Economy

Debra Hearn from Penn Hills, Pa., and her sister Renee Bell, from Stanton Heights, Pa., walk to their car after a morning of shopping at Tanger Outlets in Washington, Pa., Friday, Nov. 27, 2020. The two started their traditional after Thanksgiving shopping trip at 5 a.m. (Pam Panchak/Post-Gazette via AP)
November 27, 2020 - 11:56 pm
SEOUL, South Korea — South Korea has reported more than 500 new coronavirus cases for the third straight day, the speed of viral spread unseen since the worst wave of the outbreak in spring. The 504 cases reported by the Korea Disease Control and Prevention on Saturday brought the national caseload...
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Black Friday shoppers wear face masks as the leave Saks Fifth Avenue flagships store empty handed, Friday, Nov. 27, 2020, in New York. (AP Photo/Mary Altaffer)
KNSS News
November 27, 2020 - 5:56 pm
NEW YORK (AP) — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into bankruptcy. In normal times, Black...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 27, 2020. Asian stock markets declined Friday as questions about the effectiveness of one possible coronavirus vaccine weighed on investor optimism. (AP Photo/Ahn Young-joon)
November 27, 2020 - 12:53 pm
NEW YORK (AP) — The S&P 500 rose to a record high Friday as investors continue to look forward to the distribution of a COVID-19 vaccine and relief for the global economy. The benchmark index rose 8 points, or 0.2%, led by gains in technology companies, and closed at an all-time high of 3,638...
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Women sow potatoes in a field in Pisac, in southern rural Peru, Friday, Oct. 30, 2020. Small farmers in Peru provide a majority of the food that ends up on the South American nation's dinner tables. But a severe economic contraction has left many peasants bankrupt and uncertain about whether they will be able to keep growing crops. (AP Photo/Martin Mejia)
November 27, 2020 - 11:06 am
PISAC, Peru (AP) — Under a punishing Andean sun, Nazario Quispe digs his plow into the soil where he is growing dozens of different potato varieties — uncertain when he will be able to afford the seeds and supplies to sow them again. Farmers like Quispe are responsible for the food that lands on 70...
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FILE - In this Nov. 15, 2020, file photo provided by the North Korean government, North Korean leader Kim Jong Un attends a meeting of the ruling Workers' Party Politburo in Pyongyang, North Korea. Kim ordered at least two people executed, banned fishing at sea and locked down capital Pyongyang as part of frantic efforts to guard against the coronavirus and its economic damage, South Korea’s spy agency told lawmakers Friday, Nov. 27, 2020.(Korean Central News Agency/Korea News Service via AP, File)
November 27, 2020 - 9:00 am
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has ordered at least two people executed, banned fishing at sea and locked down the capital, Pyongyang, as part of frantic efforts to guard against the coronavirus and its economic damage, South Korea’s spy agency told lawmakers Friday. Kim'...
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A staff member wearing a face mask stands near a display of Australian wines at the China International Import Expo in Shanghai, Thursday, Nov. 5, 2020. Chinese leaders are conducting an import fair under intensive anti-coronavirus controls in their latest effort to revive the world's No. 2 economy while the United States and Europe struggle with a renewed surge of infections. (AP Photo/Mark Schiefelbein)
November 27, 2020 - 8:54 am
BEIJING (AP) — China on Friday added wine to the growing list of Australian goods barred from its markets in a trade war against Australia over disputes including its support for a probe into the origin of the coronavirus. The Ministry of Commerce imposed import taxes of up to 212.1%, effective...
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Brompton folding bicycles are assembled by hand at the Brompton factory in west London, Tuesday, Nov. 24, 2020. The team at Brompton Bicycles company thought they were prepared for Britain's Brexit split with Europe, but they face uncertainty about supplies and unexpected new competition from China, all amid a global COVID pandemic.(AP Photo/Matt Dunham)
November 27, 2020 - 8:30 am
LONDON (AP) — The team at Brompton Bicycle Ltd. thought they were prepared for Brexit. Bosses at the British firm, which exports hand-made folding bikes to 47 countries, looked at the uncertainty swirling around the U.K.’s decision to leave the European Union and started stockpiling parts. Yet with...
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European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier leaves the Conference Centre in London, Thursday, Nov. 12, 2020. With less than two months to go before the U.K. exits the EU's economic orbit, trade deal talks resume in London. (AP Photo/Frank Augstein)
November 27, 2020 - 4:31 am
BRUSSELS (AP) — The European Union said Friday that another week of talks with Britain on a new trade deal has gone with barely any progress. Its chief negotiator, Michel Barnier, is heading to London for ever-more pressing weekend negotiations to avoid chaos when Britain's trade agreements with...
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In this image made from video, lawmakers fight during a parliament session in Taipei, Taiwan, Friday, Nov. 27, 2020. Taiwan's lawmakers got into a fist fight and threw pig guts at each other Friday over a soon-to-be enacted policy that would allow imports of U.S. pork and beef. A blue banner at right reads: “Protest against ractopamine pork, We want a referendum.” (FTV via AP)
November 27, 2020 - 4:00 am
TAIPEI, Taiwan (AP) — Lawmakers in Taiwan got into a fist fight and threw pig guts at each other Friday over a soon-to-be enacted policy that would allow imports of U.S. pork and beef. Premier Su Tseng-chang was due to give a regularly scheduled policy report to lawmakers on Friday morning about...
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A currency trader talks on the phone near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 26, 2020. Asian shares were mixed Thursday, after Wall Street took a pause from the optimism underlined in a record-setting climb earlier in the week. (AP Photo/Lee Jin-man)
November 26, 2020 - 11:04 am
TOKYO (AP) — Global stock markets were subdued on Thursday after significant gains in recent days and as U.S. trading remained closed for the Thanksgiving holiday. Investors have been in an upbeat mood this week, pushing the Dow above 30,000 for the first time, on news of the development of...
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