Finance

TOKYO — Large white sheets covering them head-to-knee, people infected with a new virus were led by gloved and masked officials Wednesday off a Japanese cruise ship, while the rest of the 3,700 people on board faced a two-week quarantine in their cabins. In Hong Kong, more than 3,600 people on another cruise ship were […]

But economists have argued that the figure is a poor metric for measuring the health of the economy or America’s trading relationships. While a falling trade deficit can be a sign of a growing economy, the measure can fall for a variety of other reasons, many of them unrelated to trade and not all of

The European Union is pushing changes to the system for adding new members in a move that should make the opening of enlargement talks easier for two Western Balkan nations By RAF CASERT Associated Press February 5, 2020, 1:45 PM 3 min read BRUSSELS — Down one country with the departure of Britain, the European

Automakers are considering resuming operations in China amid efforts to contain a virus outbreak while the impact on other companies spreads By JOE McDONALD AP Business Writer February 5, 2020, 11:22 AM 3 min read BEIJING — Automakers are considering whether to resume operations in China amid efforts to contain a virus outbreak while the

Thanks to “contactless” payment systems, there’s a revolutionary change going on in how credit cards are used. While mildly convenient for purchases in the United States, the technology is a huge improvement for overseas travelers. What is contactless technology and why is it good for travel? Read on. Keep that wallet hidden, or better yet,

European indexes are falling in early trading after Asian shares rose on optimism that China’s latest actions may help curtail some of the expected economic damage from the virus outbreak By YURI KAGEYAMA AP Business Writer February 5, 2020, 8:37 AM 3 min read TOKYO — European indexes were slipping in early trading Wednesday after

The head of Australia’s central bank says the nation’s deadly wildfires will have no impact on economic growth this year but it was too early to know the impact of a new virus By ROD McGUIRK Associated Press February 5, 2020, 6:56 AM 2 min read CANBERRA, Australia — Australia’s deadly wildfires will have no

Macy’s says it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent itself in the age of online shopping By ANNE D’INNOCENZIO AP Retail Writer February 5, 2020, 12:03 AM 3 min read NEW YORK — Macy’s said Tuesday it is closing 125

American Airlines says it has suspended flights to Hong Kong, and United will halt flights there starting Saturday February 5, 2020, 12:10 AM 2 min read American Airlines said Tuesday it has suspended flights to Hong Kong through Feb. 20 due to weak demand , and United Airlines will do the same next weekend. Interest

Ford Motor Co.’s profit last year plunged by more than $3.6 billion, weighed down by slowing U.S. sales, the cost of a botched SUV launch and some big pension expenses By TOM KRISHER AP Auto Writer February 5, 2020, 12:38 AM 3 min read DETROIT — Ford Motor Co.’s profit last year plunged by more