Economy

Chinese investors use computer terminals to monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 20, 2019 - 4:42 am
BANGKOK (AP) — Shares were mostly lower in Europe early Wednesday ahead of the Federal Reserve's policy statement, after a lackluster day of trading in Asia. Germany's DAX sank 0.8 percent to 11,695.08 and the CAC 40 in France gave up 0.1 percent to 5,418.15. Britain's FTSE 100 slipped less than 0...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 12:22 am
WASHINGTON (AP) — The Federal Reserve is expected to end its latest policy meeting Wednesday by refining its new overarching message that it plans to be "patient" about any further interest rate hikes. The Fed is all but sure to keep its key short-term rate in a range of 2.25 percent to 2.5 percent...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 20, 2019 - 12:11 am
BANGKOK (AP) — Markets in Asia are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-U.S. trade talks also revived caution in Chinese markets. The Shanghai Composite lost 1 percent to 3,059.17 in early trading Wednesday and Hong Kong's Hang Seng...
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President Donald Trump and visiting Brazilian President Jair Bolsonaro shake hands as they conclude a news conference on the Rose Garden of the White House, Tuesday, March 19, 2019, in Washington. (AP Photo/Manuel Balce Ceneta)
March 19, 2019 - 8:28 pm
WASHINGTON (AP) — President Donald Trump welcomed Brazil's new far-right leader to the White House Tuesday and made clear that flattery pays. Brazilian President Jair Bolsonaro — the "Trump of the Tropics"— ran an unabashedly pro-Trump, pro-American campaign last year, emulating Trump in tone and...
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March 19, 2019 - 7:54 pm
PHOENIX (AP) — Mexico's new ambassador to the U.S. emphasized close ties between the two countries during a stop in Phoenix Tuesday as she and Gov. Doug Ducey urged American lawmakers to approve the proposed United States-Mexico-Canada trade agreement. "The U.S. of today cannot be explained without...
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FILE- In this July 17, 2018, file photo, a FedEx employee delivers packages in Miami. FedEx reports financial results on Tuesday, March 19, 2019. (AP Photo/Lynne Sladky, File)
March 19, 2019 - 7:53 pm
MEMPHIS, Tenn. (AP) — FedEx Corp. reported lower profit Tuesday as its ground-shipping unit struggled with higher costs, and the company cut its forecast of full-year earnings. Its shares fell more than 5 percent in after-hours trading. "Our third quarter financial results were below our...
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FILE- In this April 10, 2018, file photo Facebook CEO Mark Zuckerberg adjusts his tie as he arrives to testify before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington. Earlier this month Zuckerberg announced a new “privacy-focused vision” for the company to focus on messaging instead of more public sharing, but he stayed mum on overhauling Facebook’s privacy practices in its core business. (AP Photo/Carolyn Kaster, File)
March 19, 2019 - 5:47 pm
SAN FRANCISCO (AP) — Facebook will overhaul its ad-targeting systems to prevent discrimination in housing , credit and employment ads as part of a legal settlement. For the social network, that's one major legal problem down, several to go, including government investigations in the U.S. and Europe...
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FILE- In this Feb. 21, 2019, file photo White House economic adviser Larry Kudlow, left, Treasury Secretary Steve Mnuchin, and U.S. Trade Representative Robert Lighthizer, attend a meeting of senior U.S. and Chinese officials to resume trade negotiations in Washington. Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official says. Mnuchin and Lighthizer will lead the delegation, Trump administration officials say. (AP Photo/Jacquelyn Martin, File)
March 19, 2019 - 5:03 pm
WASHINGTON (AP) — Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official said Tuesday. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will lead the delegation, Trump administration officials...
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March 19, 2019 - 4:39 pm
WASHINGTON (AP) — This year's Economic Report of the President credits an unusual group of interns that includes the alter egos of Batman, Spider-Man and Captain America, Monty Python alumnus John Cleese, Kathryn Janeway from "Star Trek: Voyager" and the corpulent Star Wars villain Jabba the Hutt...
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FILE - In this Wednesday, May 16, 2012, file photo, former Boston Red Sox pitcher Curt Schilling, center, is followed by members of the media as he departs the Rhode Island Economic Development Corporation headquarters, in Providence, R.I. Wells Fargo Securities has agreed to pay an $800,000 civil penalty to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island's failed $75 million deal with Schilling's 38 Studios video game company. Wells Fargo and the SEC announced the proposed settlement in filings with the U.S. District Court in Providence on Monday, March 18,2019. A federal judge must approve it. (AP Photo/Steven Senne, File)
March 19, 2019 - 10:58 am
PROVIDENCE, R.I. (AP) — Wells Fargo Securities has agreed to pay an $800,000 civil penalty to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island's failed $75 million deal with former Boston Red Sox pitcher Curt Schilling's video game company. Wells Fargo and the SEC...
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