Economy

Puerto Rican chef Jose Sanchez inside his restaurant Pera Maraya. "Everything was going perfect," says Sanchez, 28. "Then the storm hit."

Don't Surrender, Reinvent: The New Mantra Of Small Biz In Puerto Rico

5:01am October 21, 2017

by Malaka Gharib

Facing an uncertain future and dim prospects of financial relief, small businesses get support and strength from each other.

A trader at the New York Stock Exchange reacts on Oct. 19, 1987, when the Dow Jones industrial average plunged more than 22 percent — the biggest single-day drop in history.

The 30th Anniversary Of Black Monday: A Day That Made Wall Street Quake

6:13pm October 19, 2017

by Emily Sullivan

On Oct. 19, 1987, Wall Street had its single worst trading day ever. Even after three decades, Black Monday still marks the biggest one-day crash, and its impact continues to reverberate.

David Mifflin says there have been multiple unauthorized attempts to open credit cards in his name since his Social Security number was stolen.

After Equifax Hack, Calls For Big Changes In Credit Reporting Industry

9:28pm October 18, 2017

by Chris Arnold

The largest known theft of Social Security numbers in history has lawmakers, law enforcement and identity theft victims angry. They're calling for better security and other changes in the system.

Queue Listen Now

United States Trade Representative Robert Lighthizer (left) speaks Tuesday at the end of the latest round of negotiations over the North American Free Trade Agreement in Washington, as Mexico's economy minister, Ildefonso Guajardo, looks on.

Efforts To Rewrite NAFTA Not Going Well; Next Round of Talks Delayed

5:55pm October 17, 2017

by Marilyn Geewax

For months, the United States, Canada and Mexico have been trying to rewrite terms of the North American Free Trade Agreement. But White House demands have led to frustrations that may threaten NAFTA.

New buildings, a mix of residential and office space, stand on the Upper West Side of Manhattan, which has seen a surge of development in recent years. The long-neglected area includes the Hudson Yards, the largest private real estate development in U.S.

Top Global Cities Face Increased Risk Of A Real Estate Bubble

5:39pm October 17, 2017

by Samantha Raphelson

Toronto leads this year's UBS Wealth Management list as the city with the biggest housing bubble risk. Real estate in several U.S. cities, including New York and Boston, is considered fair value.

Dow Jones Industrial Average Briefly Climbs Over 23,000 Points

5:01pm October 17, 2017

by Alina Selyukh

Stock prices have continued to rise to record levels. On Tuesday, the Dow Jones industrial average was sent above the 23,000 milestone, but it didn't last long.

Economy

High Point City Council Will Consider New Ways To Fund Stadium Project

4:19pm October 17, 2017

by Keri Brown

High Point City Council is holding a special meeting Thursday where city leaders are expected to discuss new ways to fund a proposed baseball stadium downtown.

Traders work on the floor of the New York Stock Exchange last week. With its new record level, the blue chip index is now up 16 percent since the start of the year and about 26 percent since Election Day.

Economy

Dow Crosses Another Milestone, Topping 23,000 For The First Time

4:11pm October 17, 2017

by Avie Schneider

The Dow Jones industrial average topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.

Piece By Piece: The End Of Obamacare

2:27pm October 17, 2017

With the enrollment period for the Affordable Care Act fast approaching and the president pushing forward on his promise to dismantle it, what's at stake?

Economy

Today Is The Day To End Poverty (Literally)

2:27pm October 17, 2017

Nearly 11 percent of the world's population lives on less than two dollars a day, according to the World Bank.