Economy

Men walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, July 10, 2019. Asian shares were mostly higher Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. (AP Photo/Eugene Hoshiko)
July 10, 2019 - 6:45 am
TOKYO (AP) — Global stock markets were steady Wednesday, with investors remaining cautious ahead of a closely watched congressional testimony by the chairman of the U.S. Federal Reserve, Jerome Powell. Traders will be listening closely to the exchanges between Powell and lawmakers on Wednesday and...
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July 10, 2019 - 5:49 am
BEIJING (AP) — China says auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending a year-old contraction that is squeezing automakers as they spend on developing electric cars. An industry group said Wednesday drivers in the global industry's biggest...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, speaks with European Commissioner for Migration and Home Affairs Dimitris Avramopoulos during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 10, 2019 - 4:49 am
BRUSSELS (AP) — The European Union said Wednesday it has trimmed its forecasts for economic growth next year as global trade tensions weigh on the bloc's export-focused manufacturers. The EU executive commission reduced its forecast for next year for both the 19-country eurozone and the 27...
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July 10, 2019 - 2:51 am
BEIJING (AP) — The top U.S. and Chinese trade envoys have spoken by phone in their first contact since Presidents Donald Trump and Xi Jinping agreed to resume stalled talks on ending a tariff war. The Commerce Ministry said Beijing's envoy, Vice Premier Liu He, talked Tuesday with Trade...
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FILE - In this May 1, 2019, file photo traders Peter Mancuso, left, and Robert Arciero work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 9. (AP Photo/Richard Drew, File)
July 09, 2019 - 10:34 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. Japan's benchmark Nikkei 225 edged down nearly 0.2% in morning trading to 21,529.38. Australia's S&P/ASX 200 added 0.5% to 6,700.10...
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Conservative Party leadership candidate Boris Johnson gestures, during a visit to view the construction work for the expansion of Terminal Two at Manchester Airport, in Manchester, England, Tuesday July 9, 2019. (Stefan Rousseau/Pool Photo via AP)
July 09, 2019 - 3:05 pm
LONDON (AP) — The Latest on British politics and Brexit (all times local): 8:30 p.m. The two men vying to be Britain's next leader have traded verbal blows during a televised debate over which of them is more likely to deliver a successful exit from the European Union. Conservative Party...
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In this undated 1992 photo, businessman and U.S. presidential candidate H. Ross Perot, of Texas, waves. Perot, the Texas billionaire who twice ran for president, has died, a family spokesperson said Tuesday, July 9, 2019. He was 89. (AP Photo/File)
July 09, 2019 - 2:01 pm
DALLAS (AP) — H. Ross Perot, the colorful, self-made Texas billionaire who rose from a childhood of Depression-era poverty and twice mounted outsider campaigns for president, has died. He was 89. The cause of death was leukemia, a family spokesman said Tuesday. Perot, whose 19% of the vote in 1992...
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FILE-- This Nov. 19, 2015 file photo shows a general view of a petrochemical complex in the South Pars gas field in Asaluyeh, Iran, on the northern coast of Persian Gulf. When it comes to saving Iran's nuclear deal, Europe finds itself in the impossible situation of trying to salvage an accord unraveling because of the maximalist U.S. sanctions campaign. (AP Photo/Ebrahim Noroozi, File)
July 09, 2019 - 12:30 pm
BERLIN (AP) — France on Tuesday sent a top diplomat to Tehran to urge Iran to scale back its recently increased uranium enrichment activities, a mission underscored by a call from Europe for the Islamic Republic to return to complying with the terms of the unraveling nuclear deal "without delay."...
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New Finance Minister Christos Staikouras, left, speaks as outgoing Finance Minister Euclid Tsakalotos is seen during a handover ceremony in Athens, Tuesday, July 9, 2019. Greece's new Cabinet was sworn in Tuesday, two days after conservative party leader Kyriakos Mitsotakis won early elections on pledges to make the country more business-friendly, cut taxes and negotiate an easing of draconian budget conditions agreed as part of the country's rescue program. (AP Photo/Thanassis Stavrakis)
July 09, 2019 - 11:34 am
ATHENS, Greece (AP) — Greece's new government will press ahead with tax cuts for households and businesses despite skepticism from creditors, the country's finance minister said Tuesday after he and his Cabinet colleagues were sworn in. Christos Staikouras' comments during a handover ceremony at...
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In this Monday, July 1, 2019 photo, a help wanted sign appears on a bus stop in front of a McDonald's restaurant in Miami. On Tuesday, July 9, the Labor Department reports on job openings and labor turnover for April. (AP Photo/Wilfredo Lee)
July 09, 2019 - 10:22 am
WASHINGTON (AP) — Job openings posted by U.S. employers slipped 0.7% in May, while hires that month tumbled 4.4% in a sign that the job market may be cooling slightly. The Labor Department said Tuesday that employers posted 7.3 million jobs in May. They hired 5.7 million, down from the record 6...
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