Another torrent of selling gripped Wall Street on Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the benchmark S&P 500 …
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Saudi Crown Prince Expects Economic Growth of 2.5 Percent in 2018
Saudi Crown Prince Mohammed bin Salman said on Wednesday the kingdom will continue with reforms and spending on infrastructure, predicting the economy will grow by 2.5 percent this year. Speaking …
your ads here!Rust Belt’s Got Talent, But No Money
Julius Wakam worked in auto manufacturing for 11 years before being laid off in 2008. Today, the married father of three has a job at a hardware store to make …
your ads here!UK Watchdog: Smugglers to Exploit Border if no Brexit Deal
Smugglers and other organized criminals are likely to exploit gaps in border enforcement if Britain leaves the European Union without an agreement, a watchdog warned Wednesday, amid a growing chorus …
your ads here!No US High-ranking Officials to Attend China Investment Fair
The U.S. will not send a high-ranking official to attend a major investment fair in China next month, the U.S. Embassy said Wednesday, in a move underscoring worsening trade frictions …
your ads here!Islamic Banking Grows in Africa Amid Booming Muslim Population
Islamic-style banking is on the rise worldwide, showing especially strong growth in Africa recently, according to the rating agency Moody’s. This type of banking system doesn’t charge or pay interest, …
your ads here!US Lawmaker Vows to Work Toward New Trump Tax Cut
The top Republican lawmaker on tax policy in the U.S. House of Representatives said Tuesday that he was working with the White House and Treasury to develop a new 10 percent middle-class tax …
your ads here!Syria’s Food Production Hits 29-Year Low
A report by the Food and Agriculture Organization and World Food Program finds extreme weather conditions in Syria have caused the lowest production of wheat and barley for nearly three …
your ads here!First Sign Language Starbucks Opens in Washington DC
Coffee drinkers in the nation’s capital can now order that tall pumpkin spice iced skim latte in sign language. Starbucks has opened its first U.S. “signing store” to better serve …
your ads here!Wall Street Indices Fall; Oil Tumbles on Demand Worries
Wall Street indexes fell in Tuesday’s volatile session, though they pared losses sharply by the closing bell as investors looked for bargains. Oil dropped sharply on demand worries. After falling as much …
your ads here!Foreigners Sold Net $1.1 BLN of Saudi Stocks in Week to Oct 18
Foreigners sold a net 4.01 billion riyal ($1.07 billion) in Saudi stocks in the week ending Oct. 18, exchange data showed on Sunday – one of the biggest selloff since …
your ads here!IMF Reaches Deal with Ukraine on New $4 Billion, 14-Month Loan
The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion. The …
your ads here!Women-to-Women Business Fund Comes to Britain
A women-to-women investment fund is coming to Britain next month to boost financing for female-owned businesses, its founder said Thursday, as efforts grow to close the gender investing gap. SheEO …
your ads here!US Stocks Slide on Saudi Arabia, Italy Concerns
U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted about the possibility of strained relations between the United States and …
your ads here!Russian Firms Test Non-Dollar Deals to Sidestep US Sanctions
Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian …
your ads here!Warsaw Taxis Hold Anti-Uber Go Slow
Hundreds of taxis on Thursday drove at a snail’s pace across the Polish capital Warsaw in protest at the ride-sharing app Uber and other unlicenced competitors. Other cab drivers gathered …
your ads here!Mnuchin Pulls US Out of Saudi Investment Conference
U.S. Treasury Secretary Steve Mnuchin has pulled out of an investment conference next week in Saudi Arabia, as Riyadh continues to face questions about its involvement in the disappearance and …
your ads here!Why America Stopped Shopping at Sears
In the late 1960s, while fledgling new retailers Walmart, Kohl’s, Kmart and Target were hard at work establishing a foothold in the hearts, minds and wallets of the American consumer, …
your ads here!US Again Declines to Label China a Currency Manipulator
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 …
your ads here!Jubilant Customers Light Up as Marijuana Sales Begin in Canada
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 …
your ads here!Tesla Secures Land in Shanghai for First Factory Outside US
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 …
your ads here!Many CEOs Pull Out of Saudi Investment Conference
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 …
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