Economy

Trader Sal Suarino works on the floor of the New York Stock Exchange, Wednesday, Dec. 11, 2019. Stocks are opening mixed on Wall Street following news reports that US President Donald Trump might delay a tariff hike on Chinese goods set to go into effect this weekend. (AP Photo/Richard Drew)
December 11, 2019 - 8:57 pm
TOKYO (AP) — Asian shares were mixed Thursday, after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 23,433.83, while Australia's S&P/ASX 200 lost 0.7% to 6,706.90...
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Victor Duran, a co-manager of a sports apparel store at the Southcenter mall, south of Seattle, poses for a photo at the store, Wednesday, Dec. 11, 2019, in Tukwila, Wash. Duran, 23, said he makes about $52,000 a year and doesn't get overtime, but is required to work at least 45 hours per week, and up to 60 during the holidays. Duran is one employee who could benefit from new overtime rules in Washington state, which will allow hundreds of thousands of workers who have been exempt to begin collecting when they work more than 40 hours per week. (AP Photo/Elaine Thompson)
December 11, 2019 - 5:08 pm
SEATTLE (AP) — Washington state is adopting some of the nation's most aggressive overtime rules, restoring protections for hundreds of thousands of salaried workers and taking what supporters say is a crucial step toward rebuilding the middle class. The Department of Labor and Industries finalized...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 4:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
KNSS News
December 11, 2019 - 2:48 pm
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year. The Fed's decision follows three rate cuts earlier this year. It reflects its view that the U.S. economy has so far withstood the U.S.-...
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European Commission President Ursula von der Leyen gives a press statement on the European Green Deal at the European Commission headquarters in Brussels, Wednesday, Dec. 11, 2019. In her bid to lead the EU toward climate neutrality, European Commission president Ursula von der Leyen wants to put up 100 billion euros (dollars 130 billion U.S.) to help member countries that still heavily rely on fossil fuels transition to lower emissions. (AP Photo/Francisco Seco)
December 11, 2019 - 1:03 pm
To get everyone on board with her plan to combat global warming, European Commission President Ursula von der Leyen wants to put up 100 billion euros ($130 billion) to help EU nations that still heavily rely on fossil fuels transition to lower emissions. Von der Leyen, who took office this month at...
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House Speaker Nancy Pelosi of Calif., accompanied by Chairman of the House Ways and Means Committee Richard Neal, D-Mass., left, and other House members, speaks at a news conference to discuss the United States Mexico Canada Agreement (USMCA) trade agreement, Tuesday, Dec. 10, 2019, on Capitol Hill in Washington. (AP Photo/Andrew Harnik)
December 11, 2019 - 12:19 pm
WASHINGTON (AP) — The Senate's top Republican issued a downbeat assessment of talks on a government spending bill Wednesday, warning that it will require a “laser focus from both parties and both chambers" to meet next week's deadline and avert a federal shutdown. Across the Capitol, House Speaker...
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In this Wednesday, March 27, 2019 photo, author Shoshana Zuboff speaks to a reporter in her home in Maine. Zuboff is the author of "The Age of Surveillance Capitalism," a book about how tech companies collect and use personal data. (AP Photo/Robert F. Bukaty)
December 11, 2019 - 11:20 am
A year ago, Shoshana Zuboff dropped an intellectual bomb on the technology industry. She hasn’t stood still since. In a 700-page book, the Harvard scholar skewered tech giants like Facebook and Google with a damning phrase: “surveillance capitalism.” The unflattering term evokes how these companies...
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December 11, 2019 - 6:35 am
ANKARA, Turkey (AP) — Turkey could use its military forces to halt any exploratory gas drilling in waters off Cyprus that it claims as its own, Turkey's foreign minister warned Wednesday. Foreign Minister Mevlut Cavusoglu told the pro-government A Haber news channel that Turkey “has the right to...
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December 11, 2019 - 6:32 am
COPENHAGEN, Denmark (AP) — Danish media are reporting that the Chinese government threatened to cancel a trade deal with the tiny Faeroe Islands if the country does not agree to use internet networks supplied by Chinese tech company Huawei. Huawei is at the center of a global cybersecurity debate,...
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FILE - In this Nov. 25, 2019, file photo Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn. On Wednesday, Dec. 11, the Federal Reserve issues a statement and economic projections, followed by a news conference with Powell. (AP Photo/Steven Senne)
December 11, 2019 - 5:19 am
WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut...
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