Ban Hits State Governments, Health Departments, and Weather Services
  • Biden Administration Gives Mixed Messages on School Reopening Promise
    4hr By Petr Svab
    Biden Administration Gives Mixed Messages on School Reopening Promise
  • Texas Winter Storm Power Outages Prompt Bitter Fight Between Fossil Fuel, Clean Energy Advocates
    4hr By Mark Tapscott
    Texas Winter Storm Power Outages Prompt Bitter Fight Between Fossil Fuel, Clean Energy Advocates
  • One-Third of Troops Turning Down CCP Virus Vaccine: Pentagon
    4hr By Jack Phillips
    One-Third of Troops Turning Down CCP Virus Vaccine: Pentagon
  • Rep. Banks Leads Republican Study Committee in Large-Scale Campaign to Counter CCP
    5hr By Bowen Xiao
    Rep. Banks Leads Republican Study Committee in Large-Scale Campaign to Counter CCP
  • Thousands Protest Long-Term Lockdown in China’s Current Virus Hotspot
    5hr By Alex Wu, Epoch Times
    Thousands Protest Long-Term Lockdown in China’s Current Virus Hotspot
  • China Targets America’s Rare Earth Vulnerability
    5hr By Emel Akan
    China Targets America’s Rare Earth Vulnerability
  • News Corp Latest to Make Deal With Google in Australia Push
    6hr By The Associated Press
    News Corp Latest to Make Deal With Google in Australia Push
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