Japan and the United States convened their second high-level consultation committee meeting on Tuesday, signaling renewed momentum in deploying a landmark $550 billion Japanese investment pledge that anchors the allies’ hard-won trade agreement. The two-hour virtual session, co-chaired by Japanese…
Browsing: Economic
A radical plan to halt “virgin steelmaking” in the UK is being considered in a move that threatens the loss of 2,000 jobs at British Steel’s works in Scunthorpe. Government officials are weighing a proposal to switch off Britain’s last two…
U.S. job growth defied expectations in September, according to a Labor Department report issued nearly seven weeks late due to the government shutdown. Payrolls rose by a seasonally adjusted 119,000 on the month, the strongest gain since April, the Labor Department said…
Trump has unleashed a barrage of sanctions on Russia’s oil behemoths, Rosneft and Lukoil, sending shockwaves through global energy markets and forcing America’s key Asian trading partners—China and India—to rethink their cozy deals with Vladimir Putin’s war machine. The move,…
President Donald Trump announced on Friday that the United States will slap an additional 100% tariff on all Chinese imports starting November 1, on top of existing duties, while imposing sweeping export controls on “any and all critical software.” The…
In the heart of the Midwest, where golden fields stretch toward the horizon under a crisp autumn sky, the hum of combines should signal prosperity. Instead, for America’s soybean farmers, harvest season has become a grim countdown to financial ruin.…
Donald Trump flies into Britain on Tuesday evening for a three-day state visit, with the US and UK promising to boost financial ties, including by exploring closer alignment of their capital markets. UK Prime Minister Sir Keir Starmer wants to…
WASHINGTON — In an unprecedented escalation of his long-standing feud with the Federal Reserve, President Donald Trump on Monday announced the immediate removal of Governor Lisa Cook from the central bank’s board, citing allegations of mortgage fraud stemming from a…
President Donald Trump said after his Aug. 15 summit with Russian President Vladimir Putin that progress made in the talks means that he will not immediately consider imposing additional tariffs on countries such as China for buying Russian oil—but hinted…
NEW YORK — Manufacturing employment in New York State has plummeted by 45 percent since 2000, marking the steepest decline in the nation, according to a new analysis by software services firm ETQ. The report, which draws on data from…
