Economy

In this photo released by Greek Prime Minister's office, Greek Prime Minister Alexis Tsipras delivers a speech from the western Greek island of Ithaca, legendary home of the ancient mariner Odysseus, hero of Homer's Odyssey epic, on Tuesday, Aug. 21, 2018. Speaking to local officials on the island, Tsipras compared Greece's bailout travails with those of Odysseus. Greece remains shackled to the austerity demands of its former creditors even though it officially entered its post-bailout era Tuesday. (Andrea Bonetti /Greek Prime Minister's Office via AP)
August 21, 2018 - 7:00 am
ATHENS, Greece (AP) — Greece's eight-year bailout ordeal will forever be bookended by two of the country's iconic islands. In choosing the western island of Ithaca to declare the end of the bailout era Tuesday, Greek Prime Minister Alexis Tsipras harked back to one of the country's legendary heroes...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Aug. 21, 2018, in Tokyo. Asian shares are mixed amid doubts on the prospects for resolving the trade dispute between the U.S. and China. (AP Photo/Eugene Hoshiko)
August 21, 2018 - 5:16 am
TOKYO (AP) — Global shares were mostly higher in subdued trading Tuesday, tracking gains in Asia despite doubts over the prospects for resolving the trade dispute between the U.S. and China. KEEPING SCORE: France's CAC 40 climbed 0.5 percent to 5,406.69 and Germany's DAX added 0.5 percent at 12,388...
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FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Aug. 20, 2018. (AP Photo/Mark Lennihan, File)
August 20, 2018 - 10:59 pm
TOKYO (AP) — Asian shares were mixed Tuesday amid doubts on the prospects for resolving the trade dispute between the U.S. and China. KEEPING SCORE: Japan's benchmark Nikkei 225 slipped nearly 0.2 percent in morning trading to 22,158.35, while Australia's S&P/ASX 200 lost 0.9 percent to 6,290...
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A man falls asleep while sitting on a bench, in Caracas, Venezuela, Monday, Aug. 20, 2018. Venezuelans are bracing for dramatic economic measures the government has announced, including a more-than-3,000 percent hike in the minimum wage. The changes start to take effect Monday with introduction of a new currency that lops five zeros off the country's fast-depreciating bills. (AP Photo/Ariana Cubillos)
August 20, 2018 - 5:25 pm
CARACAS, Venezuela (AP) — Saul Jimenez just wanted to buy bread from his neighborhood bakery in Venezuela's capital on Monday. It did not go well. Banks and most other businesses were closed for the day as Venezuela launched a series of dramatic economic reforms, beginning with the release of a...
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People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, Aug. 20, 2018. Asian stocks are mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. (AP Photo/Vincent Yu)
August 20, 2018 - 8:41 am
TOKYO (AP) — Global stocks mostly rose Monday amid signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. KEEPING SCORE: France's CAC 40 edged up nearly 0.6 percent to 5,378 while Germany's...
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Steve Bannon, President Donald Trump's former chief strategist, talks about the approaching midterm election during an interview with The Associated Press, Sunday, Aug. 19, 2018, in Washington. Bannon told the Associated Press that if the elections were held today, he believed the GOP would lose 35 to 40 seats and the House of Representatives, but argued there was time to turn that around. (AP Photo/J. Scott Applewhite)
August 20, 2018 - 4:27 am
WASHINGTON (AP) — Steve Bannon has a dire warning for Republicans — rally around President Donald Trump. During a Sunday interview with The Associated Press, the former chief strategist to Trump said he believes the GOP would lose 35 to 40 seats in the House if the election were held today, thereby...
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August 20, 2018 - 12:23 am
WASHINGTON (AP) — U.S. business economists are concerned about the risks of some of President Donald Trump's economic policies, saying they fear his tariffs and higher budget deficits could eventually slow the economy. More than 90 percent of economists surveyed by the National Association for...
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FILE- In this April 23, 2018, file photo a car is filled with gasoline at a station in Windham, N.H. Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs. (AP Photo/Charles Krupa, File)
August 20, 2018 - 12:13 am
WASHINGTON (AP) — Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs. The position was outlined in a memo...
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People watch a televised address of Pakistan's newly elected Prime Minister Imran Khan at an electronic shop in Karachi, Pakistan, Sunday, Aug. 19, 2018. Pakistan's newly elected prime minister Imran Khan Sunday said the country was in its worst economic condition and pledged to improve it by adopting austerity to cut government expenditure, introducing progressive taxation, end corruption and bringing back from abroad the plundered public money. (AP Photo/Fareed Khan)
August 19, 2018 - 8:39 pm
ISLAMABAD (AP) — Prime Minister Imran Khan said in his first televised speech in office that Pakistan is in the worst economic condition it has seen and pledged to cut government spending, end corruption and repatriate public funds. A day after he was sworn in, Khan promised reforms across all...
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A butcher pushes beef ribs to sell at Las Pulgas market in Maracaibo, Venezuela, Sunday, Aug. 19, 2018. Venezuelans are bracing for a 3,000 percent hike in the minimum wage on Monday, leaving one butcher contemplating firing some of his six employees just to stay in business, and the introduction of a new currency that lops five zeros off the country’s fast-depreciating bills. (AP Photo/Fernando Llano)
August 19, 2018 - 3:20 pm
CARACAS, Venezuela (AP) — Residents across Venezuela's capital spent a nervous weekend bracing for dramatic measures that President Nicolas Maduro has announced to rescue a downward-spiraling economy, including a more-than-3,000 percent hike in the minimum wage. The changes start to kick in Monday...
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