• Follow us

Economy

ABC News: Money

US-China relations near new low amid trade battle 2019-05-11 02:07:13US-China relations test new lows amid bitter trade battle, political tensions

US government records $160.3 billion April surplus 2019-05-11 01:30:19US government records $160.3 billion surplus in April, but deficits so far this year up 37.7%

Stocks rebound as hopes rise that trade tensions 2019-05-10 23:50:22Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war

US consumer prices rose 0.3% on higher gas, 2019-05-10 21:01:09US consumer prices rose 0.3% in April, lifted by higher gas and housing costs

US hikes tariffs on Chinese goods, Beijing vows 2019-05-10 21:00:18Trump's tariff hike on Chinese imports takes effect, Beijing says it will retaliate

Global markets rise as investors watch US-China trade 2019-05-10 20:00:20Global shares are mostly higher as investors appear to hope that the United States and China might yet reach a deal to solve their escalating trade wa

Business Highlights 2019-05-10 17:16:57Business Highlights

The Latest: Auto association: Tariffs will hurt US 2019-05-10 16:49:32The Latest: Global auto association says China tariffs will hurt exports American vehicles

How major US stock indexes fared Friday 2019-05-10 16:44:38The stock market ended a bumpy week with a late gain Friday as traders hoped that the latest flare-up in trade tensions between the U.S. and China wil

Symantec and Wynn decline while Zillow and Guardant 2019-05-10 16:29:04Symantec and Wynn decline while Zillow and Guardant rise

Markets Right Now: Stocks end volatile week with 2019-05-10 16:12:43The stock market ended a bumpy week with a late gain as traders hoped that this week's flare-up in trade tensions between the U.S. and China would fa

The Latest: Anadarko says it has a deal 2019-05-10 09:40:21Anadarko takes buyout offer from Occidental Petroleum after Chevron declines to improve its offer, ending a rare bidding war in the oil patch

Reuters: Business News

U.S. and China at impasse over trade, Kudlow 2019-05-12 12:52:33The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese l

China's door to talks with U.S. on trade 2019-05-12 12:52:33China's door to talks with the United States about their trade dispute is always open, but China will not yield on important issues of principle, sta

Germany's Thyssenkrupp to seek new steel partners, CEO 2019-05-12 12:00:42Thyssenkrupp will still seek partners for its steel operations after abandoning a European merger with India's Tata Steel, Chief Executive Guido Kerk

Bayer hires law firm to investigate Monsanto stakeholder 2019-05-12 11:04:25Bayer said on Sunday it was hiring an external law firm to investigate French media complaints that Monsanto, the U.S. seed maker it took over last ye

SoftBank set to invest in British financing group 2019-05-12 10:46:33A prospective deal between SoftBank Group Corp's Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a

Teva Pharm CFO says company did not conspire 2019-05-12 07:56:46Teva Pharmaceutical Industries' chief financial officer on Sunday reiterated that the company has done nothing wrong in the wake of a price-fixing la

Emirates chief commercial officer resigns after airline's profit 2019-05-12 07:08:11Emirates Chief Commercial Officer Thierry Antinori has resigned, a spokeswoman said on Sunday, days after the Gulf airline announced its weakest profi

China still 'cautiously optimistic' on U.S. trade talks 2019-05-11 23:47:09China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as U.S. President Donald Trump ordered his trade

U.S. states accuse Teva, other drugmakers, of price-fixing: 2019-05-11 21:42:16U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19 other drug companies to inflate drug pric

U.S. bargaining power won't improve if China trade 2019-05-11 20:14:55China's nationalist Global Times tabloid said in an editorial on Sunday that the United States would not have more bargaining chips at the negotiatio

Germany's Thyssenkrupp agrees restructuring approach with labor leaders 2019-05-11 13:42:49Management and labor leaders at Germany's Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring

Bayer says won't tolerate unethical behavior as France 2019-05-11 08:43:34Bayer said on Saturday it did not accept "unethical behavior" following a French investigation into a suspected file assembled by the German company

L.A. Times - Business

Uber fares are cheap, thanks to venture capital. 2019-05-11 06:00:00The 2010s have been the decade of the subsidized ride. Uber and Lyft duked it out on the streets of American cities, burning mountains of venture capi

Uber IPO: Stock sinks more than 7% on 2019-05-10 20:05:00When Uber was conceived in San Francisco in 2008, founders Travis Kalanick and Garrett Camp in one of their earliest pitch decks compared it to a priv

Stocks rebound on U.S.-China hopes, but still post 2019-05-10 17:55:00Wall Street capped a turbulent week with a late-in-the-day rally Friday after shaking off an early slump triggered by the latest escalation in the U.S

Virgin Galactic’s space-tourism dream edges closer to reality 2019-05-10 17:45:00British billionaire Richard Branson and his space-tourism company Virgin Galactic announced new steps Friday toward offering thrill rides into the low

Trump’s China tariffs squeeze small businesses 2019-05-10 17:05:00Figuring out how to pay another looming tariff bill isn’t the way Robert Heiblim would have chosen to spend National Small Business Week. Heibli

States get tax windfall after struggling with forecasts 2019-05-10 17:00:00States are enjoying windfalls after struggling to predict how President Trump’s federal tax law changes would ripple through their revenue. All

Elon Musk’s brain tech start-up is raising more 2019-05-10 16:40:00Neuralink, a small and secretive brain computing start-up founded by Elon Musk, has raised $39 million of a planned $51-million funding round, accordi

Boeing sends 737 Max to brand rehab to 2019-05-10 15:55:00Boeing Co.’s 737 Max is about to join the list of brands trying to come back from ignominy. Analysts are digging into decades-old safety scares

Ferrari’s 2019 Portofino is racy, but rough around 2019-05-10 09:00:00Being a Ferrari is like being a superstar entertainer or an elite athlete. If you do everything perfectly, no one really notices. But have one bad day

Your next swimsuit might have started life as 2019-05-10 08:30:00To you, it’s a garbage dump. To Italian entrepreneur Giulio Bonazzi, it’s the launchpad for a Stella McCartney handbag or a pair of Levi&r

Want to empower future female CEOs? Then pay 2019-05-10 07:00:00In 1989, feminist Arlie Russell Hochschild argued that working women go home to work a “second shift,” performing the majority of the labo

Americans are spending more on Mother’s Day than 2019-05-10 06:00:00Anna Jarvis, who led the push in the early 1900s for a national celebration of Mother’s Day, later decried the holiday because she felt it becam

Economy

US trade deficit widens to $50 billion in 2019-05-09 08:45:00The U.S. goods and services deficit with its global trading partners widened slightly in March as demand for foreign goods buoyed imports.

US weekly jobless claims fall less than expected 2019-05-09 08:31:00The unexpectedly weak weekly jobless claims data could raise concerns that the robust labor market was losing some momentum.

US producer prices rose moderately in April 2019-05-09 08:30:00U.S. producer prices rose moderately in April, but underlying inflation pressures at the factory gate appeared to be picking up.

US job openings rebound in March, hiring little 2019-05-07 10:34:00U.S. job openings rebounded sharply in March, while the pace of hiring was little changed, pointing to a growing worker shortage that could slow emplo

If Trump slaps China with his threatened tariffs, 2019-05-07 06:56:00Analysts say if Trump follows through, U.S. consumers will be the ones to pick up the tab on apparel, shoes, toys and electronics.

The truth about Trump's China tariffs: Major US 2019-05-07 05:15:00Stock markets around the world were caught by surprise when President Trump tweeted another tariff threat against China, but major corporations in the

China confirms Liu will join trade talks this 2019-05-06 16:59:00Tariffs on $200 billion in Chinese goods are set to increase to 25% on Friday, but the U.S. could reconsider the move if it sees progress in the talks

Fed's James Bullard says interest rate policy is 2019-05-03 11:23:00Speaking at a time when the White House is pushing the Fed to lower rates, Bullard would not commit to that course.

Warren Buffett says no textbook could have predicted 2019-05-03 10:26:00This economic environment is one that no one could have seen coming given the current fiscal and monetary conditions, Warren Buffett says.

Economist John Taylor thinks the Fed is 'in 2019-05-03 10:06:00Raising interest rates have given the Federal Reserve some breathing room for the next time a downturn hits, economist John Taylor said Friday.

Here's where the jobs are — in one 2019-05-03 09:59:00CNBC studied the net changes by industry for April jobs based on the data from the Labor Department.

Vice President Pence says the Fed should cut 2019-05-03 09:54:00Vice President Mike Pence believes the Fed should look to cut its benchmark interest rate.

NYT > Economy

China, Defiant but Careful, Promises Aggressive Response to 2019-05-11 00:15:32A longer or worsening trade war could hurt China’s already bruised factories. Still, Beijing is signaling it is ready for a fight.

Argentina’s Economic Misery Could Bring Populism Back to 2019-05-10 21:45:35Argentina’s turn away from populism and embrace of market forces has enraged people who have lost aid without producing a promised economic revi

Nonfiction: An Economist Who Believes Only Government Can 2019-05-10 16:08:23In “People, Power, and Profits” Joseph E. Stiglitz argues that more state involvement in the economy is part of the solution, not part of

They Got Rich Off Uber and Lyft. Then 2019-05-10 12:33:51Meet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock ma

Trump Increases China Tariffs as Trade Deal Hangs 2019-05-10 09:42:08President Trump raised tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent on Friday morning.

Trump Could Raise Tariffs on China. Here’s How 2019-05-09 11:43:36Beijing could match what the United States does, and its options include upping the ante in untraditional ways. But most of its choices come with draw

Why Markets Aren’t Sweating the U.S.-China Trade War 2019-05-09 00:43:52The president has tended to back off whenever markets and the economy have looked soft.

Bye-Bye, Bathroom Attendants? 2019-05-08 22:23:44A profession affected by gender neutrality, changing mores and the cashless economy.

‘We Have a Lot of Questions’: Doubts Loom 2019-05-08 19:34:19President Trump said he was helping to save jobs at the Ohio factory after General Motors ceased production there. But such