Economy

US charges Malaysian financier in money laundering scheme

Nov 1, 2018

The Justice Department has charged a fugitive Malaysian financier in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to promote economic development in that country

Fed proposes easing capital rules, testing of some big banks

Oct 31, 2018

Federal Reserve looks to ease capital rules, stress testing of some big banks

Markets Right Now: Solid earnings send US stocks higher

Oct 30, 2018

Stocks are solidly higher on Wall Street at midday after several companies released encouraging earnings reports.

US consumer spirits rise to new 18-year high in October

Oct 30, 2018

Conference Board: US consumer confidence climbs in October, hits new 18-year high

Trump's team makes closing sale in new ad _ without Trump

Oct 29, 2018

President Donald Trump's re-election campaign released a national television ad Monday that portrays the nation's economy on the right track entering the midterm elections. But it makes no mention Trump _ in a sign of the Republicans' challenge.

Stocks rise modestly after early rally fades; Amazon sinks

Oct 29, 2018

US stocks change course again and turn higher following big gains in Europe

US consumer spending up inflation-adjusted 0.3 percent

Oct 29, 2018

US consumer spending rose by an inflation-adjusted 0.3 percent in September; led by health care services and autos

When risks outweigh growth; Wall Street's bell jar rises

Oct 26, 2018

Risk versus reward for high-growth stocks; a new calculous on Wall Street knocks stock darlings down a peg, maybe more

US economy grew at strong 3.5 percent rate in Q3

Oct 26, 2018

US economy grew at robust 3.5 percent rate in Q3 as strong consumer spending offset trade drag

Trump says goal of proposal is to lower some US drug prices

Oct 26, 2018

President Donald Trump announces plan to help lower prescription drug prices

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