Stories tagged: economy
Tue., July 19, 2016
Robert Samuelson: Don’t expect truth-telling in Cleveland
The pledge to make America great again” is not an economic project. It’s an exercise in mass psychology.
Sun., July 17, 2016, 9:33 a.m.
Brexit minister: Some EU migrants may have to leave UK
Some European Union citizens may not be allowed to stay in Britain after the U.K. leaves the bloc, the U.K. minister in charge of negotiating the divorce has said.
Fri., July 15, 2016, 2:53 p.m.
U.S. economy looks resilient as retailers, industry surge
Americans spent more money at retailers and factories revved up production in June, offering encouraging signs of the U.S. economy’s resilience in the face of global headwinds.
Fri., July 15, 2016, 2:50 p.m.
Warren Buffett delivers annual gifts worth $2.86B to five charities
Investor Warren Buffett has delivered his annual donation of Berkshire Hathaway stock to five charities as part of his plan to gradually give away his fortune.
Fri., July 15, 2016, 2:48 p.m.
Egg prices reach 10-year lows as production outpaces demand
In less than a year, eggs have gone from being an expensive staple at the height of the bird flu crisis to reaching the cheapest prices in a decade due …
Fri., July 15, 2016, 2:22 p.m.
Senate Democrats call for extending Iran sanctions law
A group of Senate Democrats is pushing for the renewal of a decades-old law that allows the United States to hit companies with economic sanctions for doing business with Iran.
Wed., July 13, 2016, 12:57 p.m.
Fed survey finds modest growth across most of U.S.
The Federal Reserve says the economy and hiring continued to expand modestly across most of the United States from mid-May through June, leaving some firms struggling to find skilled workers.
Wed., July 13, 2016, 12:25 p.m.
U.S. sees small surplus in June, but deficit up for year
The federal government recorded a small budget surplus in June, but the deficit so far this budget year is still running 26.7 percent higher than a year ago.
Wed., July 13, 2016, 11:19 a.m.
Bank of England mulls rate cut to cushion Brexit blow
Britain’s vote to leave the European Union is already taking its toll on the British economy, raising speculation that the Bank of England will on Thursday decide to reduce its …
Wed., July 13, 2016, 10:06 a.m.
Theresa May becomes Britain’s new leader as Cameron exits
In a carefully orchestrated political ballet, David Cameron left his job and his home at 10 Downing Street on Wednesday, resigning as prime minister soon afterward at Buckingham Palace. Theresa …
Wed., July 13, 2016, 9:46 a.m.
Amazon says Prime Day topped last year’s order records
Amazon says Prime Day was its biggest day ever with orders up 60 percent globally from a year ago. It says sales of Amazon’s own electronic devices were particularly strong.
Wed., July 13, 2016, 9:16 a.m.
China, EU agree to steel working group amid dumping concerns
EU leaders said Wednesday that they have agreed with China to form a working group to discuss Beijing’s overproduction of steel, an issue they say is linked to whether they …
Wed., July 13, 2016, 9:03 a.m.
United Airlines writes off $412 million after losing Newark bulwark
Losing near-monopoly control over Newark Liberty International Airport is going to cost United Airlines $412 million, or $264 million after taxes.
Wed., July 13, 2016, 9 a.m.
Aerospace supplier Triumph cutting 99 jobs in Everett
Boeing supplier Triumph Group will lay off 99 employees at its Structures-Everett facility effective Sept. 30, according to information filed with the state Employment Security Department.
Wed., July 13, 2016, 8:51 a.m.
Stocks mostly lower on Wall Street in morning trading
Stocks are mostly lower on Wall Street in morning trading Wednesday after setting records the last few days. Energy companies are falling sharply along with the price of oil. Utility …
Tue., July 12, 2016, 9:21 p.m.
Incoming British prime minister expected to put ‘Brexit’ in motion soon
When would the new leader of the U.K. execute “Brexit”? And what would be the fate of Larry, the Downing Street cat?
Fri., July 8, 2016, 4:31 p.m.
Warnings of British economic downturn piling up
The warnings are piling up – Britain’s decision to leave the European Union appears to be already hitting the economy.
Fri., July 8, 2016, 2:58 p.m.
Uber raises $1.15 billion in leveraged loan
Uber has reportedly raised $1.15 billion in a new high-yield loan that will allow the company to take advantage of low interest rates without diluting the equity of early investors.
Fri., July 8, 2016, 2:57 p.m.
Stocks finish just short of a record on strong jobs report
U.S. stocks surged Friday, finishing just short of record highs, as investors responded enthusiastically to a strong June job market report.
Fri., July 8, 2016, 1:17 p.m.
IMF: Brexit fallout will shave eurozone growth in 2016, 2017
Britain’s decision to leave the European Union will trim economic growth this year and next across the 19 countries that share the euro currency.
Fri., July 8, 2016, 10:48 a.m.
June hiring surge of 287,000 suggests rebounding U.S economy
Employers shook off two months of weak hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient U.S. economy recovering from a slump early in the …
UPDATED: Wed., July 6, 2016, 3:28 p.m.
Wal-Mart now lets you pay with phone at all U.S. stores
Wal-Mart will now let you pay with your phone at all 4,600 stores nationwide. With Walmart Pay, the cashier scans a QR code on the phone screen to complete the …
Wed., July 6, 2016, 1:42 p.m.
Verizon hikes prices, but new options could save you money
Verizon is hiking prices on its cellphone plans, though the new rates come with changes that might actually save you money.
Wed., July 6, 2016, 1:37 p.m.
McDonald’s expands all-day breakfast menu
McDonald’s this fall is expanding its all-day breakfast menu to include McGriddles and the option of biscuits for a wider swath of the country.
Wed., July 6, 2016, 11:59 a.m.
Minimum wage increase supporters turn in signatures
Supporters of raising Washington state’s minimum wage have turned in more than 360,000 signatures in support of a ballot measure that seeks to incrementally increase the state’s rate over the …
Wed., July 6, 2016, 9:44 a.m.
Chinese imports push up U.S. trade deficit in May
The U.S. trade deficit climbed in May as a surge in imports of Chinese-made cellphones and computers pushed the politically sensitive imbalance with China to the highest level in six …
Wed., July 6, 2016, 9:41 a.m.
U.S. services firms grew in June at fastest pace in 7 months
U.S. services firms expanded last month at the fastest pace since November, good news for the U.S. economy.
Mon., July 4, 2016, 2:39 p.m.
Insider Q&A: A model for more rational drug prices
Rising drug prices are creating anxiety for patients, politicians and physicians across the country, with little relief in sight.
Mon., July 4, 2016, 2:38 p.m.
UK gov’t won’t offer guarantee to EU citizens
Britain’s immigration minister says he can’t guarantee that European Union citizens who live in the U.K. will be able to stay after the country leaves the bloc.
Mon., July 4, 2016, 2:28 p.m.
McDonald’s invests over $550 million to revamp German sites
BERLIN – Fast-food chain McDonald’s says it is investing 500 million euros ($557 million) to modernize its restaurants in Germany. The company says 72 “restaurants of the future” will start …