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ABC News: Money

Duke Energy plans to invest more in renewable 2019-09-17 15:58:26Duke Energy plans to invest heavily in renewable energy and natural gas powered plants to further reduce its carbon emissions by 2030

Progress reported in contract talks between GM, union 2019-09-17 15:39:58Contract talks between the United Auto Workers and General Motors showed some signs of progress as a strike by more than 49,000 employees extended int

Fed takes action to control short-term interest rates 2019-09-17 14:28:11Fed takes action to control short-term interest rates

US stocks stall as oil slides, investors get 2019-09-17 14:15:56U.S. stocks stalled in morning trading as energy companies fell along with a decline in oil prices

WeWork delays its IPO amid tepid investor interest 2019-09-17 14:02:27Public debut for WeWork is put on hold as the company attempts to generate investor enthusiasm

Markets Right Now: Energy stocks drop as oil 2019-09-17 11:50:11Stocks are treading water at midday Tuesday as energy companies drop while less-riskier sectors of the market rise.

Kraft Heinz shares fall after key investor dumps 2019-09-17 11:05:41Kraft Heinz shares fall after key investor dumps 25 million shares

Oil prices drop ahead of update on Saudi 2019-09-17 10:26:57Oil prices are falling, a day after their biggest jump in years, as investors wait for word on when Saudi Arabia might return to full production follo

US factory production rose at healthy pace in 2019-09-17 09:50:57US factory output rose at a healthy clip in August after a weak showing earlier in year

US factory output rose at a healthy clip 2019-09-17 09:18:09US factory output rose at a healthy clip in August after a weak showing earlier in year

Stocks mixed, oil down as markets await news 2019-09-17 08:10:15World shares are mixed and oil prices have fallen slightly pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an at

World's top brewer revives listing plans, halves IPO 2019-09-17 08:04:24World's top brewer revives plans to list its Asian business in Hong Kong but halves its IPO size to $4.8 billion

Reuters: Business News

U.S., Chinese trade deputies face off in Washington New! 2019-09-19 09:43:14U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in nearly two months on Thursday, as the world's t

U.S. labor market remains strong, manufacturing still weak New! 2019-09-19 09:38:18The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that s

Huawei takes on Apple's new iPhone 11 with New! 2019-09-19 09:37:47Huawei [HWT.UL] launched its Mate 30 smartphone range on Thursday in a challenge to Apple's new iPhone 11, saying the Chinese firm's new devices we

Microsoft, energy stocks lift Wall Street at open New! 2019-09-19 09:36:22U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played d

Military strike against Iran would result in "all-out New! 2019-09-19 09:34:59Any U.S. or Saudi military strike against Iran would bring "all-out war", Tehran said on Thursday, keeping up a drumbeat of warnings to its adversar

Real crunch from Saudi Arabia's oil outage has New! 2019-09-19 09:34:59Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill

France, Germany at odds over pace of response New! 2019-09-19 09:30:43France and Germany are agreed on a strategy to respond to a global economic slowdown at a time of international trade problems but differ over how fas

Deutsche Post hikes parcel prices for more businesses New! 2019-09-19 09:28:54Deutsche Post DHL will hike parcel prices next year for business customers with individually agreed conditions due to rises in transport and labor c

Deutsche Bank appoints executive body to steer domestic New! 2019-09-19 09:12:05Deutsche Bank has appointed a new executive committee to help to oversee its German retail business as part of the lender's broader overhaul.

Ryanair's O'Leary wins bonus approval as pilots face New! 2019-09-19 09:10:32Ryanair's Chief Executive Michael O'Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 millio

Shares inch higher after Fed cut; BOJ, SNB, New! 2019-09-19 08:35:49World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve's second interest rate cut of the year and promise

France and Germany to cooperate on 'sovereign data New! 2019-09-19 08:30:47Germany and France intend to pool efforts to create a "sovereign data infrastructure" for Europe so that the continent's data can be stored and pro

L.A. Times - Business

Hoodies, watches and other camouflaged vaping devices confound New! 2019-09-19 09:00:59Camouflaged vaping devices have teachers and parents struggling to monitor the usage of a product that has surged in popularity among high school-aged

Column: In landmark session, the California Legislature shows New! 2019-09-19 09:00:50With bills to protect employment rights, student athlete pay, abortion services and renters, the 2019 California Legislature turned in a very progress

What $2 million buys right now in three New! 2019-09-19 08:30:36Take a look at what roughly $2 million buys right now in the beach towns of Venice, Malibu and Manhattan Beach.

Did Universal's Jurassic World ride scare you? Thank New! 2019-09-19 08:30:24At Universal Studios Hollywood, Jon Corfino gets to spend his days creating new attractions, including Jurassic World — The Ride. At lunch, he l

Column: Fake news, says Trump's consumer agency of New! 2019-09-19 08:00:11In making "enhancements" to its database, the CFPB now says consumers should be aware that many complaints "should be regarded as opinion, not fact

Kim Gordon's Laurel Canyon project | Hot Property 2019-09-18 20:44:53The reimagined Midcentury Modern-style home sits on a quarter-acre lot in the Hollywood Hills.

AT&T under pressure to sell DirecTV amid heavy 2019-09-18 19:57:10AT&T bought DirecTV in 2015, right before subscribers began fleeing in droves.

Newsom signs bill rewriting California employment law, limiting 2019-09-18 18:55:06Newsom's signature on Assembly Bill 5 could mean more California workers would be considered employees eligible for workplace benefits.

Designer Kim Gordon rolls out her latest creation 2019-09-18 18:23:29Artist-designer Kim Gordon, known for her breezy bohemian projects in Venice, has listed a freshly renovated home in the Hollywood Hills for sale at $

Fed cuts interest rates again by a quarter 2019-09-18 17:45:51Amid slowing growth and pressure from Trump, Federal Reserve makes its second straight rate cut.

Actor Clive Standen takes hold of Lucy Hale's 2019-09-18 17:24:23British actor Clive Standen has bought the Studio City home of "Pretty Little Liars" actress Lucy Hale for $2.45 million.

Tyrone Power's onetime home hits the market in 2019-09-18 15:51:09The onetime home of Golden Age film star Tyrone Power has come on the market in Brentwood for $11.995 million.

Economy

US weekly jobless claims rise less than expected New! 2019-09-19 08:30:00The data pointed to strong labor market conditions that should continue to support a moderately growing economy.

Powell: Low rates abroad a sign of weak 2019-09-18 15:29:00Federal Reserve chairman Jerome Powell holds a press conference after the Fed's decision to cut rates by 25 basis points.

Powell doesn't see the Fed ever using negative 2019-09-18 15:05:00Federal Reserve Chairman Jerome Powell said he does not see the Fed using negative interest rates in the future.

Powell says it's possible the Fed will have 2019-09-18 14:50:00Powell said on Wednesday that the Fed may have to resume regular balance sheet growth to help ease money markets.

Powell says a 'sequence' of rate cuts could 2019-09-18 14:41:00Jerome Powell pledged that the central bank would engage in a "sequence" of interest rate cuts if conditions warrant, but he doesn't see that as ne

Trump says Powell and the Fed 'Fail Again' 2019-09-18 14:26:00The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower

Fed gets more divided, as three members vote 2019-09-18 14:18:00The Fed has become increasingly divided, with three officials voting against the Fed's quarter-point cut to the fed funds target rate range.

Fed forecasts no further rate cuts in 2019 2019-09-18 14:06:00The Federal Reserve cut rates Wednesday by 25 basis points to a range of 1.75% to 2.00%.

Fed cuts rate on bank reserves amid repo 2019-09-18 14:02:00The interest on excess reserves now stands at 1.8%, a 30 basis point cut compared with the 25 basis point reduction for the benchmark funds rate.

Here's what changed in the new Fed statement 2019-09-18 14:01:00This is a comparison of Wednesday's FOMC statement with the one issued on July 31 after the Fed's previous policymaking meeting.

Fed approves quarter-point rate cut but is divided 2019-09-18 14:00:00Investors largely expected the FOMC to cut rates by a quarter point.

Fed loses control of its own interest rate 2019-09-18 11:17:00As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.

NYT > Economy

A Rerun From the 1970s? This Economic Episode New! 2019-09-19 00:24:40Labor strife, pressure on the Fed, a sharp rise in oil prices, but without stagflation and other key elements.

Fed Cuts Interest Rates by Another Quarter Point 2019-09-18 20:06:32The Federal Reserve cut rates for the second time since July as risks to the economic outlook mounted. Its policy continued to anger President Trump.

A Preview of the Fed Meeting 2019-09-18 18:34:02There will be a lot of moving parts, but policymakers are unlikely to do enough to satisfy President Trump.

Trump and California See Same Homeless Problem, but 2019-09-18 17:38:14President Trump’s awful descriptions of California’s housing woes can’t be worse than those of the state’s most liberal politi

Trump Urges ‘Big’ Rate Cut as Fed Faces 2019-09-18 11:17:57From short-term political and trade war concerns to a long-term lack of “firefighting capability” if the economy dives, things are not poi

U.S. Outlines Plans to Scrutinize Chinese and Other 2019-09-18 00:34:46International deals involving technology and real estate could be blocked under proposed new rules that would add teeth to a law passed last year.

Fed Jumps Into Market to Push Down Rates, 2019-09-18 00:31:53The move underscores the limitations of the Fed’s new approach to setting interest rates.

How an Oil Price Surge Could Hurt the 2019-09-17 16:27:54The spike in oil prices after the drone attacks in Saudi Arabia won’t start a recession. But a sustained surge in energy prices might have a big

To G.M. Workers, U.A.W. Strike Is Chance for 2019-09-17 14:41:28Union members are pushing for what they see as a fair share of the company’s hefty returns, a decade after its bankruptcy, as negotiations conti

Oil Prices Spike After Attack on Saudi Facilities 2019-09-17 12:27:44Experts say a severe shock to energy markets and the world economy is unlikely. They expect oil and gas prices to rise modestly, if the damage is quic

After Saudi Attack, Oil Market Is on Edge: 2019-09-17 12:27:11Supply disruptions and the risk of future attacks is likely to prop up energy prices, benefiting the oil industry and hurting consumers.

What the G.M. Strike Looks Like 2019-09-17 00:28:44The assembly plant in Flint, Mich., has produced millions of vehicles and supported generations of workers. Now a strike has rendered it idle.

Home Page

India expects to gain control over Pak occupied 2019-09-17 13:08:01No need to "worry" beyond a point about what people will say on Kashmir, says External Affairs Minister S Jaishankar.

'Existential issue': India Inc seeks clarity on PM 2019-09-17 13:02:59CII seek exemptions, but environmentalists say govt's move will help battle plastics pollution.

Oil prices drop as Saudi Arabia says will 2019-09-17 12:31:42Attacks on crude-processing facilities at Abqaiq and Khurais resulted in the largest single supply disruption in half a century.

Sensex falls 642 pts, Nifty ends at 10,818 2019-09-17 12:10:23Sensex down 642 points; rupee weakens against dollar; 10-yr bond yield inches up

Cap surge pricing by Uber, Ola at 25 2019-09-17 11:48:52The SJM also demanded that in case of ride cancellation by a taxi-app company or the driver, Rs 100 or an amount equivalent to 20 per cent of the fare

India looking to raise oil imports from Russia 2019-09-17 11:02:01Saudi Arabia is the world's biggest oil exporter, and the second-largest supplier of crude to India after Iraq

Coffee Day inks deal with Blackstone to sell 2019-09-17 10:15:11The company board had recently approved the sale of prime real estate property GV Tech Park as part of efforts to raise funds for paring the debt

Jio continues to lead 4G mobile broadband chart 2019-09-17 09:02:44Airtel followed Jio with an average download speed of 8.2 mbps, and was followed by Vodafone and Idea Cellular in August

Climate change effects to be worse than previous 2019-09-17 08:28:03Across Europe, heat waves will become longer and more intense, while the Arctic will be entirely ice-free during summer in the last two decades of thi

Govt considering another 'booster dose' to revive economy: 2019-09-17 08:01:22Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indica

Hospitals cheating Ayushman Bharat scheme will be named 2019-09-17 07:45:14The government has found nearly 1,200 cases of fraud and taken action against 338 hospitals, says Harsh Vardhan.

Auto shares skid in trade; Hero MotoCorp, Escorts, 2019-09-17 06:42:55At close, the Nifty Auto index stood at 7,020.75 levels, down 3.83 per cent, as compared to 1.69 per cent decline in Nifty 50 index.


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