Economy

The Latest: Trump praises Greece as PM visits White House

Oct 17, 2017

President Donald Trump says Greece has "gone through a lot" but "is doing a terrific job of coming back" _ an apparent reference to the country's ability to weather its economic troubles

Dems slam Arctic drilling plan as 'polar payout' to Big Oil

Oct 17, 2017

Democrats and environmental groups are denouncing a Republican plan to allow oil and gas drilling in Alaska's Arctic National Wildlife Refuge, saying the plan would defile a crown jewel of U.S. wilderness to promote oil exports to China and other nations

UK interest rates set to rise as inflation hits 3 percent

Oct 17, 2017

Inflation in Britain has hit 3 percent, cementing expectations that the Bank of England will soon raise interest rates for the first time in a decade

Media mogul seen leading in Czech election despite scandals

Oct 17, 2017

The result of this weekend's parliamentary elections in the Czech Republic can make the second richest Czech the country's most powerful politician

US homebuilder sentiment rises in October

Oct 17, 2017

U.S. homebuilders are feeling better about their sales prospects than they have in months, despite a recent slowdown in sales of new homes and the likelihood of higher labor and materials costs following hurricanes Harvey and Irma

Global stocks mixed amid upbeat corporate earnings

Oct 17, 2017

Global stocks are mixed amid upbeat corporate earnings report and as China prepared to open a key political meeting

China tries to reassure foreign companies, promises openness

Oct 17, 2017

A spokesman for China's ruling Communist Party has promised Beijing will open its markets further and tried to reassure foreign companies that are increasingly frustrated with regulation and business conditions

China's Xi looks to extend power at Communist Party congress

Oct 17, 2017

Chinese President Xi Jinping is primed to consolidate his already considerable power as the ruling Communist Party begins its national congress on Wednesday

Australia rejects clean energy target for cheaper power

Oct 17, 2017

Australian government rejects plan to generate 42 percent of country's power from wind, solar energy

Bombardier Inc. to partner with Airbus on C Series program

Oct 17, 2017

Canadian plane maker Bombardier has a sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus for no cost