by Nick Hagar | Feb 22, 2016 | Business
WASHINGTON — Economic growth trended above historical levels in January, indicating a jump in production and a decreased likelihood of recession, according to a key index from the Federal Reserve Bank of Chicago. The Chicago Fed National Activity Index, which tracks...
by Nick Hagar | Feb 17, 2016 | Business
WASHINGTON — The chairman of the House Small Business Committee Wednesday called on Congress to approve President Barack Obama’s trade deal with Asian countries, despite opposition on Capitol Hill to the Trans-Pacific Partnership. Rep. Steve Chabot, R-Ohio, told an...
by Sabrina Rodriguez | Feb 17, 2016 | Business
WASHINGTON — Commerce Secretary Penny Pritzker called on Cuban officials Wednesday to help create a welcoming atmosphere to aid the growth of U.S. companies opening shop on the island nation. “Without specific changes on your side, our changes will not unlock...
by Nick Hagar | Feb 15, 2016 | Business
WASHINGTON – In the digital age, direct mail marketing – the postcards and coupon sheets that have filled mailboxes for decades – seems almost quaint, outdated snail mail headed for the nearest wastebasket. But a new product called Scout hopes to...
by Sabrina Rodriguez | Feb 10, 2016 | Business
WASHINGTON – The federal government and state justice officials need to crack down on online hotel booking scams that are costing vacationers upwards of $1.3 billion a year in bogus reservations, two Florida lawmakers said Wednesday. Reps. Lois Frankel, a Democrat,...
by Mariana Alfaro | Feb 10, 2016 | Business
WASHINGTON — Having safe cities is a first step to develop a nation economically, security experts said Wednesday as the Brookings Institution and JPMorgan Chase announced a joint project that aims to help cities improve safety. The project aims to “help cities...
by Shane McKeon | Feb 10, 2016 | Business, Politics
WASHINGTON — China’s slowing economy and ailing commodity markets are the biggest threats to an otherwise healthy U.S. economy, Former Federal Reserve chairman Ben Bernanke said Wednesday. He also pushed back against a movement to “audit” the Fed. Bernanke,...
by Celena Chong | Feb 10, 2016 | Business, Politics
WASHINGTON — An agricultural coalition is urging Congress to promote free trade with Cuba by lifting the 55-year-old trade embargo by the end of this year. President Barack Obama has already lifted the ban on travel to Cuba, made licenses to export commodities...
by Tyler Kendall | Feb 9, 2016 | Business
WASHINGTON- Cary James spent four years getting a degree in mechanical engineering from Boston University. But after a few years of working in her field, she quit and became an electrician apprentice. The Obama administration Tuesday proposed a $2 billion...
by Sabrina Rodriguez | Feb 9, 2016 | Business
WASHINGTON – More than 200 federal employees from as far away as California rallied on Capitol Hill on a rainy Tuesday to demand that Congress raise wages for federal workers by 5.3 percent, well above the pay hike proposed by President Barack Obama in his 2017...
by Celena Chong | Feb 3, 2016 | Business
WASHINGTON — Colombia is at the brink of ending a decades-long battle against the FARC guerrillas, making the country a great investment for the U.S., Colombian President Juan Manuel Santos told business leaders at the U.S. Chamber of Commerce on Monday. It...
by Tyler Kendall and Celena Chong | Feb 3, 2016 | Business
Tech CEOs are much more interested in a potential presidential bid by former New York Mayor Michael Bloomberg than throwing their support behind Hillary Clinton, according to one expert who tracks the industry. Greg Ferenstein’s new e-book, “The Age of Optimists: A...
