Economic Indicators

Cyprus government to fight court's pay cut ruling

Cyprus' finance minister says authorities will act to "neutralize" an administrative court decision that declared unconstitutional cuts to government workers' salaries that were made amid a 2012 financial crisis.

Business Highlights

___ Lyft's shares soar as investors bet on ride-hailing future Lyft's shares soared as the company went public Friday, giving investors their first chance to bet on the future of the ride-hailing industry.

Emails show FDA worry after romaine outbreaks

After repeated food poisoning outbreaks tied to romaine lettuce, a U.S. food safety official shared his concerns in an internal email, saying the produce industry's water testing "failed in an epic and tragic way."

Trump's Fed pick worries economists, rallies conservatives

President Donald Trump's latest pick help lead the Federal Reserve has received a rocky reception — with top economists raising several red flags about whether Stephen Moore is qualified to be a governor of the world's most influential central bank.

Puerto Ricans struggle to buy food amid funding shortfall

Iraida Vargas can no longer afford the two kinds of insulin her aging mother needs and has stopped buying fresh fruit and vegetables as billions of dollars in federal funds that help Puerto Ricans buy food, get medical treatment and recover from Hurricane Maria dwindle despite pleas from the U.S. territory that Congress take action.

US consumer spending edges up weak 0.1 percent in January

U.S. consumer spending edged up a tiny 0.1 percent in January, while incomes advanced a modest 0.2 percent in February, further evidence that economic activity may have decelerated after strong growth for most of last year.