Business

Since mid-November, the value of bitcoin — shown in U.S. dollars, according to the exchange Coindesk — has rocketed up and plummeted. Grayed area denotes the daily price ranges, and the date range ends on Jan. 17.

Economy

Cryptocurrency Investors Worry, Wait After Bitcoin Price Drop

4:40pm January 18, 2018

by Asia Simone Burns

There are hundreds of digital currencies worldwide. The price of the largest, best known one just plummeted by 50 percent. Now, investors are watching for a boom — or a bust.

Economy

The Beigies

4:09pm January 18, 2018

Welcome to the Beigies, the only awards show honoring the best economic stories in the Fed's Beige Book.

Bottles of Moutai baijiu liquor, seen here in a 2012 photo, have become scarce in many Chinese stores, even as spirits maker Kweichow Moutai has seen its stock soar in the past year.

World News

The World's Most Popular Liquor Becomes Scarce On Many Shelves

2:56pm January 18, 2018

by Bill Chappell

At 106 proof, China's famous Moutai baijiu liquor is getting hard to find, as bottles are being snatched up by speculators. Its brand parent recently became the world's most valuable distiller.

Apple Plans To Create 20,000 Jobs And Build New Campus

1:24pm January 18, 2018

by Doreen McCallister

Apple says it's bringing billions of dollars back to the U.S. and using it to build a new campus and create 20,000 jobs. Analysts say the announcement is a mix of politics and economics.

Raleigh Shortlisted For Amazon HQ2; Triad And Charlotte Left Behind

12:26pm January 18, 2018

by Joseph Pisani, Associated Press

Amazon has narrowed its hunt for a second headquarters to 20 locations, concentrated among cities in the U.S. East and Midwest.

Amazon says the second headquarters will be a "full equal" to its corporate headquarters in Seattle, Wash., shown here.

Here Are The 20 Cities Still In The Running For Amazon's Second HQ

10:43am January 18, 2018

by Merrit Kennedy

Amazon says it reviewed 238 proposals in the U.S., Mexico and Canada. It says it will invest $5 billion in building the new headquarters, which could create up to 50,000 high-paying jobs.

China's manufacturing sector helped boost the country's GDP, in statistics released on Thursday. Here, a worker at a Ford manufacturing plant uses a laptop next to a car body on an assembly line in Chongqing.

China Reports Its Fastest Economic Growth In 7 Years

9:30am January 18, 2018

by Bill Chappell

China's economy, the second-largest in the world, grew by 6.9 percent in 2017. It's the first time since 2010 that the speed of China's economic growth went up rather than edging down.

News Brief: HHS To Protect Religious Objectors, Trump's First Year Poll, Apple Jobs

7:29am January 18, 2018

The Department of Health and Human Services is expected to announce the creation of a new division to protect health workers who object to procedures for religious reasons.

Queue Listen Now

Apple Says It Will Create 20,000 Jobs In The U.S.

5:07am January 18, 2018

by Laura Sydell

Apple says that it's bringing billions of dollars back to the U.S. and using it to create a new campus and create 20,000 jobs. Analysts say the announcement is a mix of politics and economics.

A grande Cafe Nero, large Costa Coffee and venti-sized Starbucks to-go cups sold in London. The U.K. Parliament is considering a tax on disposable cups in an effort to cut down on waste.

U.K. Lawmakers Want To Battle Waste With A 'Latte Levy' On Disposable Cups

5:16pm January 17, 2018

by Samantha Raphelson

The British Parliament is considering a 34-cent tax on to-go cups to encourage diners to bring their own reusable containers. The goal is to replicate the success of Britain's tax on plastic bags.