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Business News

Consumer watchdog considering repeal of payday lending ruleThe Consumer Financial Protection Bureau reconsidering a payday lending protections it enacted last year
The Associated Press36 minutes ago
FILE - This Sept. 12, 2016, file photo, shows the exterior of the Trump International Hotel in downtown Washington. More than 60 groups, including foreign governments, political campaigns and business organizations, spent money at Trump-branded properties across the U.S. last year, according to a report Tuesday by a watchdog group that has long been critical of how such spending could be used to influence the president. (AP Photo/Pablo Martinez Monsivais, File)
Watchdog: Foreign groups among spenders at Trump propertiesWatchdog group finds foreign governments, political campaign among big spenders at Trump properties in 2017
The Associated Press37 minutes ago
A board above the floor of the New York Stock Exchange shows the Dow Jones industrial average at the start of trading, Tuesday, Jan. 16, 2018. The Dow Jones industrial average traded above 26,000 for the first time. (AP Photo/Richard Drew)
Dow industrials recede from 26,000 as early gains fadeLosses by industrial and technology companies are helping pull U.S. stocks mostly lower in late-afternoon trading, placing the market on course for modest losses
The Associated Press46 minutes ago
FILE - In this June 18 2015 file photo, vapor forms across the wings of an Airbus A380 as it performs a demonstration flight at the Paris Air Show, Le Bourget airport, north of Paris. Airbus sAys it will stop making its costly A380 superjumbo if it can't strike a long-term deal with Emirates airline for a steady supply of the planes. (AP Photo/Francois Mori, File)
US travel industry launches plan to reverse tourism declineTravel industry representatives sounded an alarm Tuesday over a long-term decline in international tourism to the U.S. and announced efforts to reverse the trend
The Associated Press56 minutes ago
Weekend derailment is latest black eye for DC subway systemA derailment over the Martin Luther King Jr. holiday weekend is only the latest problem for the dysfunctional D.C. subway system that Washingtonians love to hate
The Associated Press1 hour ago
FILE - In this July 9, 2014, file photo, the Transamerica Pyramid is reflected in the window of the main branch of Citibank in the Financial District of San Francisco. The big Wall Street banks have been reporting billions of dollars in paper losses in January 2018, as they are forced to come into compliance with the new tax law. The biggest loser so far has been Citigroup, which reported an $18 billion loss, Tuesday, Jan. 16, 2018, largely due to the tax law. (AP Photo/Eric Risberg, File)
Tax law brings big paper losses, long-term gains to US banksBig U.S. banks post billions in paper losses because of accounting charges related to the new tax law, but they say the changes will benefit them as well as the broader economy over the long term.
The Associated Press1 hour ago
Specialist John McNierney works at the post that handles General Electric on the floor of the New York Stock Exchange, Tuesday, Jan. 16, 2018. GE CEO John Flannery, who was put in charge of reviving the company last summer, revealed significant issues at GE Capital on Tuesday, which will lead to a $6.2 billion after-tax charge in the fourth quarter. (AP Photo/Richard Drew)
With a $6B charge comes new thoughts about GE's futureAfter a decade of shedding assets, General Electric's focus on its future self grows even more intense
The Associated Press1 hour ago
Staff block the entrance of the Fresnes prison during a demonstration in Fresnes, outside Paris, Tuesday Jan. 16, 2018. Saff blocked several prisons in France after an attack by an inmate against several people at a high-security prison in northern France. (AP Photo/Thibault Camus)
French prison guards protest violent working conditionsProtesting French prison guards carried out blocking actions outside scores of jails across the country Tuesday for the second day in a row, demanding more security, more staff and a better handling of violent, sometimes radicalized, inmates
The Associated Press1 hour ago
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