Brazilian President Jair Bolsonaro on Monday fired one of his most senior aides and cabinet members, Gustavo Bebianno, amid a scandal involving campaign financing for some of his party’s congressional candidates. Bebianno was secretary general of the president’s office. His …
Chinese police have investigated 380 online lenders and frozen $1.5 billion in assets following an avalanche of scandals in the huge but lightly regulated industry, the government announced Monday. Beijing allowed a private finance industry to flourish in order to …
President Donald Trump said Sunday “big progress” is being made in U.S. trade talks with China on what he calls “so many different fronts.” “Our country has such fantastic potential for future growth and greatness on an even higher level,” …
It’s billed as North America’s largest and longest-running auto show, now in its 111th year. The 2019 Chicago Auto Show offers a lineup of nearly 1,000 vehicles occupying nearly 1 million-square-feet of space at the McCormick Place Convention Center. A …
The store checkout line may be a thing of the past sooner than we think. A year after Amazon opened its first store without a cashier, retailers and start-ups are competing to get similar technology in other stores worldwide, so …
President Donald Trump received an update on trade talks with China on Saturday at his Florida retreat after discussions in Beijing saw progress ahead of a March 1 deadline for reaching a deal. Trump, at his Mar-a-Lago club, was briefed in person by …
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kan.-based chain said …
Chinese President Xi Jinping met Friday with members of the U.S. trade delegation in Beijing where China and the U.S. are attempting to hammer out a trade deal. U.S. Treasury Secretary Steven Mnuchin posted on Twitter Friday that he and …
Some taxpayers are getting a bitter surprise this year as their usual annual tax refunds have shrunk — or turned into tax bills — even though President Donald Trump loudly promised them largest tax cut “in American history.” And with …
The Somali government says it will award exploration licenses to foreign oil companies later this year, despite calls from the opposition to wait until laws and regulations governing the oil sector are in place. Seismic surveys conducted by two British …
A new report finds the world’s unemployment rate has dropped to five percent, the lowest level since the global economic crisis in 2008. The International Labor Organization reports the jobs being created, however, are poor quality jobs that keep most …
Democrats pushed on Tuesday for a nationwide paid family leave system in the United States, the only developed nation that does not guarantee pay to workers taking time off to care for children or other relatives. The proposal would establish …
American whiskey makers are feeling the pain after their major overseas markets imposed hefty duties on their liquor in retaliation against President Donald Trump’s tariffs on aluminum imports. U.S. global whiskey exports, which include rye and bourbons, recorded a nifty …
Federal Reserve Chairman Jerome Powell traveled Tuesday to a historically black university in the Mississippi Delta to deliver a message that the nation’s prosperity has not been felt in many such areas around the country. Powell said that many …
Ugandans will be able to buy government securities through a mobile money platform in a move by the east African country to become less dependent on commercial banks and institutional investors for its funding. The government said in a statement …
Disruptions from last month’s partial government shutdown caused a “shocking” deterioration in the IRS’ telephone help for taxpayers in the first week of the filing season, the agency’s watchdog said in a report released Tuesday. In the week of Jan. …
Toys R Us fans in the U.S. should see the iconic brand re-emerge in some form by this holiday season. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, …
Battling a sharp rise in food costs, Turkish authorities opened their own markets on Monday to sell cheap vegetables directly to shoppers, cutting out retailers who the government has accused of jacking up prices. Crowds queued outside municipality tents to …
Mexican President Andres Manuel Lopez Obrador said on Monday contracts private companies have with state-run power utility CFE should be revised to keep electricity prices low, sending shares in one Mexican contractor tumbling “We are urging companies that have agreements …
U.S. Steel Corp. will restart construction on an idled manufacturing facility in Alabama, and it gave some of the credit to President Donald Trump’s trade policies in an announcement Monday. Trump’s “strong trade actions” are partly responsible for the resumption …
International Monetary Fund chief Christine Lagarde on Sunday met Pakistani Prime Minister Imran Khan and assured him that IMF stands ready to support his country. The meeting took place on the sidelines of the World Government Summit in Dubai, hosted …
A portion of TransCanada Corp’s Keystone oil pipeline remained shut on Thursday for investigation of a possible leak on its right-of-way near St. Louis, Missouri, a company spokesman said. TransCanada shut the pipeline on Wednesday between Steele City, Nebraska and …
Fiat Chrysler Automobiles NV and Robert Bosch have agreed to pay lawyers representing owners of U.S. diesel vehicles $66 million in fees and costs, according to court filing on Wednesday and people briefed on the matter. In a court filing …
President Donald Trump says Treasury Department official David Malpass is his choice to lead the World Bank. Trump introduced Malpass on Wednesday as the “right person to take on this incredibly important job.” Malpass is a sharp critic of the …