Economy

Trader Fred Reimer works on the floor of the New York Stock Exchange, Friday, July 19, 2019. U.S. stocks moved broadly higher in early trading on Wall Street Friday and chipped away at the week's losses. (AP Photo/Richard Drew)
July 19, 2019 - 10:19 am
NEW YORK (AP) — U.S. stocks edged higher in morning trading on Wall Street Friday, chipping away at the week's losses. Markets have been volatile throughout the week as investors assess the latest corporate earnings reports. Financial results have so far been mixed. The S&P 500 closed at a...
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Japan's Foreign Minister Taro Kono meets with South Korean Ambassador to Japan Nam Gwan Pyo, front right, at foreign ministry in Tokyo Friday, July 19, 2019. Japan has summoned South Korea's ambassador to protest Seoul's refusal to join in an arbitration panel to settle a dispute over World War II labor. (Masanobu Kumagai/Kyodo News via AP)
July 19, 2019 - 7:19 am
TOKYO (AP) — Japan's foreign minister on Friday summoned South Korea's ambassador and accused Seoul of violating international law by refusing to join in an arbitration panel to settle a dispute over World War II forced labor. The neighboring countries are quarreling over South Korean court...
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A Chinese man monitors stock prices at a brokerage in Beijing on Friday, July 19, 2019. Asian shares rebounded Friday on hopes for progress in trade talks between China and the U.S., extending overnight gains on Wall Street. (AP Photo/Ng Han Guan)
July 19, 2019 - 4:04 am
BANGKOK (AP) — Shares powered ahead in Europe and Asia on Friday, helped by for progress in trade talks between China and the U.S. and by expectations that the U.S. central bank will cut interest rates soon. Britain's FTSE 100 added 0.6% to 7,538.01 and the CAC 40 in Paris rose 0.8% to 5,593.98. In...
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President Donald Trump calls to the media as he waits to greet Dutch Prime Minister Mark Rutte as he arrives at the White House in Washington, Thursday, July 18, 2019. (AP Photo/Carolyn Kaster)
July 18, 2019 - 10:27 pm
WASHINGTON (AP) — A U.S. warship on Thursday destroyed an Iranian drone in the Strait of Hormuz after it threatened the ship, President Donald Trump said. The incident marked a new escalation of tensions between the countries less than one month after Iran downed an American drone in the same...
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FILE - In this Wednesday, Jan. 31, 2018 file photo, people aboard a boat make way past the Houses of Parliament with Big Ben's clock tower, the Elizabeth Tower covered in scaffolding for repairs in London. British lawmakers on Thursday July 18, 2019, put a substantial roadblock in the path of any attempt by a Brexit-backing prime minister to take the country out of the European Union without a divorce deal. (AP Photo/Matt Dunham, File)
July 18, 2019 - 10:59 am
LONDON (AP) — British lawmakers on Thursday put a substantial roadblock in the path of any attempt by a Brexit-backing prime minister to take the country out of the European Union without a divorce deal. The move came as the U.K.'s official economic watchdog said a no-deal Brexit would trigger a...
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In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 9:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
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South Korean President Moon Jae-in, second from right, shakes hands with Hwang Kyo-ahn, the main opposition Liberty Korea Party chairman, during a meeting with ruling and opposition party leaders to talk about an ongoing South Korea-Japan trade conflict at the presidential Blue House in Seoul, South Korea, Thursday, July 18, 2019. (Bee Jae-man/Yonhap via AP)
July 18, 2019 - 9:22 am
SEOUL, South Korea (AP) — Setting aside their usual bickering, South Korean liberal and conservative parties on Thursday vowed to cooperate to help the Seoul government prevail in an escalating trade row with Japan. After a meeting between the parties' leaders and South Korean President Moon Jae-in...
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An investor walks in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, July 18, 2019. Asian stock markets on Thursday followed Wall Street lower after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. (AP Photo/Vincent Thian)
July 18, 2019 - 6:33 am
BEIJING (AP) — Global stock markets mostly fell on Thursday after U.S. President Donald Trump said he could impose more tariffs on Chinese goods and Japan's exports tumbled. Benchmarks in London, Frankfurt, Shanghai and Tokyo all declined, as did Wall Street futures. Trump alarmed investors by...
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US Treasury Secretary Steve Mnuchin, German Finance Minister Olaf Scholz and Canada's Finance Minister Bill Morneau, from left, walk at the G-7 Finance in Chantilly, north of Paris, on Wednesday, July 17, 2019. The Group of Seven rich democracies' top finance officials gathered Wednesday at a chateau near Paris in search of common ground on the threats posed by digital currencies. (AP Photo/Michel Euler)
July 18, 2019 - 5:52 am
CHANTILLY, France (AP) — The Latest on the G-7 finance ministers' meeting (all times local): 12:50 p.m. U.S. Treasury Secretary Steven Mnuchin says the White House will press ahead with its investigation of France's digital tax, which is aimed at companies like Google and Amazon, as a possible...
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Bank of Korea Gov. Lee Ju-yeol speaks during a press conference in Seoul, South Korea, Thursday, July 18, 2019. South Korea's central bank on Thursday cut its policy rate for the first time in three years to combat a faltering economy that faces further risks from a heated trade dispute with Japan. (AP Photo/Ahn Young-joon)
July 18, 2019 - 2:25 am
SEOUL, South Korea (AP) — South Korea's central bank on Thursday cut its policy rate for the first time in three years to shore up growth threatened by a trade dispute with Japan. The Bank of Korea lowered its key interest rate by a quarter percentage point to 1.50% following a meeting of its...
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