Economy

Trump criticizes Fed for raising interest rates too quickly

Oct 16, 2018

President Donald Trump is criticizing the Federal Reserve for raising interest rates too quickly

Stocks surge, erasing some of their big losses from last week; Dow Jones industrials climb 546 points, or 2 percent

Oct 16, 2018

Stocks surge, erasing some of their big losses from last week; Dow Jones industrials climb 546 points, or 2 percent

Japanese bank Nomura to pay $480M for role in housing crisis

Oct 16, 2018

Japanese bank Nomura to pay $480 million to US authorities for its alleged role in the housing market bubble

Swallowing $16B purchase of Flipkart, Walmart cuts outlook

Oct 16, 2018

Walmart cuts outlook, citing $16 billion deal for online retailer in India, but says quarterly online sales growth will slow

Stocks surge following strong earnings and economic data after last week's plunge; Dow jumps 500 points

Oct 16, 2018

Stocks surge following strong earnings and economic data after last week's plunge; Dow jumps 500 points

As an oil giant, Saudi threats against US loom large

Oct 16, 2018

Saudi Arabia's status as the biggest oil exporter gives it power to jolt the global economy but it's not expected to retaliate against the US

US targets network backing Iran's use of child soldiers

Oct 16, 2018

Treasury is targeting a network of businesses that provide financial support to a paramilitary force in Iran that allegedly trains and deploys child soldiers to fight with Iran's Islamic Revolutionary Guard Corps

US employers post record number of open jobs in August

Oct 16, 2018

US employers post record number of open jobs in August; hiring also reaches record high

China wants to deepen economic ties in 16 European nations

Oct 16, 2018

A Chinese government minister has told officials from central and eastern Europe that China wants to boost its cooperation in the region

US, South African farmers cry fowl over Trump metal tariffs

Oct 16, 2018

President Trump's tariffs on steel and aluminum are jeopardizing an export deal with South Africa worth millions of dollars to American chicken farmers

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