Economy

FILE - In this Nov. 15, 2019, file photo a microphone stands at the entrance to a secure area during a closed-door interview with David Holmes, a career diplomat and the political counselor at the U.S. Embassy in Kyiv, Ukraine, on Capitol Hill in Washington. The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday, Jan. 16, 2020. (AP Photo/Jose Luis Magana, File)
January 16, 2020 - 12:48 pm
WASHINGTON (AP) — The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday. The early access to embargoed data allows news services to...
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January 16, 2020 - 10:51 am
GUATEMALA CITY (AP) — A former economy minister was declared a fugitive from justice Thursday, a day after he appeared in court to face corruption allegations. Chief anti-impunity prosecutor Juan Francisco Sandoval said Acisclo Valladares Urruela was not at his residence when authorities went there...
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In this Jan. 9, 2020, photo a "Coming Soon" sign hangs from a real estate sign outside a home in Derry, N.H. On Thursday, Jan. 16, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)
January 16, 2020 - 9:47 am
WASHINGTON (AP) — U.S. long-term mortgage rates rose slightly last week after financial markets that had been roiled by the U.S.-Iran conflict stabilized. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year fixed-rate mortgage ticked up to 3.65% from 3.64% last week. The...
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January 16, 2020 - 8:36 am
NEW YORK (AP) — The nation's largest retail trade group says holiday sales increased 4.1%, near the top end of its forecast. The National Retail Federation had expected a range of 3.8% to 4.2% for the November and December period. The results offer a dose of optimism for the retail industry after...
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In this Jan. 9, 2020, photo pick-up trucks are lined up for sale on the sales lot at Betley Chevrolet dealership in Derry, N.H. On Thursday, Jan. 16, the Commerce Department releases U.S. retail sales data for December. (AP Photo/Charles Krupa)
January 16, 2020 - 6:32 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays after a sluggish November. The Commerce Department said Thursday that retail sales increased 0.3% in December from the previous month. Excluding sales at car...
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Clouds pass by the European Central Bank in Frankfurt, Germany, Thursday, Jan. 16, 2020. (AP Photo/Michael Probst)
January 16, 2020 - 6:30 am
FRANKFURT, Germany (AP) — Top officials at the European Central Bank say economic growth remains weak though they see a few upbeat signs after the U.S. and China moved toward lowering trade tensions. Recent data point to “a stabilization in euro area growth,” according to an account of the Dec. 12...
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Investors monitor stock prices near Chinese New Year decorations hung up at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)
January 16, 2020 - 4:44 am
BANGKOK (AP) — Global markets were subdued Thursday after the signing of a preliminary China-U.S. trade agreement that investors hope will bring better relations between the world's two biggest economies. After Asian markets largely closed higher, Germany's DAX was down 0.1% to 13,418. The CAC 40...
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Investors monitor stock prices at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)
January 16, 2020 - 4:03 am
BEIJING (AP) — China’s government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other’s “core concerns.” The “Phase 1” agreement shows Beijing and Washington “can find appropriate and effective solutions to relevant issues through dialogue,”...
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A woman walks a depiction of a Rat with the words "Bring in wealth and treasures" ahead of the Chinese Lunar New Year Year of the Rat celebrations in Beijing on Thursday, Jan. 16, 2020. China's government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other's "core concerns." (AP Photo/Ng Han Guan)
January 16, 2020 - 3:54 am
BANGKOK (AP) — The trade agreement signed by President Donald Trump and Beijing's lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018. For Thailand, that's meant some fallout from reduced demand for certain products but increased...
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Hong Kong Chief Executive Carrie Lam speaks during a question and answer session at the Legislative Council in Hong Kong Jan. 16, 2020. (AP Photo/Vincent Yu)
January 16, 2020 - 2:33 am
HONG KONG (AP) — Hong Kong’s leader Carrie Lam said Thursday that the ''one country, two systems'' framework under which the city enjoys freedoms unknown in China could continue after a 2047 deadline if loyalty to Beijing is upheld. Lam’s comments at the Legislative Council appeared to be an appeal...
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