Economy

September 08, 2018 - 11:28 am
President Donald Trump agrees with Apple that potential tariffs on Chinese imports could make its gadgets more expensive, but he says the tech company can fix the problem by moving production to the U.S. In a tweet Saturday, Trump implored the company to shift production from China: "Start building...
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Greece's Prime Minister Alexis Tsipras, right, and Simos Anastasopoulos, President of the American-Hellenic Chamber of Commerce, center, listen to U.S. Commerce Secretary Wilbur Ross, during a visit at Thessaloniki International Trade Fair, at the northern Greek city of Thessaloniki, Saturday, Sept. 8, 2018. Thousands of police officers will be on duty in the northern city Saturday, as anti-austerity protests are planned throughout the city, at the same time when Tsipras plans to outline his economic platform for a country emerging from a decade of international bailout measures. (AP Photo/Giannis Papanikos)
September 08, 2018 - 5:00 am
THESSALONIKI, Greece (AP) — U.S. Commerce Secretary Wilbur Ross on Saturday inaugurated a trade fair in recession-weary Greece, where the government is pushing for overseas investment but faces mass protests after years of plummeting living standards. Ross joined Greece's left-wing Prime Minister...
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Canadian Foreign Minister Chrystia Freeland, talks to reporters outside the United States Trade Representative building in Washington, Friday Sept. 7, 2018. (AP Photo/Luis Alonso Lugo)
September 07, 2018 - 2:59 pm
WASHINGTON (AP) — President Donald Trump said Friday he does not want to hurt Canada's economy but also warned that if he imposes taxes on cars it would be "devastating" for the neighboring country. "If I tax cars coming in from Canada, it would be devastating. But I don't want to do that," Trump...
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FILE- This April 5, 2018, file photo shows a building's address on Wall Street in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 6. (AP Photo/Richard Drew, File)
September 07, 2018 - 1:09 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stock indexes are closing lower Friday after a surprisingly strong jobs report pushed investors to gird for higher interest rates. Investors sold high-dividend stocks as bond yields rose, and tech...
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This July 25, 2018, photo shows a help wanted sign at a new Zaxby's restaurant in Madison, Miss. On Friday, Sept. 7, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Rogelio V. Solis)
September 07, 2018 - 9:07 am
WASHINGTON (AP) — The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years — evidence that employers remain confident despite the Trump administration's ongoing conflicts with its trading partners. Employers added a strong 201,000 jobs, and the...
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FILE- This Dec. 21, 2016, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 7, 2018. (AP Photo/Mark Lennihan, File)
September 07, 2018 - 8:46 am
NEW YORK (AP) — U.S. stock indexes churned on Friday, with high-dividend stocks falling and tech stocks rising, after a strong jobs report pushed investors to gird for higher interest rates. Not only was hiring better than expected last month, so were workers' wage gains. It's the latest evidence...
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September 07, 2018 - 5:46 am
THESSALONIKI, Greece (AP) — Thousands of police officers have been deployed to Greece's second-largest city ahead of anti-austerity protests at a trade fair where Prime Minister Alexis Tsipras is set to outline his post-bailout economic policy platform. The Thessaloniki police department said more...
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FILE- In this Wednesday, June 20, 2018, file photo, Jason Joshua waits on customers at Zak the Baker in Miami. Americans who quit to take new jobs are enjoying pay raises that are one-third larger than raises for workers who stay put, a gap that has reached the widest point since the Great Recession. At the same time, retail and restaurant workers are receiving more generous raises than manufacturing workers are. (AP Photo/Lynne Sladky, File)
September 07, 2018 - 3:36 am
WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast that employers added 189,000 jobs in August and that the unemployment rate dipped from an already-low 3.9 percent to...
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FILE - In this June 12, 2018, file photo, U.S. President Donald Trump answers questions about the summit with North Korea leader Kim Jong Un during a press conference at the Capella resort on Sentosa Island in Singapore. To South Koreans, Bob Woodward's new book about the Trump presidency paints a bizarre but familiar picture of an unconventional U.S. leader who thinks little of a decades-long alliance that South Koreans describe as a "bond of blood." (AP Photo/Evan Vucci, File)
September 07, 2018 - 3:20 am
SEOUL, South Korea (AP) — Donald Trump had to be tricked out of killing a U.S.-South Korean trade deal? He threatened to move a U.S. missile defense system from South Korea to Oregon? He ordered a plan for a pre-emptive attack on North Korea? These supposed moves by Trump, detailed in journalist...
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A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Sept. 7, 2018. Asian stocks were mostly lower on Thursday as the U.S. and China moved closer to imposing tariffs on billions of dollars of each other's goods, sounding a call of caution in the markets. (AP Photo/Vincent Yu)
September 07, 2018 - 2:11 am
SINGAPORE (AP) — Global markets were mixed on Friday as traders mulled over the effects of possible U.S. tariffs on $200 billion in Chinese goods in a simmering trade dispute. KEEPING SCORE: In Europe, France's CAC 40 added 0.1 percent to 5,250.38, while the FTSE 100 index of leading British shares...
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