Washington — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled. According to the Federal Reserve’s preferred inflation gauge, consumer…
more ...One of India’s largest conglomerates under suspicion following US fraud charges
New Delhi — Nearly two years after one of India’s biggest conglomerates was hit by allegations of wrongdoing by a U.S. investment firm, it is again in the eye of a…
more ...Dow hits another record as stocks rise on treasury secretary pick
New York — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% to pull closer…
more ...World braces for impact as Trump revisits trade wars
Countries around the world are bracing for economic upheaval as incoming U.S. President Donald Trump threatens massive tariffs, especially on China. The uncertainty has left governments and businesses struggling with…
more ...Lower turkey costs set table for cheaper US Thanksgiving feast this year
Inflation-weary consumers should see the cost of their classic Thanksgiving dinner gobble less of their paychecks this year, largely because Americans are buying less of the meal’s centerpiece dish, turkey. …
more ...Zambia, Zimbabwe seek move to wind, solar to avert power shortages
VICTORIA FALLS, ZIMBABWE — Zimbabwe and Zambia are holding a summit this week in Victoria Falls to identify ways to attract investors for energy projects and development. The talks come as…
more ...Greece to repay chunk of bailout debt early
Athens, Greece — Greece will make an early repayment of 5 billion euros ($5.3 billion) in bailout-era debt in 2025, Prime Minister Kyriakos Mitsotakis told a banking conference in Athens on…
more ...Debt-saddled Laos struggles to tame rampant inflation
Vientiane, Laos — Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households…
more ...Foreign acquisition of US Steel faces cooler temperatures after presidential election
Before the U.S. presidential election, President Joe Biden and former President Donald Trump opposed a Japanese company’s planned $14 billion purchase of U.S. Steel, a once-iconic pillar of America’s industrial…
more ...Analysts skeptical about African impact of China’s zero-tariff offer
NEW DELHI — Analysts interviewed by VOA expressed skepticism over China’s recent decision to eliminate tariffs for goods from least developed countries with diplomatic relations with Bejing, including 33 in Africa,…
more ...Bain: Global luxury sales to fall 2% in 2024, among weakest years on record
Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer…
more ...Germany’s Scholz summons top ministers over rival plans to fix economy
Berlin — German Chancellor Olaf Scholz will hold meetings with his top two ministers to try to find common ground after they put forward contradictory plans to fix the nation’s ailing…
more ...US employers add 12,000 jobs last month as hurricanes, strikes reduce payrolls
WASHINGTON — America’s employers added 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.…
more ...US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
Washington — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from…
more ...Beijing files WTO complaint over EU’s new taxes on Chinese EVs
Beijing — Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars. The extra taxes…
more ...US farmers weigh tariffs, farm bill as Election Day nears
U.S. farmers are facing economic headwinds as they head to the polls this election year. VOA’s Kane Farabaugh has more from Illinois …
more ...Saudi energy minister commits to crude capacity levels and climate targets
RIYADH — Saudi Arabia is “committed” to maintaining crude capacity at 12.3 million barrels per day, Energy Minister Prince Abulaziz bin Salman said on Tuesday. Speaking at the Future Investment Initiative…
more ...Bioeconomy offers path to mitigating climate change, enhancing food production
Nairobi — Bioeconomy is the production, use, and conservation of biological resources to produce goods that sustain communities. A new report says the promotion of bioeconomy as a way to deal…
more ...In suburban Miami, Kmart’s last ‘Blue Light Specials’ flicker
MIAMI, FLORIDA — The last Kmart on the U.S. mainland sits at the west end of a busy suburban Miami shopping center, quiet and largely ignored. All around it are thriving…
more ...IMF raises concerns about effects of Sudan conflict on neighbors
WASHINGTON — The war in Sudan is likely to cause heavy economic damage in neighboring countries, the IMF’s deputy director for Africa, Catherine Pattillo, told AFP. “What is going on there…
more ...Union’s rejection of Boeing offer threatens jobs at aerospace suppliers
Striking workers’ rejection of planemaker Boeing’s BA.N latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge. If the strike by…
more ...Iran’s aviation woes compounded by latest EU sanctions
Iranian photographer Tannaz was on her way to Tehran’s airport when European sanctions on flag carrier Iran Air forced her to return home, unable to make it to work in…
more ...Boeing reports $6 billion quarterly loss ahead of vote by union workers who have crippled production
EVERETT, Wash. — Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept…
more ...Ethiopia begins selling stakes in state-owned company
Ethiopia’s state-owned telecommunications company has started selling shares to the public, in a move aimed at establishing a new national stock market and giving Ethiopians a stake in the company,…
more ...IMF’s economic view: A brighter outlook for US but still-tepid global growth
Washington — The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China. It left its…
more ...Lower-priced new cars are gaining popularity, and not just for cash-poor buyers
Detroit — Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time to replace her Chevrolet Blazer SUV, for which…
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