The U.S. Postal Service said Thursday it lost US$200 million during the year-end holiday season, despite a strong quarter of package shipping and expanded use of vote-by-mail in the November presidential election.
Loaded with more than 6,000 cargo containers, the ship Ever Living prepared for the final leg of its journey through the newly expanded Panama Canal when things hit a snag: The last of the massive steel lock doors failed to open all the way.
The U.S. trade deficit hit a four-year peak in 2016 and is posing a tough challenge to President Donald Trump's drive to shrink the deficit, accelerate the economy and create many more jobs.
Consumers increased their borrowing in December at the slowest pace in six months, as growth in credit card usage decelerated sharply.
Canadian officials are reaching out to U.S. counterparts in hopes of heading off possible trade disruptions as President Donald Trump prepares to renegotiate or tear up deals that are key to Canada's prosperity.
With more crude oil expected to move through Washington state, Democratic lawmakers want to toughen rules around oil transportation and raise more money for spill prevention and response efforts.
The plunging cost of solar power is leading U.S. electric companies to capture more of the sun just when President Donald Trump is moving to boost coal and other fossil fuels.
Social Security numbers and other personal information of up to 1.87 million Michigan workers may have been compromised, the state said Friday.
The Federal Reserve has left its key interest rate unchanged at a time of solid economic gains but also heightened uncertainty surrounding the new Trump administration.
Mexicans living abroad sent home almost $27 billion in 2016, the highest yearly figure on record, the central bank reported on Wednesday.