Economy

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 Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 08, 2019 - 11:17 pm
TOKYO (AP) — Asian shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. Japan's benchmark Nikkei 225 rose 0.5% in early trading to 21,294.14. Australia's S&P/ASX 200 edged up nearly 0.1% to 6,652.20. South Korea's Kospi gained 0.6% to 2,...
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FILE - In this Sunday, Aug. 25, 2019, photo, relatives of Palestinian activist Tamer Sultan, 38, mourn next to a picture of him on a wall in his family home during his funeral in the town of Beit Lahiya, northern Gaza Strip. The death abroad of a Palestinian who fled the Gaza Strip seeking a better life in Europe has highlighted the exodus of thousands of middle-class residents in recent years. Tamer al-Sultan's friends and family say he fled the oppressive rule of Hamas. Others are leaving because of the dire conditions in the territory, which has been under an Israeli and Egyptian blockade since the Islamic militant group seized power 12 years ago. (AP Photo/Khalil Hamra)
September 08, 2019 - 8:51 pm
GAZA CITY, Gaza Strip (AP) — With a family of five, a two-story home and a pharmacy, Tamer al-Sultan had a life many in the besieged and impoverished Gaza Strip would envy, but he still felt trapped. Fed up with the heavy-handed rule of Hamas, al-Sultan braved a treacherous journey in hopes of...
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In this March 31, 2010, file photo, Saudi Arabia's Prince Abdulaziz bin Salman attends the International Energy Forum in Cancun, Mexico. Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, Sept. 8, 2019, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain stubbornly below what is needed to keep up with government spending. (AP Photo/Israel Leal, File)
September 08, 2019 - 12:59 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain below what is needed to keep up with government...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. China's trade with the United States fell sharply in August as a tariff war that threatens global economic growth worsened. (AP Photo/Kin Cheung, File)
September 08, 2019 - 7:33 am
BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data...
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Greece's Prime Minister Kyriakos Mitsotakis delivers a speech during the Thessaloniki International Fair at the northern city of Thessaloniki, Saturday, Sept. 7, 2019. Mitsotakis outlined his economic policies for the next year, as heads of government have traditionally done over the years. (AP Photo/Giannis Papanikos)
September 08, 2019 - 2:20 am
THESSALONIKI, Greece (AP) — Greece's prime minister said financial reforms such as reducing taxes, fighting bureaucracy and attracting investment must be implemented before the country asks its creditors to agree to lower budget surpluses. Prime Minister Kyriakos Mitsotakis laid out his economic...
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Relatives of Ukrainian prisoners freed by Russia greet them upon their arrival at Boryspil airport, outside Kyiv, Ukraine, Saturday, Sept. 7, 2019. Planes carrying prisoners freed by Russia and Ukraine have landed in the countries' capitals, in an exchange that could be a significant step toward improving relations between Moscow and Kyiv. The planes, each reportedly carrying 35 prisoners, landed almost simultaneously at Vnukovo airport in Moscow and at Kyiv's Boryspil airport. (AP Photo/Efrem Lukatsky)
September 07, 2019 - 9:22 am
MOSCOW (AP) — Russia and Ukraine conducted a major prisoner exchange that freed 35 people detained in each country and flew them to the other, a deal that could help advance Russia-Ukraine relations and end five years of fighting in Ukraine's east. The trade involved some of the highest-profile...
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The Zimbabwean flag flies at half-mast on a street in Harare, Saturday, Sept. 7, 2019. Zimbabwe's former leader Robert Mugabe, who ruled for 37 years after independence from white minority rule in 1980, has died at the age of 95. (AP Photo/Tsvangirayi Mukwazhi)
September 07, 2019 - 5:50 am
HARARE, Zimbabwe (AP) — Days of official mourning have begun in Zimbabwe for Robert Mugabe, who had become a national hero despite decades of rule that left the country struggling. Mugabe, an ex-guerrilla chief who took power in 1980 when Zimbabwe shook off white minority rule and presided for...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 06, 2019 - 5:43 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion." Powell gave an upbeat view of the U.S...
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FILE - In this Friday, Dec, 12, 2014 file photo Emmerson Mnangagwa, left, then Vice President of Zimbabwe chats with Zimbabwean President Robert Mugabe after the swearing in ceremony at State House in Harare. Mugabe, the former leader of Zimbabwe forced to resign in 2017 after a 37-year rule whose early promise was eroded by economic turmoil, disputed elections and human rights violations, has died. He was 95. (AP Photo/Tsvangirayi Mukwazhi, File)
September 06, 2019 - 3:36 pm
HARARE, Zimbabwe (AP) — The Latest on the death of former Zimbabwe leader Robert Mugabe (all times local): 9:30 p.m. U.N. Secretary-General Antonio Guterres says Robert Mugabe's "role in securing the independence of Zimbabwe and the fight against apartheid are key parts of his legacy." According to...
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FILE - In this Aug. 14, 2019, file photo company representatives from Verizon, Goodwill, Kaiser Permanente and UPS, right, talk with potential applicants during a job and resource fair in Atlanta. On Friday, Sept. 6, the U.S. government issues the August jobs report. (Bob Andres/Atlanta Journal-Constitution via AP, File)
September 06, 2019 - 12:21 pm
WASHINGTON (AP) — U.S. employers added a modest 130,000 jobs in August, a sign that hiring has slowed but remains durable in the face of global economic weakness and President Donald Trump's trade war with China. The unemployment rate remained 3.7% for a third straight month, the Labor Department...
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