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Economy

Reuters: Business News

Exclusive: U.S. pushing for regular review of China 2019-01-18 14:56:26The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal - and could again resor

U.S. consumer sentiment at two-year low, manufacturing rebounds 2019-01-18 14:45:30U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing pa

U.S. regulators discuss imposing fine against Facebook: Washington 2019-01-18 14:44:58U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the

Facebook sheds gains after report on potential major 2019-01-18 14:44:32** Shares of Facebook paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations

Stocks rally on trade hopes, dollar set for 2019-01-18 14:09:38Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade con

Leasing firm seeks earlier return of 10 Avianca 2019-01-18 13:50:32Aircastle Ltd will try to repossess 10 planes from Avianca Brasil before the Feb. 1 expiration of a 15-day stay on repossessions from the struggling

Brazil aviation regulator will no longer ground 10 2019-01-18 13:50:11Brazil's aviation regulator ANAC said on Friday it would no longer ground 10 planes operated by Avianca Brasil, which represented 20 percent of the

Tesla cuts jobs as it looks to make 2019-01-18 13:44:59Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Mo

PBGC steps in to oversee Sears' two pension 2019-01-18 13:25:14Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans, coverin

Citi says female employees earn 29 percent less 2019-01-18 12:59:53(This Jan. 16 story corrects to include gender pay gap at Citi when accounting for similar positions and geographies)

Wall Street rally builds on trade optimism 2019-01-18 12:45:05Technology and industrial stocks powered Wall Street's rise on Friday, setting the three main indexes on track for their fourth week of gains, amid g

Take Five: World markets themes for the week 2019-01-18 12:42:10Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

L.A. Times - Business

California economy finishes 2018 on a strong note, 2019-01-18 13:50:00California’s job market finished 2018 on a strong note, as payrolls continued to grow despite concerns over a volatile stock market, a continuin

Tesla to cut 7% of staff as it 2019-01-18 13:25:00Tesla Inc. staked its future on the Model 3, envisioning the electric sedan as an affordable option for the masses. Last year, as it pulled itself out

China offers path to end U.S. trade deficit, 2019-01-18 13:25:00China has offered to go on a six-year buying spree to ramp up imports from the U.S., a move that would reconfigure the relationship between the world&

Stocks climb as hopes for U.S.-China trade deal 2019-01-18 13:00:00Stocks in the U.S. and Europe are climbing Friday as renewed hopes for progress in U.S.-China trade talks contribute to the market’s newfound op

Honda’s new CRF450L motorcycle straddles the road and 2019-01-18 10:00:00For years, dual-sport riders have dreamed of the perfect dual-sport motorcycle, the just-right Goldilocks bike that would be as capable in the dirt as

Huawei CFO Meng Wanzhou awaits her fate in 2019-01-18 08:00:00Meng Wanzhou steps out of her $4.2-million mansion, a GPS monitor strapped to her ankle, and slips into a chauffeured black SUV. Then she’s off,

Office tenants keep growing in Los Angeles despite 2019-01-18 08:00:00Office leasing in Los Angeles County stayed strong in the fourth quarter of 2018 and is expected to perform well in the months ahead despite concerns

In Tribune Publishing shake-up, chief executive and former 2019-01-17 22:00:00Tribune Publishing, after months of turmoil, has shaken up its leadership in a dramatic overhaul that further distances the company’s management

Hungry for cash, Musk says company can no 2019-01-17 19:10:00Tesla needs more cash. To help keep what it’s got from flying out the door, Chief Executive Elon Musk on Wednesday announced the end of a custom

Stocks gain after reports of possible progress on 2019-01-17 17:40:00U.S. stocks climbed Thursday after a report that U.S. officials could reduce the new tariffs on Chinese imports as part of trade negotiations between

Facebook removes bogus accounts it says had ties 2019-01-17 14:20:00Facebook Inc. said it disrupted two campaigns run by fake accounts with links to Russia and its Sputnik news service as it continues to grapple with m

Gymboree, Crazy 8 chains to shut down after 2019-01-17 13:10:00Gymboree Group Inc. will shut down its Gymboree and Crazy 8 clothing chains after declaring bankruptcy for a second time and failing to find a buyer f

Economy

US import prices fall; year-on-year drop largest since 2019-01-16 08:31:00U.S. import prices fell for a second straight month in December as the cost of petroleum products tumbled and a strong dollar curbed prices of other g

Economist Ed Lazear: The stock market is the 2019-01-15 11:17:00"Given the volatility in the market," Lazear argues, "probably a few weeks worth of patience is not a terrible thing at this point" from the Fed o

The White House thinks the shutdown will be 2019-01-15 08:32:00The original estimate that the partial shutdown would subtract 0.1 percentage point from growth every two weeks has now been doubled.

'Not your grandmother's economy' — Cantor CEO Howard 2019-01-14 11:48:00The U.S. economy "feels good" and shows no sign of a recession in the next 12 months, says Lutnick, also CEO of Cantor spinoff BGC Partners.

Gundlach's warning on 'ocean of debt' adds to 2019-01-14 11:26:00Investor Jeffrey Gundlach warns that the debt load is about to become a bigger problem.

Yellen says economic uncertainty has prompted some retailers 2019-01-14 09:12:00Janet Yellen, former chair of the Federal Reserve, made the comments Monday during the National Retail Federation's annual Big Show in New York.

OppenheimerFunds CIO: There won't be an economic recession 2019-01-14 09:09:00Growing positive sentiment between the U.S. and China recently bodes well for stocks, says OppenheimerFunds' Krishna Memani.

If the shutdown lasts two more weeks, the 2019-01-11 11:37:00It will only take another two weeks to cost the economy more than the $5.7 billion Trump demanded for the border wall.

US consumer prices drop for the first time 2019-01-11 08:30:00U.S. consumer prices fell for the first time in nine months in December amid a plunge in the cost of gasoline.

Trump could take billions from disaster areas to 2019-01-11 07:38:00Under the proposal, Trump could dip into money set aside to fund civil works projects all over the country including storm-damaged areas of Puerto Ric

California Gov. Gavin Newsom pledges unemployment benefits to 2019-01-11 07:27:00California Gov. Gavin Newsom pledges the state will provide unemployment insurance benefits for furloughed workers impacted by the partial federal gov

Here's how lost furloughed federal worker paychecks could 2019-01-11 06:00:00Furloughed workers will lose over $2.2 billion in missed paychecks as the government shutdown enters day 21. The unemployment rate could jump a few t

NYT > Economy

Fed Ready to Pause on Interest Rate Increases 2019-01-09 17:33:08Fed minutes and comments by officials signal that the central bank will not raise rates at its next meeting, in January, and is unlikely to do so at t

China Offers Trump a Trade Peace Deal. It 2019-01-08 14:17:56Beijing’s proposed concessions may help both sides, but may not alleviate the tensions fueling its economic conflict with the United States.

Who Wants a Market Downturn? These Investors Actually 2019-01-06 19:32:22Some venture capitalists are rooting for a market dip to calm Silicon Valley’s overheated start-up scene.

As Big Retailers Seek to Cut Their Tax 2019-01-06 03:00:06If Walmart, Lowe’s and other companies win their property tax appeals, homeowners and small businesses will have to pay more or live with smalle

China Pours $218 Billion Into the Economy as 2019-01-04 23:19:21The Chinese central bank’s move is intended to send a signal that Beijing is ready to stem a slowdown that has darkened the global outlook.

Strong Hiring and Fed Chief’s Reassurance on Rates 2019-01-04 20:44:25A December gain of 312,000 jobs sent stocks up more than 3 percent, and the Federal Reserve chairman offered soothing words on the central bank’

Powell Says a ‘Patient’ Fed Is Watching for 2019-01-04 18:42:45Jerome H. Powell, the Federal Reserve chairman, also said that if asked to resign by President Trump, he would refuse.

Fed Chairman Powell to Markets: I Hear You 2019-01-04 18:08:04His message to investors seemed to repair the damage from his remarks two weeks ago.

U.S. Auto Sales Put Up a Big Number, 2019-01-03 20:25:39The industry sold more than 17 million vehicles for the fourth straight year. But it is relying more on fleet sales, and economic winds are not favora

Big Tech May Look Troubled, but It’s Just 2019-01-01 20:16:04Even as Facebook, Google and others confronted challenges in 2018, their ambitions were undimmed. After all, so much of life remains undisrupted.

‘I Have Seen Many Crises’: Steel Magnate Stands 2018-12-31 18:11:15Despite being hurt by inflation, a falling currency and import tariffs imposed by the Trump administration, Fuat Tosyali, a Turkish industrialist, pla

China’s State Media Finds Good News in Underwear 2018-12-28 13:56:49An unorthodox economic indicator points to an improving outlook in China’s rust belt. Economists are skeptical, but there are precedents for thi