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ABC News: Money

FedEx severs ties with Amazon 2019-08-07 10:31:11FedEx cuts ties with Amazon as the online giant builds own delivery fleet

Stocks slide as rate cuts stoke fear of 2019-08-07 10:23:27U.S. stocks slide as central banks around the world cut rates and stoke fear that the U.S.-China trade war will damage global economic growth.

How to keep your razors from contributing to 2019-08-07 10:01:26How to keep your razors from contributing to landfill waste

Markets Right Now: Stocks, yields sink again on 2019-08-07 09:57:41Stocks are sinking on Wall Street again as fearful investors dumped stocks and shoveled money into bonds. The Dow Jones Industrial Average fell more t

Stocks sink again on Wall Street, pulling Dow 2019-08-07 09:49:33Stocks sink again on Wall Street, pulling Dow industrials down more than 500 points; Bonds soar as investors seek safety

European stocks push on as China stabilizes currency 2019-08-07 08:22:19Global stock markets continue to recover ground after China's decision to stabilize its currency eased some tensions around the trade war with the U.

Aetna deal begins to pay off for CVS 2019-08-07 08:01:19CVS swings to a profit in the second quarter and easily beat expectations thanks in part to Aetna deal

India's central bank cuts lending rate to 5.40% 2019-08-07 05:17:12India's central bank has cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy

New Zealand cuts benchmark interest rate to lowest-ever 2019-08-07 03:57:55New Zealand's central bank has cut its benchmark interest rate to an all-time low of 1% as it forecasts tougher economic conditions ahead

SoftBank's profit nearly quadruples on fund investments 2019-08-07 03:55:36Japanese technology company SoftBank Group Corp. has seen its fiscal first quarter profit nearly quadruple to $10.6 billion as its fund investments bo

Former Fed leaders defend Powell against Trump's attacks 2019-08-06 19:20:25In a strong rebuke to Trump, 4 former Fed leaders defend current Fed Chairman Jerome Powell

Walgreens to shut 200 US stores as part 2019-08-06 18:56:14Pharmacy chain Walgreens says it plans to close 200 stores in the United States as it seeks to cut costs

Reuters: Business News

UK PM Johnson to tell Trump to de-escalate 2019-08-25 04:43:33British Prime Minister Boris Johnson said on Saturday he would tell President Donald Trump at this weekend's G7 summit to pull back from a trade war

China warns U.S. to stop 'wrong' trade actions 2019-08-25 00:23:12China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the Uni

China to fight back against U.S. tariff move: 2019-08-25 00:23:12China will fight back against the latest U.S. step to increase tariffs on Chinese goods, the ruling Communist Party's People's Daily said on Sunday

Trump heaps another 5% tariff on Chinese goods 2019-08-24 18:56:15U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted

World needs to end risky reliance on U.S. 2019-08-24 18:20:27Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might

Fed's commitment to act upstaged by Trump's furor 2019-08-24 18:20:27Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global econ

Explainer: What tools could Trump use to get 2019-08-24 17:19:06Hours after China announced retaliatory tariffs on U.S. goods on Friday, President Donald Trump ordered U.S. companies to "start looking for an alter

Fed's Mester sees downside risk from escalating trade 2019-08-24 15:15:21Cleveland Federal Reserve President Loretta Mester said on Saturday she sees "big downside risk" from rising trade uncertainty, and will be watching

China to raise import tariffs on U.S. scrap 2019-08-23 22:48:36China will impose an extra 5% tariff on imports of copper scrap and aluminum scrap from the United States from Dec. 15, according to a list of retalia

Oil spills into U.S.-China trade war, prices slump 2019-08-23 22:45:37China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escal

FTC, AT&T settle 2014 lawsuit over data slowdowns: 2019-08-23 22:06:17The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent t

Trump administration considers boost to biofuel mandates to 2019-08-23 22:01:42The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its recent broad

L.A. Times - Business

Hot Property: Football's Reggie Bush lists his home 2019-08-24 09:00:21Reggie Bush is off to the races in Pacific Palisades, where his home is on the market for about $10 million.

Home of the Week | Encino new build 2019-08-24 08:30:36Listed for $3.195 million, the newly built Encino home features a distinct exterior and interior living spaces full of custom details.

'JAG' star David James Elliott commands his kitchen 2019-08-24 08:30:19The actor, who this fall begins an arc on 'NCIS: Los Angeles,' finds creative expression through cooking. Plus, it gets him out of laundry duty.

Home of the Week: Encino new build puts 2019-08-24 08:30:09Listed for $3.195 million, the newly built Encino home features a distinct exterior and interior living spaces full of custom details.

My Favorite Room | 'JAG' star David James 2019-08-24 08:30:07The actor, who this fall begins an arc on 'NCIS: Los Angeles,' finds creative expression through cooking. Plus, it gets him out of laundry duty.

Weedmaps says it will ban advertisements from unlicensed 2019-08-24 08:00:54Weedmaps has been criticized for years for helping unlicensed dispensaries flourish as California struggled to permit businesses and regulate the indu

Hot Property Newsletter: What the (luxury) market will 2019-08-24 03:01:14The L.A. luxury market is full of vagaries when it comes to setting an asking price. Sometimes prices are designed to grab headlines, and others hinge

Can Trump count on American consumers to save 2019-08-23 21:55:25Worries of downturn prompt President Trump to hammer the Fed and consider tax cuts.

Trump raises tariffs on China and threatens Fed 2019-08-23 19:37:54A new Twitter tirade from the White House follows Beijing's retaliatory tariffs and the Fed chair's speech at an economic conference.

Beverly Hills villa once home to William Powell, 2019-08-23 17:28:25The Spanish Revival-style home, built in the 1920s for early film star William Powell and later owned by Merv Griffin, is for sale in Beverly Hills at

William Powell's onetime estate in Beverly Hills | 2019-08-23 17:27:57The Spanish Revival-style villa, built for early film star William Powell, sits on more than half acre in Beverly Hills.

Column: David Koch's real legacy is the dark 2019-08-23 16:38:19David Koch leaves a raft of right-wing policies behind him, but his real innovation was creating a dark money network.


Art Laffer warns on negative rates, saying he'd 2019-08-22 08:33:00"If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the "Trumponomics" co-author

Esther George says the Fed's 'large balance sheet' 2019-08-22 08:33:00Kansas City Fed President Esther George said the Federal Reserve may be partly responsible for the yield curve inversion.

US weekly jobless claims fall more than expected 2019-08-22 08:30:00The number of Americans filing applications for unemployment benefits fell sharply last week.

The Fed didn't need to cut rates in 2019-08-22 07:30:00"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.

A trade war with Europe would be more 2019-08-22 01:09:00Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.

Here's why Trump wants to buy Greenland 2019-08-21 17:44:00Greenland's growing strategic value is linked tightly to new North Atlantic shipping lanes opening up due to melting polar ice caps.

Bond market yield curve inverts, signaling Fed may 2019-08-21 16:34:00After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.

Fed says July rate cut was 'recalibration' and 2019-08-21 14:00:00The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.

CBO expects deficit to grow more than projected, 2019-08-21 11:00:00"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.

'Mr. Wonderful' Kevin O'Leary: 'There is no recession 2019-08-21 09:23:00U.S. companies "are on fire," says O'Leary, also chairman of O'Shares ETFs.

Morgan Stanley: Risk of a global recession is 2019-08-21 08:56:00Morgan Stanley warns that "the wheels for a slowdown are in motion," adding that a downturn in the manufacturing sector is spreading.

Trump says the Fed is the 'only problem' 2019-08-21 08:55:00President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.

NYT > Economy

How the Recession of 2020 Could Happen 2019-08-22 17:24:12The freeze-up in business confidence, caused in part by the trade war, could wind up affecting consumer confidence.

Trump Says He’s Exploring ‘Various Tax Reductions,’ and 2019-08-22 17:24:11Some of the administration’s favorite data points are now flashing warning signs about investment, jobs and growth.

How Politics Constrain the Federal Reserve and Other 2019-08-22 14:54:10Top economists will meet in Jackson, Wyo., this week for a meeting sponsored by the Kansas City Fed. But politicians gathering in France hold the real

Trump Acclaims Economy, but Voters Are Anxious Amid 2019-08-22 13:01:50Polling suggests that worries about the health of the economic expansion cross party lines.

Economic Antidote for a Shrinking America: Immigrants 2019-08-22 11:43:45Restaurants, farms and other employers say they need more foreign workers. And economic growth may depend on it, given lower birthrates.

How to Turn an iPhone Into a Work-Only 2019-08-22 10:59:04To prevent distractions, Conor Dougherty, an economics writer, dumped social media and anything fun — even his browser — from his smartpho

The End of Bidding Wars? 2019-08-22 09:30:03Multiple bids are becoming a rarity, even in the nation’s most competitive real estate markets.

Job Gains Were Weaker Than Reported, by Half 2019-08-21 16:33:22The Labor Department provided a revised picture of employment growth over a one-year period, offering the latest sign of a cooling economy.

Fed Was Divided About Interest Rate Cut 2019-08-21 16:02:30Fed officials were split in their decision over whether to cut rates and by how much.

Banks Want Efficiency. Critics Warn of Backsliding. 2019-08-20 13:37:15The Federal Reserve is streamlining postcrisis bank regulation. The end result could be lower capital requirements for the biggest banks.

U.S. Gives Companies More Time to Cease Doing 2019-08-19 23:40:39A 90-day extension is intended to give rural telecommunications time to wean themselves off the Chinese company, which supplies parts and equipment.

Job Training Can Change Lives. See How San 2019-08-19 16:35:35A program with an intensive approach offers a rare success story in producing lasting wage gains. Its guiding principle: “We will not let them f

Home Page

Small channels in panic mode after Trai proposes New! 2019-08-25 11:43:18In its consultation paper released last week, Trai addressed three key points including the bundling of channels under bouquets, rampant discounting w

Market players see short-term bounce after FM Sitharaman's New! 2019-08-25 11:09:19Stocks of firms in the automobile, banking, and real estate sectors, and those of non-banking financial companies (NBFCs) are likely to remain under f

SC to hear on Monday Chidambaram's plea against New! 2019-08-25 10:39:16Chidambaram was arrested on August 21 night from his Jor Bagh residence by the CBI in the corruption case and was produced before a trial court on Aug

Trump regrets not hitting China with more tariffs New! 2019-08-25 09:54:06Trump doesn't regret starting a trade war but he does have second thoughts on whether he should have hit the Chinese even harder, clarified White Hou

PV Sindhu creates history, wins badminton world championship 2019-08-25 09:13:14Sindhu became the first Indian shuttler to win the World Championships title

Blocking communication helped save lives in Jammu & 2019-08-25 08:54:56In a statement, the Jammu and Kashmir administration also said 1,165 out of 1,666 chemist shops in Srinagar remained open on Sunday

UP govt to raise Rs 9,000 crore bank 2019-08-25 08:24:55The 296-km Bundelkhand Expressway and the 91-km Gorakhpur Link Expressway are estimated to cost Rs 14,849 crore and Rs 5,876 crore

Former finance minister Arun Jaitely cremated with state 2019-08-25 08:04:45The 66-year-old BJP stalwart passed away at the AIIMS here on Saturday

CVC sets up advisory board to examine banking 2019-08-25 07:08:49The panel in its previous avatar called the Advisory Board on Bank, Commercial and Financial Frauds

Mann Ki Baat: PM calls for movement against 2019-08-25 03:56:32The call for a mass movement came days after Modi's Independence Day's address in which he had urged people to shun 'single-use' plastic to protec

CG Power investors, lenders seek tycoon Gautam Thapar's 2019-08-25 02:56:15Thapar has 8,574 shares out of 62.6 crore shares of the company

Why India's labourers can't afford to buy a 2019-08-25 02:30:53Trouble is, the distribution of the Indian economic pie is more lopsided than the aggregate numbers suggest

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