Economy

Portugal's Socialists focus on economy in re-election bid

Sep 22, 2019

Portugal's ruling Socialist Party is hoping an economic recovery during four years of governing will persuade voters in an upcoming election to return the party to power

Auto union strike is latest worry in Flint, GM's birthplace

Sep 20, 2019

Picketing auto workers have surrounded the massive General Motors complex for nearly a week in Flint, the automaker's birthplace

23 states sue Trump to keep California's auto emission rules

Sep 20, 2019

Twenty-three states have sued to stop the Trump administration from revoking California's authority to set emission standards for cars and trucks

Nurses staging 1-day strike at 12 hospitals in 3 states

Sep 20, 2019

Registered nurses are staging a one-day strike against Tenet Health hospitals in Florida, California and Arizona, demanding better working conditions and higher wages

Stocks edge higher; S&P 500 heads for another week of gains

Sep 20, 2019

U.S. stocks edged higher in early trading as investors pushed the market toward another week of gains

Nancy Pelosi unveils an ambitious plan to lower drug prices

Sep 19, 2019

Nancy Pelosi unveils an ambitious plan to lower drug prices for seniors on Medicare and younger people with private insurance

Mortgage rates boosted US home sales 1.3% in August

Sep 19, 2019

US home sales rose 1.3% in August to the highest level in 17 months

Japan central bank stands pat after Fed rate cut

Sep 19, 2019

Japan's central bank has opted to keep its monetary policy unchanged despite growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate

Trump bars California from setting stricter fuel standards

Sep 18, 2019

President Donald Trump has announced that his administration is revoking California's authority to set auto mileage standards stricter than those issued by federal regulators

UK envoy tips trade deal with Australia months after Brexit

Sep 18, 2019

Britain's top trade envoy says she expects to strike a free trade deal with Australia within months of leaving the European Union

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.