WASHINGTON — Renewables are a fast-growing part of the energy that powers the United States, but a government report shows fossil fuels still provide energy for most of the economy. The Energy Information Administration says petroleum, natural gas, and coal provided 81 percent of the energy for the world's largest economy in 2016. That is lowest rate of U.S. fossil fuel use in a century, and the change is partly due to a major fall in coal usage to generate electricity. In many cases, coal...

The global economic recovery "remains on track," according to the International Monetary Fund, but other experts say advanced economies are in for a period of slow growth. The IMF study is published as leaders from the G-20, the world's major economies, are gathering in Hamburg, Germany to discuss growth, trade and other issues. The global lender urges nations to "work together" on economic issues because "there is no time for standing still." The study's authors say the U.S. economy hit a...

WASHINGTON — The U.S. economy posted strong job growth in June, with a net gain of 222,000 jobs, while the unemployment rate rose slightly to hit 4.4 percent. Friday's report from the Labor Department shows wages grew 2.5 percent in June from the same period a year earlier. That is just slightly above the rate of inflation, and several analysts called the gain "disappointing." Economists say when hiring steps up, employers usually have to raise wages to attract and retain the best workers....

A study by the Economic Policy Institute says the chief executive officers of America's largest firms were paid an average of $15.6 million each in 2016. In a report published Thursday, authors Lawrence Mischel and Jessica Schieder say that amount is 271 times as much as a "typical" worker's earnings at those same corporations. That boss-to-worker pay ratio is slightly lower than it has been in the past few years, but is still "light years" higher than the 20-to-1 gap between workers and...

WASHINGTON — A study by the Economic Policy Institute says the chief executive officers of America's largest firms were paid an average of $15.6 million each in 2016. In a report published Thursday, authors Lawrence Mischel and Jessica Schieder say that amount is 271 times as much as a "typical" worker's earnings at those same corporations. That boss-to-worker pay ratio is slightly lower than it has been in the past few years, but is still "light years" higher than the 20-to-1 gap between...