Volkswagen has reported weak sales numbers, with a significant drop in China

Authorities are investigating a blaze at a shoe factory in southeastern China's Fujian province that killed 28 people, raising renewed concern over worker safety

A fire has broken out at a shoe factory in China's Fujian province, killing 28 people

The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers

PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns

The number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low

US jobless aid filings dip modestly to 215,000 last week as layoffs remain at historically healthy levels

China has reported its exports of passenger cars surged 80% in June from a year earlier, while domestic sales sank 26%, according to an industry group

Australia has agreed to sell uranium to India for peaceful purposes