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Economy News

RSS feedDisplaying articles 1 - 10 of most recent articles

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US economy continues to expand, optimism about 2017 growth: Fed survey The US economy continues to expand and is now seeing tight labor markets and rising price pressures, as businesses nationwide have an upbeat outlook for 2017, the Federal Reserve said Wednesday. "Firms across the country and industries were said to b
Yahoo! News | 4 hours, 48 minutes ago | comment? | recommend
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Federal Reserve sees growth pickup at end of last year WASHINGTON (AP) The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages.
Yahoo! News | 4 hours, 53 minutes ago | comment? | recommend
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CSX railroad expects modest profit growth in 2017 OMAHA, Neb. (AP) CSX railroad officials expect profits to grow this year as the economy improves modestly, coal demand stabilizes and President-elect Donald Trump pursues reforms.
Yahoo! News | 4 hours, 53 minutes ago | comment? | recommend
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Colombia peace talks with ELN rebels to begin Feb. 8: president Colombia's government will begin much-delayed formal peace talks with the country's second-biggest rebel group the ELN on Feb. 8, after the guerrillas release a politician being held hostage, President Juan Manuel Santos said on Wednesday. The N
Yahoo! News | 5 hours, 22 minutes ago | comment? | recommend
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American Airlines debuts 'Basic Economy' American Airlines has announced a new option for flyers: its Basic Economy fare is a low-cost, no-frills option that will go on sale next month in select markets.
Yahoo! News | 6 hours, 52 minutes ago | comment? | recommend
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Renault-Nissan's Ghosn intent on staying ahead in electric cars By Ben Hirschler DAVOS, Switzerland (Reuters) - Renault-Nissan has sold more than 400,000 electric cars globally and the leader in plug-in vehicles is planning further investment to maintain its market lead, the chief executive of the auto alliance said.
Yahoo! News | 7 hours, 3 minutes ago | comment? | recommend
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Toyota warns on competitiveness after Brexit: report Japanese car giant Toyota voiced concern on Wednesday about its operations in Britain after Prime Minister Theresa may presented her masterplan for Brexit including withdrawal from the EU's single market. "We have seen the direction of the prime
Yahoo! News | 7 hours, 13 minutes ago | comment? | recommend
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UBS Chairman says 1,000 London-based employees could be hit by Brexit: BBC UBS Chairman Axel Weber has said that around 1,000 of the Swiss bank's 5,000 employees based in London could be impacted by Britain's exit from the European Union. "We have roughly 5,000 people in London. Real passporting business is probab
Yahoo! News | 7 hours, 31 minutes ago | comment? | recommend
Egypt making progress with economic reform plan, IMF says CAIRO (AP) The International Monetary Fund said Wednesday that Egypt is making progress with its economic reform program, although it will still take time to improve living standards in a poor country beset with rocketing inflation.
Yahoo! News | 7 hours, 32 minutes ago | comment? | recommend
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Bank of Canada holds rates steady amid U.S. uncertainty By Andrea Hopkins and Leah Schnurr OTTAWA (Reuters) - The Bank of Canada held interest rates steady on Wednesday, as expected, even as it nudged growth forecasts higher, saying the big unknown of what policies U.S. President-elect Donald Trump will enact
Yahoo! News | 8 hours, 12 minutes ago | comment? | recommend