Economy

US productivity grew at strong 2.9 percent rate in Q2

Aug 15, 2018

US productivity grew at strong 2.9 percent rate in second quarter while labor costs fell

The Latest: Turkish court rules to free rights activist

Aug 15, 2018

Amnesty International says a court in Istanbul has ruled for the release from prison of the rights group's former Turkey chairman.

US retail sales rose at robust 0.5 pct. annual rate in July

Aug 15, 2018

US retail sales up a healthy 0.5 percent annual rate as consumers spend more on cars and restaurants

White House admits error for false claim on black employment

Aug 15, 2018

In a rare admission of error, the White House has walked back its false claim that President Donald Trump created three times as many jobs for African American workers than President Barack Obama

US retail sales up a healthy 0.5 percent in July as consumers spend more at auto dealers and restaurants

Aug 15, 2018

US retail sales up a healthy 0.5 percent in July as consumers spend more at auto dealers and restaurants

Global markets sink on growth concerns, Turkey jitters

Aug 15, 2018

Stock markets are down amid a drop in commodity prices that suggests concern about economic growth.

How US Fed is unintentionally squeezing developing economies

Aug 15, 2018

How the US Fed is unintentionally squeezing Turkey and other developing economies

British inflation rate rises, keeping squeeze on households

Aug 15, 2018

The inflation rate in Britain has ticked up, keeping a squeeze on households facing the uncertainty of Brexit

Turkey increases tariffs on some US goods, escalating feud

Aug 15, 2018

Turkey is increasing tariffs on imports of certain U.S. products, escalating a feud with the United States that has helped trigger a currency crisis

New Zealand bans most foreigners from buying homes

Aug 15, 2018

New Zealand has banned most foreigners who don't live in the country from buying homes as it tries to tackle runaway housing prices