Economy

China pledges to boost chip purchases in bid for trade deal

US and Chinese negotiators began talks Thursday that Trump says will help decide whether he allows another tariff hike on $200 billion of imports from China ...


Buyer's Remorse? Amazon Could be Getting Cold Feet in NY

On Monday, New York State Senate Majority Leader Andrea Stewart-Cousins chose Senator Michael Gianaris , a Deomocrat who represents Long Island City, and one...


Oil drops as global economic concerns grip market

The government's official supply report is due out later on Wednesday. The Energy Information Administration (EIA) wind of the Department of Energy (DoE) rele...


Oil Heads Lower On Small Inventory Build

Taking control of oil revenues - the basis of Venezuela's economy - from Maduro and giving it to Guaido, and the decision to sanction oil companies, is the bo...


U.S. sets deadlines in Venezuela oil sanctions

Prices were also helped after Washington provided details on sanctions against sanctions the Venezuela's Petróleos de Venezuela SA. Oil prices jumped with the...


Trump to Meet with China's Chief Trade Negotiator

The White House reiterated its threat to raise tariffs by March 1, unless a "satisfactory outcome" is reached. Philip Levy, senior fellow at the Chicago Cou...


Stocks soar after Federal Reserve announces pull-back

Benchmark U.S. Treasury yields, which tend to set the bar for global borrowing costs, had dived significantly and Europe's big move saw Italian 2-year yields ...


Venezuela: Widespread protests demand Nicolas Maduro step down

President Nicolas Maduro said he was ready to sit down for talks with the country's opposition and open to the possibility of third countries mediating. Guaido...


U.S. charges Huawei with stealing trade secrets and violating sanctions

She was arrested on December 1 in Canada. The U.S. has accused her of knowingly violating sanctions against Iran by using a subsidiary company; Meng has denie...


Oil falls on increased USA rig count, China industrial slowdown

Mexico and Uruguay-who still recognized Maduro as president-have also offered to mediate talks between the government and opposition, while other members of the...


Oil prices climb as US threatens sanctions against Venezuela

On Wednesday, Venezuelan opposition leader Juan Guaido declared himself interim president on Wednesday, winning over the backing of the Washington and many ...


Flights delayed at major US airports because of staffing, FAA says

Just after 11 a.m., the FAA posted on its website that Orlando was among major airports - including Miami and Atlanta - experiencing delays because flights we...


US orders some diplomats to leave Venezuela amid political turmoil

The United States steps up its support for Venezuela's opposition leader, but the country's military promises its loyalty to President Nicolas Maduro . But L...


At least 20 killed in pipeline explosion in central Mexico

Dozens of charred bodies remain at the scene, which is cordoned off by security forces. The blast occurred near Tlahuelilpan, a town of 20,000 people about ...


Theresa May in cross-party talks to find way forward on Brexit

All 27 European Union leaders would have to sign off a Brexit date postponement in case May requests one - something she has until now refused to do. Either w...


China Blasts Apple, Amazon for References to Taiwan and Hong Kong

A dispute over control of Taiwan has been a driving factor in the increase of modernization. The drills are Taiwan's first since Chinese President Xi Jinpi...


Alexandria Ocasio-Cortez appointed to panel overseeing financial sector

It also ensures enforcement of housing and consumer protection laws such as the U.S. Housing Act, the Truth In Lending Act, the Housing and Community Developmen...


Food bank set up for Tampa Airport employees amid government shutdown

Across the U.S., airports are making changes to deal with the shortage of screeners. TSA spokesman Michael Billelo said callouts were at 7.7 percent nationw...


After big Brexit deal defeat, PM May set to win trust vote

The prime minister is approaching those discussions with a set of principles on Brexit, a United Kingdom official told reporters later, adding she'd never used ...


US in criminal probe of China's Huawei

Chinese Foreign Ministry spokeswoman Hua Chunying expressed " strong dissatisfaction" with that. She is now waiting for an extradition process to be finaliz...