U.S. Treasury Secretary Steven Mnuchin said Saturday after meeting with officials from the world’s other industrialized democracies that he thought they were more at ease with Donald Trump’s economic policies. “People are more comfortable today, now that they’ve had the …
A global cyber attack on Friday affected British hospitals, government agencies and companies in 99 countries, with Russia, Ukraine and Taiwan the top targets, security software maker Avast said. Hacking tools widely believed by researchers to have been developed by …
From the United States and Canada to small islands in Europe and the Caribbean, Chinese are spending billions on new passports and visas to move their families away from their homeland. China’s middle and upper classes are demanding better schools, …
In a move that is likely to give a boost to China’s Belt and Road Forum, the United States has announced that it will participate in meetings on the initiative beginning this weekend in Beijing. The decision to attend is …
Like thousands of other small-business entrepreneurs in India, Charanjit Yadav saw his sales of generator sets and batteries plummet in the weeks after the government’s surprising move to scrap 86 percent of the country’s currency last November. Six months on, …
Apple says it will give $200 million to Corning Inc. so it can invest in a Kentucky plant that makes glass screens for iPhones and iPads. The California-based company says the money will come from its Advanced Manufacturing Fund. It …
U.S. consumers bought more cars and hardware, and stepped up online purchases in April, after two months of sluggish sales. Friday’s report from the Commerce Department says retail sales rose four-tenths of a percentage point in April, and sales were …
A sweeping trade agreement, ranging from banking to beef, has been reached between Washington and Beijing, the U.S. Commerce Department announced on Thursday. “It was pretty much a Herculean accomplishment to get this done,” said U.S. Commerce Secretary Wilbur Ross. …
Kongkaew Vonusak smiles when he recalls the arrival of Chinese investors in his tranquil village in northern Laos in 2014. With them came easy money, he said. The Chinese offered villagers up to $720 per hectare to rent their land, …
Ideas were flying at a brainstorming session to create a slogan for a group of North Carolina Democrats when Catherine Cloud blurted out a phrase that made a colleague’s eyes light up: “Because this is America.” The words were quickly …
The head of the U.S. Small Business Administration urged American businessmen and entrepreneurs to enter the global market, telling the United Nations on Thursday that just 1 percent of small businesses are currently exporting overseas. Linda McMahon said the nearly …
The sister of White House adviser Jared Kushner won’t be attending an investor conference in China this weekend as reported after she was criticized for trying to raise money there last weekend, using the lure of a U.S. visa program. …
Iraq and Algeria support the extension of oil production cuts by OPEC and non-OPEC producers through the end of the year to try to boost prices, they said in a joint statement Thursday. The oil ministers of the two countries …
Uber is launching its private ride-hailing service in the Myanmar commercial capital of Yangon on Thursday, aiming to tap into one of the world’s youngest and fastest-growing online markets. The launch follows Singapore-based GrabTaxi’s debut by about two months. Uber …
Housing foreclosure activity in the United States dropped to the lowest level since 2005 last month, according to a business research group. ATTOM Data Solutions tracks default notices, auctions and bank repossessions across the nation and says the number of …
China’s President Xi Jinping initiated the ambitious Belt and Road development plan but it has become a world plan not tied to his presidency, the Commerce Ministry said Wednesday, days before Xi hosts a global forum on the initiative. The …
Analysts at a liberal research institution in Washington say U.S. employers are stealing $15 billion a year from workers by failing to pay legally required minimum wages. The Economic Policy Institute says the wage theft hits nearly one-fifth of low …
Yemen’s planning minister says 60 percent of the country’s population is in dire poverty more than two years since the Shi’ite rebels forced the country’s internationally recognized government and president out of the capital. Mohamed El-Saadi says 22 million …
In August, 2014, planners in the northeastern Chinese city of Hunchun argued in state media that it should be included in the “One Belt, One Road” project, Beijing’s vision laid out the previous year of a new Silk Road across …
Mexico is embarking on a strategy to combat illegal pipeline thefts that includes going after those who purchase and deal in stolen fuel as well as the thieves, the country’s treasury secretary said Tuesday. Jose Antonio Meade said it’s …
Four U.S. states filed a lawsuit Tuesday over President Donald Trump’s decision to restart the sale of coal leases on federal lands, saying the Obama-era block of the leasing program was reversed without studying what’s best for the environment and …
The U.S. economy won’t achieve the Trump administration’s 3 percent growth goal this year and not until all of its tax, regulatory, trade and energy policies are fully in place, Commerce Secretary Wilbur Ross said on Tuesday. Ross also said …
Now onto his third job since finishing high school a decade ago, Festus Chege is hoping his latest venture as a water vendor in Githurai, a growing suburb to the south of Kenya’s capital Nairobi, will pay off. Like many …
The U.S. Treasury on Tuesday launched an upgrade of a website to allow for the first time the tracking of all federal government spending categories, which totaled $3.85 trillion last year. The new Beta.USAspending.gov website culminates a three-year initiative to …