Markets

President Joe Biden on Monday (May 3) called on wealthy Americans and corporations to pay their "fair share" to fund free community college and other benefits for workers as he promoted his sweeping jobs and safety-net plans at schools in Virginia. 

New York, New Jersey and Connecticut will lift most of their coronavirus capacity restrictions on businesses, including retail stores, food services and gyms, beginning on May 19, the governors of the three states said on Monday (May 3).

President Joe Biden’s call for authorising Medicare to negotiate lower prescription drug prices has energised Democrats on a politically popular idea they've been pushing for nearly 20 years only to encounter frustration.

Growth in US manufacturing slowed slightly in April partly due to a snarled global supply chain after hitting a 37-year high in March.

Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing out US$28.6 billion in grants - money to help these small businesses stay afloat while they wait for customers to return.

In the first Biden administration rule aimed at combating climate change, the Environmental Protection Agency is proposing to phase down production and use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigerators and air conditioners.

A coalition of US and European travel, airline, union, business and airport groups on Monday (May 3) called for fully reopening the US-UK air travel market "as soon as safely possible".

MENLO PARK, California: Former US president Donald Trump will find out this week whether he gets to return to Facebook. The social network’s quasi-independent Oversight Board said it will announce its decision Wednesday (May 5) on a case concerning the former president. Trump's account was ...

SINGAPORE: Singapore’s factory activity expanded for a 10th consecutive month in April, data released on Monday (May 3) by the Singapore Institute of Purchasing & Materials Management (SIPMM) showed. The Purchasing Managers' Index (PMI) recorded an increase of 0.1 point in April to post a faster ...

MONTREAL, Canada: Bombardier said on Monday (May 3) it expects first-quarter business jet revenues to rise by 18 per cent to US$1.3 billion from a year ago, helped by improving demand for air travel. The Montreal-based maker of Global aircraft will report results on Thursday. Bombardier expects ...