Despite concerns about low inflation in the United States, the head of the U.S. central bank says raising interest rates gradually would be the most appropriate policy stance for 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
Mexico Tallying Economic Cost of Big Earthquake
Mexican officials are tallying up the economic losses of the magnitude 7.1 earthquake that caused widespread damage in the capital, as the number of buildings that may need to be …
your ads here!India Unveils $2.5B Plan to Electrify All Households by End of 2018
India’s Prime Minister Narendra Modi on Monday launched a $2.5 billion project to electrify all of the country’s households by the end of 2018. More than 40 million households – …
your ads here!Turkey’s Erdogan Threatens to Cut Off Oil From Iraq’s Kurdish Area Over Referendum
President Tayyip Erdogan warned on Monday that Turkey could cut off the pipeline that carries oil from northern Iraq to the outside world, intensifying pressure on the Kurdish autonomous region …
your ads here!Brazil to Reinstate Protection for Amazon Reserve
Brazil will reinstate a mining ban in a vast area of the Amazon rainforest, the government announced on Monday, in an about-face that is a victory for environmentalists who feared …
your ads here!Top US NAFTA Negotiator Sees No Problem With Pace of Talks
The top U.S. negotiator at talks to modernize the NAFTA trade pact on Monday dismissed questions about why his team had so far failed to produce specific proposals on key …
your ads here!Guardian Newspaper: Deloitte Hit by Sophisticated Cyber Attack
Global accountancy firm Deloitte has been hit by a sophisticated hack that resulted in breach of confidential information and plans from some of its biggest clients, Britain’s Guardian newspaper said …
your ads here!Airbnb Launches Local Tours in NYC with Sarah Jessica Parker
Airbnb is launching local tours and other experiences in New York City this week with a special host. Her listing promises an “unforgettable shoe-shopping experience’” and her bio describes her …
your ads here!Trump Promising Huge Tax Cut; Focus on Taxes vs Health Care
Poised to reveal a tax plan that is a pillar of his economic policy and delivering on a campaign pledge, President Donald Trump is promising “The largest tax cut in …
your ads here!Iraqi Government Asks Foreign Countries to Stop Oil Trade With Kurdistan
Iraq on Sunday urged foreign countries to stop importing crude directly from its autonomous Kurdistan region and to restrict oil trading to the central government. The call, published in statement …
your ads here!Swiss Voters Reject Raising Women’s Retirement Age
Swiss voters rejected raising women’s retirement age to 65 in a referendum on Sunday on shoring up the wealthy nation’s pension system as a wave of Baby Boomers stops working. …
your ads here!After German Vote, Europe Can Turn to Patching Euro’s Flaws
Sunday’s national election in Germany will sound the starting gun for a renewed debate on fixing flaws in Europe’s shared currency to prevent future crises. France’s new president Emmanuel …
your ads here!Amid Increased International Sanctions, North Korea Turns to Bitcoin for Cash
North Korea’s cash-strapped regime has long sought workarounds to the increasingly harsh international sanctions aimed at tightening the financial noose around its nuclear and missile programs. Now, according to …
your ads here!Solar Boom or Bust? Companies Seek Tariffs on Solar Imports
Cheap solar panels imported from China and other countries have led to a boom in the U.S. solar industry, where rooftop and other installations have surged 10-fold since 2011. But …
your ads here!Mercedes-Benz to Invest $1 Billion in US Electric Car Plant
German carmaker Mercedes-Benz has announced plans to invest $1 billion to start making electric vehicles at its manufacturing plant in the southern U.S. state of Alabama. The luxury automaker said …
your ads here!Next Round of NAFTA Talks Take on Thornier Issues
The United States will present new proposals and begin to weigh into thornier issues of the North American Free Trade Agreement in the third round of negotiations starting in Ottawa …
your ads here!Rohingya Crisis Dents Myanmar Hopes of Western Investment Boom
When officials from Myanmar’s commercial capital Yangon toured six European countries in June, they were hoping to drum up investment in transport, energy and education. Instead, they were bombarded with …
your ads here!China’s Small Factories Fear ‘Rail Armageddon’ with Orders to Ditch Trucks
Thousands of small factories in China, making everything from steel to chemicals, are scrambling for access to the country’s clogged rail network as Beijing curbs the use of diesel trucks …
your ads here!Trafficking, Debt Bondage Rampant in Thai Fishing Industry, Study Finds
More than a third of migrant fishermen in Thailand clearly were victims of trafficking over the past five years, and even more workers in the industry were possibly trafficked as …
your ads here!The ATM at 50: How It’s Changed Consumer Behavior
An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out $20 bills (and imposing fees if you pick the wrong one), turn 50 years …
your ads here!French Protesters Stage Fresh Protests to Macron’s Labor Law
French labor unions staged fresh protests against President Emmanuel Macron’s contested labor law reforms Thursday — a day before he adopts them by executive order. The nationwide action backed by …
your ads here!Claims for US Jobless Aid Fall as Hurricane Impact Recedes
The number of Americans seeking unemployment benefits dropped by 23,000 last week to 259,000 as the economic impact of Hurricane Harvey began to fade. The Labor Department said Thursday …
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