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Economy

US employers added 303,000 jobs in March in sign of economic strength

WASHINGTON —  America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates….

Botswana leads calls on G7 countries to review diamond tracking initiative

GABORONE, BOTSWANA —  Africa’s leading diamond producer, Botswana, has written to the Group of Seven leading industrial countries seeking to reverse an initiative requiring all producers to send gems to Belgium for certification. This follows G7 move to prevent the…

Trading of indebted developer Country Garden suspended in Hong Kong

Trading in shares of Chinese property developer Country Garden was suspended Tuesday in Hong Kong, amid financial woes stemming from the ongoing Chinese housing crisis. The announcement came days after the company, which used to be one of China’s biggest…

This is America’s best-selling vehicle for 42 years running

Dearborn, Michigan —  All About America explores American culture, politics, trends, history, ideals and places of interest. America’s best-selling vehicle rolls off the assembly line every 53 seconds at Ford’s Dearborn truck plant in Michigan. More than 41 million F-150s…

New $20 Minimum Wage for California Fast Food Workers Starts Monday

LIVERMORE, Calif. —  Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to…

Bird Flu, Weather, Inflation Keep Egg Prices Near Historic Highs

Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand and growing costs for farmers. It’s the second year in a row consumers have faced…

IMF Confirms Increasing Egypt’s Bailout Loan To $8 Billion

CAIRO —  The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy, which…

Uranium Being Mined Near Grand Canyon as Prices Soar

The largest uranium producer in the United States is ramping up work just south of Grand Canyon National Park on a long-contested project that comes as global instability and growing demand drive uranium prices higher. The Biden administration and dozens…

West African Project Helps Women Farmers Claim Their Rights, Land

ZIGUINCHOR, Senegal —  Mariama Sonko’s voice resounded through the circle of 40 women farmers sitting in the shade of a cashew tree. They scribbled notes, brows furrowed in concentration as her lecture was punctuated by the thud of falling fruit….

China to Drive World Economic Recovery, Says a Top Communist Official

Brushing off domestic economic headwinds, a top Communist Party official said Thursday that China aims to drive the world’s recovery this year by pushing forward reforms and making tech innovation a new point of growth. The remarks from Zhao Leji,…