Economy

Trump wants to keep NKorea sanctions, won't rule out summit

Apr 12, 2019

President Donald Trump says he wants to keep sanctions in place to pressure North Korea to give up its nuclear weapons, but says he has a good relationship with Kim Jong Un and didn't rule out a third summit

Trump, South Korea's Moon look for way to curb NKorea nukes

Apr 12, 2019

President Donald Trump and South Korea's Moon Jae-in agree that nuclear talks with North Korea are important, but they're not completely aligned on whether sanctions will pressure Kim Jong Un to give up his nuclear weapons or drive him away

50-year low in jobless claims but not just from few layoffs

Apr 11, 2019

50-year low in jobless claims reflects both strong economy and stricter eligibility rules

Markets Right Now: Stocks struggled to a mixed finish

Apr 11, 2019

Stocks struggled to a mixed finish on Wall Street after an early rally sputtered.

IMF, WB ready to respond to Venezuelan humanitarian crisis

Apr 11, 2019

The International Monetary Fund and the World Bank say they are ready to respond to the humanitarian crisis in Venezuela if their participation is requested

Former top GOP on banking committee hired by Swiss bank UBS

Apr 11, 2019

Jeb Hensarling, the former congressman who led Republican's efforts to deregulate the banking industry after the financial crisis, is starting a new job as an employee of Swiss bank UBS

IMF: It would be foolish to abandon program in Argentina

Apr 11, 2019

The International Monetary Fund is urging candidates in Argentina to carry on with the IMF-supported economic program after October's presidential elections

Top IMF official warns global economy facing various threats

Apr 11, 2019

Top IMF official warns that global economy facing high uncertainty with trade tensions and other threats

US wholesale prices rise 0.6% in March, lifted by gas costs

Apr 11, 2019

US wholesale prices rose 0.6% in March, biggest gain in 5 months, led higher by gas costs

Applications for US unemployment benefits fall to lowest level in nearly 50 years

Apr 11, 2019

Applications for US unemployment benefits fall to lowest level in nearly 50 years