Economy

October 09, 2019 - 1:52 pm
WASHINGTON (AP) — A plea from uranium mining companies and nuclear power plant operators for tax breaks and other federal financial boosts is going before President Donald Trump, as his administration studies reviving the U.S. uranium industry in the name of national security. Trump is scheduled to...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell attends a panel at the Federal Reserve Board Building in Washington. On Wednesday, Oct. 9, the Federal Reserve releases minutes from its September meeting when it cut interest rates for a second time this year. (AP Photo/Jacquelyn Martin, File)
October 09, 2019 - 11:06 am
WASHINGTON (AP) — Federal Reserve officials were sharply divided last month when they decided to cut their key policy rate for a second time this year, a split that indicates the path forward for future rate cuts remains cloudy. Minutes of the discussion at the September meeting showed that the...
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FILE - In this Aug. 15, 2019, file photo a "Now hiring" sign is displayed on the front door of a Staples store in Manchester, N.H. On Wednesday, Oct. 9, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Charles Krupa, File)
October 09, 2019 - 8:21 am
WASHINGTON (AP) — U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers. The Labor Department says employers advertised 7.1 million available jobs in August, down...
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FILE - In this Oct. 2, 2019, file photo traders Daniel Trimble, left, and Timothy Nick work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 9. (AP Photo/Richard Drew, File)
October 09, 2019 - 7:08 am
NEW YORK (AP) — U.S. stocks moved broadly higher in early trading Wednesday as investors grew more hopeful that the U.S. and China could make some progress in their latest round of trade negotiations. China has reportedly signaled that it is still open to some kind of deal, even if it only...
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Organisation for Economic Co-operation and Development (OECD) Secretary General Angel Gurria gestures during a meeting of German Chancellor Angela Merkel with leaders of international economic and financial organizations at the Chancellery in Berlin, Germany, Tuesday, Oct. 1, 2019. (Hannibal Hanschke/Pool via AP)
October 09, 2019 - 5:41 am
PARIS (AP) — The Organization for Economic Cooperation and Development has proposed a plan to overhaul the way multinationals - particularly tech giants - are taxed to make sure they pay their fair share in countries where they do significant business. The plan from the Paris-based OECD, which...
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Anti Brexit protesters demonstrate through the streets as part of the Reject Brexit-Defend Our Democracy protest, in Manchester, England, Sunday Sept. 29, 2019. The ruling Conservative Party is committed to Britain's Brexit split from the European Union to leave on the scheduled date of Oct. 31, as they hold the annual party conference in Manchester. (Peter Byrne/PA via AP)
October 09, 2019 - 3:17 am
LONDON (AP) — The U.K. financial system is prepared to cope with a no-deal Brexit, though uncertainties about the country's withdrawal from the European Union are weighing hard on the wider economy, the Bank of England said Wednesday. The bank's Financial Policy Committee, which assesses financial...
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Investors rest at a brokerage in Beijing on Wednesday, Oct. 9, 2019. Shares slipped in Asia on Wednesday as tensions between the U.S. and China flared ahead of talks aimed at resolving the trade war between the world's two biggest economies. (AP Photo/Ng Han Guan)
October 08, 2019 - 10:58 pm
Shares slipped in Asia on Wednesday as tensions between the U.S. and China flared ahead of talks aimed at resolving the trade war between the world's two biggest economies. An overnight sell-off on Wall Street added to the gloom. Technology companies, banks and health care stocks bore the brunt of...
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FILE - This Thursday, Dec. 21, 2017 file photo shows the MedMen marijuana dispensary in Los Angeles. Marijuana stocks have come down hard from their highs a year ago, and the skid isn't just spooking investors. On Tuesday, Oct. 8, 2019, MedMen Enterprises Inc., which sells legal cannabis in California and 11 other states, backed out of a blockbuster deal to buy PharmaCann, a Chicago-based marijuana company with operations in eight states. (AP Photo/Richard Vogel, File)
October 08, 2019 - 5:31 pm
LOS ANGELES (AP) — Marijuana stocks have come down hard from their highs a year ago, and the skid isn't just spooking investors. On Tuesday, MedMen Enterprises Inc., which sells legal cannabis in California and 11 other states, backed out of a blockbuster deal to buy PharmaCann, a Chicago-based...
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California Gov. Gavin Newsom signs bill AB 1482, Tuesday, Oct. 8, 2019, in Oakland, Calif. AB 1482 will cap rent increases at 5% each year plus inflation. The bill will also ban landlords from evicting tenants without just cause. (AP Photo/Ben Margot)
October 08, 2019 - 4:56 pm
SACRAMENTO, Calif. (AP) — California will limit rent increases for some people over the next decade after Democratic Gov. Gavin Newsom signed a law Tuesday aimed at combating a housing crisis in the nation's most populous state. Newsom signed the bill at an event in Oakland, an area where a recent...
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Anti-government protesters clash with police near the National Assembly in Quito, Ecuador, Tuesday, Oct. 8, 2019. Anti-government protests, which began when President Lenín Moreno’s decision to cut subsidies led to a sharp increase in fuel prices, has persisted for days, and clashes led the president to move his besieged administration out of Quito. (AP Photo/Dolores Ochoa)
October 08, 2019 - 3:48 pm
QUITO, Ecuador (AP) — Thousands of indigenous people, some carrying long sticks, converged on Ecuador's capital Tuesday as anti-government protests and clashes led the president to move his besieged administration out of Quito. The South American country of 17 million people appeared to be at a...
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