Finance

Navajo company confident about getting bonding for recently purchased coal mines in Wyoming and Montana By MEAD GRUVER Associated Press November 14, 2019, 12:14 AM 3 min read Navajo tribal energy company officials expressed confidence Wednesday they will be able to secure necessary bonding for recently purchased coal mines in Wyoming and Montana without financial […]

What a difference a year makes. In the months before last year’s presidential election in Brazil, Jair Bolsonaro described China as predatory and thumbed his nose at the Chinese government by visiting Taiwan, Beijing’s archrival. Now, as a more pragmatic president, Bolsonaro welcomed Chinese President Xi Jinping to an international summit that begins Wednesday in

US budget deficit in October jumps 33.8% to $134.5 billion as spending hits record By MARTIN CRUTSINGER AP Economics Writer November 13, 2019, 8:21 PM 3 min read The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that

Federal Reserve Chairman Jerome Powell indicated Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a congressional panel, Powell expressed optimism about the U.S. economy and said he expects it will grow at

How do New York Times journalists use technology in their jobs and in their personal lives? Ben Casselman, an economics and business reporter, discussed the tech he’s using. You compile complicated data sets and distill them into stories for our readers. What are the tech tools and methods behind this madness? “Madness” is tough but

California’s first-in-the-nation law requiring publicly held companies to put women on their boards of directors faces a second legal challenge By DON THOMPSON Associated Press November 13, 2019, 4:35 PM 4 min read California’s first-in-the-nation law requiring publicly held companies to put women on their boards of directors is facing a second legal challenge. The

WASHINGTON — Jerome H. Powell, the Federal Reserve chair, will paint an optimistic picture of the United States economy in testimony before Congress on Wednesday, though he warns that threats to the outlook persist. “In particular, sluggish growth abroad and trade developments have weighed on the economy and pose ongoing risks,” Mr. Powell will say,

Abbott Laboratories will replace long-time CEO Miles White with another veteran executive next March November 13, 2019, 1:52 PM 1 min read Abbott Laboratories will replace longtime CEO Miles White with another veteran executive next March. The drugmaker said Wednesday that its board unanimously appointed President and Chief Operating Officer Robert Ford to succeed White

The world’s thirst for oil will continue to grow until the 2030s and climate-damaging emissions will keep climbing until at least 2040 By ANGELA CHARLTON Associated Press November 13, 2019, 12:08 PM 4 min read The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040

MUNICH — It was a crisp fall morning, and Tom Wilson was contemplating the latest sign that the world of finance had turned upside down. Greece had just sold bonds with a negative interest rate. It was the most recent example of how policies that revived growth after the last financial crisis have forced investors