Economy

Zimbabwe Health Minister Obadiah Moyo washes his hands before entering a cholera quarantine area in Harare, Friday, Sept. 14, 2018, after a cholera emergency was declared in Zimbabwe's capital following the deaths of more than 20 people. The deaths in Harare have many fearing a repeat of the outbreak that killed thousands in 2008.(AP Photo/Tsvangirayi Mukwazhi)
September 14, 2018 - 9:00 am
HARARE, Zimbabwe (AP) — Zimbabwe's new government is battling criticism over a cholera outbreak that has killed at least 25 people. A crowdfunding initiative by the finance minister amid reports of government spending on new vehicles for Cabinet members has only swelled public anger. Some local non...
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FILE- In this June 5, 2018, file photo a roll of steel is moved into position at the Borusan Mannesmann Pipe manufacturing facility in Baytown, Texas. On Friday, Sept. 14, the Federal Reserve reports on U.S. industrial production for August. (AP Photo/David J. Phillip, File)
September 14, 2018 - 6:42 am
WASHINGTON (AP) — U.S. industrial production rose by a healthy 0.4 percent in August, boosted by gains in the production of autos, oil and natural gas. The Federal Reserve said Friday that industrial production, which includes output at factories, mines and utilities, has climbed 4.9 percent over...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Sept. 14, 2018. Asian shares were mostly higher Friday, continuing their rally after gains on Wall Street and hopes that regional trade tensions may ease. (AP Photo/Eugene Hoshiko)
September 14, 2018 - 1:43 am
TOKYO (AP) — Global shares were mostly higher Friday, continuing their rally after gains on Wall Street and hopes that regional trade tensions may ease. KEEPING SCORE: France's CAC 40 edged up 0.4 percent in early trading to 5,349.27, while Germany' DAX rose 0.3 percent to 12,094.64. Britain's FTSE...
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September 14, 2018 - 12:56 am
BEIJING (AP) — Chinese factory output and retail sales held up in August but investment weakened, government data showed Friday, adding to challenges for communist leaders as they fight a tariff battle with Washington. The data showed little impact yet from government efforts to shore up flagging...
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FILE- In this Aug. 22, 2018, file photo specialist Anthony Matesic, left, and trader Anthony Carannante 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. 13. (AP Photo/Richard Drew, File)
September 13, 2018 - 2:14 pm
NEW YORK (AP) — U.S. stocks made solid gains Thursday as Apple and Qualcomm led a rally in technology companies. Drugmakers and health insurers also rose. Apple changed course and rose a day after it introduced three new iPhone models and updates to the Apple Watch. Chipmakers recovered after a...
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FILE - In this Thursday, Aug. 30, 2018 file photo, Turkey's President Recep Tayyip Erdogan attends a military graduation ceremony on Victory Day, in Ankara, Turkey. Turkey's arrests of US evangelical pastor Andrew Craig Brunson and other Western citizens have thrust its troubled judicial system to the forefront of ties with allies, reinforcing suspicions that the Turkish government is using detainees as diplomatic leverage. (Presidential Press Service via AP, Pool, File)
September 13, 2018 - 8:19 am
ANKARA, Turkey (AP) — Turkey's central bank on Thursday raised its key interest rate sharply, from 17.75 percent to 24 percent, to contain inflation and stem the currency crisis that has been destabilizing the country this summer. The bank's move is long overdue, many independent economists say,...
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FILE- In this Sept. 6, 2018, file photo customers use the check out lines inside the new Aldi store in Tyler, Texas. On Thursday, Sept. 13, the Labor Department reports on U.S. consumer prices for August. (Sarah A. Miller/Tyler Morning Telegraph via AP, File)
September 13, 2018 - 5:34 am
WASHINGTON (AP) — Consumer prices rose 2.7 percent in August from a year earlier, with higher housing and gasoline costs driving most of the increase. The Labor Department said Thursday that the consumer price index advanced 0.2 percent on a monthly basis. Despite the monthly gain, annual inflation...
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FILE- In this Sept. 6, 2018, file photo Joseph Lawler, right, works with fellow traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 12. (AP Photo/Richard Drew, File)
September 13, 2018 - 5:34 am
SINGAPORE (AP) — Many global markets climbed Thursday following a report that the U.S. has proposed a new round of trade negotiations with China before going ahead with plans to slap tariffs on $200 billion or more in Chinese goods. Investors also appeared heartened by an interest rate increase by...
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FILE - In this Thursday, Aug. 2, 2018 file photo, Bank of England Governor, Mark Carney, speaks during a media conference to present the central bank's quarterly Inflation Report, in London. Carney has agreed to extend his period as governor by six months until January 2020 to help out with Britain's exit from the European Union, it was reported on Tuesday, Sept. 11, 2018. The announcement from the government and the bank was expected after Carney told lawmakers last week that he was "willing" to extend his tenure beyond his scheduled June 2019 departure. (Daniel Leal-Olivas/Pool via AP, File)
September 13, 2018 - 4:54 am
LONDON (AP) — The Bank of England has kept its main interest rate on hold at 0.75 percent as policymakers await developments in Britain's looming exit from the European Union. In a statement Thursday, the bank said its nine-member rate-setting panel voted unanimously to keep borrowing rates...
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September 13, 2018 - 4:54 am
NEW YORK (AP) — Qualcomm is buying back $16 billion of its own stock as part of a broader goal of repurchasing up to $30 billion of its shares. Shares of Qualcomm Inc. rose $1.45, or 2 percent, to $73.20, before the opening bell Thursday. The stock is up about 10 percent this year. The...
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