Economy

FILE - In this June 18, 2015 filephoto, an Airbus A380 takes off for its demonstration flight at the Paris Air Show, in Le Bourget airport, north of Paris. The World Trade Organization says the United States can impose tariffs on up to $7.5 billion worth of goods from the European Union as retaliation for illegal subsidies to European plane-maker Airbus — a record award from the trade body. (AP Photo/Francois Mori, File)
October 02, 2019 - 1:03 pm
BRUSSELS (AP) — The Latest on the World Trade Organization’s ruling over EU’s Airbus subsidies (all times local): 10:00 p.m. The Trump administration says it plans to impose tariffs on goods from the European Union on Oct. 18 after receiving a green light Wednesday from the World Trade Organization...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 2. (AP Photo/Frank Franklin II, File)
October 02, 2019 - 11:06 am
NEW YORK (AP) — Stocks tumbled again on Wednesday as worries about a weakening global economy boomeranged around the world. The S&P 500 lost as much as 2.2% in afternoon trading and was on track for its first back-to-back loss of at least 1% since late last year, when fears about a possible...
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European Commissioner for Trade Cecilia Malmstrom speaks during a media conference after an informal lunch of EU trade ministers at the Europa building in Brussels, Tuesday, Oct. 1, 2019. The World Trade Organization ruled in May that Europe illegally subsidized Airbus, hurting U.S. competitor Boeing. The WTO is set shortly to allow President Donald Trump to slap tariffs worth billions of euros on European products, including wine, cheese and olives, in response. (AP Photo/Virginia Mayo)
October 02, 2019 - 4:29 am
BRUSSELS (AP) — The European Union is appealing to U.S. President Donald Trump to avoid any tit-for-tat tariff war as world trade's governing body prepares to issue a ruling that could allow him to impose billions in duties on EU produce. The World Trade Organization ruled in May that Europe...
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FILE - In this Dec. 5, 2018, file photo, residents pass by the entrance to the "Hotan City apparel employment training base" where Hetian Taida Apparel Co. has a factory in Hotan in western China's Xinjiang region. The Trump administration on Tuesday, Oct. 1, 2019, announced it is stopping imports of clothing, gold, diamonds and other items believed to have been produced with forced labor by companies based in Brazil, China and Malaysia as well as some gold mined in eastern Congo and diamonds from a region in Zimbabwe. Hetian Taida Apparel Co., Ltd. in Xinjiang, is one of the companies sanctioned. (AP Photo/Ng Han Guan, File)
October 02, 2019 - 1:36 am
WASHINGTON (AP) — The Trump administration on Tuesday announced it is holding imports of clothing, gold, diamonds and other items believed to have been produced with forced labor by companies based in Brazil, China and Malaysia as well as some gold mined in eastern Congo and diamonds from a region...
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October 02, 2019 - 1:04 am
BERLIN (AP) — A group of leading think-tanks is joining the government and others in cutting its growth outlook for the German economy, predicting that output will expand by only 0.5% this year and 1.1% in 2020. The economic institutes' forecast Wednesday was down from their prediction in spring...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Oct. 2, 2019. Asian shares are lower after U.S. stocks posted their worst loss in five weeks on Wednesday after a surprisingly limp report on the nation’s manufacturing that stirred worries about the economic outlook.(AP Photo/Eugene Hoshiko)
October 01, 2019 - 11:05 pm
BANGKOK (AP) — Asian shares followed U.S. stocks lower after a disappointing update on American manufacturing that stirred worries about the economic outlook. Japan's Nikkei 225 index shed 0.5% to 21,778.61 while the Hang Seng in Hong Kong lost 0.2% to 26,029.11. Sydney's S&P ASX 200 gave up 1...
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Protestors calling for the resignation of Haitian President Jovenel Moise march toward the National Palace before being stopped by police in Port-au-Prince, Haiti, Tuesday, Oct. 1, 2019. While there were sporadic demonstrations on Tuesday, another protest scheduled for Wednesday threatened to once again paralyze Haiti's capital and nearby communities, which have endured violent demonstrations for nearly a month as anger grows over corruption, spiraling inflation and dwindling supplies of food and gasoline. (AP Photo/Rebecca Blackwell)
October 01, 2019 - 9:05 pm
PORT-AU-PRINCE, Haiti (AP) — The operation dubbed "Find Jovenel Moïse" organized by opposition leaders demanding the resignation of Haiti's president ended abruptly when he appeared at the National Palace early this week following violent protests in which several people were killed. Haitians had...
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October 01, 2019 - 9:54 am
WASHINGTON (AP) — The Trump administration is detaining clothing, gold, diamonds and other items believed to have been produced with forced labor by five companies based in Brazil, China, the Democratic Republic of Congo, Malaysia and Zimbabwe. An official at U.S. Customs and Border Protection,...
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October 01, 2019 - 7:20 am
NEW YORK (AP) — Charles Schwab is dropping commissions for online trading of U.S. stocks and exchange-traded funds, the latest slash in an industry battle that's drastically cut the cost of investing. Tuesday's announcement sent shares of other brokerages plummeting. TD Ameritrade lost 21% in...
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This July 1, 2019, photo shows a construction worker atop a new building in Hillsborough, N.C. On Tuesday, Oct. 1, the Commerce Department reports on U.S. construction spending in August. (AP Photo/Gerry Broome)
October 01, 2019 - 7:15 am
WASHINGTON (AP) — U.S. construction spending edged up a disappointing 0.1% in August as continued weakness in nonresidential construction offset the best gain in home building in nine months. The latest figure marked the fourth month of lackluster results, including declines in May and June and a...
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