By KEN THOMASAssociated Press
WASHINGTON (AP) - President Barack Obama is challenging Mitt Romney's promises to crack down on China's trading practices, saying in an ad released Saturday that the Republican candidate profited by allowing China to strip away U.S. jobs
By The Associated Press
ECONOMIC BLUES: Commodities fell across the board after a weak jobs report brought more evidence that the U.S. economy is struggling. Borrowing rates for Spain and Italy climbed, an indication that bond investors are less willing to loan those countries
By SANDY SHOREAP Business Writer
Commodity prices dropped Friday after a weak jobs report brought more evidence that the U.S. economy is still sluggish.
The declines were widespread. Gold, industrial metals, oil and natural gas all ended lower. Wheat, corn and
By The Associated Press
Europe's financial problems pushed the euro down to a two-year low against the dollar on Friday.
The U.S. dollar and the Japanese yen were the two big winners as investors looked for safety. Borrowing costs for Italy rose sharply,
By PALLAVI GOGOIAP Business Writer
NEW YORK (AP) - Investors abandoned stocks Friday after the U.S. government reported that only 80,000 jobs were created in June, the third straight month of weak hiring.
The Dow Jones industrial average fell 124.20 points to
By CHRISTOPHER S. RUGABER and PAUL WISEMANAP Economics Writers
WASHINGTON (AP) - The American job machine has jammed. Again.
The economy added only 80,000 jobs in June, the government said Friday, erasing any doubt that the United States is in a summer slump
By JOE McDONALDAP Business Writer
BEIJING (AP) - China's government said Friday it will "properly handle" a U.S. complaint to the World Trade Organization about its anti-dumping duties on auto imports and doesn't want the latest in a string of trade disputes to harm
By ELAINE KURTENBACHAP Business Writer
SHANGHAI (AP) - One of China's biggest commercial vehicle dealerships is among the dozens of Chinese companies with shares listed in the U.S. that have been targeted by short-sellers for alleged financial abuses or probed by regulators
By BRADLEY KLAPPERAssociated Press
PARIS (AP) - U.S. Secretary of State Hillary Rodham Clinton on Friday hailed an accelerating wave of defections in President Bashar Assad's inner circle as the United States and its international allies pleaded once again for global