Finance

U.S. manufacturing output fell slightly in January, driven lower by Boeing’s decision to halt production of its troubled 737 MAX aircraft By CHRISTOPHER RUGABER AP Economics Writer February 14, 2020, 2:20 PM 1 min read WASHINGTON — U.S. manufacturing output fell slightly in January, driven lower by Boeing’s decision to halt production of its troubled […]

BEIJING — Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no income after vast swathes of China’s economy were shut down in a sweeping effort to contain a virus outbreak. Du, who lives in Jiaozhuo, near the

The Trump administration is considering halting to China the sale of an aircraft engine produced in part by General Electric, two people familiar with the discussions said, part of a broader effort to limit the flow of technology there that could one day give Beijing an economic and security edge. Top Trump administration officials will

Defaulted loans are a prime economic issue for Cyprus, which since a 2013 financial crisis has seen overdue payments weighing on consumers and banks February 14, 2020, 2:28 PM 2 min read NICOSIA, Cyprus — Defaulted loans are a prime economic issue for Cyprus, which since a 2013 financial crisis has seen overdue payments weigh

US retail sales up modest 0.3% in January, boosted by strong sales at furniture and hardware stores By MARTIN CRUTSINGER AP Economics Writer February 14, 2020, 3:14 PM 3 min read WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware

FRANKFURT, Germany — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it’s the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world where economic growth has

A top European Union official unveiled Friday his proposal for the bloc’s next long-term budget By LORNE COOK Associated Press February 14, 2020, 4:17 PM 3 min read BRUSSELS — The European Council president unveiled Friday his proposal for the EU’s next long-term budget, but the figure falls far short of the demands of Europe’s

HOUSTON — Houston’s lack of zoning restrictions has left many residents with neighbors they don’t want: petrochemical facilities and businesses that handle hazardous materials. That unease was laid bare again last month when a massive explosion leveled a metal fabricating and manufacturing business in the northwest of the city, killing two workers, damaging hundreds of

Authorities say a chemical waste landfill in Oregon near the Columbia River has been accepting hundreds of tons of radioactive fracking waste from North Dakota in violation of Oregon regulations February 14, 2020, 5:34 PM 3 min read ARLINGTON, Ore. — A chemical waste landfill near the Columbia River in Oregon accepted hundreds of tons

A prominent British lawmaker has warned that allowing China’s state-run railway to build a high-speed rail line linking London with central and northern England would be “extremely questionable By PAN PYLAS Associated Press February 15, 2020, 12:27 PM 2 min read LONDON — Allowing China’s state-run railway to build a high-speed rail line linking London