The Dow Jones Industrial Average broke through the 25,000-threshold for the first time Thursday, and notched another 1,000-point milestone. The index of blue-chip stocks is studded with industrial heavyweights such …
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
Australia Plans Legal Cannabis Exports to a Lucrative World Market
Australia said Thursday it planned to become the fourth country in the world to legalize medicinal marijuana exports in a bid to score a piece of the estimated $55 billion …
your ads here!US Auto Sales Decline, Ending Record Streak
Auto sales in the United States fell by 2 percent in 2017, the first decline in seven years. Ford Motor reported Wednesday that its new vehicle sales fell 1 percent, …
your ads here!African Conservationists Praise China’s Ivory Ban
The sale of ivory just became illegal in mainland China, a move heralded by conservationists, who say the legal trade has been providing cover for its illegal counterpart, perpetuating the …
your ads here!Spotify Hit With New Copyright Lawsuit in US
A music publisher is seeking at least $1.6 billion from Spotify for alleged copyright violations, the latest lawsuit to hit the fast-growing streaming company. Wixen Music Publishing Inc., which holds rights to …
your ads here!Brazil Closes Out 2017 with Record Trade Surplus
Brazil’s road to economic recovery has passed another milestone with official data showing Tuesday that the country finished 2017 with a record trade surplus 40.5 percent higher than in the …
your ads here!US Coal Mining Deaths Surge in 2017 After Hitting Record Low
Coal mining deaths surged in the U.S. in 2017, one year after they hit a record low. The nation’s coal mines recorded 15 deaths last year, including eight in West …
your ads here!Studies: 2017 Was Safest for Air Travel Industry
2017 was the safest year on record for the commercial airline industry, two new reports said. No major airline experienced a plane crash anywhere in the world, the Dutch aviation …
your ads here!2017 Safest Year on Record for Commercial Passenger Air Travel
Airlines recorded zero accident deaths in commercial passenger jets last year, according to a Dutch consulting firm and an aviation safety group that tracks crashes, making 2017 the safest year …
your ads here!Crisis of Expectations: Iran Protests Mean Economic Dilemma for Government
Iran’s President Hassan Rouhani may have to step back from some of his core economic policies in the face of nationwide protests by tens of thousands of people frustrated by …
your ads here!California Begins Recreational Marijuana Sales
More than two decades after California became the first U.S. state to legalize medical marijuana use, on January first it becomes the final West Coast state to legalize pot for …
your ads here!China’s 2017 Movie Ticket Sales Rise 13.5 Percent
China’s total domestic movie ticket sales rose 13.5 percent in 2017 to 55.9 billion yuan ($8.6 billion), a state news agency said Monday. The top-grossing title was the mainland-made action …
your ads here!Disasters Pounded North America in 2017 but Were Down Globally
North America couldn’t catch a break in 2017. Parts of the United States were on fire, underwater or lashed by hurricane winds. Mexico shook with back-to-back earthquakes. The Caribbean got …
your ads here!Wall Street Ends Strong Year on Quiet Note
There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their best year since 2013 on a down note, with …
your ads here!Brands Map ‘Invisible’ Shoemakers in South India
When the 55-year-old woman stood up to speak at a meeting of shoemakers in south India earlier this month, she was seeing her employers for the first time. She told …
your ads here!Trump Targets Amazon in Call for Postal Service to Hike Prices
President Donald Trump returned to a favorite target Friday, saying that the U.S. Postal Service should charge Amazon.com more money to ship the millions of packages it sends around the …
your ads here!Philippines Preps Economy for Bumper Year in 2018
Officials in the Philippines, one of Asia’s fastest growing economies, are planning a series of economic stimulus measures in 2018 to ease poverty and compensate for a lag in foreign …
your ads here!Trump Administration Rescinds Rules for Drilling on Public Land
President Donald Trump’s administration is rescinding proposed rules for hydraulic fracturing and other oil- and gas-drilling practices on government lands, government officials announced Thursday. The rules developed under President Barack …
your ads here!China Gets Its Wine On
By 2020, China could become the world’s second-largest wine consumer, behind the United States, according to a report by Vinexpo, a leading wine exhibition. “Nowadays, many people in China have …
your ads here!US Economic Momentum Expected to Continue in 2018
Despite initial concerns about an untested new leader, the world’s largest economy will end the year on a high note. The US economy is expanding at the fastest pace in …
your ads here!As Online Shopping Grows, UPS Sees Record Holiday Package Returns
United Parcel Service Inc is on track to return a record number of packages this holiday shipping season, a sign that e-commerce purchases surged to new heights over the past …
your ads here!Airbus Reportedly Ready to Ax A380 If It Fails to Win Emirates Deal
Airbus is drawing up contingency plans to phase out production of the world’s largest jetliner, the A380 superjumbo, if it fails to win a key order from Dubai’s Emirates, three …
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