Economy

Euro gains in global use, but dollar still dominates

Jun 13, 2019

The European Central Bank says the euro has gained ground on the dollar as a global currency used for government reserves, rebounding from historic lows as U.S. sanctions deter some countries' use of the U.S. currency

French prime minister vows to continue reforming economy

Jun 12, 2019

France's prime minister says the government of President Emmanuel Macron plans to keep reforming the economy and will look at unemployment benefits, the pension system and tax cuts for middle-class workers

Australian PM: WTO needs mending to keep up with the times

Jun 7, 2019

Australian Prime Minister Scott Morrison says the World Trade Organization needs mending to keep up with the times

After Fed turn, Europe faces stimulus question

Jun 6, 2019

The European Central Bank is wrestling with what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus

Asian stocks mixed after Trump threatens Mexico tariffs

Jun 6, 2019

Asian markets mixed after Trump threatens to push ahead with tariffs on Mexican goods

Eurozone jobless rate lowest in over a decade

Jun 4, 2019

The unemployment rate has fallen fell to its lowest since August 2008 in the 19 countries that use the euro, as domestic demand keeps growth chugging despite ill winds from slowing global trade

Pence says US-Canada relationship has 'never been stronger'

May 31, 2019

Vice President Mike Pence says the U.S.-Canada relationship has "never been stronger," less than a year after a trade tiff had chilled the allies' historically warm ties

Airline group chief: Boeing jet won't return before August

May 29, 2019

The global airline trade group says it expects the Boeing 737 Max jet will remain grounded at least through mid-August after two deadly crashes

German unemployment ticks up in May

May 29, 2019

The Federal Labor Agency says unemployment ticked up in Germany in May, but that the labor market in Europe's largest economy remained strong

UN reveals rights abuse at thriving markets in North Korea

May 28, 2019

UN report reveals rights abuses behind thriving markets in North Korea

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