Economy

FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
January 17, 2020 - 2:05 pm
Wall Street capped a milestone-setting week Friday with a few more as modest gains nudged the major stock indexes to all-time highs. The benchmark S&P 500 index also notched its second-straight weekly gain. Technology stocks powered much of the market's broad gains, along with communication...
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January 17, 2020 - 10:34 am
HARARE, Zimbabwe (AP) — Zimbabwe police on Friday raided the offices of the country’s main opposition party, and a spokesman says the officers were looking for machetes. Police officers blocked roads leading to the Movement for Democratic Change party in the capital, Harare and, armed with a search...
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FILE - In this May 14, 2019 file photo, a Cosco Shipping container ship passes the Golden Gate Bridge in San Francisco bound for the Port of Oakland. For major shipping companies dealing with trade wars and a slowing global growth, conditions appear to have deteriorated as 2019 came to a close. Global shipping and logistics provider Expeditors International said Friday, Jan. 17, 2020 that it expects fourth quarter operating income to fall between $177 million and $183 million. (AP Photo/Eric Risberg, File)
January 17, 2020 - 10:19 am
For major shipping companies dealing with trade wars and slowing global growth, conditions appear to have deteriorated for some as 2019 came to a close. Global shipping and logistics provider Expeditors International said Friday that it expects fourth quarter operating income to fall between $177...
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FILE - In this Nov. 6, 2019, file photo, a sign advertises job opportunities at Harry's Pizzeria in the Coconut Grove neighborhood in Miami. On Friday, Jan. 17, 2020, the Labor Department reports on job openings and labor turnover for November. (AP Photo/Lynne Sladky, File)
January 17, 2020 - 8:31 am
WASHINGTON (AP) — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level. The Labor Department reported Friday that the job openings number for November was down by 561,000 from the October level of 7.36 million. Some economists took...
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In this Jan. 3, 2020, photo, workers make sneakers in a factory in Jinjiang city in southeastern China's Fujian province. China’s economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data Friday, Jan. 17, showed growth was down from 2018’s 6.6%, already the lowest since 1990. Economic growth in the three months ending in December held steady at the previous quarter’s level of 6%. (Chinatopix Via AP)
January 17, 2020 - 8:27 am
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. The world’s second-largest economy grew by 6.1%, down from 2018’s 6.6%,...
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Cuba's President Miguel Diaz-Canel, left, attends a meeting in an art school during a tour in Las Tunas, Cuba, Thursday, Jan. 16, 2020. (AP Photo/Ismael Francisco)
January 17, 2020 - 7:34 am
LAS TUNAS, Cuba (AP) — Cuban President Miguel Díaz-Canel said he does not believe the Trump administration would drop sanctions on the island in exchange for concessions from his government. The Trump administration says it has been tightening sanctions on Cuba in recent months in order to starve...
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FILE - In this Oct. 2, 2019, file photo, a carpenter works on a construction site in North Andover, Mass. On Friday, Jan. 17, 2020, the Commerce Department reports on U.S. home construction in December. (AP Photo/Elise Amendola, File)
January 17, 2020 - 5:34 am
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry. The Commerce Department reported Friday that builders started construction on...
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In this picture released by the official website of the office of the Iranian supreme leader, worshippers chant slogans during Friday prayers ceremony, as a banner show Iranian Revolutionary Guard Gen. Qassem Soleimani, left, and Iraqi Shiite senior militia commander Abu Mahdi al-Muhandis, who were killed in Iraq in a U.S. drone attack on Jan. 3, and a banner which reads in Persian: "Death To America, "at Imam Khomeini Grand Mosque in Tehran, Iran, Friday, Jan. 17, 2020. Iran's supreme leader said in his sermons President Donald Trump is a "clown" who only pretends to support the Iranian people but will "push a poisonous dagger" into their backs, as he struck a defiant tone in his first Friday sermon in Tehran in eight years. (Office of the Iranian Supreme Leader via AP)
January 17, 2020 - 4:50 am
DUBAI, United Arab Emirates (AP) — Iran's supreme leader says his nation is living through “days of God.” The Islamic Republic has been reeling from one crisis to another, from the targeted killing by the United States of its top general to the Revolutionary Guard's accidental shootdown of a...
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January 17, 2020 - 4:41 am
LONDON (AP) — Will the real Robert Shapiro please take the microphone? BBC radio presenter Evan Davis was left in an embarrassing situation Thursday while introducing a segment on a proposal to allow cameras to record sentencing remarks in U.K. courts. During a live telephone interview on "PM," an...
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Myanmar's leader Aung San Suu Kyi, right, shakes hands with Chinese President Xi Jinping during their meeting at the Presidential Palace in Naypyitaw, Myanmar, Friday, Jan. 17, 2020. (AP Photo/Aung Shine Oo)
January 17, 2020 - 3:44 am
NAYPYITAW, Myanmar (AP) — China's President Xi Jinping was given a lavish welcome to Myanmar as he arrived Friday for a state visit meant to deepen bilateral relations at a critical time. The visit nominally marks the 70th anniversary of the establishment of diplomatic relations between China and...
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