Finance

Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a path to prosperity and global influence for the Shanghai Stock Exchange’s STAR […]

South Korea’s central bank on Thursday cut its policy rate for the first time in three years to shore up growth threatened by a trade dispute with Japan. The Bank of Korea lowered its key interest rate by a quarter percentage point to 1.50% following a meeting of its monetary policy committee, which also cut

The persistently slow housing market has Debra Goodwin creating cooking videos to try to sell a house. Glenn Phillips finds himself explaining to sellers the reasons why they might have to take a loss on their homes. Real estate agents have developed new strategies as they contend with a housing market that still hasn’t fully

Kohl’s is launching an early wave of hires for the back-to-school through the holiday season across 500 stores, nearly double the number of early hiring positions compared with last year. The hiring, announced on Wednesday, will kick off in August and include stores and distribution and e-commerce fulfillment centers. The department store chain is also

The Latest on a U.S. House subcommittee hearing on aircraft safety and the Boeing 737 Max (all times local): 11:15 a.m. A man whose daughter was killed when an Ethiopian Airlines Boeing 737 Max crashed in March called on legislators to end the Federal Aviation Administration‘s use of aircraft manufacturer employees to conduct safety inspections.

The Federal Reserve’s latest nationwide survey released Wednesday reveals that despite growing worries about the impact of President Donald Trump’s trade battles, the overall economy remained solid. The Fed said that many of its 12 regions saw slight gains in retail sales and home sales. Auto sales remained flat and farmers struggled with heavy rains.

Stock indexes were posting slight losses in afternoon trading on Wall Street Wednesday as a sharp drop for railroad operator CSX pulled other industrial companies lower. Banks were also falling as investors worry that lower interest rates will hurt their profits going forward. Investors expect the Federal Reserve to cut interest rates at a meeting

A man whose three children, wife and mother-in-law were killed when a Boeing 737 Max jet crashed in Ethiopia accused the company of wrongful conduct and told a U.S. House subcommittee that the process to approve aircraft must be strengthened. Paul Njoroge (Nih-JOR-Gay) said Wednesday that Boeing was left to police itself and allowed to

U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction. The Commerce Department said Wednesday that construction was started at a seasonally adjusted annual rate of 1.25 million in June, down 0.9% from 1.27 million in May. Construction of single-family homes

Federal Reserve Chairman Jerome Powell said Tuesday that the 2008 financial crisis accelerated major changes in the U.S. and global economies, leading to slower growth, lower inflation and lower interest rates. Delivering remarks to a Paris economic conference, Powell said that since the depths of the Great Recession in 2008 and early 2009, growth and