Economy

FILE - In this May 17, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 23. (AP Photo/Richard Drew, File)
May 23, 2019 - 8:47 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are falling at the open on Wall Street as investors worry about an apparent stalemate in trade talks between the U.S. and China. A spokesman for China's Foreign Ministry said Thursday that China is...
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India's ruling Bharatiya Janata Party (BJP) President Amit Shah is showered with flower petals as he arrives at the party office in new Delhi, India, Thursday, May 23, 2019. Indian Prime Minister Narendra Modi's party claimed it had won reelection with a commanding lead in Thursday's vote count, while the stock market soared in anticipation of another five-year term for the pro-business Hindu nationalist leader. (AP Photo/Manish Swarup)
May 23, 2019 - 8:43 am
NEW DELHI (AP) — Indian Prime Minister Narendra Modi's Hindu nationalist party claimed it won reelection with a commanding lead in Thursday's vote count, while the head of the main opposition party conceded a personal defeat that signaled the end of an era for modern India's main political dynasty...
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FILE - In this Saturday, April 27, 2019, file photo, Chinese President Xi Jinping waves as he leaves after a news conference on the outskirts of Beijing. Fuming over Washington’s latest tariff hike in an escalating trade battle, Beijing has an array of options for retaliating, from limiting exports of rare earths to disrupting operations of Apple and other American companies in China. But they carry economic and political costs. And there is no guarantee they will work. (AP Photo/Mark Schiefelbein, File)
May 23, 2019 - 6:55 am
BEIJING (AP) — China held the door open to resuming talks in the tariff war with Washington on Thursday, but lashed out at limits on access to key technologies that it said might hurt global supply chains. Foreign Ministry spokesman Lu Kang said China hopes to restart the talks that broke down...
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Bharatiya Janata Party (BJP) workers celebrate outside BJP headquarters in Mumbai, India, Thursday, May 23, 2019. Indian Prime Minister Narendra Modi and his party were off to an early lead as vote counting began Thursday following the conclusion of the country's 6-week-long general election, sending the stock market soaring in anticipation of another five-year term for the Hindu nationalist leader. (AP Photo/Rafiq Maqbool)
May 23, 2019 - 5:38 am
NEW DELHI (AP) — Indian Prime Minister Narendra Modi's party claimed it had won reelection with a commanding lead in Thursday's vote count, while the stock market soared in anticipation of another five-year term for the pro-business Hindu nationalist leader. Election Commission data by midafternoon...
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In this May 14, 2019, photo, a man walks past an electric board displaying stock prices at a brokerage house in Beijing. Asian markets were broadly lower on Thursday, May 23, 2019 as traders focused on tensions between the U.S. and China and braced for impact. (AP Photo/Andy Wong)
May 23, 2019 - 1:44 am
SINGAPORE (AP) — Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 1.2% to 2,858.21 and Hong Kong's Hang Seng tumbled 1.6% to 27,264.42. The Kospi in South...
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FILE - In this Feb. 17, 2015, file photo, ice covered Lake Michigan is seen behind downtown skyline, in Chicago. Big cities, like Chicago, aren't growing like they used to. New figures released by the U.S. Census Bureau on Thursday, May 23, 2019, show most of the nation's largest cities last year grew by a fraction of the numbers they did earlier this decade. (AP Photo/Kiichiro Sato, File)
May 22, 2019 - 11:16 pm
ORLANDO, Fla. (AP) — Big cities in the U.S. aren't growing like they used to. Most of the nation's largest cities last year grew by a fraction of the numbers they did earlier in the decade, according to population and housing unit estimates released Thursday by the U.S. Census Bureau. The previous...
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In this May 14, 2019, photo, a man walks past an electric board displaying stock prices at a brokerage house in Beijing. Asian markets were broadly lower on Thursday, May 23, 2019 as traders focused on tensions between the U.S. and China and braced for impact. (AP Photo/Andy Wong)
May 22, 2019 - 10:35 pm
SINGAPORE (AP) — Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South...
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May 22, 2019 - 2:56 pm
UNITED NATIONS (AP) — A key architect of the long-awaited U.S. plan for Israeli-Palestinian peace warned Wednesday that "nothing can be meaningfully fixed" until Gaza's Hamas rulers and Palestinian Islamic Jihad renounce their vows to destroy Israel and stop carrying out violent acts. In a wide-...
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FILE - In this May 1, 2019 file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, in Washington. Federal Reserve officials at their recent meeting believed the central bank could remain “patient” in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed. In minutes of the April 30-May 1 discussions, Fed officials note that prospects for the U.S. and global economy had been improving, while inflation had fallen farther below the Fed’s 2% target. (AP Photo/Patrick Semansky, File)
May 22, 2019 - 1:22 pm
WASHINGTON (AP) — Federal Reserve officials at their recent meeting believed the central bank could remain "patient" in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed. In minutes of the April 30-May 1 discussions released Wednesday, Fed...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. An aggressive campaign at Target to let customers do more online is paying off. The retailer on Wednesday, May 22, 2019, exceeded first quarter expectations on just about every level, saying the same day services it's rolled out in recent years drove more than 25 percent of comparable sales growth. (AP Photo/Gene J. Puskar, File)
May 22, 2019 - 9:32 am
NEW YORK (AP) — An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including picking up online orders at the store, drove more than 25% of...
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