World Business & Finance

Business & Finance News from across the world.

German Cabinet approves 2021 budget with high borrowing

Germany's Cabinet on Wednesday approved a 2021 budget that foresees significant borrowing for the second consecutive year as Europe's biggest economy tries to lessen...

UN labor agency: Growing rich-poor gap amid COVID pandemic

GENEVA (AP) — The U.N. labor agency warned Wednesday that the coronavirus pandemic has led to a massive drop in income for workers around...

China blasts US House bill, denies forced labor in Xinjiang

BEIJING (AP) — China on Tuesday lashed out at the passage of a bill by the U.S. House of Representatives that threatens sanctions over...

New Ohio House speaker’s sterling narrative has detractors

COLUMBUS, Ohio (AP) — There were some whispers among members of the Republican caucus that Bob Cupp should be the person to lead the...

Bolsonaro to world: Brazil is victim of environmental smear

RIO DE JANEIRO (AP) — Brazilian President Jair Bolsonaro defended his administration’s record protecting the Amazon rainforest, telling the United Nations’ virtual meeting of...

GAO: Millions in danger of missing coronavirus payments

WASHINGTON (AP) — A government watchdog says millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual...

Asian markets lower after Wall St declines for third week

BEIJING (AP) — Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in...

California paid leave law among nation’s broadest

SACRAMENTO, Calif. (AP) — A new law in California lets more people than almost anywhere else in the country take up to three months...

US sanctions 2 Lebanon-based firms, Hezbollah-linked person

BEIRUT (AP) — The U.S. Treasury on Thursday imposed sanctions on two Lebanon-based companies and a man described as an official with the Lebanese...

Fed Cup changes name to honor tennis great Billie Jean King

The Fed Cup is changing its name to honor tennis great Billie Jean King, the woman whose lifelong battle for equality and social justice...