National Business News

RSS

U.S. sets rules on tax-break zones

But critics say plan helps Wall Street, not low-income areas

Subscriber onlyPresident Donald Trump's administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. Continue reading...

New Google cellphone feature lets robot handle robocalls

Subscriber onlyRobocalls are getting worse. In just one example, Adrian Abramovich of Miami was fined $120 million by the Federal Communications Commission in May for making 97 million spoofing robocalls. Continue reading...

White House backed oil firms over EPA

Subscriber onlyWhite House officials pushed the EPA to maximize savings for the oil industry despite the agency's concern that weakening regulations would allow more methane to escape into the atmosphere, according to newly released documents. Continue reading...

Stocks finish shaky week mixed

Subscriber onlyU.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Makers of household goods rose again as a week of choppy trading concluded. Continue reading...

Again, yuan falls against dollar

Closing weakest since early ’17; drop nears 10% since April

Subscriber onlyChina's politically sensitive yuan sank to a 22-month low against the dollar Thursday after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. Continue reading...

Home-loan rates ease back a bit

30-year, fixed-rate mortgages at 4.85% for this week

Subscriber only Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising interest rates. Continue reading...

Auto steel getting stronger, lighter to halt aluminum rise

Subscriber onlyAdvanced high-strength steel, the newest, lightest steel invented, is aiming to hold off aluminum's rise as the metal of choice for an auto industry in the midst of major changes. Continue reading...

Suit says Amazon targeted eBay sellers

Subscriber onlyFor three years Amazon has been illegally infiltrating an internal email system at e-commerce rival eBay, seeking to hide its tracks as it tried to poach top sellers, a new lawsuit claims. Continue reading...

U.S. still atop top-dollar list

But China minting new millionaires faster than U.S.

Subscriber onlyThe United States capped its 10th straight year of household wealth growth and is set to remain as the world's biggest hub for rich individuals even as China starts to close the gap, according to Credit Suisse Group. Continue reading...

Weak earning reports sink stocks

Subscriber only U.S. stocks slumped again Thursday as investors continued to sell shares of technology and Internet companies, industrials, and companies that rely on consumer spending. Continue reading...

Business news in brief

Subscriber onlyWalmart to build high-tech warehouse Continue reading...

Home construction sinks 5.3%

Hurricane Florence, rising mortgage rates seen as factors

Subscriber onlyU.S. home construction fell 5.3 percent in September, a possible sign that recent hurricanes and rising mortgage rates are weighing on the market. Continue reading...

U.S. presses EU on trade concerns

Ross challenges bloc’s stance as sides work to solidify truce

Subscriber onlyUS Commerce secretary tests trans-Atlantic trade truce with outburst Continue reading...

Fed officials debate raising interest rates to 'restrictive' levels

Subscriber onlyFederal Reserve officials have stepped deeper into a debate over how high to push interest rates, with a majority appearing to favor an eventual and temporary move above the level they deem neutral for the economy in the long run. Continue reading...

Firm amends Facebook suit, alleges fraud in ad metrics

Subscriber onlyFacebook Inc. knew in early 2015 that it misled advertisers about the average time users spent viewing online video clips -- and then lied about it, according to a lawsuit. Continue reading...

« Previous