Economy

August 30, 2018 - 7:24 am
NEW YORK (AP) — U.S. stocks are dipping Thursday morning after a four-day rally brought major indexes to record highs. Banks are slipping with interest rates and consumer-focused companies, which have made large gains recently, also lagged the market. Technology companies took small losses. A...
Read More
Britain's Prime Minister Theresa May inspects the honour guard after arriving to meet with Kenya's President Uhuru Kenyatta at State House in Nairobi, Kenya Thursday, Aug. 30, 2018. The British prime minister is on a three-country Africa visit with a large business delegation as Britain seeks to boost economic ties ahead of a bumpy exit from the European Union in March. (AP Photo/Ben Curtis)
August 30, 2018 - 6:25 am
NAIROBI, Kenya (AP) — British Prime Minister Theresa May on Thursday became the first UK leader to visit Kenya in 30 years, bringing security and development funding to East Africa's commercial hub and neighboring Somalia as Britain seeks to boost economic ties ahead of a bumpy exit from the...
Read More
August 30, 2018 - 5:36 am
WASHINGTON (AP) — Consumer spending, bolstered by strong job growth and tax cuts, rose a solid 0.4 percent in July, the sixth straight month of healthy gains, while a key measure of inflation posted its largest annual gain in more than six years. The Commerce Department says the July spending gain...
Read More
FILE - In this Nov. 15, 2016 file photo, Indians stand in queues at a bank to exchange or deposit discontinued currency notes, in New Delhi, India. Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, India's reserve bank has announced, indicating the move did little to slow the underground economy. Even as the decree caused turmoil for those in India who have always depended on cash, the poor and middle class, and millions of small traders, the rich found ways around the currency switch. (AP Photo/Altaf Qadri, File)
August 30, 2018 - 4:25 am
NEW DELHI (AP) — Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, India's reserve bank has announced, indicating the move did little to slow the underground economy. Prime Minister Narendra Modi's...
Read More
August 30, 2018 - 2:57 am
BEIJING (AP) — China's government says it will make economic changes at its own pace regardless of U.S. pressure and that their spiraling dispute over technology can only be settled through talks as equals. A Commerce Ministry spokesman gave no indication Thursday of possible plans for more...
Read More
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 30, 2018. Asian markets were mixed Thursday as positive sentiment from U.S. economic data and the country's willingness to strike a trade deal with Canada was shaken by a weaker dollar. (AP Photo/Ahn Young-joon)
August 29, 2018 - 11:07 pm
SINGAPORE (AP) — Asian markets were mixed Thursday as positive sentiment from U.S. economic data and the country's willingness to strike a trade deal with Canada was shaken by a weaker dollar. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.1 percent to 22,877.66 while the Kospi in South Korea...
Read More
FILE - In this June 24, 2016, file photo, people walk by the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 29. 2018. (AP Photo/Richard Drew, File)
August 29, 2018 - 8:44 pm
SINGAPORE (AP) — Asian markets were mixed Thursday as positive sentiment from U.S. economic data and the country's willingness to strike a trade deal with Canada was shaken by a weaker dollar. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.2 percent to 22,883.64 and the Kospi in South Korea...
Read More
FILE - In this June 8, 2018, file photo, President Donald Trump talks with Canadian Prime Minister Justin Trudeau during a G-7 Summit welcome ceremony in Charlevoix, Canada. Canadians are stunned by the repeated broadsides from what had long been their closest ally and some have even begun boycotts. It started with Trump's attacks on Canadian dairy farmers, then Washington slapped tariffs on Canadian steel, citing national security. Then it was a disastrous G-7 Summit in Quebec and now it's a new North American free trade agreement without the northern tier of the continent. (AP Photo/Evan Vucci, File)
August 29, 2018 - 12:42 pm
TORONTO (AP) — It started with President Donald Trump's attacks on Canadian dairy farmers. Then Washington slapped tariffs on Canadian steel, citing national security. There was that disastrous G-7 summit in Quebec. Now it's a new North American free trade agreement that excludes America's northern...
Read More
August 29, 2018 - 11:07 am
WASHINGTON (AP) — In a victory for the American newspaper industry, the U.S. International Trade Commission on Wednesday blocked tariffs imposed by the Trump administration on imported newsprint, finding that American producers weren't harmed by imports from Canadian paper mills. The newspaper...
Read More
British Prime Minister Theresa May, right, is welcomed by Nigeria's President Muhammadu Buhari, at the Presidential palace in Abuja, Nigeria, Wednesday, Aug 29, 2018. Britain and Nigeria have signed a security and defense agreement during a one-day visit by Prime Minister Theresa May as Africa's most populous country struggles to defeat Boko Haram extremists and others linked to the Islamic State organization.(AP Photo/Azeez Akunleyan)
August 29, 2018 - 10:42 am
LAGOS, Nigeria (AP) — Britain and Nigeria signed a security and defense agreement during a one-day visit by Prime Minister Theresa May on Wednesday as Africa's most populous country struggles to defeat Boko Haram extremists and others linked to the Islamic State organization. The British prime...
Read More

Pages