Stories tagged: economy
Wed., Sept. 6, 2017, 8:37 a.m.
Boeing raises 20-year China plane forecast on travel boom
Boeing raised its 20-year forecast for aircraft demand in China as economic growth and an expanding middle class spur travel in the world’s most-populous nation.
Wed., Sept. 6, 2017, 8:23 a.m.
U.S. services sector expanded at stronger rate in August
U.S. services businesses grew at a faster pace in August as measures for new orders and hiring improved.
Thu., Aug. 31, 2017, 5:13 p.m.
Impact of Houston’s economy is felt well beyond its area
The Houston that was battered by Hurricane Harvey is an economic powerhouse whose influence reaches far beyond its region, leading many to worry about when its economy be able to …
Thu., Aug. 31, 2017, 1:11 p.m.
Chile’s entire economic team resigns in government crisis
Chile, Latin America’s wealthiest and most stable nation, saw the resignation of the government’s entire economic team Thursday as policy disputes boiled over following almost four years of sluggish growth.
Thu., Aug. 31, 2017, 10:01 a.m.
Brexit talks end in acrimony amid stalemate over bill
Brexit talks ended in stalemate, with both sides deadlocked over the divorce bill and tensions spilling over as the European Union’s negotiator mocked Prime Minister Theresa May.
Thu., Aug. 31, 2017, 7:24 a.m.
U.S. pending home sales fell in July, 4th decline in 5 months
Fewer people signed contracts to buy homes in July, the fourth decline in the past five months.
Thu., Aug. 31, 2017, 7:23 a.m.
U.S. unemployment claims rise slightly, remain low
More Americans applied for unemployment benefits last week, but the numbers remained low and consistent with a healthy job market.
Thu., Aug. 31, 2017, 7:20 a.m.
Consumer spending up 0.3 percent in July
Consumer spending increased in July at the fastest pace in three months, while incomes grew by the largest amount since February, both encouraging signs for future economic growth.
UPDATED: Wed., Aug. 30, 2017, 2:59 p.m.
Trump pushes tax overhaul, says it’s ‘badly needed’
President Donald Trump launched his fall push to overhaul the nation’s tax system by pledging Wednesday that the details-to-come plan would “bring back Main Street” by reducing the crushing tax …
Wed., Aug. 30, 2017, 7:49 a.m.
U.S. companies added a strong 237,000 jobs in August
U.S. businesses added a healthy 237,000 jobs in August with broad gains across several industries including construction, manufacturing and leisure and hospitality, according to a private survey.
Wed., Aug. 30, 2017, 7:43 a.m.
U.S. economic growth upgraded to 3 percent rate in Q2
The U.S. economy rebounded sharply in the spring, growing at the fastest pace in more than two years amid brisk consumer spending on autos and other goods.
Tue., Aug. 29, 2017, 3:39 p.m.
Trump’s planned building boom bumps up against worker shortage
President Donald Trump’s plan to boost the economy with millions of jobs rebuilding roads, bridges and ports has a snag, the construction industry says: There aren’t nearly enough skilled workers …
Tue., Aug. 29, 2017, 2:42 p.m.
U.S. sanctions to pile misery on moribund Venezuelan economy
CARACAS, Venezuela – A small army of red-shirted workers mop the linoleum floors as their supervisors, sitting under a giant portrait of Hugo Chavez, look on. By the meltdown standards …
Tue., Aug. 29, 2017, 11:18 a.m.
Child marriage increasing in civil war-torn South Sudan
“If I’d have refused, my father and brothers would have killed me,” Eliza says. Shifting uncomfortably in her plastic chair, the 17-year-old recoils when remembering her wedding day.
Tue., Aug. 29, 2017, 7:37 a.m.
U.S. consumer confidence improves again in August
American consumers are giving today’s economy the highest grade in more than 16 years.
Mon., Aug. 28, 2017, 10:19 a.m.
Britain looking to push Brexit talks with E.U. onto trade
The European Union and Britain started a third round of Brexit negotiations on Monday with EU negotiator Michel Barnier testily berating the British government for what he perceives as a …
UPDATED: Mon., Aug. 28, 2017, 2:35 p.m.
Thanks to Amazon, Seattle is now America’s biggest company town
Amazon.com’s extraordinary growth has turned Seattle into the biggest company town in America.
UPDATED: Mon., Aug. 28, 2017, 5:37 p.m.
Harvey could have deep impact on Texas oil, US economy
Massive flooding caused by Harvey along Texas’ refinery-rich coast could have long-standing and far-reaching consequences for the state’s oil and gas industry and the larger U.S. economy. The storm’s remnants …
Sat., Aug. 26, 2017, 8:51 a.m.
Draghi urges cooperation to combat anti-globalization
Mario Draghi, president of the European Central Bank, said Friday that the global economy is strengthening but warned that countries must work together to resist a growing backlash against open …
Fri., Aug. 25, 2017, 8:33 a.m.
Hurricane raises flooding, power loss fears for Texas oil refiners
The biggest fears for Texas refiners in the
UPDATED: Thu., Aug. 24, 2017, 9:36 p.m.
Seattle to close one of its largest remaining homeless camps
Seattle city officials have ordered one of its largest remaining homeless encampments to be cleared.
Thu., Aug. 24, 2017, 8:38 a.m.
Sears to close more stores as sales continue fall in 2Q
Sears continued to struggle in its second quarter with declining sales amid heightened competition from the likes of Walmart to Amazon. It now says it will close even more stores.
Thu., Aug. 24, 2017, 8:09 a.m.
China criticizes U.S. trade probe as protectionism
China’s Commerce Ministry on Thursday criticized a U.S. decision to launch a trade probe of Beijing’s technology policy as an attack on the global trading system and said it will …
Thu., Aug. 24, 2017, 7:48 a.m.
Pace of U.S. home sales in July reached lowest level of 2017
Americans retreated from buying homes in July as sales sank 1.3 percent to their lowest level of the year.
Thu., Aug. 24, 2017, 7:39 a.m.
Average U.S. mortgage rates stagnant; 30-year rate at yearly low
Long-term U.S. mortgage rates were unchanged to lower this week, with the benchmark 30-year rate marking a new low for the year and its lowest point since last November.
Thu., Aug. 24, 2017, 7:31 a.m.
Weekly requests for jobless aid up 2,000, to 234,000
Slightly more Americans applied for jobless aid last week. Despite the small increase, the number of people seeking benefits remained close to historic lows.
Wed., Aug. 23, 2017, 12:10 p.m.
Oregon taxpayers will get ‘kicker’ tax rebate
Oregon will send more than $460 million back to taxpayers next year, after the surging economy led to unexpectedly strong tax collections, state economists said Wednesday.
Wed., Aug. 23, 2017, 11:33 a.m.
Oregon homeless population increases 6 percent
A survey of Oregon’s homeless population shows the number of people living on the streets or in a shelter has jumped by 6 percent from two years ago.
Wed., Aug. 23, 2017, 8:50 a.m.
Sales of new homes fell in July
Sales of new U.S. homes plummeted 9.4 percent in July, the sharpest one-month drop in nearly a year. But the decline followed strong sales in previous months, and sales so …
Wed., Aug. 23, 2017, 8:02 a.m.
SEC invites public comment on potential sale of Chicago Stock Exchange
The proposal by a group of Chinese investors to buy the Chicago Stock Exchange is on hold while the Securities and Exchange Commission takes time to consider letters from the …