On Feb. 19, 2016, at a campaign rally in North Charleston, South Carolina, then-candidate Donald Trump gave a stump speech in which he railed against American jobs moving to Mexico: “We lose our jobs, we close our factories, Mexico gets all of the work,” he said. “We get nothing.” …
your ad hereNative Americans March in Washington to Protest Pipeline
Thousands of Native Americans from across the Unites States marched in Washington to protest President Donald Trump’s decision to advance the construction of the Keystone XL Pipeline and Dakota Access oil pipelines. VOA’s Penelope Poulou has more. …
your ad hereUS Job Gains Make Higher Interest Rates a Near Certainty
The first jobs report on President Donald Trump’s watch is a good one. The private sector added 235,000 jobs in February, more than expected, and a sign that the economy and consumer confidence are healthy. But the jobs report also means that higher borrowing costs, for consumers and businesses, are …
your ad hereJobs Report No Longer Phony, Trump Says, Now That It’s His
President Donald Trump is embracing government numbers he once maligned as “phony” as he tries to take credit for the latest U.S. jobs report. The new administration on Friday promoted Labor Department statistics that show U.S. employers added 235,000 jobs in February. The unemployment rate dipped to 4.7 percent from …
your ad hereWall Street Celebrates 8 Years of Bull Market
Happy birthday to the U.S. bull market! Eight years ago, the S&P 500 closed at 676.53, the low point for the worst bear market in equities since the Great Depression. “No one would have ever believed it possible at the time, but at 97 months old, this now ranks as …
your ad hereCaribbean Nations Huddle in Havana on Migration, Trade
Foreign ministers and other officials from 25 Caribbean countries met in Havana on Friday to discuss a joint response in the face of Trump administration threats to migrants and trade. Opening remarks at the closed-door event, attended by representatives from Colombia, Mexico, Cuba and other countries in Central America and …
your ad herePanel Rules Venezuela Won’t Have to Pay $1.4B to ExxonMobil
A World Bank arbitration panel has determined that Venezuela will not have to pay $1.4 billion to ExxonMobil for confiscating company assets during a wave of nationalizations. ExxonMobil asked the bank’s investment dispute panel for $12 billion for the seizure of its Cerro Negro facilities in the Orinoco Basin …
your ad hereKenya Firing Doctors in Dispute Over Collective Bargaining Agreement
A decision by the government to fire doctors who went on strike three months ago has left Kenya’s health care sector in crisis. Kenyans remain in limbo after the two sides failed to agree on and sign documents that cover a range of issues, including better pay and working conditions …
your ad hereUS Commerce Secretary Says NAFTA Talks to Launch Soon
U.S. Commerce Secretary Wilbur Ross says he hopes to launch formal talks to renegotiate the North American Free Trade Agreement with Mexico and Canada in a little more than three months. Ross spoke with reporters in Washington Friday, saying he hopes to notify Congress in the next couple of weeks …
your ad hereRoss: US Hopes to Launch NAFTA Talks in Just Over 90 Days
U.S. Commerce Secretary Wilbur Ross said on Friday he hopes to launch formal talks to renegotiate the North American Free Trade Agreement with Canada and Mexico in a little over three months. U.S. President Donald Trump was strongly critical during his election campaign of NAFTA and other trade agreements that …
your ad hereSouth African Taxi Drivers Hold Airport Protest Against Uber
South African taxi drivers on Friday blocked roads around Johannesburg’s main international airport to protest against ride-hailing company Uber, causing some passengers to miss their flights. The protest by drivers with metered cabs, who say Uber unfairly siphons business from them, caused morning traffic jams on two highways near O.R. …
your ad hereUS Unemployment Drops Slightly; Economy Gains 235K Jobs
The U.S. economy had a net gain of 235,000 jobs in February, while the unemployment rate fell one-tenth of a percent to 4.7 percent. Friday’s report from the Labor Department was stronger than most economists expected. Some experts say it takes around 100,000 jobs a month to accommodate new entrants …
your ad hereFebruary Jobs Report: More Solid Growth Expected
U.S. employers are thought to have hired at a brisk pace in February, and the unemployment rate is expected to stay low, a result that would provide further evidence of a consistently solid job market. Economists have forecast a job gain of 186,000 and a decline of one-tenth of …
your ad hereBehind NYC’s ‘Fearless Girl’ Statue Are 2 Corporate Giants
A bronze of a little girl defiantly facing Wall Street’s Charging Bull didn’t appear suddenly or spontaneously in the middle of the night in Manhattan’s financial district. It took months of intricate planning by two corporate giants to install “Fearless Girl” under the veil of darkness in time for Wednesday’s …
your ad hereChile Trade Head: Paths Open to New Pacific Trade Pact, Post-TPP
Countries that signed up for the failed trade pact known as the Trans-Pacific Partnership (TPP) will meet in Chile next week, seeking a way forward on a possible future regional deal, Chile’s head of international trade told Reuters. Representatives from the 12 countries that formed the TPP, plus China and …
your ad hereOil Bulls Blink After Months of Attempts to Boost Crude Prices
Oil bulls trying to push the crude market higher finally waved the white flag Wednesday, triggering the biggest rout in a year on concerns that stubbornly high inventory levels would persist despite supply cuts. Prices had been locked in the tightest trading range in over a decade as traders and …
your ad hereNigeria’s Rice Boom Raises Output but Old Problems Persist
Nigerian Abdulhakim Mohammed has just graduated in architecture but, like many people ranging from unemployed locals to foreign investors and Africa’s richest man, he has decided the future lies in rice farming. The reason is that domestic rice prices have more than doubled in the last two years due to …
your ad hereIran’s Khamenei: Economic Progress Limited Despite Lifted Sanctions
Iran’s supreme leader criticized the country’s slow pace of economic recovery on Thursday despite the lifting of sanctions and called on President Hassan Rouhani’s government to champion greater self-sufficiency, state TV reported. Ayatollah Ali Khamenei’s criticism comes ahead of Iran’s presidential election in May, when the pragmatist president is expected …
your ad hereChina Says it Followed Law in Approving 38 Trump Trademarks
China on Thursday defended its handling of 38 trademarks it recently approved provisionally for President Donald Trump, saying it followed the law in processing the applications at a pace that some experts view as unusually quick. Democrats in Congress were critical of Trump after The Associated Press reported Wednesday that …
your ad herePrison Leads Way to Taiwan’s Solar Power Future
On Pingtung jail’s sunlit roof, prisoner No. 24 has a view of a brighter future. Ex-cop Chen, serving time for bribery, is learning how to install solar panels in a program that’s part of Taiwan’s shimmering vision of a future without nuclear power. The 48-year-old is working on a project …
your ad hereUS Commerce Chief Sees No Major NAFTA Talks Until Later This Year
U.S. Commerce Secretary Wilbur Ross said on Wednesday that substantial negotiations to revamp the North American Free Trade Agreement likely will not get started until the latter part of this year and could take a year to complete. Ross, speaking to Bloomberg Television, said U.S. legal notification requirements with partners …
your ad here‘No Time for Trial and Error’ as Cape Town’s Mayor Leads Green Push
National leaders may have been the ones to sign the Paris Agreement to combat climate change — but when it comes to putting the deal into effect, “it is cities that drive most of the change,” says Cape Town’s mayor Patricia de Lille. Since taking charge of South Africa’s second …
your ad here‘Fearless Girl’ Statue Stares Down Wall Street’s Iconic Bull
A new statue of a resolute young girl now faces Wall Street’s famous Charging Bull, erected by a major asset managing firm for International Women’s Day to make a point: There’s a dearth of women on the boards of the largest U.S. corporations. State Street Global Advisors, the Boston-based investment …
your ad hereStudy: Herders’ Livestock Paved Silk Road
The hooves of nomads’ livestock forged the critical middle link between the civilizations of East and West along the Silk Road, according to new research. Rather than seeing pastoralists as marginal players in the stories of the great civilizations of Asia and Europe, the new study puts these herders squarely …
your ad hereNYSE: 200 Years of Market Ups & Downs
Two hundred years ago on March 8, 1817, the New York Stock & Exchange Board was officially launched by a group of financial brokers, who rented rooms at 40 Wall Street. It was renamed the New York Stock Exchange (NYSE) in 1863. The idea for stock market was informally created in 1792, …
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