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Fed rate increase is 3rd this year; foresees 3 more in 2018

Wed, 13 Dec 2017 23:02:49 GMT2017-12-13T23:02:49Z

WASHINGTON (AP) -- The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession....



Business Highlights

Wed, 13 Dec 2017 22:49:08 GMT2017-12-13T22:49:08Z

--...



How major US stock indexes fared on Wednesday

Wed, 13 Dec 2017 22:10:24 GMT2017-12-13T22:10:24Z

U.S. stock indexes closed mostly higher Wednesday as gains among grocery stores and other consumer-focused companies outweighed losses in financial stocks....



US stocks indexes close mostly higher after Fed rate hike

Wed, 13 Dec 2017 22:02:30 GMT2017-12-13T22:02:30Z

The major U.S. stock indexes finished mostly higher Wednesday, with small companies notching big gains as lawmakers in the House and Senate reached a deal on a sweeping tax reform package....



Finisar and Caterpillar jump while Diebold and Lumentum fall

Wed, 13 Dec 2017 21:28:18 GMT2017-12-13T21:28:18Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Wednesday:...



Markets Right Now: US indexes close mostly higher

Wed, 13 Dec 2017 21:12:21 GMT2017-12-13T21:12:21Z

The latest on developments in financial markets (All times local):...



The Latest: Fed sees 'modest lift' to growth from tax cuts

Wed, 13 Dec 2017 20:08:58 GMT2017-12-13T20:08:58Z

WASHINGTON (AP) -- The Latest on the Federal Reserve's monetary policy meeting (all times local):...



Trump condo prices falling in Manhattan, report finds

Wed, 13 Dec 2017 20:08:42 GMT2017-12-13T20:08:42Z

NEW YORK (AP) -- A real estate research firm reports that prices for condos in Trump buildings in Manhattan fell in the first year of the Trump presidency....



Text of the Fed's statement after its meeting Wednesday

Wed, 13 Dec 2017 19:12:41 GMT2017-12-13T19:12:41Z

WASHINGTON (AP) -- Below is the statement the Fed released Wednesday after its policy meeting ended:...



Fed boosts key interest rate for third time this year to range of 1.25 percent to 1.5 perc...

Wed, 13 Dec 2017 19:02:20 GMT2017-12-13T19:02:20Z

WASHINGTON (AP) -- Fed boosts key interest rate for third time this year to range of 1.25 percent to 1.5 percent ....



Edmunds: Best Year-End Car Deals for 2017

Wed, 13 Dec 2017 17:58:00 GMT2017-12-13T17:58:00Z

Every December, carmakers and dealerships scramble to hit end-of-year goals and sell off vehicles from the outgoing model year. But this December might be one for the record books. Inventory is at unusually high levels, and the push to clear it will be far more aggressive than in years past. Rebates will be generous - particularly on sedans, which are not nearly as popular as SUVs. So bargain hunters can find significant savings....



US stocks move higher ahead of expected Fed rate hike

Wed, 13 Dec 2017 16:32:52 GMT2017-12-13T16:32:52Z

U.S. stocks moved higher in morning trading Wednesday ahead of an expected interest rate hike from the Federal Reserve. Technology stocks accounted for much of the market's gains. Health care companies also rose. Banks lagged the most. Energy stocks also fell as crude oil prices headed lower....



Target aims to boost same-day delivery by acquiring Shipt

Wed, 13 Dec 2017 16:01:44 GMT2017-12-13T16:01:44Z

NEW YORK (AP) -- Target plans to boost its same-day delivery capability by paying $550 million for Shipt, its latest move to try to catch up with Amazon....



Spirit Airlines picks insider to become next CEO in 2019

Wed, 13 Dec 2017 15:37:57 GMT2017-12-13T15:37:57Z

MIRAMAR, Fla. (AP) -- Spirit Airlines Inc. says CEO Robert Fornaro will step down in January 2019 and be replaced by the company's current chief financial officer, Ted Christie....



That new store card could torpedo your credit score

Wed, 13 Dec 2017 15:07:45 GMT2017-12-13T15:07:45Z

Getting a deal during the holidays is a great American tradition. So when a sales clerk cheerfully asks, "Would you like to save 20 percent on your purchases today by opening a card with us?" it fits right in....



Germany's Lufthansa drops bid for Air Berlin's Niki unit

Wed, 13 Dec 2017 14:56:15 GMT2017-12-13T14:56:15Z

BERLIN (AP) -- Germany's Lufthansa says it has withdrawn its bid for the Niki division of bankrupt Air Berlin as it tries to secure European Union approval for its planned takeover of much of what was once the country's second-biggest airline....



Gasoline prices lift US consumer inflation 0.4 percent

Wed, 13 Dec 2017 13:51:30 GMT2017-12-13T13:51:30Z

WASHINGTON (AP) -- Surging gasoline prices pulled U.S. consumer inflation up 0.4 percent in November....



Hyundai, Kia recall compact cars to fix brake light problem

Wed, 13 Dec 2017 13:30:22 GMT2017-12-13T13:30:22Z

DETROIT (AP) -- Hyundai and Kia are recalling more than a half-million compact cars in the U.S. because the brake lights may not go out when the pedal is released....



House and Senate tax bills treat disaster victims unequally

Tue, 12 Dec 2017 21:33:25 GMT2017-12-12T21:33:25Z

If the House Republican tax bill became law, victims of hurricanes in Texas and Florida who've yet to account for all their losses could deduct them on their 2018 taxes. Not so for victims of the California wildfires....



US budget deficit totals $138.5 billion in November

Tue, 12 Dec 2017 19:30:35 GMT2017-12-12T19:30:35Z

WASHINGTON (AP) -- The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago....



Hawaiian, Delta lead on-time rankings, Virgin America last

Tue, 12 Dec 2017 17:28:05 GMT2017-12-12T17:28:05Z

Here are the government's rankings of the leading U.S. airlines and their on-time performance for October. The federal government counts a flight as on time if it arrives no more than 14 minutes behind schedule....



Sans hurricanes, air travel more predictable in October

Tue, 12 Dec 2017 17:27:25 GMT2017-12-12T17:27:25Z

WASHINGTON (AP) -- Air travel was comparatively hassle-free in October compared with the previous month, when a pair of hurricanes wreaked havoc on airline schedules....



Markets Right Now: Banks, health care lead stocks higher

Tue, 12 Dec 2017 17:01:27 GMT2017-12-12T17:01:27Z

The latest on developments in financial markets (All times local):...



Exxon says it will increase climate-change disclosures

Tue, 12 Dec 2017 15:53:54 GMT2017-12-12T15:53:54Z

DALLAS (AP) -- Exxon says it will give more details about how climate change could affect its business....



First time dealing with credit card fraud? You got this

Tue, 12 Dec 2017 15:07:21 GMT2017-12-12T15:07:21Z

When Amanda Abella was 23, her wallet was stolen from her purse while she was at work. Before she realized it was missing, she began receiving texts from her bank about unusual account activity. It was the first time she had experienced fraud on her debit and credit cards....



US wholesale prices up 0.4 percent in November

Tue, 12 Dec 2017 14:01:50 GMT2017-12-12T14:01:50Z

WASHINGTON (AP) -- Prices at the wholesale level rose 0.4 percent in November and 3.1 percent over the past year. It was the biggest annual jump in nearly six years and reflected a big spike in the price of gasoline and other energy products....



Amid Amazon competition, Westfield malls sold for $15.7B

Tue, 12 Dec 2017 12:18:18 GMT2017-12-12T12:18:18Z

PARIS (AP) -- The owner of Westfield shopping centers is being bought by French property investor Unibail-Rodamco for $15.7 billion as shop retailers struggle to keep up with the move to online sites like Amazon....



Spirit boots breast-feeding woman from plane

Mon, 11 Dec 2017 23:11:31 GMT2017-12-11T23:11:31Z

A woman making a long-planned trip with her parents and young son says Spirit Airlines kicked the family off the plane when she didn't immediately stop breast-feeding the 2-year-old, who was restless after a long delay....



Waiting for Congress, Mnuchin makes 2nd emergency debt move

Mon, 11 Dec 2017 21:41:42 GMT2017-12-11T21:41:42Z

WASHINGTON (AP) -- Treasury Secretary Steven Mnuchin said Monday he is making a second emergency move to keep the government from going above the debt limit while awaiting congressional action to raise the threshold....



In tax push, Trump's team uses a dubious growth estimate

Mon, 11 Dec 2017 19:00:18 GMT2017-12-11T19:00:18Z

WASHINGTON (AP) -- The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves....



US job openings slip in October, but hiring increased

Mon, 11 Dec 2017 17:32:38 GMT2017-12-11T17:32:38Z

WASHINGTON (AP) -- U.S. employers posted slightly fewer job openings in October than the previous month, but the number of people being hired improved....



Liz Weston: Refusing to pay could hurt you more than them

Mon, 11 Dec 2017 15:48:08 GMT2017-12-11T15:48:08Z

Oh, the injustice of it all....



This Week: Fed meeting, jobless claims, Costco earnings

Mon, 11 Dec 2017 15:23:46 GMT2017-12-11T15:23:46Z

A look at some of the key business events and economic indicators upcoming this week:...



Asian investors embrace bitcoin, but regulators are wary

Mon, 11 Dec 2017 09:35:17 GMT2017-12-11T09:35:17Z

HONG KONG (AP) -- The weekend launch of a U.S. futures contract for bitcoin reflects widespread acceptance of the virtual currency, especially among investors in Asia, though regulators are wary....



Bitcoin futures rise as virtual currency hits major exchange

Mon, 11 Dec 2017 07:21:33 GMT2017-12-11T07:21:33Z

CHICAGO (AP) -- The first-ever bitcoin future jumped after it began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange....



Macy's executive chairman Terry Lundgren retires from board

Fri, 08 Dec 2017 23:39:39 GMT2017-12-08T23:39:39Z

NEW YORK (AP) -- Macy's says its executive chairman Terry Lundgren, who stepped down as CEO in March, will retire from the board....



Media fight Kushners for names of partners in Md. buildings

Fri, 08 Dec 2017 23:28:24 GMT2017-12-08T23:28:24Z

NEW YORK (AP) -- News outlets including The Associated Press are filing a motion in federal court arguing that a document that reveals the names of investors in some Kushner Cos. apartment buildings in Maryland should be unsealed and available to the media....



Jobless rate for Latinos drops to a record low

Fri, 08 Dec 2017 21:19:23 GMT2017-12-08T21:19:23Z

...



A stronger global economy is helping boost the US job market

Fri, 08 Dec 2017 20:50:32 GMT2017-12-08T20:50:32Z

WASHINGTON (AP) -- The U.S. job market is benefiting from an unlikely source: Other countries....



Trump says fines for Wells Fargo will not be dropped

Fri, 08 Dec 2017 19:35:46 GMT2017-12-08T19:35:46Z

WASHINGTON (AP) -- President Donald Trump weighed in on an investigation into scandal-plagued Wells Fargo, tweeting Friday that fines and penalties against the bank would not be dropped, and may actually be "substantially increased."...



Recalls this week: table lamps, angle grinders, generators

Fri, 08 Dec 2017 18:44:53 GMT2017-12-08T18:44:53Z

More than 40,000 industrial table lamps are being recalled this week because of a wire that can fray, posing a shock hazard. Other recalled consumer products include camera power adapters, angle grinders and portable generators....



Where Americans found jobs: Manufacturing and health care

Fri, 08 Dec 2017 17:48:30 GMT2017-12-08T17:48:30Z

...



Robust US hiring underscores economy's growing momentum

Fri, 08 Dec 2017 16:59:39 GMT2017-12-08T16:59:39Z

WASHINGTON (AP) -- U.S. employers added a substantial 228,000 jobs in November, a sign of the job market's enduring strength in the economy's ninth year of expansion, and the unemployment rate held at a 17-year low of 4.1 percent....



New Delta charges for baggage on discount flights to Europe

Fri, 08 Dec 2017 16:48:16 GMT2017-12-08T16:48:16Z

NEW YORK (AP) -- Travelers looking to take a cheap Delta Air Lines will soon need to pay for even one piece of checked baggage when flying to Europe or North Africa....



Toyota to announce new Avalon big car at Detroit auto show

Fri, 08 Dec 2017 16:40:52 GMT2017-12-08T16:40:52Z

DETROIT (AP) -- Toyota will introduce a revamped Avalon full-size car at the Detroit auto show in January at a time when sales of big cars are falling as U.S. buyers continue their shift toward SUVs....



South Korea mulling ways to curb craze for bitcoins

Fri, 08 Dec 2017 10:10:53 GMT2017-12-08T10:10:53Z

SEOUL, South Korea (AP) -- South Korean is studying ways to regulate speculative trading in crypto currencies as the latest surge in prices stokes a craze over bitcoins....



China logs strong exports, imports, as economy gains steam

Fri, 08 Dec 2017 06:42:46 GMT2017-12-08T06:42:46Z

HONG KONG (AP) -- China reported strong growth Friday in both exports and imports in November in a reassuring sign for the world's second-biggest economy....



Subaru, Hyundai top insurance industry's safety awards

Fri, 08 Dec 2017 06:03:32 GMT2017-12-08T06:03:32Z

DETROIT (AP) -- Subaru and Hyundai have the most vehicles named top safety picks by the insurance industry....



Bitcoin soars then falls back; banks raise risk concerns

Fri, 08 Dec 2017 05:14:54 GMT2017-12-08T05:14:54Z

NEW YORK (AP) -- Even by bitcoin standards, Thursday was a wild ride....



Japan economy gains momentum, grows 2.5 percent in July-Sept

Fri, 08 Dec 2017 04:55:53 GMT2017-12-08T04:55:53Z

TOKYO (AP) -- Japan's economy is gaining momentum, expanding at a 2.5 percent annual pace in July-September, the government said Friday....



Japan reports economy grew 2.5 pct year-on-year in July-Sept

Fri, 08 Dec 2017 00:27:41 GMT2017-12-08T00:27:41Z

TOKYO (AP) -- Japan's economy grew at a 2.5 percent annual pace in July-September, faster than the earlier estimate of 1.4 percent growth, the government reported Friday....



How major US stock indexes fared on Thursday

Thu, 07 Dec 2017 21:44:10 GMT2017-12-07T21:44:10Z

U.S. stock indexes perked higher on Thursday following a nearly weeklong lull, and the Standard & Poor's 500 rose for the first time in five days....



US consumer borrowing up $20.5 billion in October

Thu, 07 Dec 2017 20:02:44 GMT2017-12-07T20:02:44Z

WASHINGTON (AP) -- American consumers increased their borrowing by $20.5 billion in October. It was the biggest gain in 11 months and reflected strong increases in the use of credit cards and in auto and student loans....



Morgan Stanley fires Harold Ford Jr. for misconduct

Thu, 07 Dec 2017 19:20:57 GMT2017-12-07T19:20:57Z

NEW YORK (AP) -- Morgan Stanley on Thursday fired former Congressman Harold Ford Jr. following allegations of misconduct....



Ford shifts production of electric SUV to Mexico

Thu, 07 Dec 2017 18:24:04 GMT2017-12-07T18:24:04Z

DETROIT (AP) -- Ford says that shifting production of an electric SUV from the U.S. to Mexico will allow the company to make more self-driving vehicles in Michigan....



Surging stocks lift US wealth, yet most still trail '07 peak

Thu, 07 Dec 2017 18:21:54 GMT2017-12-07T18:21:54Z

WASHINGTON (AP) -- Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion this fall, though the gains aren't widely shared....



Cross these 4 items off your year-end investing checklist

Thu, 07 Dec 2017 17:09:21 GMT2017-12-07T17:09:21Z

Good news: There's still time to slash your tax burden, boost your retirement savings and get a head start on investing wisely in 2018 - all before Auld Lang Syne plays on New Year's Eve....



Applications for US jobless benefits drop again to 236,000

Thu, 07 Dec 2017 16:14:47 GMT2017-12-07T16:14:47Z

WASHINGTON (AP) -- The number of unemployed workers filing for jobless benefits fell by 2,000 last week to 236,000, the lowest level in five weeks and further evidence of the strength in the labor market....



US mortgage rates rise this week as Fed nears rate hike

Thu, 07 Dec 2017 16:05:32 GMT2017-12-07T16:05:32Z

...



US mortgage rates rise, though remain historically low

Thu, 07 Dec 2017 15:59:25 GMT2017-12-07T15:59:25Z

WASHINGTON (AP) -- U.S. mortgage rates rose this week as the economy showed signs of strength, which makes it more likely that the Federal Reserve will raise its short-term rate next week....



Ford collaborates with Alibaba as it expands into China

Thu, 07 Dec 2017 13:37:11 GMT2017-12-07T13:37:11Z

NEW YORK (AP) -- Ford is joining with Chinese e-commerce giant Alibaba Group to explore new ways for people to buy and own vehicles in the world's largest auto market....



GE's power division plans to cut about 12,000 jobs globally

Thu, 07 Dec 2017 12:12:35 GMT2017-12-07T12:12:35Z

BOSTON (AP) -- General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels....



In the age of Amazon, Walmart is changing its legal name

Wed, 06 Dec 2017 23:49:49 GMT2017-12-06T23:49:49Z

NEW YORK (AP) -- Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon's increasing dominance,...



Lululemon posts strong results, CEO cites holiday momentum

Wed, 06 Dec 2017 22:52:52 GMT2017-12-06T22:52:52Z

VANCOUVER, British Columbia (AP) -- Athletic apparel maker Lululemon Athletica Inc. on Wednesday posted strong results for its fiscal third-quarter and raised its forecasts for the full year, sending its stock jumping in after-hours trading....



Count the ways: How GOP tax plans would reward rich families

Wed, 06 Dec 2017 22:23:42 GMT2017-12-06T22:23:42Z

WASHINGTON (AP) -- Life may be about to get easier for people with rich parents. They can thank the Republicans' tax plans....



UnitedHealth ventures deeper into care with nearly $5B deal

Wed, 06 Dec 2017 18:26:03 GMT2017-12-06T18:26:03Z

The nation's biggest health insurer is spending nearly $5 billion to buy hundreds of clinics, just three days after rival Aetna announced a bigger tie up with CVS Health Corp....



Small businesses hire at moderate pace in November, ADP says

Wed, 06 Dec 2017 16:09:46 GMT2017-12-06T16:09:46Z

NEW YORK (AP) -- Small businesses hired at a moderate pace last month, adding 50,000 jobs, according to payroll provider ADP....



Home Depot sticks by outlook, buys back $15 billion in stock

Wed, 06 Dec 2017 16:04:57 GMT2017-12-06T16:04:57Z

NEW YORK (AP) -- Home Depot is sticking by its outlook for the year and will buy back $15 billion in company shares....



Survey: US businesses added a solid 190,000 jobs in November

Wed, 06 Dec 2017 15:15:24 GMT2017-12-06T15:15:24Z

WASHINGTON (AP) -- U.S. businesses added a robust 190,000 jobs in November, according to a private survey, a sign that hiring is strong enough to reduce an already-low unemployment rate....



US records strongest US worker productivity in 3 years

Wed, 06 Dec 2017 13:54:22 GMT2017-12-06T13:54:22Z

WASHINGTON (AP) -- U.S. worker productivity rose 3 percent in the third quarter, the best showing in three years, while labor costs fell for a second straight quarter....



Edmunds recommends 10 car features for winter driving

Wed, 06 Dec 2017 11:15:29 GMT2017-12-06T11:15:29Z

Most drivers in the snowbelt agree: Winter driving is a drag. Cold weather affects the way you interact with your car and the way your car interacts with the road. Freezing temperatures can make your vehicle's cabin extremely uncomfortable, while snow and ice can seriously compromise your ability to maintain control of your vehicle....



Apple CEO hopeful banned apps will return to China store

Wed, 06 Dec 2017 10:33:05 GMT2017-12-06T10:33:05Z

HONG KONG (AP) -- Apple's chief executive said Wednesday he's optimistic some apps that fell afoul of China's tight internet laws will eventually be restored after being removed earlier this year....



Heavy volume of shipments causes delivery delays for UPS

Wed, 06 Dec 2017 00:49:26 GMT2017-12-06T00:49:26Z

DALLAS (AP) -- UPS says some package deliveries are being delayed because of an unexpected flood of orders from online shoppers after Thanksgiving....



Nestle buying vitamin, supplement maker Atrium Innovations

Tue, 05 Dec 2017 18:36:59 GMT2017-12-05T18:36:59Z

NEW YORK (AP) -- Nestle, the maker of Hot Pockets and Purina dog food, is expanding into vitamins and supplements by buying Atrium Innovations for $2.3 billion....



Then and now: Why 1986 tax bill was everything 2017's isn't

Tue, 05 Dec 2017 17:50:16 GMT2017-12-05T17:50:16Z

WASHINGTON (AP) -- They don't do tax reform like they used to....



Senate panel approves Jerome Powell as Fed chairman

Tue, 05 Dec 2017 16:32:06 GMT2017-12-05T16:32:06Z

WASHINGTON (AP) -- The Senate Banking Committee on Tuesday approved President Donald Trump's selection of Jerome Powell to be the next chairman of the Federal Reserve....



Correction: Tax Overhaul-Key Elements to Expire story

Tue, 05 Dec 2017 16:30:37 GMT2017-12-05T16:30:37Z

WASHINGTON (AP) -- In a story Dec. 5 about taxes, The Associated Press reported erroneously the name of the Committee for a Responsible Federal Budget....



Cineworld buying Regal movie chain in global expansion

Tue, 05 Dec 2017 15:57:00 GMT2017-12-05T15:57:00Z

NEW YORK (AP) -- Cineworld Group PLC is buying Regal Entertainment Group for $3.61 billion in a deal that gives the movie theater operator a larger global footprint....



Ask Brianna: How do my finances compare with my peers'?

Tue, 05 Dec 2017 15:29:31 GMT2017-12-05T15:29:31Z

"Ask Brianna" is a column from NerdWallet for 20-somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans - all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com....



Ford ups electric push in China as Beijing transforms market

Tue, 05 Dec 2017 14:22:34 GMT2017-12-05T14:22:34Z

DETROIT (AP) -- Ford Motor Co. is promising to roll out more than 50 new vehicles in China over the next eight years including 15 powered by electricity as it restructures its business and responds to a government push for cleaner air by making all new vehicles electric....



US trade deficit rises to $48.7 billion on record imports

Tue, 05 Dec 2017 13:36:34 GMT2017-12-05T13:36:34Z

WASHINGTON (AP) -- Record imports lifted the U.S. trade deficit to $48.7 billion in October, the highest since January....



Nissan undaunted by bid to stop electric vehicle tax credits

Mon, 04 Dec 2017 23:43:37 GMT2017-12-04T23:43:37Z

SMYRNA, Tenn. (AP) -- The head of Nissan Motor Co.'s operations in North America said Monday that the company is undaunted by congressional efforts to do away with a federal tax credit for plug-in electric vehicles....



McDonald's revives Dollar Menu name with $1, $2 and $3 items

Mon, 04 Dec 2017 22:36:13 GMT2017-12-04T22:36:13Z

NEW YORK (AP) -- The Dollar Menu is making a McComeback....



Rates rise at US Treasury auction to highest in 9 years

Mon, 04 Dec 2017 21:31:48 GMT2017-12-04T21:31:48Z

WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels in nine years....



Comerica, Fox and General Cable climb while Signet stumbles

Mon, 04 Dec 2017 21:22:25 GMT2017-12-04T21:22:25Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Monday:...



Barkin tapped as next president of Richmond Fed bank

Mon, 04 Dec 2017 19:41:21 GMT2017-12-04T19:41:21Z

WASHINGTON (AP) -- The Federal Reserve's Richmond regional bank announced on Monday that Thomas Barkin, a senior executive at global management consulting firm McKinsey & Co., will be the bank's next president....



Economists expect modest boost from tax cuts

Mon, 04 Dec 2017 15:12:23 GMT2017-12-04T15:12:23Z

WASHINGTON (AP) -- Economists expect a tax overhaul to provide a modest boost to the U.S. economy but are increasingly worried that a rewrite of the North American Free Trade Agreement will take a toll on growth....



Liz Weston: Would a bank payday loan be any safer?

Mon, 04 Dec 2017 15:05:15 GMT2017-12-04T15:05:15Z

A "safer" payday loan sounds like an oxymoron. Critics have branded these notoriously high-cost loans as debt traps that cause borrowers to go ever deeper in the hole....



GNC cancels funding plans, seeks alternatives

Mon, 04 Dec 2017 13:51:00 GMT2017-12-04T13:51:00Z

NEW YORK (AP) -- GNC Holdings Inc. cancelled a sale of senior notes and its plans to borrow more as it considers other options to raise funds....



Apple, Google at China internet fest shows lure of market

Mon, 04 Dec 2017 12:27:18 GMT2017-12-04T12:27:18Z

HONG KONG (AP) -- The high-profile attendance of the leaders of Apple and Google at a Chinese conference promoting Beijing's vision of a censored internet highlights the dilemma for Western tech companies trying to expand in an increasingly lucrative but restricted market....



Europe up, Asian shares mixed with US politics in focus

Mon, 04 Dec 2017 09:45:41 GMT2017-12-04T09:45:41Z

SEOUL, South Korea (AP) -- European markets opened higher after Asian stocks closed mixed on Monday, with U.S. politics in focus. Investors are digesting the U.S. Senate's passage of the tax bill and considering implications of the guilty plea by President Donald Trump's former U.S. national security adviser....



Office holiday parties get another look as scandals continue

Mon, 04 Dec 2017 08:05:36 GMT2017-12-04T08:05:36Z

NEW YORK (AP) -- With a series of high-profile workplace sex scandals on their minds, employers are making sure their holiday office parties don't become part of the problem....



Asian stock markets mixed; US tax bill, politics in focus

Mon, 04 Dec 2017 06:19:24 GMT2017-12-04T06:19:24Z

SEOUL, South Korea (AP) -- Asian stock markets were mixed on Monday, with U.S. politics in focus. Investors are digesting the U.S. Senate's passage of the tax bill and considering implications of the guilty plea by President Donald Trump's former U.S. national security adviser....



Insider Q&A: Economist Diane Swonk on what's ahead in 2018

Sun, 03 Dec 2017 15:17:33 GMT2017-12-03T15:17:33Z

WASHINGTON (AP) -- U.S. economic growth has accelerated after a sluggish start to the year, while unemployment has fallen to the lowest point in almost 17 years and the stock market has been climbing to record highs....



Top selling vehicles in the US in November

Fri, 01 Dec 2017 21:44:39 GMT2017-12-01T21:44:39Z

...



Black Friday deals boosted US auto sales in November

Fri, 01 Dec 2017 21:16:54 GMT2017-12-01T21:16:54Z

DETROIT (AP) -- Black Friday deals and strong consumer confidence pushed auto sales higher in November despite waning demand for post-hurricane replacement vehicles....



Black Friday deals likely boosted US auto sales in November

Fri, 01 Dec 2017 19:56:29 GMT2017-12-01T19:56:29Z

DETROIT (AP) -- Black Friday deals and strong consumer confidence could push auto sales higher in November despite waning demand for post-hurricane replacement vehicles....



Would Trump really pay more under the tax bill? Not likely

Fri, 01 Dec 2017 19:46:22 GMT2017-12-01T19:46:22Z

WASHINGTON (AP) -- President Donald Trump keeps telling voters that he stands to pay more under the Republican tax legislation. But the evidence suggests otherwise....



Blue Apron shares soar after replacing CEO

Fri, 01 Dec 2017 16:32:11 GMT2017-12-01T16:32:11Z

NEW YORK (AP) -- Shares of Blue Apron soared Friday, a day after the meal-kit company announced that co-founder Matt Salzberg stepped down as CEO....



US factory growth slowed in November but still looks strong

Fri, 01 Dec 2017 15:27:28 GMT2017-12-01T15:27:28Z

WASHINGTON (AP) -- American factories grew more slowly in November but still appear healthy....