Economy

Iran's Finance Minister Masoud Karbasian speaks during his impeachment hearing in a session of parliament, in Tehran, Iran, Sunday, Aug. 26, 2018. The parliament voted to sack Karbasian, dealing another blow to President Hassan Rouhani as he faces mounting discontent over the economy. President Donald Trump began restoring sanctions after withdrawing the United States from Tehran's 2015 nuclear deal with world powers. (AP Photo/Vahid Salemi)
August 26, 2018 - 9:33 am
TEHRAN, Iran (AP) — Iran's parliament voted Sunday to fire the country's finance minister amid an economic freefall fanned by America's withdrawal from the nuclear deal with world powers, dealing another blow to President Hassan Rouhani's embattled administration. It's unlikely that parliament's...
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FILE - In this Aug. 9, 2018 file photo, Mexico's President-elect Andres Manuel Lopez Obrador speaks to reporters after meeting with Mexico's President Enrique Pena Nieto at the National Palace in Mexico City. Lopez Obrador has thanked U.S. President Donald Trump on Friday, Aug. 25, for treating Mexicans with more respect, or at least not saying anything insulting lately. (AP Photo/Marco Ugarte, File)
August 25, 2018 - 10:15 am
WASHINGTON (AP) — President Donald Trump says the United States is close to a "big Trade Agreement" with Mexico and he's citing improving ties between the two countries. Trump says on Twitter the U.S.-Mexico relationship with Mexico "is getting closer by the hour" and he says a trade deal "could be...
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FILE- This Aug. 27, 2010, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 24, 2018. (AP Photo/Mark Lennihan)
August 24, 2018 - 7:15 pm
Wall Street ended a week of milestones with a few more Friday. The benchmark S&P 500 index closed at an all-time high, just two days after the current bull market in U.S. stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also ended the day at all-time highs...
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August 24, 2018 - 2:32 pm
AGUAS VERDES, Peru (AP) — Thousands of Venezuelans are crossing into Peru hours before authorities begin enforcing stiffer rules that will make entering the South American nation more difficult. Peru is following in the footsteps of other nations receiving droves of migrants fleeing Venezuela's...
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Esther George, left, President and CEO of the Federal Reserve Bank of Kansas City, John Williams, center, President and CEO of the Federal Reserve Bank of New York, and Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System walk together after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 24, 2018 in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. (AP Photo/Jonathan Crosby)
August 24, 2018 - 1:37 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed's 2 percent target rate, it doesn't seem...
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FILE- In this May 21, 2018, file photo, a family shops for washing and drying machines at Lowe's Home Improvement store in East Rutherford, N.J. On Friday, Aug. 24, the Commerce Department releases its July report on durable goods. (AP Photo/Ted Shaffrey, File)
August 24, 2018 - 8:40 am
WASHINGTON (AP) — Orders for long-lasting U.S. factory goods fell 1.7 percent in July, the third decrease in the past four months. The Commerce Department said Friday that durable goods orders — items meant to last at least three years such as autos and appliances — totaled $246.9 billion last...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs at Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jose Luis Magana, File)
August 24, 2018 - 6:32 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell will not lack for urgent topics to address when he gives the keynote speech Friday to an annual gathering of global central bankers in Jackson Hole, Wyoming. Fed watchers will be listening for anything Powell has to say about financial...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 24, 2018. Asian shares were Friday following a listless session on Wall Street, where a slide in banks and industrial companies offset solid gains for the technology sector. A lack of progress in trade talks between the U.S. and China was weighing on sentiment. (AP Photo/Ahn Young-joon)
August 24, 2018 - 1:28 am
BANGKOK (AP) — Asian shares were mixed Friday following a listless session on Wall Street, where a slide in banks and industrial companies offset solid gains for the technology sector. A lack of progress in trade talks between the U.S. and China was weighing on sentiment. KEEPING SCORE: Japan's...
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Japan’s Trade Minister Hiroshige Seko speaks during an exclusive interview with The Associated Press at his office in Tokyo Thursday, Aug. 23, 2018. Seko criticized President Donald Trump’s tariff policies as based on a serious misunderstanding about the importance of free trade and the contributions of Japanese companies to the U.S. economy. (AP Photo/Eugene Hoshiko)
August 23, 2018 - 8:32 pm
TOKYO (AP) — President Donald Trump's tariff policies reflect a serious misunderstanding of the importance of free trade and Japanese companies' contributions to the U.S. economy, Japan's trade minister said. Hiroshige Seko, the minister of economy, trade and industry, warned in an exclusive...
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August 23, 2018 - 5:39 pm
WASHINGTON (AP) — The Senate has approved an $854 billion measure that funds much of the government, including $675 billion for the Defense Department. The bill combines military spending with disbursements for Health and Human Services, Education, Labor and other agencies. The bill was approved,...
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