•      Fri Nov 22 2024
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Fed to buy unlimited government debt, lend to businesses

WASHINGTON (AP) — In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government debt as it deems necessary and will also begin lending to small and large businesses and local governments to help them weather the crisis. The

Dow drops more than 900 points, ending worst week since…

Wall Street ended the week the same way it began: in full retreat from the coronavirus. Stocks fell sharply and

Trump boasts of economic gains on eve of impeachment verdict

WASHINGTON (AP) — Addressing the nation in extraordinary times, President Donald Trump declared America “stronger than ever before” Tuesday night

Extradition hearing for Huawei executive begins in Canada

VANCOUVER, British Columbia (AP) — The first stage of an extradition hearing for a senior executive of Chinese telecom giant

Oil price keeps rising, industry frets over Iran-US conflict

PROVIDENCE, Rhode Island (AP) — The global benchmark for crude oil rose above $70 a barrel on Monday for the

Fiat Chrysler and Peugeot sign deal for 50-50 merger

MILAN, Dec 18, 2019 (AP) — The boards of Fiat Chrysler Automobiles and PSA Peugeot on Wednesday signed a binding

China says trade deal with US must be ‘mutually beneficial’

BEIJING (AP) — Expectations for a U.S.-Chinese trade truce rose Friday, though Beijing accused Washington of unfairly attacking its economy

Merry Clickmas: Black Friday online sales hit record $7.4B

NEW YORK (AP) — This year’s Black Friday was the biggest ever for online sales, as fewer people hit the

Huawei giving employees bonus for coping with US sanctions

BEIJING (AP) — Huawei is paying its employees bonuses totaling more than $285 million as thanks for helping the Chinese

China’s trade with US shrinks in October despite optimism

BEIJING (AP) — U.S.-Chinese trade contracted again in October, despite optimism about possible progress in talks aimed at ending a