Thousands of Canadian auto industry workers have been furloughed with more temporary layoffs coming as negotiations on a new labor contract between General Motors and the...Autosread more
U.S. officials, including Secretary of State Mike Pompeo, have accused Iran of orchestrating devastating strikes on Saudi oil installations over the weekend.Politicsread more
Rosengren was one of two central bank officials to vote against Wednesday's quarter-point rate reduction, and explained in a speech to the Stern School of Business at New York...Economyread more
The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each.The Fedread more
"The president is right to make this the center point of the rising and sustained trade conflict," says Sen. Chris Coons.Politicsread more
Morrison and Trump were expected to discuss a range of issues during a bilateral meeting Friday morning, including the ongoing U.S.-China trade war and the rising tensions in...Politicsread more
Some businesses, mostly small- to mid-sized companies, are providing workers with paid time off to join the Global Climate Strike, while others are shutting down operations...Weather & Natural Disastersread more
FedEx's earnings disappointment and outlook warning earlier this week were a "wake-up call," says the "Mad Money" host.Investingread more
President Trump's criticism of Fed Chairman Jerome Powell has been more public because of Twitter, says economist Alan Blinder.Economyread more
A bipartisan group of senators is urging acting Food and Drug Administration Commissioner Ned Sharpless to immediately pull most e-cigarettes off the market, including market...Health and Scienceread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
China's export growth fizzled in September to post a surprise fall, data showed, a disappointing end to a recent run of indicators that had signaled the world's No. 2 economy gaining strength.
The Customs Administration said on Saturday China's exports dropped 0.3 percent in September from a year earlier, sharply confounding market expectations for a rise of 6 percent, and marking the worst performance in three months.
(Read more: China's export engine may have stalled in September)
Imports rose 7.4 percent last month from a year ago, a shade better than forecasts for a 7 percent rise, leaving China with a trade surplus of $15.2 billion for the month. Analysts had expected a trade surplus of $27.7 billion.
Customs officials did not immediately explain the unexpected drop in exports, but Liu Li-Gang and Zhou Hao, economists at ANZ Bank, said the volume of cargo moved at Chinese ports had indeed slowed in September, in part due to a stronger yuan.
Activity was further hurt by the Mid-Autumn festival, which fell in the middle of September this year, reducing the number of working days in the month compared to 2012.
"The strong renminbi has eroded China's export competitiveness," ANZ Bank said in a note. "We would like to highlight that downside risks to China's economy remain."
(Read more: China will get old well before it gets rich)
The dismal exports performance comes after the Chinese economy had showed encouraging signs of stabilization, having fought a slowdown that lasted more than 12 quarters.
Yet despite the pick-up in activity, economists have warned that a recovery may be fragile and brief, especially if Chinese leaders keep their promise to push through financial reforms, which are likely to crimp growth in the near term.
Attention now turns to third-quarter gross domestic product data and other figures for September due next week.
The median forecast of 21 economists in a Reuters poll showed economic growth is expected to quicken to 7.8 percent in the third quarter from a year ago, up from 7.5 percent in the previous three months.
(Read more: China wonders: Why do we own so much U.S. debt?)
In the face of the economy's unsteady recovery, China's government has repeatedly expressed confidence that the nation is still on track to meet its 2013 growth target of 7.5 percent.
Central Bank Deputy Governor Yi Gang was quoted as saying this week in Washington that China's annual economic growth this year could hit around 7.6 percent.