Economy

PITTSBURGH — U.S. Vice President Kamala Harris said on Wednesday she would offer tax credits to domestic manufacturers and invest in sectors that will "define the next century," as she detailed her economic plan to boost the U.S. middle…
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NEW YORK — The U.S. Justice Department filed an antitrust lawsuit against Visa on Tuesday, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and…
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Colombo, Sri Lanka — Sri Lanka's new President Anura Kumara Dissanayake dissolved Parliament late Tuesday and called for parliamentary elections in less than three weeks in an effort to consolidate power after his weekend election victory.…
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Colombo, Sri Lanka — Sri Lanka's new leftist president appointed his Cabinet Tuesday ahead of an expected snap parliamentary election as he prepares to renegotiate the bankrupt island nation's unpopular International Monetary Fund bailout…
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Berlin — Germany's leading economic institutes have downgraded their forecast for 2024 and now see Europe's largest economy shrinking by 0.1%, people familiar with the figures from the autumn joint economic forecast told Reuters on Tuesday.…
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New York — The U.S. Commerce Department said Monday it's seeking a ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware with the stated goal of protecting national…
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Washington — The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns — a move that would effectively bar nearly all Chinese cars…
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Brussels, Belgium — Eurozone business activity declined for the first time in seven months in September, as France lost steam after the end of the Paris Olympic Games, a key survey said Monday. S&P Global's purchasing managers' index…
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Brussels — The European Commission launched a challenge at the World Trade Organization (WTO) on Monday against China's investigation into EU dairy products, initiated after the European Union placed import tariffs on Chinese electric…
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Washington — Even before the Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets had begun making credit cheaper for households and businesses as they bid down mortgage rates, cut…
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