Tourist numbers in Indonesia swelled last year on the back of overseas advertising and infrastructure development. President Joko Widodo has said he wants to “create 10 tourist destinations like the …
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
Some Fear Steel Tariff Could Hurt Auto Industry in the South
German business leaders are expressing concerns that President Donald Trump’s 25 percent tariff on imported steel could affect the auto industry in the South. WABE Radio reports Mercedes-Benz USA …
your ads here!China Warns US It Will Defend Own Trade Interests
The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told U.S. Treasury Secretary Steven Mnuchin in …
your ads here!Wayne Huizenga, Who Built Fortune in Trash, Dies at 80
H. Wayne Huizenga, a college dropout who built a business empire that included Blockbuster Entertainment, AutoNation and three professional sports franchises, has died. He was 80. Huizenga died Thursday night …
your ads here!Fearing Trade War, Some US Farmers Worry About Trump China Tariffs
U.S. President Donald Trump on Thursday signed a memo paving the way for major tariffs on Chinese imports. It’s part of Trump’s plan to crack down on China’s theft of …
your ads here!US Steel, Aluminum Tariffs Activated; Some Countries Exempt
The White House announced late Thursday which countries will be temporarily exempt from the tariffs on steel and aluminum that go into effect Friday. Earlier this month, President Donald Trump …
your ads here!Indian Airliner Makes History with Flight to Israel via Saudi Airspace
Saudi Arabia opened its airspace for the first time to a commercial flight to Israel with the inauguration Thursday of an Air India route between New Delhi and Tel Aviv. …
your ads here!Toys R Us Founder Charles Lazarus Dies at 94
Just a week after the empire he started announced it is shutting down, Toys R Us founder Charles Lazarus died at 94. “There have been many sad moments for Toys …
your ads here!Trump Launches Action Toward Imposing Tariffs Against Chinese Imports
U.S. President Donald Trump signed a presidential memorandum on Thursday, initiating actions to consider imposing tariffs on a long list of nearly 1,300 Chinese imported products worth about $60 billion. …
your ads here!Trump Takes Action on Chinese Imports
U.S. President Donald Trump signed a document Thursday setting the stage for an estimated $60 billion in new tariffs on Chinese imports that could quickly lead to a trade war …
your ads here!Designed in California, Made in China: How the iPhone Skews US Trade Deficit
U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus with the United States. But a closer look at the Apple …
your ads here!Toy Company CEO Leads Effort to Save Toys R Us
Toy company executive Isaac Larian says he and other investors have pledged a total of $200 million in financing and hope to raise four times that amount in crowdfunding in …
your ads here!In Russia’s Dying Arctic City, Residents Plead for Putin to Offer Lifeline
A little more than 40 hours after leaving Moscow’s Yaroslavsky station, the Vorkuta Express pulled into its terminus after a 2,000-kilometer journey through the taiga forests and tundra of Russia’s …
your ads here!In Russia’s Dying Arctic City, Residents Plea for Putin to Offer Lifeline
About 150 kilometers inside the Arctic Circle lies the Russian city of Vorkuta, a mining outpost that is rapidly being reclaimed by the elements. Many residents abandoned the city after …
your ads here!Trump Expected to Turn Up the Heat on China in Looming Trade War
U.S. President Donald Trump is expected at any time to fire a salvo directly at China in what could escalate into a full-scale trade war between the world’s two largest …
your ads here!US Congress Races to Pass $1.3 Trillion Spending Bill
U.S. congressional leaders appeared Wednesday to have reached a deal on a $1.3 trillion spending bill as a budget deadline loomed. The bipartisan bill, which would keep the government funded …
your ads here!US, EU to Launch Fresh Round of Talks to Settle Trade Spats
The U.S. and the European Union are set to engage in a new round of talks to resolve trade disputes, including those over U.S.-proposed tariffs on steel and aluminum imports. …
your ads here!US Central Bank Slightly Bumps Up Interest Rate
Top officials of the U.S. central bank raised the key interest rate slightly Wednesday, amid strong job gains and moderate economic growth. The rate is one-quarter of a percentage point …
your ads here!Record-Size US Offshore Oil Lease Sale Draws Modest Bidding
The largest lease sale in American history in the offshore Gulf of Mexico yielded $124.76 million in winning bids Wednesday, a modest response to the Trump administration’s effort to pump …
your ads here!Peter Peterson, Billionaire and Philanthropist, Dies at 91
Peter G. Peterson, a billionaire and business executive who became one of the most prominent voices to argue for entitlement reform and reducing the U.S. national debt, died of natural …
your ads here!Report: Women Short-Changed on Commercial Land Deals in Africa
Women are often short-changed compared to men when communities are compensated or resettled during commercial land deals in Africa, and governments should take action to rectify that, researchers said Tuesday. …
your ads here!Trump Tariffs Set Off Industry Scramble for Exemptions
When Commerce Secretary Wilbur Ross held up a can of Campbell’s soup in a CNBC interview to make the case that the Trump administration’s steel and aluminum tariffs were “no …
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