Economy

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Sept. 13, 2019. Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. (AP Photo/Eugene Hoshiko)
September 13, 2019 - 5:54 am
BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327...
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September 13, 2019 - 5:45 am
BEIJING (AP) — A Chinese state news agency says U.S. soybeans, pork and some other farm products will be exempt from tariff hikes in a possible goodwill gesture ahead of trade negotiations next month. The official Xinhua News Agency announced the step Friday, citing unidentified official sources,...
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FILE - In this Sept. 4, 2019, file photo traders John Doyle, left, and Richard Deviccaro work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 12. (AP Photo/Richard Drew, File)
September 13, 2019 - 12:16 am
Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. Japan's Nikkei 225 added 1% to 21,982.06 while the Hang Seng in Hong Kong climbed 0.4% to 27,186.35. Sydney...
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Sen. Bernie Sanders, I-Vt., left, listens as former Vice President Joe Biden, right, responds to a question Thursday, Sept. 12, 2019, during a Democratic presidential primary debate hosted by ABC at Texas Southern University in Houston. (AP Photo/David J. Phillip)
September 12, 2019 - 10:57 pm
HOUSTON (AP) — The Latest on the Democratic presidential debate (all times local): 9:55 p.m. Early front-runner Joe Biden took on the most fire at Thursday's Democratic presidential debate, and former Obama Housing Secretary Julián Castro was the most explicit in arguing it was time for a new...
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FILE - In this March 2, 2018 file photo, a worker cleans big machine parts of presses manufacturer Schüler AG in Goeppingen, Germany. German factory orders, a leading indicator of the health of Europe's biggest economy, dropped strongly in July, erasing gains from the previous month. The Federal Statistical Office reported Thursday industrial orders dropped 2.7% in July over June when adjusted for seasonal and calendar factors, wiping out a 2.7% June increase. (Marijan Murat/dpa via AP)
September 12, 2019 - 5:19 pm
WASHINGTON (AP) — The Federal Reserve and the European Central Bank are struggling mightily to invigorate their economies at a time when growth is slowing, governments remain on the sidelines and the banks' usual stimulative tools appear less effective than in the past. On Thursday, the ECB...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 3:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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In this Sept. 3, 2019, photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Thursday, Sept. 12, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Steven Senne)
September 12, 2019 - 12:28 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week but remained at historically low levels. Mortgage buyer Freddie Mac said Thursday the rate on the 30-year, fixed-rate mortgage increased to 3.56% from 3.49% last week. Average rates on the benchmark loan have remained below 3.6% for...
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FILE - In this Aug. 29, 2019, photo shoppers wait in long lines at Costco in Davie, Fla. On Thursday, Sept. 12, the Labor Department reports on U.S. consumer prices for August. (AP Photo/Brynn Anderson, File)
September 12, 2019 - 12:05 pm
WASHINGTON (AP) — Overall consumer prices slowed in August, reflecting a big drop in the cost of gasoline and other energy products. But core inflation, which excludes energy and food, was rising at its fastest pace in a year. Economists said this increase in long-dormant inflation should not deter...
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FILE - In this Oct. 27, 2018 file photo, President Donald Trump speaks to reporters in Indianapolis. An AP-NORC Center poll released on Thursday, Sept. 12, 2019, finds Americans are most unhappy with Trump on his handling of climate change. (AP Photo/Andrew Harnik)
September 12, 2019 - 8:00 am
WASHINGTON (AP) — A new poll finds that President Donald Trump gets some of his worst marks from the American people when it comes to his handling of climate change. The Associated Press-NORC Center for Public Affairs Research poll shows that majorities of Americans believe the planet is warming...
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Assemblywoman Lorena Gonzalez, D-San Diego, receives congratulations from Assembly Speaker Anthony Rendon, of Lakewood after her to give new wage and benefit protections at the so-called gig economy companies like Uber and Lyft was approved by the Assembly in Sacramento, Calif., Wednesday, Sept. 11, 2019. The bill now goes to the governor, who has said he supports it. (AP Photo/Rich Pedroncelli)
September 12, 2019 - 12:01 am
SACRAMENTO, Calif. (AP) — California lawmakers confronting the changing definition of work have approved sweeping legislation designed to give many contract workers new pay and benefit protections, but tech giants Uber and Lyft vowed to keep fighting the changes, possibly by bankrolling an...
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