Finance

WASHINGTON, March 10 (Reuters) ― President Donald Trump on Monday will ask the U.S. Congress for an additional $8.6 billion to help pay for the wall he promised to build on the southern border with Mexico to combat illegal immigration and drug trafficking, officials familiar with his 2020 budget request told Reuters. The demand is […]

The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening lower Friday after weak earnings reports offset a report showing solid growth in the U.S. economy. The economy grew at a solid 3.2%, the Commerce Department said, compared with 2.2% in the fourth quarter. Some earnings news disappointed investors. Intel

March 13 (Reuters) – U.S. President Donald Trump’s former presidential campaign chairman Paul Manafort has been indicted on 16 new charges in New York including residential mortgage fraud, state prosecutors said on Wednesday. Less than an hour after Manafort was sentenced on federal conspiracy charges in Washington, Manhattan District Attorney Cyrus Vance announced that the

T-Mobile was the first to install the new standard — known by the acronym Stir/Shaken, a tortured reference to James Bond and martini preparation — in January, although it’s currently compatible only with certain devices. AT&T and Comcast have worked together to verify calls across their networks, and Verizon said it expected to finish rolling

WASHINGTON — The United States and the European Union are preparing to impose tit-for-tat tariffs on each other’s products, the latest escalation in a 14-year fight over government aid given to Boeing and European rival Airbus. “The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which

Deutsche Bank says it saw its profit improve by 67 percent in the first quarter, though revenue dropped 9 percent as proceeds from trading declined sharply. Germany’s biggest bank reported details of its January-March earnings on Friday, a day after it abandoned talks on a possible merger with German peer Commerzbank. The company said net

ADDIS ABABA, March 17 (Reuters) ― Analysis of the data from the black boxes of an Ethiopian Airlines plane that crashed killing all 157 people on board showed “clear similarities” with October’s Lion Air crash, a spokesman for the Ethiopian Transport Ministry said. Both planes were Boeing 737 MAX 8s, and both crashed minutes after

My mother-in-law recently regaled me with a tale of intrigue, money and power in her South Florida homeowners association. Seeking to raise about $6 million to refurbish the 20-year-old community, the association’s board had voted to assess each homeowner $7,000. But a group of vocal residents fought back, setting up a power struggle. This conflict

Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together. Talk about your plenty and talk about your ills, One man gathers what another man spills — “St. Stephen,” The Grateful Dead Around two years ago, a reporter who had just joined The Times, Sheera

Two-day delivery is going out of style. Interested in Amazon? Add Amazon as an interest to stay up to date on the latest Amazon news, video, and analysis from ABC News. Amazon, which hooked shoppers on getting just about anything delivered in two days, announced Thursday that it will soon promise one-day delivery for its