All posts tagged "Economy"

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  Top economies yield to US, drop no-protectionism pledge

  By comparison, last year's meeting called on them to resist "all forms" of protectionism

  • Posted March 18, 2017
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  IRS strikes back as agents make big dent in identity theft

  WASHINGTON, D.C. — The IRS strikes back: The tax agency reports that the number of identity theft victims plummeted last year after agents struggled for years to combat what has become a multibillion-dollar industry. The number of victims...

  • Posted March 9, 2017
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  US stock indexes move lower in afternoon trading; oil falls

    A sharp slide by Target and other big retailers weighed on U.S. stock indexes late Tuesday afternoon, steering the market on course for a lower close. Industrial stocks and phone companies were among the big decliners,...

  • Posted February 28, 2017
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  Greece’s Tsipras: the era of austerity is over

  Fitch leaves rating at CCC, expects bailout agreement to be reached

  • Posted February 24, 2017
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  Egyptians bear down under worst inflation in a decade

  CAIRO — Egyptians are bearing down under their worst inflation in a decade, cutting spending as much as possible as prices surge on basic food items, transport, housing, and even some essential medicines. Inflation reached almost 30...

  • Posted February 24, 2017
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  Mnuchin says goal is to pass tax reform by August

  WASHINGTON — Treasury Secretary Steven Mnuchin said Thursday the administration is committed to getting major tax reform legislation through Congress by August. He predicted that President Donald Trump’s economic proposals will be able to boost growth significantly...

  • Posted February 23, 2017
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  End of the euro? French candidate plots return of the franc

  PARIS — If Marine Le Pen has her way, the French will soon pay for their baguettes with francs, not euros. The presidential candidate from the anti-EU, anti-immigration National Front party is all about national sovereignty and...

  • Posted February 22, 2017
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  German optimism up in positive sign for Europe’s economy

  FRANKFURT, Germany — German business optimism rose unexpectedly in February as executives appeared to shrug off initial worries about U.S. President Donald Trump’s policies, providing another sign that Europe’s economy is gaining pace. The Ifo institute index...

  • Posted February 22, 2017
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  Take a breath: Stocks slow down after a record-setting run

  NEW YORK — Stocks around the world pulled back Thursday following a record-setting run that marked the longest winning streak in over 3 years for the S&P 500 index. U.S. stock indexes receded from their latest all-time...

  • Posted February 16, 2017
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  Greece’s plea: No more austerity under the bailout deal

  Greece has been struggling for months to conclude negotiations with its creditors on spending cuts and reforms demanded as part of its third bailout program

  • Posted February 16, 2017