Business

Shutdown extends into workweek, as Senate talks continue

Budget Battle-3

President Donald Trump’s budget director is holding out hope that feuding Democrats and Republicans...

Business

US officials defend trade moves as Davos braces for Trump

Trump Davos-1

DAVOS, Switzerland (AP) — Top U.S. officials trumpeted America’s commitment to free and fair trade while bracing for possible retaliation by China over new U.S. import tariffs, ahead of a much-ballyhooed visit by President Donald Trump to the World Economic Forum in Davos, Switzerland. Treasury...


World

The Latest: US Treasury chief not worried by Davos critics

Trump Davos

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos (all times local): 10:45 a.m. U.S. Treasury Secretary Steven Mnuchin has brushed off concerns about a tough reception from globalist critics at the elite World Economic Forum in Davos, Switzerland. He said Wednesday that “we...


Business

Work requirements may prompt more states to expand Medicaid

Medicaid Works Requirements

WASHINGTON (AP) — In an ironic twist, the Trump administration’s embrace of work requirements for low-income people on Medicaid is prompting lawmakers in some conservative states to resurrect plans to expand health care for the poor. Trump’s move has been widely criticized as threatening the...


Business

Powell taking over as Fed chairman at time of economic calm

Federal Reserve Powell

WASHINGTON (AP) — It would seem like a pretty good time to take over as chairman of the Federal Reserve. Jerome Powell has won Senate confirmation to head the U.S. central bank, inheriting an economy on a roll, a booming stock market and unemployment at a 17-year low. He will succeed Janet Yellen,...


Business

Asian shares mixed on renewed jitters over trade friction

Japan Financial Markets-1

TOKYO (AP) — Asian shares were mixed on Wednesday, as Japan’s benchmark took a rest from a spate of recent jumps. Worries over a resurgence of trade tensions overshadowed regional markets. KEEPING SCORE: Japan’s benchmark Nikkei 225 slipped 0.6 percent to 23,988.21, while Hong Kong’s Hang Seng...


Business

Apple set to release its smart speaker, HomePod

(c) 2018, The Washington Post. Apple on Tuesday announced a Feb 9. release date for its smart speaker called the HomePod - allowing the company that first popularized virtual assistants through its smartphones to finally enter the market for virtual assistants in the home. The looming question for...


Business

Sheriff: Remains of 5 missing gas rig workers recovered

Drilling Rig Explosion Oklahoma

OKLAHOMA CITY (AP) — Officials on Tuesday recovered the remains of five gas rig workers who had been missing since a fiery explosion in eastern Oklahoma a day earlier. Pittsburg County Sheriff Chris Morris said once the natural gas drilling rig was stabilized following the blast and subsequent...


Business

The Latest: Trump to tell Davos the US 'open for business'

Switzerland Davos Forum

DAVOS, Switzerland (AP) — The latest on the World Economic Forum in Davos, Switzerland (all times local): 11:20 p.m. President Donald Trump plans to meet with world leaders, dine with business executives and declare America “open for business” during his trip to the Davos summit. White House...


Business

Financial Markets Glance

Dow Jones Industrials High: 26,246.19 Low: 26,143.90 Close: 26,210.81 Change: —3.79 Other Indexes Standard&Poors 500 Index: 2839.13 +6.16 NYSE Index: 13,474.11 +3.74 Nasdaq Composite Index: 7460.29 +52.26 NYSE Amer Composite: 2742.36 +26.42 Russell 2000 Index: 1610.71 +5.54 Wilshire 5000 TotalMkt:...


Business

Elon Musk's pay deal could theoretically be worth $55.8 billion - but he could also get

(c) 2018, The Washington Post. Tesla outlined a potentially massive - and massively unconventional - compensation plan for its unorthodox CEO on Tuesday, setting a series of ambitious growth targets that, if various conditions are met, could theoretically net Elon Musk as much as $55.8 billion over...


Older ›
×