Finance

General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a massive Ohio assembly plant GM shut down earlier this year By JOHN SEEWER Associated Press December 9, 2019, 8:39 PM 2 min read General Motors has agreed to loan $40 million to a […]

If a central bank views higher pay for workers as a potential cause for alarm, but is more sanguine when corporate profits rise, it’s reasonable to expect that the share of national income going to capital, versus labor, will rise over time. And that is exactly what has happened in the United States since the

U By ALEX VEIGA AP Business Writer December 9, 2019, 6:29 PM 3 min read U.S. stock indexes edged lower in afternoon trading Monday as investors waited for the latest updates about trade negotiations and the economy. Health care and technology stocks accounted for much of the selling. Those losses outweighed gains in companies that

House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump By ANDREW TAYLOR and LISA MASCARO Associated Press December 9, 2019, 4:58 PM 3 min read House Democrats have reached a tentative agreement

Business economists expect U By Paul Wiseman AP Economics Writer December 9, 2019, 2:47 PM 2 min read The nation’s business economists expect U.S. economic growth to decelerate this year and next but for the economy to avoid stumbling into recession, extending a record-breaking expansion already in its 11th year. The latest survey by 53

Paris commuters are inching to work through massive traffic jams because of national strikes that have shut down public transport By NADINE ACHOUI-LESAGE and ANGELA CHARLTON December 9, 2019, 12:47 PM 3 min read Paris commuters inched to work Monday through massive traffic jams as strikes against retirement plan changes halted trains and subways for

European Union foreign ministers are mulling their response to a Turkey-Libya maritime border deal that could give Turkey access to more Mediterranean undersea resources December 9, 2019, 10:39 AM 2 min read European Union foreign ministers debated Monday how to respond to a controversial agreement between Turkey and Libya that could give Turkey access to

German exports posted a second consecutive month-on-month increase in October, defying economists’ expectations of a slight decline December 9, 2019, 8:32 AM 1 min read German exports posted a second consecutive month-on-month increase in October, defying economists’ expectations of a slight decline. The Federal Statistical Office said Monday that exports rose 1.2% compared with the

Video-game retailer GameStop reports quarterly results Tuesday December 9, 2019, 6:10 AM 2 min read A look at some of the key business events and economic indicators upcoming this week: ROUGH GAME It’s been a rough year for GameStop. The video-game retailer slid to a loss in the second quarter versus a year earlier. That

Japan’s economy grew at an annual rate of 1 December 9, 2019, 3:08 AM 1 min read Japan’s economy grew at an annual rate of 1.8% in July-September, according to revised government data, better than the modest annual pace of 0.2% it gave as an earlier estimate. The world’s third largest economy has marked the