Tag: Recessions and depressions
The USAID shutdown is upending livelihoods for nonprofit workers, farmers and other Americans
WASHINGTON -- There's the executive in a U.S. supply-chain company whose voice breaks while facing the next round of calls telling employees they...
China's Xi meets with business leaders to boost economy
China’s President Xi Jinping has met with the country’s top business leaders, state media reported, including Jack Ma, the founder of Alibaba who...
Joann moves to close 500 of its stores across the US amid bankruptcy
NEW YORK -- Struggling fabric and crafts seller Joann plans to close about 500 of its stores across the U.S. — or more...
Board rejects rate increase to help restructure debt of Puerto Rico power company
SAN JUAN, Puerto Rico -- The executive director of a federal control board that oversees Puerto Rico’s finances said that it is “impossible”...
Trump administration orders consumer protection agency to stop work, closes building
WASHINGTON -- The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency...
Mexican border cities are in limbo as tariff threats spark fears of a recession
CIUDAD JUÁREZ, Mexico -- As soon as the sun glints over miles of border fence dividing the United States and Mexico, the engines...