Economy

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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FILE - In this Sept. 18, 2019, file photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 1. (AP Photo/Mark Lennihan, File)
October 01, 2019 - 7:03 am
NEW YORK (AP) — U.S. stocks moved higher as investors continued shifting money into technology stocks and extended gains into the first day of the new quarter. Apple and Microsoft led the tech sector higher. Chipmakers, including Intel and Nvidia, also made broad gains. Tech stocks have been on the...
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People walk home in the dark due to power shortages in Harare, on Monday Sept. 30, 2019. Zimbabwean President Emmerson Mnangagwa is set to present a State of the Nation address Tuesday, at a time the southern African nation is reeling from its worst economic crisis in more than a decade. Zimbabweans are enduring shortages of everything from medicines, fuel, cash and water- bringing a weariness and disgust that has often flared into streets protests. (AP Photo/Tsvangirayi Mukwazhi)
October 01, 2019 - 5:49 am
HARARE, Zimbabwe (AP) — Zimbabwe's opposition lawmakers walked out of Parliament on Tuesday as President Emmerson Mnangagwa presented his state of the nation address, a sign of the political tensions still gripping the country. The opposition Movement for Democratic Change party said it does not...
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FILE - In this March 10, 2010, file photo, containers are seen at a port in Singapore. In a report released Wednesday, Sept. 25, 2019, the Asian Development Bank says that escalating trade tensions will sap Asian economies of some of their potential in this year and the next. (AP Photo/Wong Maye-E, File)
October 01, 2019 - 5:11 am
GENEVA (AP) — Global trade is forecast to weaken this year to the slowest pace since the depths of the Great Recession due to the U.S.-China trade war. The World Trade Organization said Tuesday it expects volumes of traded goods to rise 1.2% this year, far below the 2.6% estimate it issued in April...
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