Economy

FILE - In this Oct. 8, 2019, file photo, technicians walk at the three thematic districts at the under construction site of the Expo 2020 in Dubai, United Arab Emirates. The United States, on Wednesday, Jan. 15, 2020, said its participation at this year's World's Fair in Dubai is being made possible by “the generosity of the Emirati government.” (AP Photo/Kamran Jebreili)
January 16, 2020 - 12:54 am
DUBAI, United Arab Emirates (AP) — The United States said its participation at this year's World's Fair in Dubai is being made possible by “the generosity of the Emirati government.” The U.S. State Department said Wednesday Emirati sponsorship of America's pavilion, estimated to be at least $60...
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President Donald Trump, gestures during a signing ceremony with Chinese Vice Premier Liu He to sign a U,S, China trade agreement, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Steve Helber)
January 15, 2020 - 9:50 pm
WASHINGTON (AP) — One day after signing a new trade deal with China, President Donald Trump is expected to get more good news on his trade agenda as the Senate considers a new North American pact. The House has already overwhelmingly approved the United States-Mexico-Canada Agreement. The Senate is...
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President Donald Trump holds the signed a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 2:32 pm
WASHINGTON (AP) — The United States and China reached a trade deal Wednesday that eases tensions between the world’s two biggest economies, offers massive export opportunities for U.S. farms and factories, and promises to do more to protect American trade secrets. Still, the Phase 1 agreement...
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An anti-government protester receives helps after she was beaten by riot police, while she was was protesting outside a police headquarters demanding the release of those taken into custody the night before, outside a police headquarter, in Beirut, Lebanon, Wednesday, Jan. 15, 2020. Lebanese security forces arrested 59 people, the police said Wednesday, following clashes overnight outside the central bank as angry protesters vented their fury against the country's ruling elite and the worsening financial crisis. (AP Photo/Hussein Malla)
January 15, 2020 - 1:59 pm
BEIRUT (AP) — The top U.N. official in Lebanon on Wednesday denounced acts of vandalism by protesters targeting the country's banks a day earlier. But the senior diplomat reserved his harshest words for Lebanese politicians, saying they had only themselves to blame for the chaos. The strongly...
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FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 1:54 pm
The Dow Jones Industrial Average closed above 29,000 points for the first time and the S&P 500 index hit its second record high in three days Wednesday. The milestones came on a day when the market traded in a narrow range as investors weighed the latest batch of corporate earnings reports and...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 10:06 am
Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the...
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January 15, 2020 - 9:29 am
NEW DELHI (AP) — Amazon founder Jeff Bezos said Wednesday that his company plans to invest $1 billion in digitizing small and medium businesses in India. Bezos, who is currently on a three-day visit, also said that Amazon is going to use it size, scale and global footprint to export $10 billion in...
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FILE - In this Oct. 13, 2019, file photo a farmer harvests soybeans in a field near Concordia, Mo. On Wednesday, Jan. 15, 2020, the Labor Department releases the Producer Price Index for December. (AP Photo/Charlie Riedel, File)
January 15, 2020 - 5:43 am
WASHINGTON (AP) — U.S. wholesale prices rose a slight 0.1% in December as a jump in the cost of energy was offset by falling food prices. The Labor Department said Wednesday the December increase in its producer price index, which measures inflation pressures before they reach the consumer,...
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A group of protestors take rest as others march behind in Hong Kong, Wednesday, Jan. 1, 2020. Hong Kong toned down its New Year’s celebrations amid the protests that began in June and which have dealt severe blows to the city’s retail, tourism and nightlife sectors. (AP Photo/Vincent Yu)
January 15, 2020 - 3:38 am
HONG KONG (AP) — Visitor numbers to Hong Kong fell by nearly 40% in the second half of last year amid clashes between police and anti-government protesters. The Hong Kong Tourism Board said Wednesday that the numbers of those visiting the Asian financial hub started to drop off in July as protests...
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A cargo ship passes the buildings of the banking district on the river Main in Frankfurt, Germany, Monday, Dec. 30, 2019. (AP Photo/Michael Probst)
January 15, 2020 - 3:12 am
BERLIN (AP) — The German economy expanded by 0.6% last year, its worst performance since 2013, as export growth slowed and manufacturing was weak. It was the 10th consecutive year of growth, the longest period since Germany was reunited in 1990, the Federal Statistical Office said Wednesday. But...
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