Economy

  • U.S housing starts surge in December; jobless claims near 43-year low
    16865 2017-01-19 17:21:57 UTC
    Washington (Reuters) - U.S. homebuilding rebounded more than expected in December as a strengthening economy boosts demand for rental housing. Other data on Thursday showed the number of Americans filing for unemployment benefits unexpectedly f...
  • The danger of Trump's economic policies
    The_danger_of_trump's_economic_policies 2017-01-18 04:07:30 UTC
    Protectionism has a certain appeal in every age and every nation, because of what we might call a piece of faulty wiring in the human brain. Our instincts were evolved on the savannahs of Pleistocene Africa. We have an ingrained tendency to ...
  • Trump and Republicans on their way to Destroy the Affordable Care Act
    U.s._house_votes_to_begin_repealing_the_affordable_care_act 2017-01-14 08:15:47 UTC
    By Richard Cowan and Susan Cornwell | WASHINGTON U.S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of re...
  • Justin Trudeau seeks to avoid potential U.S.- Canada trade war
    16825_justin_trudeau_seeks_to_avoid_potential_u.s._-_canada_trade_war 2017-01-09 21:49:47 UTC
    (Reuters) - Senior Canadian officials have met several times with advisers to U.S. President-elect Donald Trump in Washington in an effort to avert a possible trade war once he takes office this month, the Globe and Mail newspaper said on Monday. ...
  • Senate Majority Leader Mitch McConnell wants to act on Obamacare repeal by the end of the week
    47_senators 2017-01-09 01:43:19 UTC
    WASHINGTON (Reuters) - The U.S. Senate will take its first steps toward repealing President Barack Obama's signature healthcare reform act by the end of the week, Republican Senate Majority Leader Mitch McConnell said on Sunday. Speaking on CBS...
  • Repeal of Obama's Affordable Care Act, will place a heavy financial toll on millions of older Americans
    Repeal_of_obama's_affordable_care_act__will_place_a_heavy_financial_toll_on_millions_of_older_americans 2017-01-14 07:27:08 UTC
    Column: Older Americans at risk as Congress takes ax to Obamacare. CHICAGO (Reuters) - Anyone nearing retirement - or already retired - should pay very close attention to the doings of the 115th Congress that was sworn in this week. Repeal o...
  • Fast-food Restaurants CEO to head Trump's Labor Department
    Fast-food_restaurants_ceo__andy_puzder_to_head_trump's_labor_department 2016-12-08 19:24:29 UTC
    WASHINGTON (Reuters) - President-elect Donald Trump will name fast-food executive Andy Puzder to head the U.S. Department of Labor, according to a source familiar with the matter, in an appointment likely to antagonize organized labor. Puzder, ...
  • North Dakota: Victory for Native Americans and climate activists
    North_dakota-_victory_for_native_americans_and_climate_activists 2016-12-05 05:00:23 UTC
    CANNON BALL, N.D./WASHINGTON (Reuters) - The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have pr...
  • Asia stocks, dollar slip amid U.S. election tension
    Asia-stock 2016-11-03 04:50:54 UTC
    Asia shares joined the U.S. dollar on the defensive on Thursday as the nail-biting U.S. presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbors. Tensions were aggravated by media rep...
  • Asia stocks shaky as FBI review of Clinton emails rattles markets
    Stock 2016-10-31 07:18:13 UTC
    SINGAPORE (Reuters) - Most Asian stocks struggled higher on Monday but investors were rattled by news that the FBI is planning to review more emails related to Democratic presidential candidate Hillary Clinton's private server, just a week before ...
  • California: 15 percent of cars have zero emissions by 2025
    San_francisco_global_gathering 2016-08-12 21:03:52 UTC
    San Francisco (REUTERS) - A California lawmaker next week will introduce a bill requiring 15 percent of all vehicles sold in the state to be emissions-free by 2025, her spokeswoman said on Friday. Assemblywoman Autumn Burke said the legislation...
  • Trump endorses Paul Ryan, John McCain and Kelly Ayotte
    Donald_trump_endorses_paul_ryan__john_mccain_and_kelly_ayotte 2016-08-06 04:16:40 UTC
    REUTERS - Republican Donald Trump acted to steer his White House campaign back into favor with his party's establishment on Friday by endorsing U.S. House of Representatives Speaker Paul Ryan and two Republican senators seeking re-election, after ...
  • Clinton, Sanders reach healthcare compromise
    Hillary_clinton_bernie_sanders 2016-07-09 18:14:14 UTC
    Presumptive Democratic presidential nominee Hillary Clinton on Saturday announced a proposal to expand mandatory healthcare funding by $40 billion over the next 10 years, highlighting the influence that rival Democrat Bernie Sanders has had on her...
  • BREAKING NEWS: U.S. economy adds a greater-than-expected 287,000 jobs in June
    Job 2016-07-08 12:44:50 UTC
    BREAKING NEWS: U.S. economy adds a greater-than-expected 287,000 jobs in June; Dow Jones futures up nearly 100 points
  • "No evidence for involving ISIS in Bangladesh attacks"
    No_evidence_for_involving_isis_in_bangladesh_attacks 2016-07-03 18:19:03 UTC
    Seven militants who killed 20 people at a Dhaka restaurant were Bangladeshis and authorities had earlier tried to arrest five of them, said officials who denied claims by Islamic State of responsibility for the attack. The gunmen stormed the up...
  • Apple To boycott the GOP Convention Because of Donald Trump
    Apple_ceo_tim_cook_apparently_does_not_want_his_company_to_be_associated_with_donald_trump 2016-06-19 06:43:47 UTC
    Apple To boycott the GOP Convention Because of Donald Trump. That seems to be the message underlying a story from Politico, which cites unnamed sources in reporting that the Cupertino, California-based maker of the iPhone and other iconic tech gad...
  • NASA's Mars Exploration Rover Opportunity finishes work at Marathon Valley on Mars
    Mars_'marathon_valley'_overlook 2016-06-19 03:22:31 UTC
    Pasadena, CA – “Marathon Valley,” slicing through a large crater’s rim on Mars, has provided fruitful research targets for NASA’s Opportunity rover since July 2015, but the rover may soon move on. Opportunity recently collected a sweeping panoram...
  • Dollar extends losses, stocks add to gains after Fed
    Stock 2016-06-15 18:51:47 UTC
    Global stock markets briefly added to gains while the U.S. dollar extended losses on Wednesday after the Federal Reserve decided to leave interest rates unchanged. U.S. bond yields fell after the statement by the U.S. central bank, which also s...
  • Trump used 'fraud' university to pocket millions
    16540_trump_used_'fraud'_university_to_pocket_millions 2016-06-03 04:10:17 UTC
    Donald Trump “personally pocketed $5m” from his Trump University “scam”, New York’s attorney general, Eric Schneiderman, said on Thursday. “This never was a university. The fraud started with the name of the organization,” said Eric Schneiderma...
  • Obama rails against Donald Trump's Nonsense Economic Plans
    Obama_goes_after_trump 2016-06-03 01:07:48 UTC
    President Barack Obama slammed Donald Trump's proposal to weaken Wall Street reforms and touted his own economic record on Wednesday during a trip to a city he visited three weeks into his presidency that has recovered from its recession lows. ...
  • Donald Trump's new finance chair donated to Hillary Clinton
    Trump's_new_finance_chair_donated_to_hillary_clinton 2016-05-05 20:07:54 UTC
    Donald Trump named a national finance chairman for his presidential campaign, picking an investor with little experience in campaigns but a long history of political donations to both parties. Steven Mnuchin, a former partner at Goldman Sachs w...
  • San Francisco could be first U.S. city with fully paid parental leave
    San_francisco_could_be_first_u.s._city_with_fully_paid_parental_leave 2016-04-05 22:46:37 UTC
    San Francisco could become the first U.S. city to mandate fully paid parental leave, requiring employers to shoulder a substantial portion of the burden and far exceeding the benefits provided by California and other states and cities. If appro...
  • The democratic socialist Bernie Sanders holds a wide lead with primary voters in New Hampshire
    The_democratic_socialist_bernie_sanders_holds_a_wide_lead_with_primary_voters_in_new_hampshire 2016-02-05 20:07:57 UTC
    Democrat Hillary Clinton went on the attack against rival Bernie Sanders on Thursday in their most contentious presidential debate yet, questioning whether his ambitious proposals were viable and saying it was unfair to question her liberal creden...
  • House fails for 63rd time to repeal Affordable Care Act, which currently insures as many as 22 million Americans
    Paulryan 2016-02-03 05:00:04 UTC
    House Speaker Paul Ryan, shown here at the Capitol, finally achieved what his predecessors could not - a repeal of the 2010 Affordable Care Act which currently insures as many as 22 million Americans. The U.S. House of Representatives on Tuesd...
  • Worst performers in Dow Jones Industrials
    Wall_street_moved_deep_into_the_red 2016-01-20 18:37:40 UTC
    Wall Street moved deep into the red on Wednesday, with the S&P 500 hitting its lowest since February 2014 and extending this year's selloff as oil prices continued to plummet unabated. The rout was across the board: all 30 Dow components and al...