Economy

White House admits error for false claim on black employment

Aug 15, 2018

In a rare admission of error, the White House has walked back its false claim that President Donald Trump created three times as many jobs for African American workers than President Barack Obama

US retail sales up a healthy 0.5 percent in July as consumers spend more at auto dealers and restaurants

Aug 15, 2018

US retail sales up a healthy 0.5 percent in July as consumers spend more at auto dealers and restaurants

How US Fed is unintentionally squeezing developing economies

Aug 15, 2018

How the US Fed is unintentionally squeezing Turkey and other developing economies

British inflation rate rises, keeping squeeze on households

Aug 15, 2018

The inflation rate in Britain has ticked up, keeping a squeeze on households facing the uncertainty of Brexit

How US Fed is unintentionally squeezing developing economies

Aug 15, 2018

How the US Fed is unintentionally squeezing Turkey and other developing economies

More than 1,200 infected with measles in Brazil; 6 dead

Aug 14, 2018

Brazil's Health Ministry says more than 1,200 people have been infected in a growing measles outbreak linked to cases imported from neighboring Venezuela

US retailers small companies rally as Turkey fears ease

Aug 14, 2018

Gains for retailers and small and medium-sized companies lead U.S. indexes higher as investors' fears about the Turkish currency crisis ease

Markets Right Now: US stocks close broadly higher

Aug 14, 2018

U.S. stocks rallied as banks, retailers, and smaller companies jumped. The gains helped the market recover most of its losses over the previous two days.

Home Depot roars back in the second quarter

Aug 14, 2018

Home Depot raised profit and revenue expectations for the year after bouncing back from a slow start to the year during the second quarter

German economy defies trade gloom with strong growth

Aug 14, 2018

Official data show that the German economy grew by 0.5 percent in the second quarter compared with the previous three-month period, accelerating slightly

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