U.S. stocks, pound fall again due to UK vote uncertainty

Stocks fell sharply in early trading Monday following another slide in European markets.

Stocks, pound fall again due to UK vote uncertainty

Financial and materials companies led U.S. stocks sharply lower in morning trading Monday following another slide in European markets as investors grappled with the fallout of Britain's vote to... Read more »



Asian stocks mixed as markets await Brexit fallout

Japanese and Chinese stocks rose Monday but other Asian markets declined, crude prices fell further and U.S. shares appeared headed for a lower opening as jittery traders watched for more fallout... Read more »

June 26, 2016


Behind the support for Brexit and Trump: Economic resentment

The United Kingdom's stunning vote to leave the European Union was driven by much of the same sentiment that fueled Donald Trump's insurgent march toward the Republican presidential nod: a... Read more »

June 25, 2016


Yellen faces GOP criticism over weak economic growth

Federal Reserve Chair Janet Yellen came under fire Wednesday from House Republicans who charged that the central bank's policies to promote low interest rates have not boosted economic growth and... Read more »

June 22, 2016


World stocks leap as fears ease over British vote on EU

World stock markets jumped and the pound rallied Monday as polls suggested British voters will choose to remain in the European Union in a referendum this week, easing investor worries about a... Read more »

June 20, 2016


Fed leaves rates unchanged; no hint on timing of next hike

The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market and offering no hints of when its next rate hike might occur. Read more »

June 15, 2016

1 comment

High-speed rail lawsuit delays cost $63 million, 17 months

Another $63 million was added Tuesday to the cost of California's high-speed rail project and the completion date for the first 29-mile leg was pushed back 17 months to August 2019, after the state... Read more »

June 14, 2016


Japanese banks tighten up after $16 million taken from ATMs

Japanese banks that lost some 1.8 billion yen ($16.5 million) when fake overseas cards were used at convenience store ATMs are scrambling to combat such fraud. Read more »

June 7, 2016


Wyoming athletics looks to tighten belt amid poor economy

It looked to be a win for University of Wyoming sports when Gov. Matt Mead approved a state budget that included a two-year, $8 million athletic competitiveness match. Read more »

June 6, 2016


Ex-World Bank economist with narrow lead in Peru election

Early results in Peru's presidential election showed a former World Bank economist beating the daughter of imprisoned ex-President Alberto Fujimori in a vote Sunday that is widely seen is a... Read more »

June 5, 2016

1 comment

US stocks, dollar slide after weak jobs report

in financial and consumer stocks led U.S. indexes lower in late morning trading Friday as investors weighed the implications of a key government report showing that hiring slowed sharply in May.... Read more »

June 5, 2016


Insurance rates going up: New concerns for Obamacare

Fresh problems for "Obamacare": The largest health insurer in Texas wants to raise its rates on individual policies by an average of nearly 60 percent, a new sign that President Barack Obama's... Read more »

June 5, 2016


US home prices rise in March as spring buying season begins

U.S. home prices kept climbing in March as the spring home buying season began, but so far the higher costs haven't thwarted sales. Read more »

May 31, 2016


Janet Yellen says Fed could raise rates in coming months

Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving. Read more »

May 27, 2016


McDonald's CEO says company is making changes customers want

McDonald's, under intense pressure in a competitive industry, sought to reassure its shareholders Thursday that it is making changes to its food and service that customers want. Read more »

May 26, 2016


G-7 finance leaders seek to reassure on global economy

Finance leaders of major industrial countries meeting in Japan need to find ways to use all the "policy levers" they have to help counter anxiety over global economic prospects, U.S. Treasury... Read more »

May 20, 2016


Stocks move higher, led by technology and banks

Stocks are climbing in early trading on Friday as traders respond to some encouraging earnings and deal news. The gains were broad. Nine of the 10 sectors of the Standard and Poor's 500 index rose,... Read more »

May 20, 2016


Pondering the store's future in an age of web buying

What's the future of the physical store? Read more »

May 18, 2016


Fed's surprise message: June hike likely if economy improves

Catching many investors off guard, the Federal Reserve made clear Wednesday that an interest rate hike in June is likely if the economy keeps improving. Read more »

May 18, 2016


Global stocks slip amid weak Chinese data but oil rises

Weak Chinese economic data weighed on global stocks Monday at the start of a week that's likely to be dominated by speculation over whether the U.S. Federal Reserve will raise interest rates in June. Read more »

May 16, 2016


Nordstrom shares tumble on slashed annual outlook, weak 1Q

Nordstrom's shares are tumbling in extended trading after the upscale department store slashed is annual sales and profit outlook. Read more »

May 12, 2016

1 comment

Study: Sanders' economic plan piles $18T on federal debt

Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families, but they'd also blow an $18-trillion hole in federal deficits,... Read more »

May 9, 2016


Insider Q&A: Keeping an eye on the Fed

The Federal Reserve chose recently not to raise the benchmark interest rate and made it clear it isn't in a big hurry to make the next move higher. After the global economy shuddered earlier this... Read more »

May 8, 2016


Why April's hiring slowdown may show caution on US economy

American employers signaled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth. Read more »

May 7, 2016


Wal-Mart brings back greeters at the store door

Those smiley door greeters are back at Wal-Mart. Read more »

May 5, 2016

1 comment

Corporate earnings keep falling, but there are signs of life

Are we there yet? It's another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk. Read more »

May 3, 2016

1 comment

Mystery solved? Australian says he's Bitcoin founder

An Australian man long rumored to be associated with the digital currency Bitcoin has publicly identified himself as its creator, apparently ending one of the biggest mysteries in the tech world. Read more »

May 2, 2016


Apple reports iPhone sales down, 1st revenue drop since 2003

Apple says quarterly revenue fell for the first time in more than a decade, as iPhone sales fell compared with a year ago. That's putting more pressure on the world's most valuable public company... Read more »

May 1, 2016


Congress heads out with no resolution on Zika, Puerto Rico

Congress accomplished relatively little in a short work period, missing deadlines on the budget and on helping Puerto Rico with its financial crisis as lawmakers began a weeklong break. Read more »

April 30, 2016


Exxon sees smallest profit in 16 years, Chevron posts loss

Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude. Read more »

April 29, 2016


Yahoo's deterioration accelerates ahead of a possible sale

Yahoo may have hung out a "for sale" sign, but it hasn't done much to improve its curb appeal. Read more »

April 19, 2016


Finance leaders pledge forceful response to boost economy

Finance officials on Saturday pledged a more forceful effort to stimulate a sluggish global economy. Read more »

April 16, 2016


Regulators: 5 big banks get failing grades for crisis plans

Federal regulators say five of the biggest banks in the U.S. haven't worked out strong plans for how they might reshape themselves in case of failure, which could leave them unable to survive... Read more »

April 13, 2016


US retail sales fall in March as Americans buy fewer cars

U.S. retail sales fell last month as Americans cut back on their car purchases, the latest sign that consumers are reluctant to spend freely. Read more »

April 13, 2016


IMF issues stark warning on British exit from EU

The International Monetary Fund warned Tuesday that a British exit from the European Union could inflict severe damage to the world economy by disrupting international trade. Read more »

April 12, 2016

1 comment

US rep blasts IFC conflict of interest in Manila water plan

In a bustling, densely populated corner of Manila, fruit vendor Coring Gutierrez reads $35 due from her latest water bill, more than triple what her family of six paid 15 years ago. Read more »

April 12, 2016


Russia's new National Guard will be tasked to suppress riots

The National Guard being formed in Russia will be given broad powers to suppress riots, according to a presidential decree released Wednesday. Read more »

April 6, 2016


Iceland's leader is first victim of offshore holdings leak

The leak of millions of records on offshore accounts claimed its first high-profile victim Tuesday as Iceland's prime minister resigned amid outrage over revelations he had used such a shell... Read more »

April 5, 2016


California, New York poised to raise minimum wage to $15

California and New York are poised to become the highest-paid minimum-wage states in the nation after their governors each reached deals with lawmakers to raise the lowest amount a worker can be... Read more »

April 1, 2016


Anbang drops bid to buy Starwood, clearing way for Marriott

says it's dropping its $15 billion offer to acquire Starwood Hotels, citing various market considerations and ending a bidding war for the parent of St. Regis and Sheraton resorts. Read more »

March 31, 2016


Apple releases small new iPhone, iPad for business use

Apple unveiled a small new iPhone, a new iPad tablet for business use and price cuts for its Apple Watch at a product event Monday. The announcements, which were largely expected, aim to keep up... Read more »

March 27, 2016


Cuba rebukes Obama's call for change but will nix dollar tax

Cuba's government offered a rebuke Thursday of President Barack Obama's plans to use his upcoming visit to promote change on the island, even as it took a long-sought step to lift a penalty on... Read more »

March 17, 2016


CDC guidelines aim to curb painkiller prescribing

Prescription painkillers should not be a first-choice for treating common ailments like back pain and arthritis, according to new federal guidelines designed to reshape how doctors prescribe drugs... Read more »

March 15, 2016


Higher stock prices, home values lift US household wealth

Americans' household wealth jumped in the final three months of last year, pushed higher by rising stock prices and greater home values. That leaves many households, particularly wealthy ones, with... Read more »

March 13, 2016


Yahoo snubs activist shareholder with 2 new directors

Yahoo set up a battle for control of its board by appointing two directors likely to further agitate an activist shareholder threatening to lead an investor mutiny aimed at ousting CEO Marissa... Read more »

March 10, 2016


US adds a strong 242,000 jobs; rate holds at low 4.9 pct.

U.S. employers added a robust 242,000 workers in February as retailers, restaurants and health care providers drove another solid month for the resilient American job market. The unemployment rate... Read more »

March 4, 2016


Sports Authority files for Chapter 11 bankruptcy protection

veting their favorite team's jersey with the personal touch of their name on the back are flocking online, likely not so much to the sports store at their local mall. Consumer habits are evolving. Read more »

March 2, 2016

1 comment

World stocks weighed down by G-20 inaction

Global stock markets were weighed down Monday by the failure of the world's leading economic policymakers to announce any new measures to boost the global economy. Some relief emerged with the news... Read more »

Feb. 29, 2016


HSBC probed by US over hiring linked to Asian governments

London-based bank HSBC said Monday it is among a number of firms being investigated by U.S. authorities over the hiring of people connected to Asian governments, raising the risk of more expensive... Read more »

Feb. 22, 2016


IMF nominates managing director Lagarde for second term

The International Monetary Fund has nominated managing director Christine Lagarde for a second five-year term. Read more »

Feb. 11, 2016


Older stories can be found in the story archives