Cheaper borrowing costs have enabled sales to rise 0.6% from a year ago, ending 16 consecutive months of annual sales declines.
A foreign ministry spokesman expressed hope Washington can "get along with us" and restore "mutually beneficial" trade.
The meeting comes as positions on Britain's divorce from the EU have hardened on both sides of the English Channel, hurtling Britain toward a no-deal exit that would damage both economies.
Iran's rial has been battered by escalating U.S. sanctions on the country since President Donald Trump's decision to pull out of Tehran's nuclear deal with world powers over a year ago.
For decades, the driving goal for corporate America has been maximizing stockholders' profits. So what made nearly 200 of the country's most prominent companies issue a joint statement this week, representing a major philosophical shift? John Yang talks to Steven…
UK Prime Minister Boris Johnson's office said that unless the trade backstop on the Irish border was abolished "there's no prospect of a deal."…
Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time."…
The U.S. government restricted sales of U.S. technology to the Chinese technology giant, but granted a limited temporary reprieve to support existing equipment.
Thirty-four percent of economists surveyed by the National Association for Business Economics said they believe a slowing economy will tip into recession in 2021, while 38% predict a recession will occur in 2020.
The Trump administration is aggressively pursuing economic sanctions as a primary foreign policy tool to an extent unseen in decades, or perhaps ever. Many are questioning the results even as officials insist the penalties are achieving their aims.
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