Topics :: economy

1 thru 10 of 70 Stories

Asian Stocks Slump, Pound Slides on Worries About UK Economy

FINANCE | By Youkyung Lee | Jul 7
Asian stock markets slumped on Wednesday while the British pound hit a new 31-year low. Investors worried about the effect of Britain's decision to leave the European Union on the U.K. real estate market following the Bank of England governor's remarks.

Rosy Economic Averages Bypass Many in U.S.

By Christopher S. Rugaber | Jun 12
There is a tale of two Americas: The one that national averages indicate has all but recovered from the Great Recession, and the one lost in the statistics.

As Hunger Mounts, Venezuelans Turn to Trash for Food

FINANCE | By Fabiola Sanchez | Jun 11
Venezuela's poverty had eased during the administration of the late President Hugo Chavez. But a study by three leading Caracas universities found that 76 percent of Venezuelans are now under the poverty line.

Already Hurting for Doctors, Louisiana Could Lose Even More

FINANCE | By Melinda Deslatte | Jun 5
Bahnsen Miller understands the challenges - and the damages - of Louisiana's budget woes firsthand. You can't ignore them if you've been in one of the state's doctor training programs, constantly at risk of calamity.

DC Council to Consider Revised Minimum Wage Bill

FINANCE | By Ben Nuckols | Jun 2
A bill to increase the minimum wage to $15 in the nation's capital has been revised to have a less dramatic impact on the city's restaurant industry.

Poll: Two-Thirds of U.S. Would Struggle to Cover $1,000 Crisis

By Ken Sweet and Emily Swanson | May 22
Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, a signal that despite years of recovery from the Great Recession, Americans' financial conditions remain precarious as ever.

Argentine Alien Festival Soars at UFO Sighting Hotspot

FINANCE | By Paul Byrne | Feb 18
Thousands of earthlings descended on Capilla del Monte for an annual international alien festival that has made the town a hotspot for UFO sightings.

Main Street Holds Up As Wall Street Struggles, for A Change

FINANCE | By Stan Choe | Feb 17
Wall Street is hurting, and Main Street doesn't care. It's got burgers and cars to buy.

What A Recession Does to Your Money

FINANCE | By Stan Choe | Feb 14
The temptation to sell everything and get out of stocks can be costly. Following every past recession, stocks have eventually gone on to recover their losses - and then climb higher.

U.S. Retail Sales Rise as Consumers Shrug Off Stock Price Drop

FINANCE | By Christopher S. Rugaber | Feb 13
U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices.

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