Economy

Speaker of the House Nancy Pelosi, D-Calif., addresses the NAACP convention, Monday, July 22, 2019, in Detroit. (AP Photo/Carlos Osorio)
July 23, 2019 - 2:16 am
WASHINGTON (AP) — President Donald Trump and congressional leaders announced Monday a critical debt and budget agreement that's an against-the-odds victory for Washington pragmatists seeking to avoid political and economic tumult over the possibility of a government shutdown or first-ever federal...
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President Donald Trump speaks during a meeting with Pakistani Prime Minister Imran Khan in the Oval Office of the White House, Monday, July 22, 2019, in Washington. (AP Photo/Alex Brandon)
July 22, 2019 - 8:18 pm
WASHINGTON (AP) — President Donald Trump met with executives from several of the nation's leading chip and computer part makers Monday and discussed restrictions his administration has imposed on the sale of components to Chinese telecommunications giant Huawei, the White House said. Huawei is...
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President Donald Trump speaks during a meeting with Pakistani Prime Minister Imran Khan in the Oval Office of the White House, Monday, July 22, 2019, in Washington. (AP Photo/Alex Brandon)
July 22, 2019 - 6:21 pm
WASHINGTON (AP) — President Donald Trump claimed Monday he could end the nearly two-decade-old war in Afghanistan in a matter of days but that it would kill millions of people and wipe the country "off the face of the earth." The president made the statement at the White House as he praised...
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Puerto Rican singer Ricky Martin, front atop truck, participates with other local celebrities in a protest demanding the resignation of governor Ricardo Rossello in San Juan, Puerto Rico, Monday, July 22, 2019. Protesters are demanding Rossello step down for his involvement in a private chat in which he used profanities to describe an ex-New York City councilwoman and a federal control board overseeing the island's finance. (AP Photo/Carlos Giusti)
July 22, 2019 - 5:16 pm
SAN JUAN, Puerto Rico (AP) — Waving flags, chanting and banging pots and pans, tens of thousands of Puerto Ricans jammed a highway Monday to demand the resignation of Gov. Ricardo Rosselló in a crisis triggered by a leak of offensive, obscenity-laden chat messages between him and his advisers. The...
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Traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange, Monday, July 22, 2019. U.S. stocks moved higher in early trading Monday on Wall Street as investors snapped up technology stocks. (AP Photo/Richard Drew)
July 22, 2019 - 4:38 pm
NEW YORK (AP) — Tech stocks were the standouts in an otherwise sluggish day of trading on Monday, as investors gear up for the arrival of the heart of earnings reporting season. Apple, Intel and several chip makers jumped more than 2%, and technology stocks in the S&P 500 climbed 1.2%. But the...
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Conservative Party leadership contender Boris Johnson, centre right, leaves his office in Westminster area of London, Monday July 22, 2019. Voting closes Monday in the ballot to elect Britain's next prime minister, from the two contenders Jeremy Hunt and Boris Johnson, as critics of likely winner Boris Johnson condemned his vow to take Britain out of the European Union with or without a Brexit deal.(Yui Mok/PA via AP)
July 22, 2019 - 12:42 pm
LONDON (AP) — Voting closed Monday in the two-man contest to become Britain's next prime minister, as critics of likely winner Boris Johnson condemned his vow to take the U.K. out of the European Union with or without a divorce deal. Members of the governing Conservative Party had until 5 p.m. (...
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July 22, 2019 - 11:54 am
WASHINGTON (AP) — The Trump administration is penalizing a Chinese company and its top executive for violating U.S. restrictions on dealing with Iran. Secretary of State Mike Pompeo says the U.S. is imposing sanctions on Zhuhai Zhenrong (ZHOO-hi ZHEN-wrong) Limited and its chief executive for...
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In this Tuesday, Dec. 11, 2018 photo the European Central Bank (ECB) sits next to the river Main in Frankfurt, Germany. The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe get ready to rev up stimulus in order to support the long-running recovery from the Great Recession. (AP Photo/Michael Probst)
July 22, 2019 - 11:01 am
FRANKFURT, Germany (AP) — The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit. The ECB, which...
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A special gong is prepared for the launch of the SSE STAR Market in the hall of Shanghai Securities Exchange in Shanghai, China, Monday, July 22, 2019. Trading started Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Chinatopix via AP)
July 22, 2019 - 7:51 am
TOKYO (AP) — Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran's seizure of a British oil tanker on Friday. The price of oil rose 1.3% as the British government is due to chair an emergency meeting to discuss possible...
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A special gong is prepared for the launch of the SSE STAR Market in the hall of Shanghai Securities Exchange in Shanghai, China, Monday, July 22, 2019. Trading started Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Chinatopix via AP)
July 22, 2019 - 1:29 am
TOKYO (AP) — Asian shares were mostly lower Monday, tracking losses on Wall Street, though a newly launched technology stocks market in Shanghai soared with its trading debut. Prices of the 25 companies listed on the Shanghai Stock Exchange's STAR Market more than doubled, with one company, Anji...
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