Across Maracaibo, the capital of Venezuela’s largest state, residents unplug refrigerators to guard against power surges. Many only buy food they will consume the same day. Others regularly sleep outside. …
your ads here!Economy
Economy news. Economy refers to the system of production, distribution, and consumption of goods and services within a society. It encompasses everything from individual spending and business operations to government policies and international trade. The economy is influenced by numerous factors, including supply and demand, inflation, employment rates, and fiscal policies
German Farmers Step Up $1B Aid Call After Drought Damage
German farmers intensified calls for around 1 billion euros ($1.17 billion) in special aid on Tuesday after crop damage from a drought and heatwave, but Berlin said it would wait …
your ads here!50 Years on, McDonald’s and Fast-Food Evolve Around Big Mac
McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it isn’t changing the makings of its most famous burger. The company is celebrating the 1968 …
your ads here!Accusations Fly as US Firms Seek to Avoid Trump’s Steel Tariff
U.S. companies seeking to be exempted from President Donald Trump’s tariff on imported steel are accusing American steel manufacturers of spreading inaccurate and misleading information, and they fear it may …
your ads here!Trump Suspends Duty-free Status for Rwanda’s Apparel Exports to US
U.S. President Donald Trump has suspended Rwanda’s ability to ship apparel products duty-free to the United States due to a trade dispute over Rwanda’s increased tariffs on American used clothing …
your ads here!US’s Pompeo Warns Against IMF Bailout for Pakistan That Aids China
U.S. Secretary of State Mike Pompeo warned on Monday that any potential International Monetary Fund bailout for Pakistan’s new government should not provide funds to pay off Chinese lenders. In …
your ads here!Lopez Obrador Looks to Tree Planting to Create Mexico Jobs
Mexican President-elect Andres Manuel Lopez Obrador says he wants to create 400,000 jobs by planting 1 million hectares (2.47 million acres) with timber and fruit trees. Lopez Obrador said …
your ads here!Pompeo to Announce US Economic Initiatives in ‘Indo-Pacific’
Building on President Donald Trump’s “Indo-Pacific” strategy, U.S. Secretary of State Mike Pompeo will announce a series of investment initiatives in Asia on Monday focusing on digital economy, energy and …
your ads here!White House Economic Adviser Sees Sustainable US Growth
White House economic adviser Larry Kudlow said Sunday he believes the 4.1 percent growth the U.S. recorded in the last three months is sustainable in the coming months despite skepticism …
your ads here!G-20 Ag Ministers Slam Protectionism, Pledge WTO Reforms
Agriculture ministers from the G-20 countries criticized protectionism in a joint statement Saturday and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the …
your ads here!AP Fact Check: Trump Falsely Claims Historic Turnaround
President Donald Trump falsely claimed he’s pulled off “an economic turnaround of historic proportions.” Speaking at the White House Friday after the government reported that the economy grew at an …
your ads here!Trump Says Economy Numbers Sustainable, But Experts Doubtful
Friday’s positive numbers on the U.S. economic growth are “very, very sustainable,” according to U.S. President Donald Trump. His comments came after figures showed U.S. GDP growth hit 4.1 percent …
your ads here!Court: Starbucks, Others Must Pay Workers for Off-Clock Work
Starbucks and other employers in California must pay workers for minutes they routinely spend off the clock on tasks such as locking up or setting the store alarm, the state …
your ads here!WTO Chief: Global Economy Will Falter if Trade War Continues
The Director General of the World Trade Organization, Roberto Azevedo warns the global economy will run out of steam and millions of jobs will be lost if political leaders do …
your ads here!US Toymaker Mattel to Layoff 2,200 Worldwide
Mattel, home of Barbie dolls and Hot Wheels, is cutting 2,200 jobs in order to save money after the closing of U.S. toy retail giant Toys R Us. The toymaker …
your ads here!Mexico, Canada, Stress Common Front in NAFTA Talks
Mexican and Canadian officials are stressing that talks on the North American Free Trade Agreement will remain a three-way negotiation, despite suggestions by U.S. President Donald Trump that he might …
your ads here!BRICS Leaders Cite Concerns About Protectionist Policies
Leaders from the five BRICS nations sounded the alarm Wednesday about what South Africa’s president described as recent threats to multilateralism and sustainable global growth — a not-so-coded reference to …
your ads here!Trump Attacks China’s Tariffs on US Farm Products
U.S. President Donald Trump attacked China on Wednesday for targeting American farm products with new tariffs in what he said would be a failed effort to gain a trade advantage …
your ads here!Sergio Marchionne, Who Saved Fiat and Chrysler, Has Died
Sergio Marchionne, a charismatic and demanding CEO who engineered two long-shot corporate turnarounds to save carmakers Fiat and Chrysler from near-certain failure, died Wednesday. He was 66. The holding company …
your ads here!Trump, EU’s Juncker Set To Meet Amid Tariff Dispute
Tariffs are set to top the agenda in a meeting Wednesday between U.S. President Donald Trump and European Commission President Jean-Claude Juncker. Juncker is coming to Washington with the hopes …
your ads here!China’s Caffeine War: Fast-growing Luckin Brews Up a Threat to Starbucks
Qian Zhiya may be Starbucks’ worst nightmare. The 42-year-old Chinese entrepreneur says she is betting that her fledgling Luckin Coffee brand will eventually have more cafes in China than Starbucks, …
your ads here!El Salvador Declares Emergency to Ensure Food Supply in Severe Drought
El Salvador on Tuesday began taking emergency measures in a drought that has plagued the country for a month and cost tens of thousands of farmers their corn crops, the …
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