Economy

WASHINGTON — Treasury Secretary Janet Yellen said her agency would need to start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14, in a…
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Rio de Janeiro, Brazil — Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected "trafficking" of Chinese workers building a factory in the South American country. Federal…
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BEIJING/TOKYO — Talks between China and Japan's foreign ministers in Beijing have paved way for Japan to host China's foreign affairs chief next year, and mutual agreement to hold a security dialogue as soon as possible, Japan said on…
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The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year. The…
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BEIJING/TOKYO — Talks between China and Japan's foreign ministers in Beijing have paved way for Japan to host China's foreign affairs chief next year, and mutual agreement to hold a security dialog as soon as possible, Japan said on…
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Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law. The lawsuit filed in U.S. District Court in Columbus, Ohio, claims the Fed's…
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TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two…
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Washington — President-elect Donald Trump said on Sunday that Stephen Miran, a Treasury Department adviser in his first administration, would be the chair of his Council of Economic Advisers. The council advises the president on economic…
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PARIS — Pastry chef Arnaud Delmontel rolls out dough for croissants and pains au chocolat that later emerge golden and fragrant from the oven in his Paris patisserie. The price for the butter so essential to the pastries has shot up in…
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Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union. Warehouse workers in cities including New York, Atlanta…
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