Economy

September 11, 2019 - 9:17 pm
WASHINGTON (AP) — President Donald Trump says the United States has agreed to a two-week delay in a planned increase in tariffs on some Chinese imports. Trump said on Twitter on Wednesday that the delay is "a gesture of good will." He says Chinese Vice Premier Liu He requested the delay "due to the...
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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 11, 2019 - 9:10 pm
SACRAMENTO, Calif. (AP) — California lawmakers confronting the changing definition of work approved sweeping legislation Wednesday 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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Family members and other mourners gather around the body of former president Robert Mugabe, whose portrait hangs on the wall, as he lies in state inside his official residence in the capital Harare, Zimbabwe Wednesday, Sept. 11, 2019. Zimbabwe's founding leader Robert Mugabe made his final journey back to the country Wednesday, his body flown into the capital amid the contradictions of his long, controversial rule. (AP Photo/Ben Curtis)
September 11, 2019 - 4:26 pm
HARARE, Zimbabwe (AP) — Zimbabwe's founding leader Robert Mugabe made his final journey back to the country Wednesday, his body flown into the capital amid the contradictions of his long, controversial rule. President Emmerson Mnangagwa, Mugabe's closest ally and vice president before joining the...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 11. (AP Photo/Frank Franklin II, File)
September 11, 2019 - 10:21 am
NEW YORK (AP) — U.S. stocks moved higher in early trading on Wednesday as investors snapped up technology companies following China's move to exempt some U.S. products from a recent round of tariffs. The tech sector, which has much to gain or lose in the trade war, moved broadly higher in the early...
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President Donald Trump speaks at the 2019 National Historically Black Colleges and Universities Week Conference in Washington, Tuesday, Sept. 10, 2019. (AP Photo/Carolyn Kaster)
September 11, 2019 - 7:30 am
WASHINGTON (AP) — President Donald Trump says the U.S. is missing out economically because "Boneheads" at the Federal Reserve won't lower interest rates at his insistence. The Fed is meeting next week and is expected to trim its benchmark rate by another quarter point after cutting the rate for the...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Sept. 11, 2019. Asian shares were mostly higher Wednesday, cheered by a rise on Wall Street amid some signs of easing tensions between the U.S. and China on trade issues. (AP Photo/Mark Schiefelbein)
September 11, 2019 - 7:06 am
TOKYO (AP) — Global shares were mostly higher Wednesday amid some signs of easing tensions between the United States and China on trade issues. Investors seemed to be cheered by China's move to exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington...
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September 11, 2019 - 6:16 am
BEIJING (AP) — Chinese auto sales sank 7.7% in August from a year earlier, extending a painful slump in the industry's biggest global market. An industry group, the Chinese Association of Automobile Manufacturers, said Wednesday that sales of sedans, SUVs and minivans declined to 1.6 million...
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FILE - In this April 12, 2018, file photo, packets of raw soybeans are placed on a table at a U.S. soybean company's booth at the international soybean exhibition in Shanghai, China. China has announced some U.S. industrial chemicals will be exempt from tariff hikes imposed in a trade war with Washington but maintained penalties on soybeans, pork and other farm goods. The Ministry of Finance's announcement Wednesday, Sept. 11, 2019 came ahead of October talks aimed at ending the fight over trade and technology that threatens global economic growth. (AP Photo/Andy Wong, File)
September 11, 2019 - 3:47 am
BEIJING (AP) — China announced Wednesday it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place higher duties on soybeans and other major U.S. exports ahead of negotiations next month. The move adds to suggestions both...
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FILE- In this April 24, 2018, file photo replicas of Arturo Di Modica's "Charging Bull" are for sale on a street vendor's table outside the New York Stock Exchange. U.S. stocks moved broadly lower in morning trading Tuesday, Sept. 10, 2019 as investors again back away from technology companies. (AP Photo/Mary Altaffer, File)
September 10, 2019 - 11:20 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday, cheered by a rise on Wall Street amid some signs of easing tensions between the U.S. and China on trade issues. Japan's benchmark Nikkei 225 rose 0.6% to 21,514.14 in morning trading. Australia's S&P/ASX 200 inched up 0.1% to 6,622.60...
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FILE - In this June 4, 2019 file photo, job applicants line up at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. The number of open U.S. jobs slipped 0.4% in July, while hires rose slightly, a sign that some employers are growing cautious amid growing economic uncertainty. (AP Photo/Wilfredo Lee, File)
September 10, 2019 - 11:35 am
WASHINGTON (AP) — The number of open U.S. jobs slipped 0.4% in July, while hires climbed slightly, a sign that some employers may be growing cautious amid rising economic uncertainty. The Labor Department said Tuesday that employers advertised 7.22 million available jobs in July, down from a...
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