Markets / Wall Street

Stories about the financial markets

US deficit for current budget year climbs to $2.24 trillion

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WASHINGTON — The U.S. government's deficit for the first nine months of this budget year hit $2.24 trillion, keeping the country on track for...

California men plead guilty in Florida to $1.3B fraud scam

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MIAMI — Two more California men have pleaded guilty in South Florida for their roles in a $1.3 billion real estate fraud scheme that...

Cuban leaders beef up police patrols after rare protests

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HAVANA — Cuban police are out in force on the country's streets as the president is accusing Cuban Americans of using social media to...

As fears about climate grow, Siemens CEO sees opportunities

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DETROIT — As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to...

After Branson flight, Virgin Galactic slumps on stock sale

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Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it’s made arrangements to sell up to $500 million in stock. ...

Cuba’s internet cutoff: The go-to tactic for global despots

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Cubans facing the country’s worst economic crisis in decades took to the streets over the weekend. In turn, authorities blocked social media sites in...

Appeals court: Indiana must resume unemployment benefits

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INDIANAPOLIS — The Indiana Court of Appeals ruled Monday that the state temporarily continue payment of federal unemployment benefits, affirming an earlier court order...

Demonstrators in Havana protest shortages, rising prices

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Thousands of Cubans marched on Havana’s Malecon promenade and elsewhere on the island Sunday to protest food shortages and high prices amid the coronavirus...

UK economy remains 3.1% smaller than pre-pandemic level

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LONDON — Official figures show that the British economy rebounded further in May following another easing of lockdown restrictions, though the increase was about...

G20 ministers take up plan to deter cross-border tax dodging

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Finance ministers from the Group of 20 countries will push for agreement on proposals backed by U.S. President Joe Biden to deter tax dodging...