Finance

The Supreme Court appears likely to rule that insurance companies can collect $12 billion from the federal government to cover their losses in the early years of the health care law championed by President Barack Obama By MARK SHERMAN Associated Press December 10, 2019, 5:19 PM 2 min read The Supreme Court appeared likely Tuesday […]

House Speaker Nancy Pelosi has announced agreement on a modified North American trade pact, handing President Donald Trump a major Capitol Hill win By ANDREW TAYLOR Associated Press December 10, 2019, 3:14 PM 5 min read House Speaker Nancy Pelosi on Tuesday announced agreement on a modified North American trade pact, handing President Donald Trump

If Labour Party leader Jeremy Corbyn wins Britain’s general election on Thursday, he’s promising a remix of British society, with a strong emphasis on raising the lot of Britain’s disenfranchised and forcing tax-dodging corporations and wealthy individual to pick up part of the tab. Corbyn’s key theme is that decades of unbridled free market capitalism

China’s auto sales sank 5.4% in November from a year earlier, putting the industry’s biggest global market on track to shrink for a second year December 10, 2019, 9:43 AM 2 min read China’s auto sales sank 5.4% in November from a year ago, putting the industry’s biggest global market on track to shrink for

International climate talks in Madrid are kicking into high gear, with ministers arriving Tuesday to tackle some of the tough issues that negotiators have been unable to resolve over the past week By FRANK JORDANS Associated Press December 10, 2019, 9:14 AM 3 min read U.N. climate talks in Madrid are kicking into high gear

Now-collapsed Daewoo Group founder Kim Woo-choong has died at 83 By HYUNG-JIN KIM Associated Press December 10, 2019, 5:38 AM 2 min read Kim Woo-choong, founder of the now-collapsed Daewoo business group whose rise and fall symbolized South Korea’s much turbulent rapid economic growth in the 1970s, has died. He was 83. Kim died of

Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92. Volcker took charge of the Fed in August 1979, when the U.S. economy was in the grip of

Officials from Egypt, Ethiopia and Sudan say they have agreed to hold two technical meetings in coming weeks in an effort to resolve a number of issues revolving around a $5 billion dam project on the Nile River By MARTIN CRUTSINGER AP Economics Writer December 10, 2019, 1:36 AM 2 min read Officials from Egypt,

Pacific Gas and Electric will be able to avoid two legal obstacles that could have tripped up its efforts to bounce back from bankruptcy By MICHAEL LIEDTKE Business Writer December 10, 2019, 12:58 AM 5 min read Pacific Gas and Electric will be able to avoid two legal obstacles that could have tripped up its

Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle.’’ The United States, under a president who favors a go-it-alone approach to economics and diplomacy, appears to prefer it that way.