Economy

New Jersey Sen. Cory Booker, a Democratic presidential candidate, speaks at a candidate forum on Saturday, June 15, 2019, in Charleston, S.C., sponsored by the Black Economic Alliance. (AP Photo/Meg Kinnard)
June 15, 2019 - 6:51 pm
CHARLESTON, S.C. (AP) — Four Democrats vying for their party's presidential nomination honed in on the economic concerns of the black community during a forum Saturday in South Carolina, a state where nonwhite voters will play a major role in next year's primary election. Appearing on stage one at...
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Turkish President Recep Tayyip Erdogan speaks to the media after Friday prayers, in Istanbul, Friday, June 7, 2019. Erdogan says his country is determined to protect Turkish Cypriots' rights to gas deposits in the eastern Mediterranean.(Presidential Press Service via AP, Pool)
June 15, 2019 - 5:30 am
ANKARA, Turkey (AP) — Turkey has criticized the leaders of southern European Union nations for urging the EU to consider taking action against Turkey over its bid to drill for gas in waters where Cyprus has exclusive economic rights. The Turkish Foreign Ministry said Saturday that a declaration...
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Yutaka Katada, president of Kokuka Sangyo Co., the Japanese company operating one of two oil tankers attacked near the Strait of Hormuz, shows a photo of the attacked oil tanker during a news conference Friday, June 14, 2019, in Tokyo. Iran rejects a U.S. accusation against Tehran over suspected attacks on two oil tankers near the strategic Strait of Hormuz. (AP Photo/Jae C. Hong)
June 15, 2019 - 12:45 am
SEOUL, South Korea (AP) — The blasts detonated far from the bustling megacities of Asia, but the attack this week on two tankers in the strategic Strait of Hormuz hits at the heart of the region's oil import-dependent economies. While the violence only directly jolted two countries in the region —...
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Signs for and against unionization are in a roundabout along Volkswagen Drive in front of the Volkswagen plant Friday, June 14, 2019 in Chattanooga, Tenn. Workers voted against forming a factory-wide union, handing a setback to the United Auto Workers’ efforts to gain a foothold among foreign auto facilities in the South. (Erin O. Smith/Chattanooga Times Free Press via AP)
June 14, 2019 - 9:10 pm
CHATTANOOGA, Tenn. (AP) — Workers at Volkswagen's plant in Chattanooga, Tennessee, voted Friday night against forming a factory-wide union, handing a setback to the United Auto Workers' efforts to gain a foothold among foreign auto facilities in the South. The vote of hourly workers began Wednesday...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 1:39 pm
NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and...
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Greece Prime Minister Alexis Tsipras, right, is welcomed by Malta Prime Minister Joseph Muscat on the occasion of the Mediterranean Summit of Southern EU countries in Valetta, Malta, Friday, June 14, 2019. (AP Photo/Jonathan Borg)
June 14, 2019 - 12:32 pm
ROME (AP) — The leaders of southern European nations gathered in Malta on Friday to build a united front on key economic and political issues before next week's European Council meeting. Key European Union jobs, migration issues and climate change were at the top of the agenda in Valletta, where...
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FILE - This Dec. 3, 2009, file photo, the NBC Universal logo hangs on a building in Los Angeles. NBCUniversal announced plans Friday, June 14, 2019, for a state-of-the-art television and film studio in a warehouse district just north of downtown Albuquerque. (AP Photo/Jae C. Hong, File)
June 14, 2019 - 10:40 am
ALBUQUERQUE, N.M. (AP) — NBCUniversal announced Friday it will build a state-of-the-art television and film studio in a warehouse district just north of downtown Albuquerque as it seeks to expand its footprint in one of the fastest growing film production hubs in the country. The media giant said...
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This June 13, 2019, image released by the U.S. military's Central Command, shows damage and a suspected mine on the Kokuka Courageous in the Gulf of Oman near the coast of Iran. The U.S. military on Friday, June 14, 2019, released a video it said showed Iran's Revolutionary Guard removing an unexploded limpet mine from one of the oil tankers targeted near the Strait of Hormuz, suggesting the Islamic Republic sought to remove evidence of its involvement from the scene. (U.S. Central Command via AP)
June 14, 2019 - 9:55 am
DUBAI, United Arab Emirates (AP) — The U.S. military released a video Friday it said showed Iran's Revolutionary Guard removing an unexploded limpet mine from one of the oil tankers targeted near the strategic Strait of Hormuz, suggesting Tehran wanted to hide evidence of its alleged involvement...
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FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. The slightest hint that the Federal Reserve might lower interest rates often puts investors in a buying mood, stoking their expectations of greater stock market returns. But it doesn’t always work that way. (AP Photo/Kiichiro Sato, File)
June 14, 2019 - 8:51 am
WASHINGTON (AP) — President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve's interest rate policies even though he knows he has made Chairman Jerome Powell's job more difficult. Trump told ABC News in an interview released Friday that he thinks economic...
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FILE - In this May 30, 2019 file photo, Brazil's President Jair Bolsonaro attends a ceremony to sign a decree on Regional Development, at the Planalto Presidential Palace, in Brasilia, Brazil. The South American country kicked off a general strike Friday, June 14, that is likely to paralyze major cities across Brazil. The nationwide strike is the first since the arrival of far-right President Jair Bolsonaro on Jan. 1. (AP Photo/Eraldo Peres)
June 14, 2019 - 8:39 am
RIO DE JANEIRO (AP) — Brazil kicked off a general strike Friday that is likely to paralyze major cities across Latin America's largest country. The nationwide strike is the first since the arrival of far-right President Jair Bolsonaro on Jan. 1. While most participants will be protesting against a...
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