Economy

WASHINGTON — The war in Sudan is likely to cause heavy economic damage in neighboring countries, the IMF's deputy director for Africa, Catherine Pattillo, told AFP. "What is going on there for the people in Sudan is just so heart wrenching…
Read More...

Striking workers' rejection of planemaker Boeing's BA.N latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge. If the strike by more than 33,000 U.S. Boeing workers…
Read More...

Iranian photographer Tannaz was on her way to Tehran's airport when European sanctions on flag carrier Iran Air forced her to return home, unable to make it to work in Paris. It was within hours of the European Union announcing measures…
Read More...

EVERETT, Wash. — Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept a company contract offer or continue their crippling…
Read More...

Ethiopia’s state-owned telecommunications company has started selling shares to the public, in a move aimed at establishing a new national stock market and giving Ethiopians a stake in the company, one of the country's largest and most…
Read More...

Washington — The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China. It left its forecast for global growth unchanged at a…
Read More...

Detroit — Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time to replace her Chevrolet Blazer SUV, for which she'd paid about $40,000 three years ago, Chumley chose something…
Read More...

Chicagp — U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China,…
Read More...

Mel Nichols, a 37-year-old bartender in Phoenix, Arizona, takes home anywhere from $30 to $50 an hour with tips included. But the uncertainty of how much she's going to make on a daily basis is a constant source of stress. “For every good…
Read More...

LA RIOJA, Argentina — They look like cash, fit into wallets like cash and the governor promises they'll be treated like cash. But these brightly colored banknotes aren't pesos, the depreciating national currency of Argentina, or U.S.…
Read More...