The Trump administration has again declined to label China a currency manipulator, but says it is keeping China and five other nations on a watch list. “Of particular concern are…
more ...Jubilant Customers Light Up as Marijuana Sales Begin in Canada
Jubilant customers stood in long lines for hours then lit up and celebrated on sidewalks Wednesday as Canada became the world’s largest legal marijuana marketplace. In Toronto, people smoked joints…
more ...Tesla Secures Land in Shanghai for First Factory Outside US
Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting…
more ...Many CEOs Pull Out of Saudi Investment Conference
Western corporate chiefs are continuing to pull out of an investment conference in Saudi Arabia next week, distancing themselves from questions about Riyadh’s involvement in the disappearance and alleged killing…
more ...Uber Driver Charged with Kidnapping New York Woman
An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of…
more ...US to Open Trade Talks With Britain, EU, Japan
The White House has announced plans to negotiate separate trade deals with Britain, the European Union and Japan. “We are committed to concluding these negotiations with timely and substantive results for…
more ...Earnings Reports Send US Stocks Higher
Major U.S. stock markets made strong gains Tuesday as strong earnings reports encouraged investors. The Dow Jones industrial average gained 547.87 points, or 2.2 percent, to close at 25,798.42. The Standard &…
more ...Zimbabwe’s Government Says Worst of ‘Panic-Buying’ is Over
Zimbabwe’s government says the country is emerging from a recent wave of panic-buying that saw shops run out of goods and motorists spend long hours in lines at gas stations.…
more ...US Employers Post Record Number of Open Jobs in August
U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic…
more ...Caution, Cancellations, Protests as Concerns Grow on China’s Belt and Road
Concerns about debt diplomacy on China’s expansive infrastructure megaproject — the Belt and Road — have become an increasing source of debate from Asia to Africa and the Middle East. In recent…
more ...US Budget Deficit Hits Six-Year High
The U.S. government’s budget deficit hit $779 billion in the fiscal year that ended Sept. 30, while spending increased and tax revenues remained nearly flat, the Treasury said Monday. It…
more ...Zimbabwe’s Government Says Worst of its Economic Woes is Over
Zimbabwe’s government says the country is emerging from a recent economic meltdown that saw shops run out of goods and motorists spend long hours in lines at gas stations. Economists…
more ...Market Can Cope with Push for Zero Iranian Oil Sales, Says US Envoy
The United States still aims to cut Iran’s oil sales to zero and does not expect restored oil sanctions against Tehran to have a negative impact on a market that…
more ...Why More Americans Are Moving to Smaller Cities
More Americans are moving to smaller cities in search of a better quality of life. They’re leaving places like Los Angeles, Chicago and New York for mid-sized cities such as…
more ...Global Stocks Climb Following Two Days of Sharp Losses
World stocks are climbing Friday after two days of sharp losses. Major U.S. stock indexes are up more than 1 percent, but they’re still on track for their biggest one-week…
more ...‘Winter Is Coming’: Indonesia Warns World Finance Leaders Over Trade War
Just in case any of the global central bankers and finance ministers gathered in Indonesia missed the message delivered repeatedly this week, the host nation said it again Friday: Everyone…
more ...Experts: Urbanization Will Spread Housing Crisis Worldwide
More than half of the world’s population lives in cities, according to United Nations figures. By the middle of this century, 68 percent of the world will be urbanized, adding 2½…
more ...US Companies Affected by Trump Tariffs Grapple With Uncertainty
The trade war between the United States and China has made for a nerve-wracking summer of uncertainty in Wisconsin, where manufacturing has long been in decline yet remains a vital…
more ...As Markets Swoon, Finance Chiefs Urge US, China to Cool It
The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and play by world trade rules, as tumbling…
more ...Losses on Wall Street Rip Through Asian Financial Markets
A stock market rout that started on Wall Street rolled through Asia, driving China’s benchmark to a four-year low Thursday and knocking down indexes in Japan, Korea and Australia. The…
more ...Trump Calls Stock Sell-Off ‘A Correction,’ Says Federal Reserve is ‘Crazy’
U.S. President Donald Trump said that Wednesday’s stock market sell-off was in fact a long-awaited “correction,” and that the Federal Reserve, which has been raising U.S. interest rates, had gone…
more ...Cambodia Faces Potential Economic Collapse
Cambodian Prime Minister Hun Sen is facing economic pressure to reverse a recent crackdown on opposition groups and basic freedoms in his country. Cambodia faces an economic collapse from the…
more ...Zimbabwe’s Dingy Trains Mirror Economic Decline
Dark, dirty and slow, Zimbabwe’s trains, like much else in the impoverished southern African country, have seen better days. Once the preferred mode of transport for most Zimbabweans, the state-run…
more ...US Prosecutors: China Corruption Case Grows Stronger
Last month, Patrick Ho, a former Hong Kong official fighting foreign bribery charges in New York, thought he had finally received a break. In a dramatic move in the high-profile…
more ...Ireland Boosts Budget Spending as Brexit Looms
Ireland’s finance minister boosted budget day spending for the second year in a row as the government warned of economic “carnage” if neighboring Britain crashes out of the European Union…
more ...In Boon for Farmers, Trump to Lift Restrictions on Ethanol
The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales…
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