Economy

Filter

U.S. budget deficit hits $984 billion, highest in 7 years

By Martin Crutsinger, Associated Press

The surge reflected such factors as revenue lost from the 2017 Trump tax cut and a budget deal that added billions in spending for military and domestic programs.

Facebook launches a news section and plans to pay publishers

By Barbara Ortutay, Tali Arbel, Associated Press

The "News Tab," a new section in the Facebook mobile app will display headlines — and nothing else — from the national and local news organizations.

Inadequate training contributed to Boeing crash in Indonesia, report finds

By Niniek Karmini, Margie Mason, Associated Press

A summary of the final accident report said Lion Air flight 610 went down partly because the pilots were never told how to quickly respond to malfunctions of the Boeing 737 Max 8 jet's automated flight-control system.

How big data became a silent colleague for artists and designers

By Catherine Rampell

Artificial intelligence and big data are transforming the global economy. Less well understood, however, are the changes they are driving in creative industries specifically. Special correspondent and Washington Post columnist Catherine Rampell reports on the fundamental questions sophisticated data intelligence…

Continue watching

New home sales fell 0.7% in September

By Martin Crutsinger, Associated Press

The housing industry is combating a variety of factors that are holding back growth ranging from a shortage of construction workers to a lack of available land for new homes.

U.S. air quality is getting worse. Here are the costs

By Nicholas J. Sanders, Econofact

For the first time in decades, the air quality in the United States got worse over the last year. Research provides insights into the economic and human cost of that decline.

WATCH: Trump promotes support for natural gas industry in Pennsylvania speech

By Marc Levy, Darlene Superville, Associated Press

As some of his leading Democratic opponents call for a fracking ban, Trump has been eager to cut a contrast, touting his support for a sector he says brings economic benefits to rural pockets and jobs to construction union workers.

WATCH: Zuckerberg testifies about Facebook's cryptocurrency on Capitol Hill

By Marcy Gordon, Associated Press

Facebook CEO Mark Zuckerberg aims to reassure Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra.

How more organic farming could worsen global warming

By Courtney Vinopal

Organic agriculture is billed as better for the environment, but a wholesale shift to this farming practice could increase net greenhouse gas emissions, a new study reports.