Economy

November 17, 2019 - 9:33 am
LONDON (AP) — A senior British business leader has raised concerns about the economic policies of the two main parties in next month’s election, describing 2020 as the most important year in a generation due to uncertainty over Britain’s departure from the European Union. Confederation of British...
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In this picture released by an official website of the office of the Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei talks to clerics during his Islamic thoughts class in Tehran, Iran, Sunday, Nov. 17, 2019. Iran's supreme leader on Sunday backed the government's decision to raise gasoline prices and called angry protesters who have been setting fire to public property over the hike "thugs," signaling a potential crackdown on the demonstrations. (Office of the Iranian Supreme Leader via AP)
November 17, 2019 - 7:59 am
DUBAI, United Arab Emirates (AP) — Iran’s supreme leader on Sunday backed the government’s decision to raise gasoline prices and called angry protesters who have been setting fire to public property over the hike “thugs,” signaling a potential crackdown on the demonstrations. Ayatollah Ali Khamenei...
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Cars block a street during a protest against a rise in gasoline prices, in the central city of Isfahan, Iran, Saturday, Nov. 16, 2019. Demonstrators angered by a 50% increase in government-set gasoline prices blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire. (AP Photo)
November 16, 2019 - 8:26 pm
DUBAI, United Arab Emirates (AP) — Protesters angered by Iran raising government-set gasoline prices by 50% blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire, in violence that reportedly killed at least one person...
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File-This July 31, 2019 file photo shows the Federal Reserve Building in Washington. The Federal Reserve says corporate debt remains at historically high levels but overall the U.S. financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis. (AP Photo/Patrick Semansky, File)
November 15, 2019 - 5:54 pm
WASHINGTON (AP) — The Federal Reserve said Friday that corporate debt remains at historically high levels but overall the U.S. financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis. In its twice-yearly “Financial Stability Report,” the Fed...
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Specialist Dilip Patel, left, and trader Ashley Lara work on the floor of the New York Stock Exchange, Friday, Nov. 15, 2019. Stocks are opening broadly higher on Wall Street as hopes continued to grow that the U.S. and China were moving closer to a deal on trade. (AP Photo/Richard Drew)
November 15, 2019 - 5:40 pm
Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Health care and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth...
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FILE - In this Monday, Oct. 30, 2017, file photo, vehicles crowd Highway 50 in Sacramento, Calif. California is broadening its effort to block the Trump administration from ending its authority to set greenhouse gas emission and fuel economy standards for cars and trucks. It's joined by 23 states and four cities in suing the U.S. Environmental Protection Agency on Friday, Nov. 15, 2019. (AP Photo/Rich Pedroncelli, File)
November 15, 2019 - 4:49 pm
SACRAMENTO, Calif. (AP) — California on Friday broadened its effort to block the Trump administration from ending its authority to set greenhouse gas emission and fuel economy standards for cars and trucks. It was joined by 22 states, the District of Columbia and two cities in suing the U.S...
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FILE - In this July 28, 2015, file photo,a man walks past the Export-Import Bank of the United States, in Washington. The Democratic-controlled House is on track to pass a measure renewing the charter of the Export-Import Bank, a U.S. agency that provides loans and other help to foreign buyers of U.S. exports. (AP Photo/Jacquelyn Martin)
November 15, 2019 - 12:49 pm
WASHINGTON (AP) — The Democratic-controlled House split along party lines Friday to pass a measure renewing the charter of the Export-Import Bank, a U.S. agency that provides loans and other help to foreign buyers of U.S. exports. Just 13 Republicans joined with Democrats to pass the measure, a...
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In this Nov. 6, 2019, photo, people shop at Books & Books, a locally owned business, in the Coconut Grove neighborhood in Miami. On Friday, Nov. 15, the Commerce Department releases U.S. retail sales data for October. (AP Photo/Lynne Sladky)
November 15, 2019 - 11:04 am
WASHINGTON (AP) — Americans stepped up their shopping last month, spending more online and buying more cars, evidence that consumers can still drive the economy’s growth. Still, the details of the report were weaker than expected, economists said, and several analysts reduced their forecasts for...
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November 15, 2019 - 8:12 am
WARSAW, Poland (AP) — Poland's state gas company said Friday it will stop importing natural gas from Russia’s Gazprom when a long-term contract expires in three years, unless it can secure better commercial terms. The announcement comes as Poland has been working to reduce its dependence on Russian...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Friday, Nov. 15, 2019. Shares are higher in Asia after U.S. officials said China and the U.S. were getting close to an agreement to cool tensions over trade.(AP Photo/Koji Sasahara)
November 15, 2019 - 7:38 am
BANGKOK (AP) — Shares mostly rose on Friday after U.S. governments officials said they were getting close to an agreement with China to cool tensions over trade. Germany’s DAX rose 0.2% to 13,208, and France’s CAC 40 gained 0.4% to 5,922. Futures for the Dow Jones Industrial Average and the S&P...
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