Economic News

  • American investors are worry-warts

    Americans are worried, and their risk-aversion isn't just a symptom of their ages or net worths.

    Yahoo Finance
  • Memo to Trump: America still wins. Here’s how

    Things are going better than the Republican upstart lets on.

    Yahoo Finance
  • Why Ted Cruz, Rand Paul — and Russian oligarchs — love the flat tax

    Adopting a single tax rate sounds a lot simpler than it would actually be.

    Yahoo Finance
  • Obamacare gets cheaper

    It's good news for every American who purchases health insurance.

    Yahoo Finance
  • The China Syndrome: It's getting rough but US firms can't quit China

    A new Chinese law "would essentially force all foreign companies, including U.S. companies, to turn over to the Chinese government mechanisms where they can snoop and keep track of all the users of those services," President Obama warns.

    Yahoo Finance
  • An economic riddle: Where are all the construction workers?

    Despite good wages and plenty of available jobs, the number of younger people going into construction work is lagging badly. Can more millennials be enticed to take up carpentry?

    Yahoo Finance
  • Rent affordability will deteriorate over next two years: Zillow CEO

    The rent is too damn high...and it's staying that way

    Yahoo Finance
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    Gerber Life InsuranceSponsored
  • A Thanksgiving Travel Companion From What’s The Point

    For this week’s What’s The Point, I’ve compiled excerpts of some of my favorite conversations so far. Is this a clip show? A rerun disguised as a “best of”? Basically, yes. But I still think these conversations are worth revisiting. They get at some of the basic What’s The Point themes: how data is…

  • Turkmenistan in race against time to become global gas player

    While the golden domes of Turkmenistan's presidential palace hint at the country's fantastic gas wealth, the reclusive Central Asian country remains a slumbering giant in the high stakes game of energy politics. An ex-Soviet republic of five million, Turkmenistan boasts more gas reserves per…

    AFP10 mins ago
  • Aussie paceman Starc may be back for NZ series in February

    Leading Australian paceman Mitchell Starc needs rest rather than surgery for his injured foot and may return for the February series in New Zealand, team bowling coach Craig McDermott said Sunday. Starc limped from the field on Friday's opening day of the day-night Test against the Black Caps in…

    AFP31 mins ago
  • Jack Ma's South China Morning Post takeover a double-edged sword

    Chinese Internet tycoon Jack Ma's mooted buyout of Hong Kong's struggling South China Morning Post could see the paper prosper from his Midas touch, analysts say, but also further erode its independence and with it the city's press freedoms. The once globally renowned paper was founded in 1903 and…

  • Gulf unwilling to tighten oil taps alone: analysts

    Saudi-led Gulf OPEC members will reject pressure to shoulder the cost of cutting oil production alone despite warnings that prices risk sliding further, officials and analysts say. Saudi Arabia, Kuwait, the United Arab Emirates and Qatar, which pump more than half of OPEC's 32 million barrels of…

  • Rate cut, more stimulus in store at ECB meet: analysts

    The ECB will roll out its big guns at its monetary policy meeting this week, ramping up its trillion-euro asset purchases and cutting key rates to hike weak inflation, analysts said. Fed up with an inflation rate that is stubbornly far below the target of close to 2.0 percent, European Central…

  • Refugees, shoppers rev up German growth motor

    A massive influx of refugees, and accompanying billions in public spending, have provided Germany with a long-awaited answer to partners' calls for it to do more to jumpstart the eurozone economy. Data released this week showed solid growth for Europe's top economy in the third quarter, lifted by…

  • Tumbling zinc prices hit corner of rural Ireland

    Ireland is feeling the strain as Europe's largest producer of zinc with global prices for the metal plummeting due to an economic slowdown in China and surplus supply on world markets. Set in a region with few other employment opportunities in rural southern Ireland, Lisheen Mine has been in…

  • Solar cuts 'threat to hundreds of jobs'

    Hundreds of solar power jobs have been lost owing to planned cuts to subsidies, according to a survey that suggests thousands more jobs could be at risk industry-wide.

    BBC News
  • Lufthansa wage accord for 30,000 ground staff

    German carrier Lufthansa, reeling under a series of recent strikes, said Saturday it had reached a wage rise accord with services sector union Verdi covering 30,000 ground staff. The accord gives a one-off payment of 2,250 euros ($2,350) and a 2.2 percent wage rise to ground staff and employees of…