SAN JUAN, Puerto Rico - San Juan's mayor urged the U.S. to prioritize "people above debt" as it helps rebuild from the devastation of Hurricane Maria, after President Trump said that the island's crippling debt "must be dealt with."
Business & Financial News, U.S & International Breaking News
U.S. consumer confidence falls; new home sales hit eight-month low
U.S consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the storms would hurt economic growth in the third quarter.
Macron paints sweeping vision for Europe
French President Emmanuel Macron offered a sweeping vision for a renewal of Europe on Tuesday, calling for the EU to cooperate more closely on defense, immigration, tax and social policy, and for the single currency bloc to have its own budget.
Wall St. slips on mounting North Korea tensions
U.S. stocks gave up early gains on Tuesday as rising tensions between the United states and North Korea weighed, while investors awaited Fed Chair Janet Yellen's speech for more clarity on interest rate hikes.
Oil prices fall from 26-month high on profit-taking
Brent oil prices fell on Tuesday after investors took profit following a rally to 26-month highs spurred largely by threats from Turkey to cut crude exports from Iraq's Kurdistan region.
Alibaba takes control of logistics business, pledges $15 billion to expand network
Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expansion plans overseas.
Mexico in three-day countdown to search for earthquake survivors
Rescuers are unlikely to find any more survivors of Mexico's earthquake still buried in the ruins and will cease operations to find them at the end of Thursday, the emergency services chief said.
Exp: Sep 17
Exp: Sep 17
Exp: Oct 17