The corporation behind a Florida detention camp for migrant children is abandoning its plans to go public as controversy grows around policies that lock up children crossing the Mexico border. The chairman of Caliburn International Corp., Thomas J. Campbell, sent …
The global travel industry is likely to expand by 4 percent in 2019 despite slowing economic growth in key areas such China and Europe, but a no-deal Brexit could wipe out 700,000 travel-related jobs, a top industry association said on …
India has downplayed the impact of U.S. plans to end New Delhi’s preferential trade status that allows duty free access to products worth $ 5.6 billion. Saying that India has not assured the United States that it will provide …
Treasury Secretary Steven Mnuchin informed Congress on Monday that he will stop making payments into two government retirement funds now that the debt limit has gone back into effect. In a letter to congressional leaders, Mnuchin said that he would …
Venezuelan opposition leader Juan Guaido named Harvard University economist Ricardo Hausmann as the country’s representative to the Inter-American Development Bank (IDB), Guaido’s envoy to the United States, Carlos Vecchio, wrote in a tweet on Monday. Guaido, who calls socialist President …
A U.S. judge on Monday acquitted a former top foreign exchange trader at Barclays Plc accused of illegally trading ahead of an $8 billion transaction for Hewlett-Packard, without letting the case go to a jury. The acquittal of Robert Bogucki, …
The S&P 500 and the Dow Jones industrial average snapped a three-day run of losses on Friday as optimism about the prospects for a U.S.-China trade agreement countered downbeat U.S. and China manufacturing data. The Nasdaq, meanwhile, marked its longest streak of …
U.S. consumer spending tumbled 0.5 percent in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January. The fall in consumer spending followed sizable …
Oregon Gov. Kate Brown signed the nation’s first statewide mandatory rent control measure on Thursday, giving a victory to housing advocates who say spiraling rent costs in the economically booming state have fueled widespread homelessness and housing insecurity. Brown, …
Tesla says it is now taking orders for the long-awaited $35,000 Model 3, will close stores and move to online orders. Tesla says it is now taking orders for the long-awaited $35,000 Model 3, a car for the masses that …
Gap Inc. said Thursday that it would separate its Old Navy brand into a publicly traded company in order to focus on its struggling namesake apparel business, sending its shares up 18 percent. Old Navy has had a better success than the Gap …
As Walmart moves to phase out its familiar blue-vested “greeters” at 1,000 stores nationwide, disabled workers who fill many of those jobs say they’re being ill-treated by a chain that styles itself as community-minded and inclusive. Walmart told greeters around …
Women around the world are granted only three-quarters of the legal rights enjoyed by men, often preventing them from getting jobs or opening businesses, the World Bank said in study published Wednesday. “If women have equal opportunities to reach their …
The Federal Reserve will stop shrinking its $4 trillion balance sheet later this year, Fed Chairman Jerome Powell said on Wednesday, ending a process that investors say works at cross-purposes with the Fed’s current pause on interest rate hikes. “We’ve worked out, I think, the …
Cameroonian police officers, assisted by members of the country’s elite corps, seized hundreds of containers of fuel illegally transported from Nigeria by suspected Central African Republic rebels in the northern town of Mbe, Cameroon. Rigobert Ojong, a member of a …
U.S. aerospace manufacturer Boeing said on Tuesday it has nominated Nikki Haley, former U.S. ambassador to the United Nations and a close ally of President Donald Trump, to join its board of directors at the company’s annual shareholders meeting on …
Brazilians are split on a proposed overhaul of the country’s pension system, a poll showed on Tuesday, while most said they approve of right-wing President Jair Bolsonaro’s performance. In one of the first major surveys since Bolsonaro’s Jan. 1 inauguration, …
Kenya’s ride-hailing company ‘Little Cab’ is expanding to Tanzania and Ghana. The company will start offering rides in Tanzania’s commercial capital Dar es Salaam next week and plans to launch in Accra by May. VOA’s Mariama Diallo reports. …
A slowing economy is unlikely to crimp China’s 2019 defense budget rise, as Beijing earmarks more spending for modernization and big-ticket items like stealth jets, and focuses on Taiwan after a stern new year’s speech from President Xi Jinping. The …
Relief swept across world financial markets Monday after President Donald Trump pushed back a March 2 deadline in a trade dispute with China. But the respite might not last. The world’s two biggest economies have squared off over …
Afghanistan has started shipping goods to India for the first time through a newly developed Iranian seaport in a bid to improve exports and reduce reliance on routes through its uneasy neighbor, Pakistan. Afghan President Ashraf Ghani traveled Sunday to …
Trump Postpones New Trade Tariffs on China …
The United States and China are discussing a meeting between their two leaders soon to finalize a trade agreement. To move things forward, the latest round of trade talks between senior officials is being extended into the weekend. As Nike …
Stocks rose in major markets around the world Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts. U.S. President Donald Trump said …