Economy

Autonomous cars loom, but the Detroit auto show goes on

Jan 17, 2018

Autonomous cars loom, but the North American International Auto Show in Detroit goes on, with the introduction of new small cars, SUVs and the all-mighty pickup truck, which dominated the show

How major US stock indexes fared on Tuesday

Jan 16, 2018

U.S. stocks closed lower Tuesday, erasing an early gain that briefly sent the Dow Jones industrial average past 26,000 points for the first time

Markets Right Now: Dow Jones industrials recede from 26,000

Jan 16, 2018

Losses by industrial and technology companies pulled U.S. stocks mostly lower, erasing an early gain that sent the Dow Jones industrial average past 26,000 points for the first time.

Tax law brings big paper losses, long-term gains to US banks

Jan 16, 2018

Big U.S. banks post billions in paper losses because of accounting charges related to the new tax law, but they say the changes will benefit them as well as the broader economy over the long term.

New small cars unveiled at auto show but will anyone buy?

Jan 16, 2018

Small cars like the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte are vying for attention at Detroit's North American International Auto Show but they must compete with more popular SUVs

Trump ends 1st year with lowest average approval rating

Jan 16, 2018

This is a record not to be coveted: Donald Trump is wrapping up a year in office with the lowest average approval rating of any elected president in his first year.

New Czech minority government fails to win confidence vote

Jan 16, 2018

The new Czech minority government led by populist billionaire Andrej Babis has failed to win a mandatory confidence vote in the lower house of Parliament and has to resign

Trump talks North Korea, trade with Chinese President Xi

Jan 16, 2018

The White House says President Donald Trump and Chinese President Xi Jinping are hopeful that talks between North Korea and South Korea "might prompt a change in North Korea's destructive behavior."

Davos organizers: Trump to make last-day address at forum

Jan 16, 2018

World Economic Forum organizers say U.S. President Donald Trump will deliver a closing address at the Davos conference next week, which will focus on "finding ways to reaffirm international cooperation on crucial shared interests."

Russian government considers boost to social spending

Jan 16, 2018

President Vladimir Putin's economic adviser says the government is considering a possible boost in social spending

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.

Contact us: sales@thebudgetreport.com