Economy

Steve Bannon, President Donald Trump's former chief strategist, talks about the approaching midterm election during an interview with The Associated Press, Sunday, Aug. 19, 2018, in Washington. Bannon told the Associated Press that if the elections were held today, he believed the GOP would lose 35 to 40 seats and the House of Representatives, but argued there was time to turn that around. (AP Photo/J. Scott Applewhite)
August 19, 2018 - 7:14 pm
WASHINGTON (AP) — Steve Bannon has a dire warning for Republicans. During a Sunday interview with The Associated Press, the former chief strategist to President Donald Trump said he believes the GOP would lose 35 to 40 seats in the House if the election were held today, thereby ceding their...
Read More
People line up to buy cheese at a market in Caracas, Venezuela, Saturday, Aug. 18, 2018. Venezuelan President Nicolas Maduro raised wages for the fifth time this year while saying he's looking to establish a single exchange rate tied to the nation's fledgling cryptocurrency. (AP Photo/Ariana Cubillos)
August 19, 2018 - 1:00 pm
CARACAS, Venezuela (AP) — Venezuelans are bracing for dramatic economic measures the government has announced, including a 3,000 percent hike in the minimum wage. The changes start to take effect Monday with introduction of a new currency that lops five zeros off the country's fast-depreciating...
Read More
FILE- In this April 23, 2018, file photo a car is filled with gasoline at a station in Windham, N.H. Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs. (AP Photo/Charles Krupa, File)
August 19, 2018 - 12:00 pm
WASHINGTON (AP) — Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs. The position was outlined in a memo...
Read More
FILE - In this file photo taken on Sunday, Oct. 11, 2015, Belarusian President Alexander Lukashenko speaks to media at a polling station after voting during the presidential election in Minsk, Belarus. Alexander Lukashenko has appointed a new prime minister Saturday Aug. 18, 2018, and carried out a significant reshuffling of the government. (AP Photo/Sergei Grits, FILE)
August 19, 2018 - 7:56 am
MINSK, Belarus (AP) — Belarusian President Alexander Lukashenko has fired his Cabinet, emphasizing the need to strengthen the economy to preserve the nation's post-Soviet independence. Lukashenko said he fired Prime Minister Andrei Kobyakov's Cabinet for failing to execute his orders and for paying...
Read More
August 19, 2018 - 5:39 am
LONDON (AP) — The co-founder of the fashion brand Superdry said Sunday he has donated 1 million pounds ($1.28 million) to a group seeking a new referendum on Britain's departure from the European Union, as the U.K. government prepares to publish its assessment of the impact of leaving the bloc...
Read More
Turkey's President Recep Tayyip Erdogan throws flowers to his supporters as he arrives to deliver a speech at his ruling Justice and Development Party (AKP) congress in Ankara, Turkey, Saturday, Aug. 18, 2018. (AP Photo/Burhan Ozbilici)
August 18, 2018 - 6:05 am
ISTANBUL (AP) — Turkey's president has said his country will stand strong against an "attempted economic coup" amid heightened tensions with the U.S. Recep Tayyip Erdogan on Saturday told thousands of supporters in Ankara that the country was being "threatened by the economy, sanctions, foreign...
Read More
August 17, 2018 - 9:46 pm
CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro raised wages for the fifth time this year and said he wanted to peg prices to the nation's fledgling cryptocurrency as part of a package of measures that economists say is likely to accelerate hyperinflation. Maduro made the announcement...
Read More
People walk past a currency exchange shop in Istanbul, Friday, Aug. 17, 2018. Turkey's lira currency fell once again, as Turkey and the United States exchanged new threats of sanctions Friday, keeping alive a diplomatic and financial crisis. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 5:58 pm
ANKARA, Turkey (AP) — A detained American pastor has become a symbol of a growing rift between Turkey and the United States, but problems in the Cold War-era alliance as well as Turkey's own financial crisis are unlikely to dissipate even if he is released and Washington eases economic penalties...
Read More
FILE - In this Jan. 23, 2018 file photo, Venezuelan citizens stand in a line outside of Foreign Ministry office in Lima, Peru. Peru announced on Friday, Aug. 17, that all Venezuelan citizens that want to travel to Peru will need a passport to do so. (AP Photo/Martin Mejia, File)
August 17, 2018 - 5:24 pm
LIMA, Peru (AP) — Two South American nations are stiffening entry requirements for the flood of Venezuelans fleeing their nation's economic and humanitarian crisis, a move that could make their plight even more arduous. Authorities in Peru announced Friday that they will follow Ecuador's recent...
Read More
FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 17, 2018 - 5:07 pm
Elon Musk's erratic behavior was front and center again this week as the CEO of Tesla conceded that he's overwhelmed by job stress, pushing his electric car company's stock down and bringing pressure on its board to take action. Musk's revelation, in a Thursday interview with The New York Times,...
Read More

Pages