Tag: Economy
EU, India try again to clinch trade deal, sidelining China
<p>PORTO, Portugal — The European Union and India agreed Saturday to restart negotiations on a bilateral free trade deal, eight years after their first...
Weak jobs report could be a risk or opportunity for Biden
WASHINGTON — President Joe Biden's promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of...
US consumer borrowing posts another strong showing in March
WASHINGTON — U.S. consumer borrowing rose by a strong $25.8 billion in March, the second-straight month of sizable gains and a further indication that...
Big US job gain expected, if employers found enough workers
<p>WASHINGTON — With viral cases declining, consumers spending again and more businesses easing restrictions, America's employers likely delivered another month of robust hiring in...
China trade surges as global demand recovers from pandemic
<p>BEIJING — China’s exports surged 32.3% over a year earlier in April as global consumer demand strengthened, while imports rose 43.1%. </p>
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Chamber of Commerce seeks end to enhanced US jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying...
EU leaders attend summit in person for 1st time this year
<p>LISBON, Portugal — On the list of things not to do during a pandemic, holding big international gatherings is close to the top. </p>
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German factory production, exports up in March in good sign
<p>BERLIN — Factory production and exports increased strongly in Germany in March, according to official statistics released Friday, developments that bode well for the...
Big US job gain expected, if employers found enough workers
WASHINGTON — With viral cases declining, consumers spending again and more businesses easing restrictions, America's employers likely delivered another month of robust hiring in...
China propels BMW to strong profits, Germany lags
<p>FRANKFURT, Germany — Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year...