Economic growth

Business

Official: China mining more coal but increasing wind, solar

BEIJING — China plans to boost coal production through 2025 to avoid a repeat of last year’s power shortages, an…

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Business

Another month of solid US hiring suggests more big Fed hikes

WASHINGTON — America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely…

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Europe

How Brexit has harmed Liz Truss’ quest for ‘growth, growth and growth’

“I have three priorities for our economy: growth, growth and growth.” The concept formed the centrepiece of Liz Truss’ speech…

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Business

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated…

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Business

Bank of England to buy UK bonds to avert financial risk

LONDON — The Bank of England said Wednesday that it will launch a temporary government bond-buying program to stave off…

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Business

This Week: New home sales, GDP snapshot, consumer spending

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BELLWETHER The Commerce…

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Business

Dow sinks to 2022 low as recession fears roil world markets

BEIJING — Stocks fell sharply worldwide Friday on worries an already slowing global economy could fall into recession as central…

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Business

UK slashes personal, corporate taxes in bid to spur growth

LONDON — Britain’s new Conservative government announced Friday it will cut personal income tax, scrap a planned tax hike on…

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Business

Layoffs loom on the horizon, some economists say

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on…

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Business

Fewer Americans file for jobless benefits again last week

WASHINGTON — The number of Americans applying for unemployment benefits fell again last week to a four-month low even as…

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