Financial Markets

Puerto Rico overhauls tax laws to help workers, businesses

Dec 10, 2018

Puerto Rico's governor has signed a bill to overhaul the U.S. territory's tax laws in a bid to help workers and some business owners amid a 12-year recession

Goodyear halts tire production in Venezuela as economy slips

Dec 10, 2018

U.S. tire company Goodyear has announced it will no longer continue production in Venezuela as economic conditions in the South American nation continue to deteriorate

Markets Right Now: Stocks open sharply lower on Wall Street

Dec 6, 2018

Stocks are opening sharply lower as the arrest of a senior Chinese technology executive threatened to worsen trade tensions between China and the

Dow slides 700 points as US stocks veer sharply lower

Dec 4, 2018

U.S. stocks are veering sharply lower, pulling the Dow Jones Industrial Average down more than 700 points

Venezuela's president boosts wages, compares Trump to Hitler

Nov 30, 2018

Venezuela's socialist president has boosted the minimum wage 150 percent to combat what he calls an economic war being waged by the United States

Markets Right Now: A late rally fades, leaving stocks lower

Nov 29, 2018

Stocks are closing slightly lower on Wall Street after a mid-afternoon rally faded away.

Markets Right Now: Hint of slower rate hikes sets off rally

Nov 28, 2018

Stocks are moving sharply higher after Federal Reserve Chairman Jerome Powell suggested the central bank might consider a pause in its interest rate hikes next year.

World markets rise despite Trump's renewed tariff threat

Nov 27, 2018

World markets are mostly higher despite U.S. President Donald Trump saying it's "highly unlikely" he'll hold off on raising tariffs ahead of a closely-watched meeting with his Chinese counterpart

UN releases $9.2 million in emergency funds for Venezuela

Nov 27, 2018

The United Nations has released some $9.2 million for nutrition, health care and other aid for struggling Venezuelans through an emergency relief fund, the first such assistance into Venezuela since a crisis worsened under President Nicolas Maduro

Markets Right Now: US stocks end lower as oil plunges

Nov 23, 2018

Stocks close lower on Wall Street as energy stocks fall along with the price of oil and tech stocks drop

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