U.S. Commerce Secretary Wilbur Ross held out hope Thursday that the Trump administration will revive the U.S. Export-Import bank’s full lending powers, saying the institution is part of its “trade toolbox” to boost exports. The U.S. government trade lender has …
Conservative activist groups that generally support Republicans but oppose a pro-export, anti-import Republican tax proposal released a study on Thursday estimating its impact on individual U.S. states, underscoring the party’s division over taxes. The two activist groups, backed by billionaire …
White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their consumer-lending businesses from their investment arms. The National Economic Council director, also a former …
Protesters in Argentina clashed with police during marches over government austerity measures on Thursday as labor unions challenged President Mauricio Macri in the first general strike since he took office 16 months ago. Security forces used high-powered water cannon and …
Brazilian President Michel Temer plans to water down its landmark pension reform proposal to ease lawmakers’ resistance to the controversial bill key to rebalance the government’s depleted finances. Temer said in a radio interview on Thursday he has authorized the …
Many companies aim for “Best in Class” status, but some are seeking another “B” — B corporation certification. Certified B corporations, or “B corps,” address the growing consumer interest in supporting socially and environmentally responsible companies. B corps are essentially …
Many companies aim for B Corporation certification. Certified “B corps” address the growing demand for social and environmental responsibility. And more consumers are letting their wallets do the talking, aligning with business that complement their personal values. VOA’s Tina Trinh …
Mexico’s central bank chief said Wednesday the bank altered course on how to protect the peso after a couple of tweets by U.S. President Donald Trump in early January pummeled the currency to near historic lows and wiped out the …
Asia’s developing economies will see steady growth this year and the next, though the evolving policies of President Donald Trump’s administration are a major uncertainty, the Asian Development Bank said in a report Thursday. The Manila, Philippines-based lender forecast growth …
With 70 percent of the world’s population expected to live in cities by 2050, getting urban planning right is crucial to ensuring future cities are safe, resilient and fair places, particularly for the poorest residents, experts said Wednesday. As Africa …
Three years ago, 14-year-old Julius left his family near the lakeside city of Mwanza, Tanzania, to try his luck mining gold. Today, Julius is in no hurry to leave, despite having one of the riskiest jobs on a chaotic mine …
Some big American coal companies have advised President Donald Trump’s administration to break his promise to pull the United States out of the Paris Climate Agreement — arguing that the accord could provide their best forum for protecting their global …
Michael Evangelista-Ysasaga wants to build a humane wall on the border between the U.S. and Mexico. That is one reason the Mexican-American answered a call from U.S. Customs and Border Protection for proposals on sections of the wall to be …
With legislation overhauling taxes and health care on an uncertain path, President Donald Trump returned to the familiar. Trump brought 52 business leaders from New York City to the White House Tuesday to talk about another favorite campaign issue — …
Turkish gold imports rose 17-fold to 28.2 tons in March, as Turks looking to hedge currency risk ahead of a referendum in two weeks time followed President Tayyip Erdogan’s calls to buy gold instead of dollars. After the sharpest falls …
Large numbers of job seekers from around the world are filing applications at U.S. federal offices as the season opened Monday for H1-B visas for foreign workers. H1-Bs allow employers – mostly high-tech firms – to hire skilled foreign …
An innovator at Kenya’s Lake Victoria has turned an invasion of water hyacinth into a business opportunity, making paper from the weed that he sells in local shops. The initiative is creating jobs and supporting environmental sustainability. Michael Otieno began …
Recent political turmoil in South Africa has come at a cost, with ratings agency S&P Global saying a controversial Cabinet reshuffle and growing pressure on the president to resign have lowered the country’s sovereign credit rating to “junk” status. Economists …
The U.S. plane maker Boeing said Tuesday it agreed to sell 30 of its 737 MAX jets to Iran’s Aseman Airlines, a deal worth $3 billion. The sale marks the second such Boeing deal made possible by the 2015 nuclear …
South Korea’s Hyundai Motor Co. and Kia Motors Corp. have slashed vehicle production in China, sources said, as diplomatic tensions and competition from Chinese brands play havoc on sales and threaten earnings. China, the world’s biggest auto market, accounted for …
The U.S. Department of Homeland Security announced steps on Monday to prevent the fraudulent use of H1B visas, used by employers to bring in specialized foreign workers temporarily, which appeared to fall short of President Donald Trump’s campaign promises to …
The effects of the 2008 financial crisis are still being felt, says the International Monetary Fund’s Managing Director Christine Lagarde. She cites a new IMF study showing global productivity has slowed to 0.3 percent over the last decade, lower than …
Japanese big manufacturers’ business confidence improved for a second straight quarter to hit a one-and-a-half year high in March, a closely watched central bank survey showed, a sign the benefits of an export-driven economic recovery were broadening. Service-sector sentiment improved …
Training for the Boston Marathon has left Tommy Race feeling spent. His bank account, too: Race’s Boston adventure will cost about $2,000. “It’s a lot of money, but it’s also a vacation,” said Race, a high school math teacher …