China plans to raise the speed of its bullet trains back up to 350 kph (217 mph), state media reported on Thursday, six years after a deadly high-speed rail crash …
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
Samsung Poised to Unseat Intel as King of Microchips
Intel’s more than two decade-long reign as the king of the silicon-based semiconductor is poised to end Thursday when South Korea’s Samsung Electronics elbows the U.S. manufacturer aside to become …
your ads here!Amazon Reaches for Millions in Southeast Asia’s Cyberspace
Amazon is introducing express delivery to Singapore in its first direct effort to tap into surging online shopping in fast-growing Southeast Asia. The American e-commerce company announced Thursday it will …
your ads here!Fed Holds Key Rate Steady, Will Reduce Holdings ‘Relatively Soon’
Leaders of the U.S. central bank said Wednesday that they were holding their benchmark lending rate at a low level — in a range between 1 and 1.25 percent — …
your ads here!Lift Debt Limit Before Recess, Mnuchin Urges Congress
U.S. Treasury Secretary Steven Mnuchin on Wednesday urged federal lawmakers to raise the federal debt limit before they leave Washington for their August recess to avoid increased interest costs to …
your ads here!White House: Foxconn to Bring 3,000 Manufacturing Jobs to Wisconsin
Foxconn, a Taiwanese electronics manufacturer and major supplier to Apple Inc., has announced plans to build a $10 billion plant in the U.S. state of Wisconsin, to make LCD display …
your ads here!EU Warns US It May Counter New Sanctions on Russia
The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc’s energy security. …
your ads here!Amazon Goes on Hiring Spree as Labor Market Tightens
Amazon has some job openings. Lots of them. The company said Wednesday that it’s looking to fill more than 50,000 positions across the U.S. It’s planning to make thousands …
your ads here!US Startups Led by Women Attract Sliver of Venture Cash, Study Finds
Promising startups in the United States receive a shred of the billions of dollars investors pump into them when led by women, a major study found Tuesday. Between 2011 and …
your ads here!WSJ: Trump Names Yellen, Cohn as Possible Fed Chair Picks
U.S. President Donald Trump named on Tuesday two possible candidates to run the Federal Reserve over the next few years: current Fed Chair Janet Yellen and Trump’s economic adviser Gary …
your ads here!Apple CEO Promised to Build 3 ‘Big’ Plants in US, Trump Tells WSJ
Apple Chief Executive Tim Cook has committed to build three big manufacturing plants in the United States, the Wall Street Journal quoted U.S. President Donald Trump as saying. “I spoke …
your ads here!Colombian Officials Got $27M in Odebrecht Bribes, Prosecutor says
Colombian officials received $27 million in bribes from Brazilian engineering firm Odebrecht, more than double previously thought, as the company sought to win a road-building contract, Colombia’s attorney general said …
your ads here!Peru Cracks Down on Slavery After Deadly Factory Fire Exposes Forced Labor
Peruvian authorities have launched a major crackdown on modern slavery after a warehouse fire in Lima last month killed four workers, including two who were trapped inside a padlocked container …
your ads here!Records: EPA Chief Jets Away for Weekends on Taxpayer’s Dime
Records show the head of the Environmental Protection Agency spent weekends in his home state during his first three months in office, frequently flying to and from Oklahoma at taxpayer’s …
your ads here!Analysts: US Could Impose Steel Tariffs After Weak Trade Talks
Following a lack of agreement at the U.S. China Comprehensive Economic Dialogue in Washington last week, analysts say they expect the Trump administration to impose stiff penalties on Chinese steel …
your ads here!Young African Entrepreneur Develops Rival to YouTube
A Ghanaian teenager wanted to develop a video search engine that could challenge the dominance of YouTube. As Faith Lapidus reports, he’s well on his way. …
your ads here!From Rented Jeans to Reused Cooking Oil, Businesses are Going ‘Circular’
From recycled paint to rented jeans, businesses large and small are looking at ways to cut waste, use fewer resources and help create what has been coined a “circular economy” …
your ads here!Global Use of Trade Restrictions Slows, WTO Says
More steps to free up trade globally have been taken since Donald Trump was elected than measures to restrict it, the World Trade Organization said, despite concerns his administration would …
your ads here!Layoffs Occur at Carrier Plant Outlined in Trump Deal
The U.S. Carrier factory where President Donald Trump says he saved 800 jobs from moving to Mexico notified 300 people last week that they were being laid off. The layoff …
your ads here!Britain Goes for Front of the Line in US Trade Talks
The United States and Britain are launching preliminary talks in Washington on a trade deal that will set up a new trade relationship between the two countries, after Britain’s exit …
your ads here!Fed Will Likely Focus on Low Inflation but Leave Rates Alone
The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment. It’s the Fed’s other …
your ads here!Divided UK, Inconclusive Election Could Put Brakes on Brexit
Lucy Harris thinks Britain’s decision to leave the European Union is a dream come true. Nick Hopkinson thinks it’s a nightmare. The two Britons — a “leave” supporter and a “remainer” — …
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