Finance

Fiat Chrysler is recalling over 208,000 minivans in North America because they could lose power-assisted steering or engines can stall. The recall covers certain Chrysler Pacifica minivans from the 2017 through 2019 model years. All have systems that stop the engine for traffic lights and restart it when a driver presses the gas pedal. The […]

A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China, the world’s two largest economies, are posing a serious threat to global economic growth and whenever that growth sputters,

The latest on developments in financial markets (all times local): 4:00 p.m. Stocks ended the day lower on Wall Street Friday and notched their second-straight weekly loss as investors were whipsawed by contradictory reports on the Trump administration’s array of trade fights. Technology and industrial companies dropped the most. The S&P hasn’t fallen for two

Want this column in your inbox? Sign up here. Hello! I’m filling in this week for Charlotte, who’s off tallying her losses from the recent stock market dive. Here’s what you need to know in business news. MAY 12-18 What’s Up? Now You See Me Now you definitely don’t. At least, not if you’re an

Stocks fell broadly on Wall Street Friday as investor jitters over the heated trade war between the world’s two biggest economies overshadowed encouraging developments in conflicts between the U.S. and other key trading partners. The sell-off gained strength in the last hour of trading, handing the benchmark S&P 500 index its second straight weekly loss.

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

The amount of federal loans that undergraduate students can borrow is capped each year, depending on the student’s year of college. The maximum is generally $5,500 for freshmen, $6,500 for sophomores and $7,500 for both juniors and seniors. The amount borrowed over all is limited to $31,000. Students who need to borrow more may have

Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America’s allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe. By removing the metals tariffs on Canada and Mexico, Trump

The hottest pitch in real estate is the opportunity zone, one of 8,700 geographic areas in the United States in need of economic investment. Opportunity zones encompass three enticements that make real estate attractive to professional investors: the promise of change in underserved areas, the chance of an outsize investment return and the opportunity for

That is below the rate at which a generation can replace itself, a deficit that has occurred every year for the last 10 years and has become almost expected in the United States since 1971. The report calculated the replacement level as 2,100 births per 1,000 women. The long-term decline in both the birth and