The Wayback Machine - http://web.archive.org/web/20240722161347/https://finance.yahoo.com/topic/economic-news/
Advertisement
U.S. markets close in 3 hours 47 minutes

Economic News and Analysis

The latest news and analysis about the health of the US economy.

Economic News

  • Image
    Politics
    Bloomberg

    Harris Seen as Tougher Oil Industry Opponent Than Biden

    (Bloomberg) -- As California attorney general, Kamala Harris brought lawsuits against fossil fuel companies, prosecuted a pipeline company over an oil leak and investigated Exxon Mobil Corp. for misleading the public about climate change. Most Read from BloombergBiden Exit Puts Trump Trade in Doubt as Election Gets Re-SetJoe Biden Bows to Democrats Who Wanted Him Out, Upending US PoliticsBiden Exits Race, Endorses Harris as She Shores Up SupportBiden Is Out: What’s Next for Democrats, ExplainedA

  • Image
    Business
    Bloomberg

    Oil Falls to 5-Week Low as Traders Weigh US Political Turmoil

    (Bloomberg) -- Oil extended its recent slide as investors assessed how US President Joe Biden’s decision not to seek reelection could impact markets. Most Read from BloombergBiden Exit Puts Trump Trade in Doubt as Election Gets Re-SetJoe Biden Bows to Democrats Who Wanted Him Out, Upending US PoliticsBiden Exits Race, Endorses Harris as She Shores Up SupportBiden Is Out: What’s Next for Democrats, ExplainedA Brief History of Kamala Harris and Her PoliticsWest Texas Intermediate’s more-active Sep

  • Image
    Business
    Associated Press Finance

    Most airlines except one are recovering from the CrowdStrike tech outage. The feds have noticed

    Delta Air Lines struggled for a fourth straight day to recover from a worldwide technology outage caused by a faulty software update, stranding tens of thousands of passengers and drawing unwanted attention from the federal government. Other carriers were returning Monday to nearly normal levels of service disruptions, intensifying the glare on Delta’s relatively weaker response to the outage that hit airlines, hospitals and businesses around the world. Transportation Secretary Pete Buttigieg spoke to Delta CEO Ed Bastian on Sunday about the airline’s high number of cancellations since Friday.