Economy

In this March 31, 2010, file photo, Saudi Arabia's Prince Abdulaziz bin Salman attends the International Energy Forum in Cancun, Mexico. Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, Sept. 8, 2019, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain stubbornly below what is needed to keep up with government spending. (AP Photo/Israel Leal, File)
September 08, 2019 - 9:59 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain below what is needed to keep up with government...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. China's trade with the United States fell sharply in August as a tariff war that threatens global economic growth worsened. (AP Photo/Kin Cheung, File)
September 08, 2019 - 4:33 am
BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data...
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Greece's Prime Minister Kyriakos Mitsotakis delivers a speech during the Thessaloniki International Fair at the northern city of Thessaloniki, Saturday, Sept. 7, 2019. Mitsotakis outlined his economic policies for the next year, as heads of government have traditionally done over the years. (AP Photo/Giannis Papanikos)
September 07, 2019 - 11:20 pm
THESSALONIKI, Greece (AP) — Greece's prime minister said financial reforms such as reducing taxes, fighting bureaucracy and attracting investment must be implemented before the country asks its creditors to agree to lower budget surpluses. Prime Minister Kyriakos Mitsotakis laid out his economic...
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FILE -- In this Friday, Nov. 17, 2017 file photo, Zimbabwe's President Robert Mugabe officiates at a student graduation ceremony at Zimbabwe Open University on the outskirts of Harare, Zimbabwe. On Friday, Sept. 6, 2019, Zimbabwe President Emmerson Mnangagwa said his predecessor Robert Mugabe, age 95, has died. (AP Photo/Ben Curtis, File)
September 07, 2019 - 4:01 am
HARARE, Zimbabwe (AP) — Robert Mugabe will be buried at a hilltop shrine reserved exclusively for Zimbabwe's ruling elite, an official said Saturday, as the southern African nation began several days of official mourning. No date for the funeral has been set, and it's not clear when Mugabe's body...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 06, 2019 - 2:43 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion." Powell gave an upbeat view of the U.S...
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FILE - In this Aug. 14, 2019, file photo company representatives from Verizon, Goodwill, Kaiser Permanente and UPS, right, talk with potential applicants during a job and resource fair in Atlanta. On Friday, Sept. 6, the U.S. government issues the August jobs report. (Bob Andres/Atlanta Journal-Constitution via AP, File)
September 06, 2019 - 2:08 pm
WASHINGTON (AP) — Hiring by U.S. employers was slower but steady in August, and hourly pay jumped — trends that should sustain the U.S. economy's record-long expansion in the coming months. Yet with the economy still under threat from a weak global economy and President Donald Trump's trade war...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 06, 2019 - 12:44 pm
Stocks moved broadly higher on Wall Street in afternoon trading Friday, placing the market on track to notch a second straight weekly gain after a wobbly start to the week. Health care companies, household goods makers and retailers powered much of the buying. Cardinal Health rose 2.3%, General...
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FILE -- In this Friday, Nov. 17, 2017 file photo, Zimbabwe's President Robert Mugabe officiates at a student graduation ceremony at Zimbabwe Open University on the outskirts of Harare, Zimbabwe. On Friday, Sept. 6, 2019, Zimbabwe President Emmerson Mnangagwa said his predecessor Robert Mugabe, age 95, has died. (AP Photo/Ben Curtis, File)
September 06, 2019 - 12:37 pm
HARARE, Zimbabwe (AP) — Former Zimbabwean leader Robert Mugabe, an ex-guerrilla chief who took power when the African country shook off white minority rule and presided for decades while economic turmoil and human rights violations eroded its early promise, has died in Singapore. He was 95. Mugabe...
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FILE - In this Friday, Dec, 12, 2014 file photo Emmerson Mnangagwa, left, then Vice President of Zimbabwe chats with Zimbabwean President Robert Mugabe after the swearing in ceremony at State House in Harare. Mugabe, the former leader of Zimbabwe forced to resign in 2017 after a 37-year rule whose early promise was eroded by economic turmoil, disputed elections and human rights violations, has died. He was 95. (AP Photo/Tsvangirayi Mukwazhi, File)
September 06, 2019 - 11:56 am
HARARE, Zimbabwe (AP) — The Latest on the death of former Zimbabwe leader Robert Mugabe (all times local): 8:35 p.m. Current and former leaders of Ghana have lauded Zimbabwe ex-president Robert Mugabe following his death in Singapore. Former Ghanaian President Jerry John Rawlings tweeted on Friday...
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Italy's Prime Minister Giuseppe Conte, right, flanked by former undersecretary Giancarlo Giorgetti of the Northern League, poses with the bell that traditionally opens the meeting of the cabinet as he starts the first cabinet meeting of his new government at Chigi Palace in Rome, Thursday, Sept. 5, 2019. Italian Premier Giuseppe Conte forged a new coalition government Wednesday that teams up the populist 5-Star Movement and center-left Democrats in an unusual alliance of rivals to banish for now the specter of early election that likely could have seen the triumph of Italy's fast-rising right-wing forces. (AP Photo/Domenico Stinellis)
September 06, 2019 - 9:46 am
ROME (AP) — Italy's new coalition government has been hailed as good news for Europe, as a more Brussels-friendly lineup replaces the populist coalition in which right-wing leader Matteo Salvini and his euro-skeptic League held considerable sway. But unless European countries lend a strong hand to...
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