On a cold winter afternoon in the Indian capital, New Delhi, a group of auto rickshaw drivers huddled outside a metro station hoping to pick up passengers. Since the city shut…
more ...Tarnished Gold: Illegal Amazon Gold Seeps into Supply Chains
To match the festive spirit of South America’s first Olympics, officials from Brazil, the host country for the 2016 games in Rio de Janeiro, boasted that the medals hung around…
more ...US to Allow Teen Truckers to Cross State Lines in Test Program
The federal government is moving forward with a plan to let teenagers drive big rigs from state to state in a test program. Currently, truckers who cross state lines must…
more ...UN Chief: ‘Race Against Time’ to Save Afghan Economy
Secretary-General Antonio Guterres said Thursday the United Nations is “in a race against time” to prevent millions of Afghans from falling deeper into a severe economic and humanitarian crisis. “Livelihoods…
more ...US Jobless Benefit Claims Increase Unexpectedly
First-time claims for U.S. unemployment compensation increased unexpectedly last week to their highest level since mid-November, suggesting some employers may be laying off workers as the omicron variant of the…
more ...US Consumer Prices Jump 7%, Most in 40 Years
U.S. consumer prices jumped 7% in December compared to a year earlier, the highest inflation rate in 40 years, the government’s Labor Department reported Wednesday. Higher prices coursed throughout…
more ...Tensions in Greek Port of Piraeus Grow Along With Chinese Stakes
China’s expanding sphere of influence and economic reach in Europe is met with a mixture of praise and complaints in the Greek port of Piraeus. Athens reporter Laurent Laughlin has…
more ...IAE: Russia Undermining European Gas Supply Amid Ukraine Standoff
Russia is contributing to an undersupply of natural gas to Europe, the head of the International Energy Agency (IEA) Fatih Birol said on Wednesday, noting it comes amid a standoff…
more ...US Federal Reserve Chief: High Inflation Threatens Job Market
Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates…
more ...Stay Home or Work Sick? Omicron Poses a Conundrum
As the raging omicron variant of COVID-19 infects workers across the nation, millions of those whose jobs don’t provide paid sick days are having to choose between their health and…
more ...US Economy Shows Strength Entering 2022, but Pandemic Clouds Future
At the start of 2022 most measures show the U.S. economy is booming, with an unemployment rate that is approaching record lows and a demand for goods that has imports…
more ...EU Under Pressure on ‘Ghost Flights’
The European Union is under increasing pressure to further ease rules on airport take-off and landing slots to cut the number of “ghost flights” airlines are running to retain them.…
more ...US Hiring Slows in December
U.S. employers added 199,000 new jobs in December, 50,000 fewer than November, the Labor Department reported Friday, as business continue to struggle to fill vacancies due to American workers’ reluctance…
more ...US Jobless Benefit Claims Hold Steady
First-time claims for U.S. unemployment compensation remained near a five-decade- low level last week, with employers retaining their workers and searching for more as the United States continues its rapid…
more ...Royal Caribbean, Norwegian Cruise Cancel Voyages Amid Omicron Scare
Royal Caribbean and Norwegian Cruise Line on Wednesday canceled sailings amid rising fears of omicron-related coronavirus infections that have dampened the nascent recovery of the pandemic-ravaged cruise industry. Royal Caribbean…
more ...Rights Groups Urge Tesla to Close Showroom in China’s Xinjiang
U.S. human rights and trade groups on Tuesday blasted Tesla’s New Year’s Eve announcement that it had opened a showroom in Xinjiang, the latest foreign firm caught up in tensions…
more ...US Manufacturing Catches Breath; Supply Logjam Starting to Break Up
U.S. manufacturing activity slowed in December amid a cooling in demand for goods, but supply constraints are starting to ease and a measure of prices paid for inputs by factories…
more ...China’s Economy Could Overtake US Economy by 2030
China’s economy will increasingly rely on state investment, high-tech development and domestic consumption – with less input from its past staple of export manufacturing – as it stands to overtake…
more ...Biden Unveils Plan to Boost Competition in US Meat Industry
The United States will issue new rules and $1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack…
more ...Markets Open 2022 With Records, Apple Briefly Hits $3 Trillion in Value
Global stocks began 2022 in bullish fashion, with major bourses notching records and Apple’s valuation briefly hitting $3 trillion as investors monitor the COVID-19 pandemic and looming central bank rate…
more ...Tesla Delivered Nearly a Million Cars Worldwide in 2021
U.S. premium electric vehicle maker Tesla said on Sunday it delivered nearly 1 million vehicles in 2021, almost twice as many as 2020, doing better than expected despite global supply…
more ...Airlines Grapple with Omicron-Related Disruptions to Start 2022
More than 3,000 flights were canceled around the world on Sunday, more than half of them U.S. flights, adding to the toll of holiday week travel disruptions due to adverse…
more ...Record Cargo Shipped Through Egypt’s Suez Canal Last Year
Egypt’s Suez Canal Authority said the key waterway netted record revenues last year, despite the coronavirus pandemic and a six-day blockage by a giant cargo ship, the Ever Given. Connecting…
more ...US Takes Ethiopia, Mali, Guinea Off Africa Duty-free Trade Program
The United States on Saturday cut Ethiopia, Mali and Guinea from access to a duty-free trade program, following through on President Joe Biden’s threat to do so over accusations of…
more ...Wave of Canceled Flights from Omicron Closes out 2021
More canceled flights frustrated air travelers on the final day of 2021 and appeared all but certain to inconvenience hundreds of thousands more over the New Year’s holiday weekend. Airlines…
more ...Tesla Recalls 675,000 Cars in US, China
Tesla has recalled 675,000 cars in the United States and China over issues with the trunk and front hood of two models, raising new questions about the safety of the…
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