Economy

FILE- In this Aug. 21, 2018, file photo screens above trading posts on the floor of the New York Stock Exchange show the NSE logo. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 4, 2018. (AP Photo/Richard Drew, File)
September 04, 2018 - 12:08 pm
NEW YORK (AP) — U.S. stocks are slightly lower Tuesday as technology and health care companies slip. Amazon fared better than the rest of the market and briefly traded above $1 trillion in market value. Apple became the first U.S. publicly traded company to reach that mark last month. Banks are...
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FILE - In this Aug. 19, 2018 file photo, Steve Bannon, President Donald Trump's former chief strategist, talks about the approaching midterm election during an interview in Washington. Bannon’s invitation to speak at a festival hosted by The Economist is still on. The newspaper announced Tuesday, Sept. 4, that Bannon would be speaking, as scheduled, during The Economist’s “Open Future” gathering later this month. (AP Photo/J. Scott Applewhite, File)
September 04, 2018 - 11:56 am
NEW YORK (AP) — Steve Bannon's invitation to speak at a festival hosted by The Economist is still on. The magazine announced Tuesday that Bannon would be speaking, as scheduled, during The Economist's "Open Future" gathering later this month. He will be interviewed Sept. 15 in New York by Editor-In...
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Protestors put up a poster in front of the Houses of Parliament in London, Tuesday, Sept. 4, 2018. Secretary of State for Exiting the European Union Dominic Raab will make a statement to the House on his recent meeting with EU Chief Brexit Negotiator Michel Barnier. (AP Photo/Frank Augstein)
September 04, 2018 - 9:29 am
LONDON (AP) — One of Britain's biggest trade unions on Tuesday joined calls for a new public vote on leaving the European Union, saying voters were misled during the 2016 referendum campaign. The GMB union, which has more than 600,000 members, said "the promises that were made during the referendum...
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September 04, 2018 - 8:17 am
WASHINGTON (AP) — U.S. factories grew at a faster pace in August as American industry continues to show robust health. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its manufacturing index jumped last month to 61.3 from 58.1 in July. Anything over 50...
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In this July 3, 2018, file photo, a construction worker lowers himself on a forklift at a construction site in Chicago. On Tuesday, Aug. 4, the Commerce Department reports on U.S. construction spending in July. (AP Photo/Annie Rice)
September 04, 2018 - 7:14 am
WASHINGTON (AP) — Spending on U.S. construction projects ticked up 0.1 percent in July, led by an increase in homebuilding and the publicly funded building of schools and highways. The Commerce Department says the slight July increase brought total construction spending to a seasonally-adjusted...
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September 04, 2018 - 6:56 am
LONDON (AP) — Bank of England Governor Mark Carney all but confirmed Tuesday that he is to stay at the helm of the central bank for longer than planned to help ensure Britain leaves the European Union as smoothly as possible. Following days of speculation about an extension beyond his planned June...
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FILE- In this Aug. 21, 2018, file photo screens above trading posts on the floor of the New York Stock Exchange show the NSE logo. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 4, 2018. (AP Photo/Richard Drew, File)
September 04, 2018 - 6:51 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. U.S. stocks are opening lower as technology companies take losses. Facebook lost 2.8 percent Monday morning and Microsoft lost 1.7 percent. JD.com fell 6.3 percent after the CEO of the Chinese e-commerce...
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September 04, 2018 - 5:31 am
JOHANNESBURG (AP) — The South African economy has fallen into recession, compounding concerns about its weakening currency, plans for land reform and fallout from state corruption under former president Jacob Zuma. The Statistics South Africa group said Tuesday that the economy shrank by 0.7...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 4, 2018. Asian shares are mostly lower as the lack of new leads following a U.S. market holiday meant that trade worries and slowing Chinese manufacturing activity stayed in the spotlight. (AP Photo/Ahn Young-joon)
September 03, 2018 - 9:55 pm
SINGAPORE (AP) — Asian shares were mostly lower Tuesday as the lack of new leads following a U.S. market holiday meant that trade worries and slowing Chinese manufacturing activity stayed in the spotlight. KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.1 percent to 22,697.08. Hong Kong's Hang...
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In this Aug. 31, 2018, photo, President Donald Trump holds up a list of his administrations accomplishments while speaking at a Republican fundraiser at the Carmel Country Club in in Charlotte, N.C. President Donald Trump is starting his Labor Day with an attack on a top union leader. Trump tweeted Monday that AFL-CIO President Richard Trumka “represented his union poorly on television this weekend.” He added: “it is easy to see why unions are doing so poorly. A Dem!” Trumka appeared on “Fox News Sunday,” where he said efforts to overhaul the North American Free Trade Agreement should include Canada. (AP Photo/Pablo Martinez Monsivais)
September 03, 2018 - 4:56 pm
WASHINGTON (AP) — President Donald Trump started his Labor Day with an attack on a top union leader, lashing out after criticism from AFL-CIO President Richard Trumka. Trump tweeted Monday that Trumka "represented his union poorly on television this weekend." He added: "It is easy to see why unions...
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