President Donald Trump is re-opening for oil exploration areas that President Barack Obama had closed, a move that environmental groups have promised to fight. In an executive order Friday, 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
US Economy Grows at Disappointing 0.7% in First Quarter
The latest economic data indicate the U.S. economy is growing at the slowest rate in three years. The GDP or gross domestic product, the broadest measure of all goods and …
your ads here!Trump to Sign Order Aimed at Expanding Offshore Drilling
President Donald Trump will sign an executive order Friday that could lead to the future expansion of drilling in the Arctic and Atlantic oceans. The order will direct his interior …
your ads here!United Airlines Settles with Doctor Dragged Off Plane
United Airlines reached an out-of-court settlement Thursday with a doctor who was dragged off one of its flights after he refused to give up his seat. The airline and Dr. …
your ads here!Investors Have High Hopes for Ghana, Says Finance Minister
Ghana’s finance minister says investors were optimistic in meetings with senior government officials who accompanied Vice President Mahamudu Bawumia to the World Bank spring meetings in Washington. In an interview …
your ads here!Narrow Turkish Referendum Victory Reveals Economic Concerns
Turkish President Recep Tayyip Erdogan’s referendum victory to extend his powers was bittersweet. For the first time he lost in Turkey’s main cities, including Istanbul, which has been his …
your ads here!Trump Agrees to ‘Renegotiate’ Trade Deal with Mexico, Canada
President Donald Trump says phone conversations Wednesday with Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau persuaded him not to imminently withdraw the United States from their …
your ads here!White House: US Not Withdrawing From NAFTA Now
After reports that President Donald Trump was considering an executive order to withdraw the United States from the North American Free Trade Agreement, the White House said Wednesday that Trump …
your ads here!US Central Bank Could Lean Against Trump Tax Cut
President Donald Trump’s plan to slash business and household taxes could shift the U.S. economy into higher gear, but it may have one effect the White House would not welcome …
your ads here!Ivanka Trump, World Bank Discuss Women Entrepreneur Fund
Ivanka Trump has been involved in discussions with the World Bank about establishing a funding operation to support female entrepreneurs, bank and administration officials said Wednesday. The officials stressed that …
your ads here!Mnuchin: Trump Has ‘No Intention’ of Releasing Tax Returns
President Donald Trump “has no intention” of releasing his tax returns to the public, Treasury Secretary Steve Mnuchin said Wednesday, asserting Americans have “plenty of information” about the president’s financial …
your ads here!Trump’s Cuts to US Refugee Program Lead to 300-plus Layoffs
The president’s desire to cut refugees is also costing U.S. jobs. A reduction in refugee resettlement that began after an executive order by President Donald Trump in late January has …
your ads here!Romania: Hundreds of Taxis, Buses Protest Uber
Some 200 taxis and buses have parked outside the government offices in Romania’s capital, Bucharest, demanding that Uber and other online taxi services be outlawed in the country. Transport …
your ads here!Canada Increasingly Draws Trump’s Ire
President Donald Trump and Commerce Secretary Wilbur Ross on Tuesday said they did not fear a trade war with Canada after American punitive action on lumber and milk. “They have …
your ads here!Trump to Unveil Tax Plan Wednesday
Anticipation of U.S. President Donald Trump’s plans for big corporate and individual tax cuts spurred Wall Street to record highs Tuesday, and sent Asian markets soaring overnight. Trump is planning …
your ads here!Jobs, Homes at Stake in US-Canada Trade Squabble
Canadian officials say a new tariff imposed by the Trump administration will raise the cost of new homes in the United States by $1,000 each, and shut 150,000 Americans out …
your ads here!LVMH to Consolidate Hold on Dior in Multibillion-euro Deal
The magnate behind LVMH is to incorporate Christian Dior into his luxury goods empire in a multibillion-dollar deal. It’s the latest business coup for businessman Bernard Arnault, who has …
your ads here!Chinese Takeover Bid for US-based MoneyGram Scrutinized
The financial industry is closely watching Alibaba affiliate Ant Financial’s attempt to acquire Dallas-based MoneyGram International, the world’s second biggest money transfer company after Western Union. Ant is offering $1.2 …
your ads here!US Senator Calls for ‘True Reciprocity’ in US-China Trade and Diplomacy
U.S. Senator Dan Sullivan on Monday called on both the American and Chinese governments to exercise “true reciprocity” in relations, including trade and diplomacy. The Republican senator from Alaska, …
your ads here!Workers: GM Fires 2,700 in Venezuela After Plant Closure
General Motors’ Venezuelan subsidiary has sent a message to almost 2,700 staff informing them that they are no longer employed by the company and had received severance pay in their …
your ads here!Toxin in Corn Adds to Woes of US Farmers, Ethanol Makers
A fungus that causes “vomitoxin” has been found in some U.S. corn harvested last year, forcing poultry and pork farmers to test their grain, and giving headaches to grain growers …
your ads here!Lawmakers Push to Extend Retired Coal Miners Benefits
Lawmakers from coal-mining states are pushing to extend health benefits for more than 22,000 retired miners and widows whose medical coverage is set to expire at the end of April. …
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