The European Union and China recommitted Friday to the 2015 Paris climate deal, one day after the United States announced it would withdraw from it. In a joint statement, the EU and China said climate change and clean energy “will …
The U.S. trade deficit rose in April to the highest level since January. The politically sensitive trade gap with China registered a sharp increase. The Commerce Department said Friday that the U.S. trade gap in goods and services climbed …
The price of oil has fallen sharply as investors bet that President Donald Trump’s decision to pull the United States out of the Paris climate agreement will increase the country’s oil and gas production. The cost of a barrel of …
The heated debate over India’s cash ban continues, with critics saying it slowed an economy that was growing, while the government says economic momentum was barely affected. Critics say the scrapping of 86 percent of the country’s currency last November …
Long the preserve of geeky enthusiasts, bitcoin is going mainstream in Asia, attracting Mrs Watanabe — the metaphorical Japanese housewife investor — South Korean retirees and thousands of others trying to escape rock-bottom savings rates by investing in the cryptocurrency. …
Exactly eight years after the Great Recession ended, the U.S. job market has settled into a sweet spot of steadily solid growth. The 4.4 percent unemployment rate matches a decade low. Many people who had stopped looking for jobs …
A jail in Chicago is serving some of the best Italian pizza in town. Inmates are making gourmet pizzas for their fellow prisoners. It’s part of a training program called Recipe for Change in which the inmates can acquire skills …
U.S. Treasury Secretary Steven Mnuchin said on Thursday he was confident that Congress would raise the federal debt limit “before there’s an issue” with U.S. creditworthiness, and he pledged that the Trump administration’s tax reform plans would be paid for. …
President Donald Trump is moving the United States out of the Paris climate agreement, signed by nearly 200 other nations. Trump said Thursday that the Paris agreement hurts U.S. economic growth, costs millions of American jobs and puts U.S. firms …
A Chinese company that makes shoes for Ivanka Trump and other brands denied allegations Thursday of excessive overtime and low wages made by three activists who have been arrested or disappeared. The Associated Press reported Tuesday that Hua Haifeng, an …
The business relationship between China and Europe is showing several contradictory trends as Beijing seeks to protect its own state-owned enterprises (SOEs) and its leaders seek foreign investments promising further liberalization in rules. Chinese Premier Li Keqiang was in Berlin …
Canada’s defense minister repeated a threat Wednesday to cancel the purchase of 18 fighter jets from Boeing Co. because of the company’s trade complaint against Canadian plane maker Bombardier. Harjit Sajjan said Boeing’s action against Bombardier is “unfounded” and …
Major investors put U.S. industry on notice Wednesday that climate change matters, even as reports emerged that President Donald Trump plans to withdraw the United States from an international pact to fight global warming. A number of large institutional fund …
The head of a New York-based advocacy group has called on President Donald Trump and his older daughter to help secure the release of three men who reported labor violations at a Chinese company that makes shoes bearing the Ivanka …
When Rajnish Dhall’s driver wanted to borrow money to buy a home, Dhall suggested he go to a bank. But without proof of income or tax returns to show his credentials, the driver said no bank would lend to him. …
A group of Senate Democrats has sent a letter to U.S. President Donald Trump requesting information about a raft of trademark approvals from China this year that they say may violate the U.S. Constitution’s ban on gifts from foreign governments. …
Vietnamese Prime Minister Nguyen Xuan Phuc said Tuesday that he would sign deals for U.S. goods and services worth $15 billion to $17 billion during his visit to Washington, mainly for high-technology products and for services. “Vietnam will increase the …
Mexico’s foreign minister says the country is “inevitably” set to review rules of origin when renegotiating the North American Free Trade Agreement, giving a boost to President Donald Trump’s manufacturing push. Foreign Relations Secretary Luis Videgaray said Tuesday at an …
A man investigating working conditions at a Chinese company that produces Ivanka Trump-brand shoes has been arrested and two others are missing, the arrested man’s wife and an advocacy group said Tuesday. Hua Haifeng was accused of illegal surveillance, according …
Fuel shortages have paralyzed the small central African nation of Burundi, threatening further damage to an economy already moribund after years of political violence and raising questions about the role of the country’s only oil importer. The problem has damaged …
In a roadside cafe in Kenya’s majestic highlands, Elly Sigilai cradled a steaming mug of tea and recalled how 17 relatives died after British colonialists ousted them in 1934 to plant tea on their family land. The 79-year-old is one …
With retail stores shutting down at the fastest pace since the crash of 2008, the head of the American Booksellers Association is grateful to see business holding steady. After seven straight years of growth, core membership in the independent …
At Café Bar-Ba-Reeba on Chicago’s north side, there is one key ingredient that could make or break Executive Chef Matt Holmes’ menu. “We feature it in our paeallas, which are our signature dish here at Café Bar Ba Reeba, as …
Cross-border fighting between Afghanistan and Pakistan has suspended trade worth millions of dollars and stranded hundreds of trucks loaded with fruits and vegetables at the border, where the produce stands to spoil in the rising heat. Pakistan had temporarily closed …