Economy

European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, speaks with European Commissioner for Migration and Home Affairs Dimitris Avramopoulos during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 10, 2019 - 2:49 am
BRUSSELS (AP) — The European Union said Wednesday it has trimmed its forecasts for economic growth next year as global trade tensions weigh on the bloc's export-focused manufacturers. The EU executive commission reduced its forecast for next year for both the 19-country eurozone and the 27...
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July 10, 2019 - 12:51 am
BEIJING (AP) — The top U.S. and Chinese trade envoys have spoken by phone in their first contact since Presidents Donald Trump and Xi Jinping agreed to resume stalled talks on ending a tariff war. The Commerce Ministry said Beijing's envoy, Vice Premier Liu He, talked Tuesday with Trade...
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FILE-- This Nov. 19, 2015 file photo shows a general view of a petrochemical complex in the South Pars gas field in Asaluyeh, Iran, on the northern coast of Persian Gulf. When it comes to saving Iran's nuclear deal, Europe finds itself in the impossible situation of trying to salvage an accord unraveling because of the maximalist U.S. sanctions campaign. (AP Photo/Ebrahim Noroozi, File)
July 09, 2019 - 10:30 am
BERLIN (AP) — France on Tuesday sent a top diplomat to Tehran to urge Iran to scale back its recently increased uranium enrichment activities, a mission underscored by a call from Europe for the Islamic Republic to return to complying with the terms of the unraveling nuclear deal "without delay."...
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In this Monday, July 1, 2019 photo, a help wanted sign appears on a bus stop in front of a McDonald's restaurant in Miami. On Tuesday, July 9, the Labor Department reports on job openings and labor turnover for April. (AP Photo/Wilfredo Lee)
July 09, 2019 - 7:41 am
WASHINGTON (AP) — Job openings posted by U.S. employers slipped 0.7% in May, while hires that month tumbled 4.4% in a sign that the job market may be cooling slightly. The Labor Department says employers posted 7.3 million jobs in May. They hired 5.7 million, down from the record 6 million achieved...
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FILE - In this May 1, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. Powell says the Fed's annual stress tests of the nation's largest banks will need to evolve to keep pace with a changing financial system. (AP Photo/Patrick Semansky, File)
July 09, 2019 - 6:50 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that the Fed's annual stress tests of the nation's largest banks will need to evolve to keep pace with a changing financial system. Powell called the tests, which determine whether a bank could survive a severe economic downturn...
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Spanish Prime Minister Pedro Sanchez speaks during a media conference at an EU summit in Brussels, Tuesday, July 2, 2019. European Union leaders on Tuesday, July 2, 2019, after a lengthy session of talks, named current Belgian Prime Minister Charles Michel for the post of President of the European Commission. (AP Photo/Virginia Mayo)
July 09, 2019 - 6:08 am
MADRID (AP) — Spain's center-left Socialist leader Pedro Sánchez has failed to win the support of the far-left We Can party for his bid to form a government, prolonging the political limbo in the eurozone's fourth-largest economy. Sanchez won the most votes in April's general election but he is far...
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Greece's new cabinet pose for the photographers during the swearing in ceremony at the Presidential palace in Athens, Tuesday, July 9, 2019. Cabinet has been sworn in, two days after conservative party leader Kyriakos Mitsotakis won early elections on pledges to make the country more business-friendly, cut taxes and negotiate an easing of draconian budget conditions agreed as part of Greece's rescue program. (AP Photo)
July 09, 2019 - 5:31 am
ATHENS, Greece (AP) — Greece's new Cabinet was sworn in Tuesday, two days after conservative party leader Kyriakos Mitsotakis won early elections on pledges to make the country more business-friendly, cut taxes and negotiate an easing of draconian budget conditions agreed as part of the country's...
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In this June 18, 2019, photo a man pulls a grocery cart as he walks in the rain past the stock ticker scroll board, showing a strong daily gain in the Dow Jones, outside Fidelity Investments in the Financial District of Boston. According to a survey by The Associated Press-NORC Center for Public Affairs Research, Americans are generally satisfied with their personal finances, but many lack confidence in their ability to afford retirement, an emergency expense or even their daily living costs (AP Photo/Charles Krupa)
July 09, 2019 - 5:28 am
WASHINGTON (AP) — Americans are generally satisfied with their personal finances, but many lack confidence in their ability to afford retirement, an emergency expense or even their daily living costs. Roughly two-thirds, 67%, describe their financial situation as generally good, up slightly from 62...
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July 09, 2019 - 5:02 am
BUENOS AIRES, Argentina (AP) — Former Argentine President Fernando De la Rúa, who attracted voters with his image as an honest statesman and later left the country plunged into its worst economic crisis, has died. He was 81. The death was confirmed by the Argentine government. President Mauricio...
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An investor walks in front of stock trading boards at a private market gallery in Kuala Lumpur, Malaysia, Tuesday, July 9, 2019. Asian shares mostly fell Tuesday in quiet trading as investors waited for signs on what might be ahead for U.S. interest rates. (AP Photo/Vincent Thian)
July 09, 2019 - 4:36 am
TOKYO (AP) — Global stock markets were mostly lower Tuesday as investors looked for signs of how far the U.S. Federal Reserve might cut interest rates after upbeat economic data in recent days. Shares on Wall Street are poised to open lower again amid growing speculation that an unexpectedly strong...
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