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 China’s lack of currency transparency and the recent weakness in …
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 as soon as they rolled out of bed in a …
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 U.S.-Chinese trade tensions. Tesla, based on Palo Alto, California, announced …
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 of a U.S.-based Saudi journalist in Turkey. At first, many …
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 a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, …
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 American workers, farmers, ranchers and businesses,” U.S. Trade Representative Robert Lighthizer …
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 & Poor’s 500 rose 59.13 points, or 2.2 percent, to 2,809.92 with …
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 growth. Job openings rose a slight 0.8 percent to 7.14 …
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 weeks, more than $30 billion in projects have been scrapped …
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 was the biggest deficit since 2012, and $113 billion more …
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 say Zimbabwe’s crisis is not over, as people have no …
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 is well-supplied and balanced, a senior U.S. official said on …
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 Phoenix and Las Vegas, according to an analysis of data …
Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be viable or will …
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not …
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 loss since late March. Technology and internet companies were some …
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 stands to lose if trade wars are allowed to escalate. …
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 “crazy.” Trump’s use of the word correction to describe the …
Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some …
U.S. stocks posted their worst loss since February on Wednesday, the Dow Jones industrial average finishing the day down more than 800 points. The losses were widespread as bond yields remained high after steep increases last week. Companies that have been …
The Treasury Department has issued new rules on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules represent the latest escalation in an intensifying economic conflict between …
A new U.N. report finds a dramatic increase in the amount of economic loss incurred from natural disasters during the past 20 years, with climate-related disasters driving expensive property and infrastructure damage to new heights. The report finds so-called geophysical …
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 rail service mirrors the decline in the country’s economic fortunes …
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 bribery case, prosecutors on Sept. 14 dropped all criminal charges …