Economy

US durable goods orders up solid 2.7% in March

Apr 25, 2019

US durable goods orders up 2.7% in March with investment demand rising at fastest pace since July

UK blocks Sainsbury's merger with Walmart unit Asda

Apr 25, 2019

British regulators have blocked Sainsbury's $9.4 billion purchase of Walmart's Asda unit amid concerns it would increase prices and reduce product offerings, in another hit to Walmart's international operations.

Barclays may cut costs in 'challenging' economy

Apr 25, 2019

London-based Barclays bank says it may cut costs if a "challenging" economy persists throughout the year

Royal Bank of Scotland chief executive to step down

Apr 25, 2019

Royal Bank of Scotland says Chief Executive Ross McEwan is stepping down after 5 1/2 years overseeing the restructuring of a bank that was bailed out by the government during the global financial crisis

Markets Right Now: Stocks edge lower a day after record

Apr 24, 2019

Stocks gave up an early gain and drifted mostly lower on Wall Street as investors continue digesting a steady flow of corporate earnings.

US gives exemptions to sanctions on Iran Revolutionary Guard

Apr 24, 2019

The Trump administration has carved out major exemptions to new sanctions on Iran's Revolutionary Guard amid fears they may hurt U.S. diplomatic and military cooperation with other countries

UK begins search for new Bank of England governor

Apr 24, 2019

The British government has started its search for the successor to Mark Carney as governor of the Bank of England

White House announces more trade talks with China

Apr 24, 2019

The White House says a U.S. delegation will travel to China next week to continue trade negotiations

AP FACT CHECK: Trump's mythical view of presidents past

Apr 23, 2019

AP FACT CHECK: Contrary to Trump's memory, it's not always about 'the economy, stupid'

Ex-GE engineer charged with stealing trade secrets for China

Apr 23, 2019

Federal prosecutors say a former General Electric engineer and his business partner in China stole the company's trade secrets from a New York plant for the Chinese government

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