Economy

FILE - In this Feb. 26, 2011 file photo, a Libyan oil worker, works at a refinery inside the Brega oil complex, in Brega, eastern Libya. ON Saturday, Jan. 18, 2020, the National Oil Corporation in Libya says that a decision by east-based forces to choke off oil exports from its territory has threatened to throttle much of the country’s oil production. Powerful tribal groups loyal to Gen. Khalifa Hifter, whose forces control much of eastern Libya, seized several large export terminals along the eastern coast as well as southern oil fields in a challenge to the rival U.N.-backed government based in Tripoli, which collects revenues from oil production. The move has ratcheted up tensions ahead of an international peace summit to end the civil war. (AP Photo/Hussein Malla, File)
January 18, 2020 - 2:58 pm
BENGHAZI, Libya (AP) — A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production, the national oil corporation said Saturday, escalating tensions ahead of an international peace summit to end the civil war. Powerful...
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January 17, 2020 - 12:34 pm
HARARE, Zimbabwe (AP) — Zimbabwe police on Friday raided the offices of the country’s main opposition party, and a spokesman says the officers were looking for machetes. Police officers blocked roads leading to the Movement for Democratic Change party in the capital, Harare and, armed with a search...
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FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
January 17, 2020 - 12:34 pm
Major U.S. stock indexes edged higher in afternoon trading Friday as solid earnings from banks helped extend momentum from the previous day's rally. State Street and Citizens Financial were among the latest banks to report encouraging results in a week of solid reports from larger financial...
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FILE - In this Nov. 6, 2019, file photo, a sign advertises job opportunities at Harry's Pizzeria in the Coconut Grove neighborhood in Miami. On Friday, Jan. 17, 2020, the Labor Department reports on job openings and labor turnover for November. (AP Photo/Lynne Sladky, File)
January 17, 2020 - 10:31 am
WASHINGTON (AP) — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level. The Labor Department reported Friday that the job openings number for November was down by 561,000 from the October level of 7.36 million. Some economists took...
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In this Jan. 3, 2020, photo, workers make sneakers in a factory in Jinjiang city in southeastern China's Fujian province. China’s economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data Friday, Jan. 17, showed growth was down from 2018’s 6.6%, already the lowest since 1990. Economic growth in the three months ending in December held steady at the previous quarter’s level of 6%. (Chinatopix Via AP)
January 17, 2020 - 10:27 am
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. The world’s second-largest economy grew by 6.1%, down from 2018’s 6.6%,...
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Cuba's President Miguel Diaz-Canel, left, attends a meeting in an art school during a tour in Las Tunas, Cuba, Thursday, Jan. 16, 2020. (AP Photo/Ismael Francisco)
January 17, 2020 - 9:34 am
LAS TUNAS, Cuba (AP) — Cuban President Miguel Díaz-Canel said he does not believe the Trump administration would drop sanctions on the island in exchange for concessions from his government. The Trump administration says it has been tightening sanctions on Cuba in recent months in order to starve...
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FILE - In this Oct. 2, 2019, file photo, a carpenter works on a construction site in North Andover, Mass. On Friday, Jan. 17, 2020, the Commerce Department reports on U.S. home construction in December. (AP Photo/Elise Amendola, File)
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January 17, 2020 - 7:34 am
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry. The Commerce Department reported Friday that builders started construction on...
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In this picture released by the official website of the office of the Iranian supreme leader, worshippers chant slogans during Friday prayers ceremony, as a banner show Iranian Revolutionary Guard Gen. Qassem Soleimani, left, and Iraqi Shiite senior militia commander Abu Mahdi al-Muhandis, who were killed in Iraq in a U.S. drone attack on Jan. 3, and a banner which reads in Persian: "Death To America, "at Imam Khomeini Grand Mosque in Tehran, Iran, Friday, Jan. 17, 2020. Iran's supreme leader said in his sermons President Donald Trump is a "clown" who only pretends to support the Iranian people but will "push a poisonous dagger" into their backs, as he struck a defiant tone in his first Friday sermon in Tehran in eight years. (Office of the Iranian Supreme Leader via AP)
January 17, 2020 - 6:50 am
DUBAI, United Arab Emirates (AP) — Iran's supreme leader says his nation is living through “days of God.” The Islamic Republic has been reeling from one crisis to another, from the targeted killing by the United States of its top general to the Revolutionary Guard's accidental shootdown of a...
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January 17, 2020 - 6:41 am
LONDON (AP) — Will the real Robert Shapiro please take the microphone? BBC radio presenter Evan Davis was left in an embarrassing situation Thursday while introducing a segment on a proposal to allow cameras to record sentencing remarks in U.K. courts. During a live telephone interview on "PM," an...
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Myanmar's leader Aung San Suu Kyi, right, shakes hands with Chinese President Xi Jinping during their meeting at the Presidential Palace in Naypyitaw, Myanmar, Friday, Jan. 17, 2020. (AP Photo/Aung Shine Oo)
January 17, 2020 - 5:44 am
NAYPYITAW, Myanmar (AP) — China's President Xi Jinping was given a lavish welcome to Myanmar as he arrived Friday for a state visit meant to deepen bilateral relations at a critical time. The visit nominally marks the 70th anniversary of the establishment of diplomatic relations between China and...
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