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Business News
China's growth edges up but 2016 weakest year since 1990
BEIJING (AP) -- China's economic growth accelerated slightly in the final quarter of 2016 but its full-year performance still was the weakest in nearly three decades....
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China's economic growth rises to 6.8 percent in last quarter of 2016; full-year growth 6.7...
BEIJING (AP) -- China's economic growth rises to 6.8 percent in last quarter of 2016; full-year growth 6.7 percent, weakest since 1990....
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Yellen says Fed following prudent course on rates
WASHINGTON (AP) -- While unemployment has fallen significantly and inflation is starting to tick higher, Federal Reserve Chair Janet Yellen said Thursday she does not believe that the central bank has fallen behind the curve and needs to start pushing interest rates up more quickly....
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Uber pays $20 million to settle claims of driver deception
SAN FRANCISCO (AP) -- Uber Technologies is paying $20 million to settle allegations that it duped people into driving for its ride-hailing service with false promises about how much they would earn and how much they would have to pay to finance a car....
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Treasury pick defends foreclosure actions, asset disclosure
WASHINGTON (AP) -- Steven Mnuchin, President-elect Donald Trump's pick as Treasury secretary, clashed with Democrats during a lengthy confirmation hearing Thursday over his handling of thousands of mortgage foreclosures and his failure to initially disclose to the committee nearly $100 million in assets and interests in a Cayman Islands corporation....
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