A new ban imposed by India’s government on the sale of cows and buffaloes for slaughter to protect animals considered holy by many Hindus is drawing widespread protests from state governments and animal-related industries. Many state governments criticized the ban …
British Airways passengers continue to face delays, cancellations, and overcrowding Sunday at Heathrow Airport as the airline reels from a computer failure. The airline said that all long-haul flights will continue Sunday, but to avoid further overcrowding, passengers will only …
Saffron has long been one of the world’s most expensive spices. The saffron crocus that produces the spice grows mostly in parts of Europe, Iran and India. Now, a U.S. company seeking to “cultivate peace” is attracting attention to this …
U.S. President Donald Trump has told “confidants,” including the head of the Environmental Protection Agency, Scott Pruitt, that he plans to leave a landmark international agreement on climate change, the Axios news website reported Saturday, citing three sources with direct …
New data Thursday paint a mixed picture of the U.S. economy. A report on the job market shows a slight increase in the number of people signing up for unemployment assistance last week. But the data also show that the …
Nathan Singletary is beyond the traditional retirement age, but he’s only just beginning a new career — helping other low-income, unemployed Americans over age 55 find jobs. Singletary got his job through the half-century-old Senior Community Service Employment Program, a …
OPEC and other oil nations meeting Thursday appeared set to extend their production cuts in an effort to shore up prices. But the intended impact could be short-lived. That’s due to U.S. shale producers. With crude prices above $50 a …
China recently rolled out a global economic initiative known as One Belt, One Road, named after the ancient Silk Road. Chinese President Xi Jinping says the initiative is aimed at promoting international cooperation, but former U.S. officials and some business …
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that his department is reviewing licenses for Boeing Co and Airbus to sell aircraft to Iran, telling lawmakers he will increase sanctions pressure on Iran, Syria and North Korea. “We will use …
Treasury Secretary Steven Mnuchin told lawmakers on Wednesday that they should vote to increase the government’s borrowing authority — and avert a disastrous economic default — before their August recess. Within hours, the conservative House Freedom Caucus said it would …
Moody’s Investors Service downgraded China’s credit rating Wednesday – from Aa3 (Double A-3) to A1 – saying it expects China’s economy to erode in coming years as growth slows and its debt burden continues to rise. The downgrade comes as …
Hopes for a breakthrough in negotiations for cash-strapped Greece were dashed again and another deadline was set. Greece once again failed to get approval from its European creditors to receive the next batch of bailout loans that it needs to …
President Donald Trump is proposing to balance the federal budget within 10 years by slashing many social programs, including some that help the poor pay for food and medical care, called food stamps and Medicaid. Officials have outlined some new …
Gambia’s government used a court order Monday to seize assets belonging to exiled former President Yahya Jammeh. They include nearly 90 bank accounts and 14 companies linked to Jammeh. Justice Minister Abubacarr Tambadou says Jammeh stole $50 million in public …
Brazil is home to the largest rainforest on Earth. It has miles of sandy, deserted beaches, and stunning flat-topped mountains. It invented samba and a devilish little drink called the caipirinha. It has massive reserves for native peoples and charming …
Germany and France pledged Monday to seek ways to strengthen the 19-nation eurozone, with harmonizing corporate taxes among the possible measures they will mull over in the coming weeks. German Finance Minister Wolfgang Schaeuble and new French counterpart Bruno …
Boeing Co said on Sunday it had signed several defense and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft during a visit by U.S. President Donald Trump to the kingdom. The announcement is the …
The European Commissioner for Economic and Financial Affairs, Pierre Moscovici, said on Sunday he was confident an agreement between Athens and its creditors could be found at a meeting of euro zone finance ministers on Monday in Brussels. Athens needs …
The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said Saturday that it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics. “The next …
About 3 million Americans will enter the job pool this year as graduation ceremonies get underway at various colleges and universities across the United States. With unemployment at a 10-year low, 2017 is shaping up to be a good year …
About three million American university graduates will enter the job market this year. And with unemployment currently at a 10-year low, it’s a good time to be graduating, says Nicole Smith, chief economist at Georgetown University’s Center on Education and …
A sizable majority of rural Americans backed Donald Trump’s presidential bid, drawn to his calls to slash environmental rules, strengthen law enforcement and replace the federal health care law. But last month, many of them struck a sour note after …
An OPEC panel reviewing scenarios for next week’s policy-setting meeting is looking at the option of deepening and extending an OPEC-led deal to reduce oil output, OPEC sources said Friday. OPEC’s national representatives — officials representing the 13 member countries, …
The Greek Parliament approved another round of tough economic cuts and austerity measures Thursday to assure itself another installment payment of European bailout funds. Greece may have again faced bankruptcy in July without the payment. More cuts for pensioners All …