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Economy

ABC News: Money

The Latest: Soccer match may be moved amid New! 2019-10-16 09:03:12The Spanish soccer league wants Barcelona's game against Real Madrid to be moved out of the Catalan capital to avoid coinciding with a planned separa

US retail sales dip 0.3% in September New! 2019-10-16 08:57:55US retail sales fall 0.3% in September, biggest decline in 7 months

Italy's government to avoid widely criticized sales tax New! 2019-10-16 08:53:09Italy's new government has reached agreement on a set of budget measures to avoid a hike in value-added tax that many feared would hurt the economy b

Brexit ignites fears of renewed violence in Northern New! 2019-10-16 08:48:37The peace process ushered in by the Good Friday accord is jeopardy, under pressure as never before as negotiators try to sort out the impasse over Bre

Drug distributor shares jump after settlement report New! 2019-10-16 08:37:55Shares of big drug distributors soared in early trading Wednesday after The Wall Street Journal reported that they were in talks to settle litigation

Catalans march on Barcelona after 2 nights of New! 2019-10-16 08:33:16Thousands of people have joined five large protest marches across Catalonia that are set to converge on Barcelona, as the restive region reels from tw

Dutch farmers protest efforts to cut emissions, reduce New! 2019-10-16 08:16:34Dutch farmers are driving their tractors in slow-moving convoys across the country - to protest their treatment by the government as it seeks to rein

Bank of America hit by $2B charge, still New! 2019-10-16 07:59:40Bank of America 3Q profits fall 19%, largely due to one-time charge, still beating analysts' forecasts

Global shares mixed as investors await more earnings 2019-10-16 07:52:25Global shares mixed as investors await more earnings reports from U.S. companies

EU orders chipmaker Broadcom to change business practices 2019-10-16 07:48:41European regulators have ordered chipmaker Broadcom to change the way it does business with key customers because it hurts competition

Eurozone inflation revised down to near 3-year lows 2019-10-16 06:48:28Inflation in the 19-country eurozone has fallen to its lowest rate since November 2016

Jury selection set to begin in landmark federal 2019-10-16 06:07:27Jury selection is scheduled to begin in the first federal trial over the opioids epidemic

Reuters: Business News

Oil prices fall on signs of large U.S. New! 2019-10-16 23:38:02Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited b

Barneys enters deal to sell assets to Authentic New! 2019-10-16 23:34:22U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and inve

South Korean court upholds 45-day ban on Asiana's New! 2019-10-16 23:27:11South Korea's Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines' Incheon-San Francisco route for 45 days, adding to

Citigroup names Peter Babej as Asia Pacific chief New! 2019-10-16 23:22:12Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific chief executive officer, a

Asian shares pause after five-day rally, Brexit in New! 2019-10-16 22:55:08Asian stocks barely moved on Thursday as soft U.S. retail sales data raised fears about the health of the world's largest economy, sucking the steam

Drug firms offer to settle U.S. opioid suits New! 2019-10-16 22:53:25Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging

Exclusive: WeWork owner creates committee to decide on New! 2019-10-16 22:29:46WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest sharehol

U.S., Chinese teams working on Phase 1 trade New! 2019-10-16 22:23:10U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign next month, U.S. Treasury Secret

Boston pension votes to fire money manager Fisher, New! 2019-10-16 22:03:56The City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost a

Fiat Chrysler faces $79 million U.S. penalty for New! 2019-10-16 21:40:32Fiat Chrysler Automobiles NV on Wednesday said it faces a $79 million U.S. civil penalty for failing to meet 2017 fuel economy requirements, as regula

SEC freezes assets of 18 traders over alleged New! 2019-10-16 21:40:01U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China-based, over an international market man

Ride-hailing companies Uber, Lyft won't testify before Congress New! 2019-10-16 21:38:28Uber Technologies Inc and Lyft Inc declined to appear on Wednesday at a U.S. House of Representatives hearing on issues relating to the ride-hailing i

L.A. Times - Business

Netflix returns to subscriber growth in 'make or New! 2019-10-16 16:38:51The results were an improvement over the previous quarter and allayed investor concerns that Netflix was facing a slowdown as rivals enter the market.

Volvo shows an electric SUV and plans to New! 2019-10-16 16:21:53The Chinese-owned carmaker from Sweden wants to add "sustainability" to its reputation for safety

Ex-Uber exec Jeff Holden asks $8.6 million for New! 2019-10-16 16:16:53After leaving Uber last year, Jeff Holden has put his Bay Area home of five years up for sale at $8.6 million.

Surprise settlement reached in big Sutter Health case New! 2019-10-16 15:07:28Sutter Health stood accused of violating California's antitrust laws by using its market power to illegally drive up prices.

No health insurance? California will help, but you'll New! 2019-10-16 14:39:50California will offer aid to middle-class people who make too much to get Obamacare tax credits, but uninsured Californians will owe a penalty.

New Clipper Maurice Harkless scores a modern home New! 2019-10-16 13:39:29Just in time for basketball season, new Clippers forward Maurice Harkless has paid $3.36 million for a modern home in Venice.

Where it all went wrong for Facebook's Libra New! 2019-10-16 09:00:19Facebook was blindsided when companies including EBay, PayPal and Visa stepped back from its Libra digital currency project, leaving its future hangin

Sangria blood bags: Theme parks use Halloween to New! 2019-10-16 08:00:40Theme parks are taking advantage of the #foodporn trend by selling outrageous Halloween dishes.

Meet Alki David: The self-appointed ambassador for the 2019-10-16 00:00:51The "eccentric billionaire" Hologram executive has been sued by multiple women for sexual harassment.

SpaceX seeks permission to launch 30,000 more satellites 2019-10-15 20:02:26The increased number of satellites could help SpaceX target more markets.

Los Angeles City Council moves forward with eviction, 2019-10-15 17:00:09The L.A. City Council has voted to move forward with an effort to stop landlords from quickly evicting tenants or raising rent before a new state rent

Kunal Nayyar spends big for Nic Cage's old 2019-10-15 14:34:56Kunal Nayyar of "The Big Bang Theory" fame has paid $7.5 million for the former Hancock Park home of actor Nicolas Cage.

Economy

US weekly jobless claims unexpectedly fall 2019-10-10 08:31:00The number of Americans filing applications for unemployment benefits unexpectedly fell last week.

US consumer prices were unchanged in September, the 2019-10-10 08:30:00U.S. consumer prices were unchanged in September and underlying inflation retreated.

Market may be expecting more rate cuts than 2019-10-09 14:00:00The Fed's meeting minutes also showed that the trade war dragging down the economy was an overriding concern.

Former Trump campaign advisor Stephen Moore: 'We knew 2019-10-09 12:55:00Former Trump campaign advisor Stephen Moore says President Donald Trump knew he couldn't achieve the 5% growth he promised while campaining.

Weekly mortgage refinances jump 10% as rates drop 2019-10-09 07:02:00An unexpected decline in mortgage interest rates had homeowners calling their lenders last week, looking to save money on their monthly payments.

Powell says the Fed will start expanding its 2019-10-08 14:30:00On monetary policy more broadly, Powell stuck to his recent script, saying the Fed stands committed to supporting the recovery.

The father of the yield curve indicator says 2019-10-08 10:43:00Campbell Harvey has led work in research on inverted curves, which have presaged seven straight recessions.

US producer prices post the biggest decline in 2019-10-08 08:30:00U.S. producer prices unexpectedly fell in September, weighed down by decreases in the costs of goods and services.

There's a theory that stingy millennials are to 2019-10-06 12:47:00Following the financial crisis, millennials are saving more than the Baby Boomers did before them, and this slowdown in spending is hurting the econom

Here's where the jobs are — in one 2019-10-04 09:12:00CNBC studied the net change in employment by industry for September based on data from the Labor Department.

Trade gap widens more than expected to $54.9 2019-10-04 08:32:00The U.S. trade deficit widened more than expected thanks in part to a record level of imports of consumer goods. More tariffs loom.

September unemployment rate falls to 3.5%, a 50-year 2019-10-04 08:30:00The jobless rate dropped 0.2 percentage points to 3.5%, matching a level it last saw in December 1969.