Finance

U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers. The Labor Department says employers advertised 7.1 million available jobs in August, down from 7.2 million available jobs in July. Job openings reached a peak of […]

A global economic body has proposed overhauling the way multinationals – particularly tech giants – are taxed to make sure they pay their fair share in countries where they do significant business. The plan from the Paris-based the Organization for Economic Cooperation and Development, which advises 134 countries, comes after France and the United States

Apple became the latest company targeted for Chinese pressure over protests in Hong Kong when the ruling Communist Party’s main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.’s online store, “facilitates illegal behavior,” People’s Daily

China demanded Washington lift sanctions on Chinese tech companies and warned Wednesday it will “resolutely safeguard” the country’s interests. The Ministry of Commerce criticized curbs imposed on sales of U.S. technology to a group of Chinese companies as interference in the country’s affairs. American officials say those companies provide technology used to repress Muslim minorities

Shares slipped in Asia on Wednesday as tensions between the U.S. and China flared ahead of talks aimed at resolving the trade war between the world’s two biggest economies. An overnight sell-off on Wall Street added to the gloom. Technology companies, banks and health care stocks bore the brunt of the selling after the U.S.

Power to hundreds of thousands of homes and businesses is expected to go out, affecting millions of people in California, starting early Wednesday. Pacific Gas and Electric Co. said a forecast of extreme wind and dry weather has created fire danger of an unprecedented scope, prompting it to initiate the largest preventive outage in state

The United States is less competitive than it was a year ago and the global economy remains hobbled by low productivity despite a decade of cheap money from central banks, the World Economic Forum said Wednesday. In its latest assessment of the factors behind productivity and long-term economic growth, the organization best-known for its annual

Millions of people were poised to lose electricity throughout northern and central California after Pacific Gas & Electric Co. announced Tuesday it would shut off power in the largest preventive outage in state history to try to avert wildfires caused by faulty lines. PG&E said it would begin turning off power to 800,000 customers in

The biggest U.S. freight railroads appear ready to renew their push to reduce their crews to one person from the current two-man operation used at major railroads now. Eight U.S. railroads have filed a federal lawsuit against the union that represents rail conductors to force the union to negotiate about crew sizes during the next

DENVER — The Federal Reserve chair, Jerome H. Powell, said on Tuesday that the central bank would once again begin expanding its portfolio of government-backed securities and continued to leave the door open to another interest rate cut this month. While “policy is not on a preset course,” Mr. Powell said, the Fed will “act