American carmaker Tesla said on Monday that it had invested around $1.5 billion in bitcoin, an internet-based form of money.
China's economy picked up speed in the fourth quarter of 2020 to end the year with a growth rate of 2.3 percent.
President-elect Joe Biden is proposing a coronavirus action plan that centers on mass vaccination in the United States and more financial assistance to help the economy. The plan could cost as much as $1.9 trillion dollars.
The Christmas season has always been important for the economy. Stores, hotels and travel businesses usually make their money at Christmas time. But it is unclear if the holiday season helps other industries.
After two deadly crashes and nearly two years of investigation, the Federal Aviation Administration (FAA) has cleared Boeing's 737 Max jet for flight.
The World Bank has approved $12 billion in financing to help poor countries buy and give out coronavirus vaccines, tests and treatments. The aim is to support the vaccination of up to 1 billion people in the developing world.
A new report rates the United States and Britain as the largest exporters most active at enforcing rules meant to stop companies from paying bribes in foreign markets. The report found that many other nations are doing almost nothing to stop bribery.
At the Pyramids of Giza, a few tourists walk among Egypt's ancient wonders. At Red Sea resorts, visitor numbers are well below what they were in earlier years.
Vietnamese officials have lowered expectations for their country's normally fast-growing economy in 2020. The officials noted that weakness in the international economy has reduced demand for exports and international travel.
A new report says the coronavirus pandemic caused a 65 percent decrease in international travel during the first six months of 2020.
Instant coffee mix and Nike Air Max footwear are all in. Bottled water and high-end Burberry trench coats are out.
Government officials say the United States is using less energy than it has in thirty years.
The United States economy shrank at a yearly rate of 32.9 percent between April and June of this year. It is the worst quarterly contraction in the economy ever recorded.
Vietnam has reported big success in limiting the spread of COVID-19 inside the country. But the worldwide pandemic has left nearly 1 million Vietnamese unemployed.
The United States, Japan and France are urging their businesses to depend less on China to make smartphones, drugs and many other products.
Southeast Asian countries have become China's biggest trading partner this year. At the same time, economic activity in wealthier nations has slowed because of the spread of the COVID-19 disease.
The death of George Floyd as he was put under arrest by four police officers in Minneapolis, Minnesota has fueled anger over race issues in the United States.
Vietnamese Prime Minister Nguyen Xuan Phuc looked very happy during a visit to an industrial park last weekend. He talked to workers about their health and examined the speakers being produced in factories.
Very few economists expect a strong economic recovery worldwide after the coronavirus health crisis ends, a new study found.
For centuries, people have kept large amounts of cash at home during difficult times. But in the coronavirus crisis, things are different. These metal coins and paper bills can be a source of worry rather than hope.
American company Johnson & Johnson is ending sales of its popular talcum powder in the U.S. and Canada. The product is called Johnson's Baby Powder. Its demand has decreased in recent years as a result of thousands of lawsuits claiming it has caused
Editor's Note: Late Thursday, the U.S. House of Representatives passed an additional $484-billion aid bill already approved by the Senate. The legislation now goes to the president to be signed into law.About 26.5 million jobless Americans have asked the
Some wealthier Western nations have begun easing restrictions to guard against the new coronavirus. Many developing countries want to ease their coronavirus restrictions, but they cannot afford to make a mistake.
Governments around the world are struggling to decide when people can return to work. The coronavirus pandemic has closed businesses and factories and damaged economies.