Finance

They’re simple, cheap and now the most popular way for many people to invest in the U.S. stock market: index funds. Last month, for the first time, the number of dollars invested in funds tracking the S&P 500 and other U.S. stock indexes eclipsed those in funds run by managers trying to beat those indexes, […]

At the Fed, other ideas up for discussion include aiming for 2 percent inflation on average over a period of time or targeting a price level, rather than a rate of change. Either plan would probably leave interest rates lower for longer after recessions as officials tried to make up for inflation shortfalls. Some central

The Latest on the United Auto Workers strike against General Motors (all times local): 5:30 p.m. Contract talks aimed at ending a strike by 49,000 auto workers against General Motors have extended into late Monday afternoon. United Auto Workers spokesman Brian Rothenberg says he hasn’t received any report about whether negotiators are making progress. Earlier

HOUSTON — Fixing the damage done by the drone attack on the Saudi oil processing plant may be the easy part. The hard part will be calming energy markets, where oil prices have jumped faster than at any time in over a decade. The attack on Saudi Arabia’s Abqaiq plant, which accounts for 5 percent

For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump’s trade war with China. After that, no one — not even the Fed itself — seems sure what it will do. The

The Flint Assembly plant has been an integral part of General Motors for more than 70 years, turning out more than 13 million vehicles and providing the livelihood of generations of workers. But on Monday, the factory’s output of Chevrolet and GMC trucks came to a halt. That’s because the United Auto Workers, whose ranks

Stocks fell broadly on Wall Street in afternoon trading Monday after an attack on Saudi Arabia’s biggest oil processing facility sent crude prices soaring. The attack, which Yemeni rebels said they were behind, raised worries about the risk of more disruptions for oil at a time when the global economy’s strength is already seen as

NAIROBI, Sept 15 (Reuters) – This Sunday in South Africa, an accountant, an entrepreneur and a boxing executive are among 20 friends running the Cape Town marathon – with saplings strapped to their backs. The group are promoting the planting of native trees amid a nationwide push to replace invasive species with indigenous one to

WASHINGTON — The World Trade Organization will grant the United States permission to impose tariffs on the European Union as part of a prolonged scuffle over subsidies given to European plane maker Airbus, European officials said Monday, a move that is likely to exacerbate trade tensions across the Atlantic. The ruling, to be published in

A strike by over 49,000 United Auto workers against General Motors could have been averted had the company made its latest offer sooner, the union’s top negotiator said in a letter to the company. In the letter dated Sunday, UAW Vice President Terry Dittes told GM’s labor relations chief that the latest offer could have