Government and Trade

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Government and Trade

President Obama, Markets, TTP

Senate Takes Next Step Toward TPA Passage

The Senate vote of 62 to 38 passed a 60 vote-threshold needed to move past a final procedural hurdle on TPA.

Study: Luxury Seen Growing 2-4% in 2015

Bain & Co. and Fondazione Altagamma see volatile currencies tempering the sector.

Surging Clothing Demand Boosts U.K. Retail Sales

Sales of apparel and footwear gained 5.2 percent in April, the biggest increase since 2011.

West Coast Port Worker Union to Vote on New Contract Friday

The Pacific Maritime Association, which represents 72 cargo carriers, terminal operators and dockworkers, said late Wednesday it ratified the contract.

Japan Q1 GDP Beats Estimates

Japan's economy expanded for a second straight quarter, beating forecasts as businesses increased spending and built up inventories after a recession last year.

White House Threatens TPA Veto Over Currency Issue

The Senate is debating the TPA bill this week and considering several amendments.

NRF Study Hits Obama Overtime Proposal

New retail report reveals potential adverse impact of overtime rule change on businesses and workers.

President Obama, Markets, TTP

Senate Moves Forward on TPA, Passes Other Trade Measures

Three other trade measures also advance.

Death Toll from Philippine Factory Fire Rises to 72

The death toll has risen to 72 in a fire that gutted a rubber slipper factory in the Philippine capital of Manila.