In the coming days, Puerto Rico is set to ask for several billion dollars in federal relief after two major hurricanes as officials acknowledge that the months-long recovery may compel more residents to abandon an already economically distressed island.
The wind and rain from hurricanes Irma and Maria are compounding...
Federal Reserve Chairman Janet Yellen speaks during a news conference after a two-day Federal Open Markets Committee (FOMC) policy meeting, in Washington, U.S., September
NEW YORK/WASHINGTON - From her early days as Federal Reserve chair, Janet Yellen has been the target of criticism from Republicans worried that the central bank’s...
WASHINGTON - Wall Street’s top regulator came under fire on Thursday over its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.
The breach involved the U.S. Securities and Exchange Commission’s EDGAR filing system,...
Wisconsin has approved a package of subsidies worth up to $3bn to Taiwanese manufacturing giant Foxconn in exchange for a new US factory.
Republican Governor Scott Walker signed the controversial deal into law on Monday.
He told reporters that work on the plant, which is to make LCD panels, should start...
Less than two weeks after Hurricane Irma left a path of destruction in the Caribbean, Tropical Storm Maria strengthened into a hurricane Sunday on its way toward the Leeward Islands.
The storm became a Category 1 hurricane in the Atlantic Ocean on Sunday afternoon. It was 140 miles east-northeast of...
U.S. stocks are expected to extend gains Wednesday amid a global equity market rebound that follows the easing of political and military tensions in the Asia region and improving economic sentiment indicators in Europe.
Early indications from U.S. equity futures suggest a 40-point, or 0.17%, gain for the Dow Jones...
Crude oil prices are taking a serious hit from Hurricane Harvey, slammed on multiple fronts at a time when benchmark prices were already showing some signs of strain.
As has already been widely noted, Hurricane Harvey has knocked out major refineries along the Gulf Coast. Goldman Sachs said in a research...
(Reuters) - U.S. stocks opened little changed on Wednesday after President Donald Trump's latest tweet on North Korea reignited concerns over escalating tensions between Washington and Pyongyang, while data showed a stronger economy.
The Dow Jones Industrial Average (.DJI) fell 0.88 points, or -0 percent, to 21,864.49. The S&P 500...
Projections of skyrocketing demand for the metal have sent prices soaring by thousands a tonne, raising fears that lithium is a ‘gigantic bubble’
Lithium, the lightest metal on earth, has become such a heavyweight in commodities markets that it is increasingly being mentioned in the same sentence as rare earths...
President Donald Trump's claim that he's created a million jobs finally came true — months after he first made it.
"We've added ... more than a million private sector jobs," Trump said on June 1, when the Labor Department's tally was about 600,000. On Monday White House press secretary Sarah...
