manufacturing

WASHINGTON | US industrial production climbed 0.6 percent in November

WASHINGTON — U.S. industrial production climbed 0.6 percent on surging output at mines and utilities. But manufacturing production was flat. The Federal Reserve said Friday that that utility output rose 3.3 percent as power companies were busier because of unusually cold weather. Mining output rose 1.7 percent on higher production at coal mines and oil … Continue reading WASHINGTON | US industrial production climbed 0.6 percent in November

MOSCOW | Space station crew to inspect mysterious hole on spacewalk

MOSCOW — Two Russian cosmonauts are preparing to venture outside the International Space Station to inspect a section where a mysterious leak has been discovered. The leak was spotted on Aug. 30 in the Russian Soyuz spacecraft attached to the station. The crew quickly located and sealed the tiny hole that created a slight loss … Continue reading MOSCOW | Space station crew to inspect mysterious hole on spacewalk

DETROIT | GM plant closing not expected to stall Detroit’s rebound

DETROIT — General Motors’ planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for “putting America on wheels,” but the closure and job losses are not expected to stall-out Detroit’s comeback since its 2014 bankruptcy exit. Experts say a more tech-driven and medical industry economy is moving … Continue reading DETROIT | GM plant closing not expected to stall Detroit’s rebound

WASHINGTON | US hiring slowed to 155K jobs, jobless rate stayed 3.7%

WASHINGTON  — U.S. employers added 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. The Labor Department said Friday that the unemployment rate remained 3.7%, nearly a five-decade low, for the third straight month. Average … Continue reading WASHINGTON | US hiring slowed to 155K jobs, jobless rate stayed 3.7%

WASHINGTON | Solid US jobs report expected amid sharp market volatility

WASHINGTON — Friday’s jobs report for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade … Continue reading WASHINGTON | Solid US jobs report expected amid sharp market volatility

WASHINGTON | Survey: US companies add a robust 227,000 jobs in October

WASHINGTON— U.S. companies added 227,000 jobs in October, according to a private survey, a healthy gain that suggests companies are still finding workers to hire even as the unemployment rate has fallen to a 49-year low. Payroll processor ADP said Wednesday that employers added jobs in manufacturing, retail, and professional services such as engineering. October’s … Continue reading WASHINGTON | Survey: US companies add a robust 227,000 jobs in October

US stocks edge lower as traders weigh earnings; oil rises

U.S. stocks declined in early trading Wednesday, adding to losses from a day earlier. Losses in technology and internet services companies outweighed gains in retailers and other consumer-focused companies. Energy stocks rose as oil prices rebounded from a steep drop a day earlier. KEEPING SCORE: The S&P 500 fell 11 points, or 0.4 percent, to … Continue reading US stocks edge lower as traders weigh earnings; oil rises

ANKARA, Turkey | The Latest: CIA director in Turkey to review Khashoggi case

ANKARA, Turkey  — The Latest on the killing of Saudi writer Jamal Khashoggi (all times local): 3:15 p.m. A U.S. official says CIA Director Gina Haspel is in Turkey to review the case of slain Saudi writer Jamal Khashoggi. The official was not authorized to discuss the trip and spoke only on condition of anonymity. … Continue reading ANKARA, Turkey | The Latest: CIA director in Turkey to review Khashoggi case