Economy

A lorry arrives to board the first ferry heading to Britain after Brexit, Friday Jan.1, 2021 in Calais, northern France. Britain left the European bloc's vast single market for people, goods and services at 11 p.m. London time, midnight in Brussels, completing the biggest single economic change the country has experienced since World War II. (AP Photo/Lewis Joly)
January 01, 2021 - 10:54 am
LONDON (AP) — A steady trickle of trucks rolled off ferries and trains on both sides of the English Channel on Friday, a quiet New Year’s Day after a seismic overnight shift in relations between the European Union and Britain. The busy goods route between southeast England and northwest France is...
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FILE - In this Thursday, Oct. 29, 2020 file photo, European Council President Charles Michel speaks with EU leaders during an EU Summit video conference at the European Council building in Brussels, to address the need to strengthen the collective effort to fight the COVID-19 pandemic. A last-minute trade deal with the United Kingdom coupled with the rollout of COVID-19 vaccines in the final days of the year produced a sense of success for the 27-nation bloc and brought glimmers of hope to the EU's 450 million residents. (Olivier Hoslet/Pool via AP, File)
January 01, 2021 - 2:06 am
BRUSSELS (AP) — Between the specter of Brexit, the coronavirus pandemic and a new leadership team facing a budget battle, the European Union looked set to remember 2020 as an “annus horribilis.” Instead, a last-minute trade deal with the United Kingdom coupled with the rollout of COVID-19 vaccines...
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FILE - In this July 9, 2020 file photo, the Fearless Girl statue stands in front of the New York Stock Exchange in New York. Stocks are off to a mixed start, Thursday, Dec. 31, on Wall Street on the last day of 2020, a year that saw a breathtaking nosedive in markets in the spring as the coronavirus took hold followed by steady gains in the months that followed as hopes built for an eventual return to something like normal. (AP Photo/Mark Lennihan, File)
KNSS News
December 31, 2020 - 6:17 pm
Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks of the coronavirus pandemic. The benchmark S&P 500 index finished with a gain of 16.3% for the year, or a total...
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People raise a glass and celebrate in Parliament Square as the bell known as Big Ben strikes 2300, and Britain ends its transition period and formally leaves the European Union in London, Thursday, Dec. 31, 2020. Due to the coronavirus pandemic and the restrictions on gatherings people were moved on by police if they met in any number .(AP Photo/Matt Dunham)
December 31, 2020 - 5:42 pm
LONDON (AP) — Britain’s long and sometimes acrimonious divorce from the European Union ended Thursday with an economic split that leaves the EU smaller and the U.K. freer but more isolated in a turbulent world. Britain left the European bloc’s vast single market for people, goods and services at 11...
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FILE - In this Aug. 26, 2020 file photo, a farmer discs over a corn field on at a farm north of Woodward, Iowa. The corn was damaged beyond salvage by the recent derecho. Thanks to the government paying nearly 40% of their income, U.S. farmers are expected to end 2020 with higher profit than 2019 and the best net income in seven years, the Department of Agriculture said in its latest farm income forecast. Farmers faced challenges throughout 2020 that included the impact of trade disputes; low prices that drove down cash receipts and weather difficulties. (Bryon Houlgrave/The Des Moines Register via AP File)
December 31, 2020 - 1:36 pm
DES MOINES, Iowa (AP) — Thanks to the government paying nearly 40% of their income, U.S. farmers are expected to end 2020 with higher profit than 2019 and the best net income in seven years, the Department of Agriculture said in its latest farm income forecast. Farmers faced challenges throughout...
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A "Now Hiring" sign hangs on the front wall of a Harbor Freight Tools store, Thursday, Dec. 10, 2020, in Manchester, N.H. The number of Americans seeking unemployment benefits fell by 19,000 to a still-high 787,000, evidence that the job market remains under stress as a resurgent coronavirus continues to batter the economy. (AP Photo/Charles Krupa)
December 31, 2020 - 8:44 am
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell by 19,000 last week to still historically high 787,000 as a resurgent coronavirus grips the U.S. economy. While at the lowest level in four weeks, the new figures released Thursday by the Labor Department are nearly four...
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In this photo released by China's Xinhua News Agency, Chinese President Xi Jinping delivers a New Year's address in Beijing, Thursday, Dec. 31, 2020. China has made major progress in developing its economy and eradicating rural poverty over the past year despite the coronavirus pandemic, Xi said.(Ju Peng/Xinhua via AP)
December 31, 2020 - 6:32 am
BEIJING (AP) — China has made major progress in developing its economy and eradicating rural poverty over the past year despite the coronavirus pandemic, Chinese President Xi Jinping said in a New Year address Thursday. China was the first major economy to register positive economic growth in 2020...
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FILE - In this Thursday, Jan. 30, 2020 file photo, Pro-EU supporter Peter Cook unfurls a Union and EU flag prior to a ceremony to celebrate British and EU friendship outside the European Parliament in Brussels. Eleven months after Britain’s formal departure from the EU, Brexit becomes a fact of daily life on Friday, Jan. 1, 2021. (AP Photo/Virginia Mayo, File)
December 31, 2020 - 2:58 am
BRUSSELS (AP) — The New Year could finally bring a fresh start and a commitment to let bygones be bygones for Britain and the European Union. But don’t bet on it. The U.K. has chosen to leave the EU, setting a course away from the continental mainland. But the two sides’ histories have been too...
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FILE - In this Dec. 11, 2020, file photo, Taylor Wood and her boyfriend, Ryan Bowser, talk to Wood's 10-year-old daughter, Freya Wood, in Corvallis, Ore. The family, which has been living in the apartment for more than two years, has missed three rent payments during the pandemic. As the economic effects of the coronavirus pandemic stretch into 2021, millions of U.S. renters are bracing for the possibility of having to show up in housing court to avoid getting evicted. But unlike their landlords, only a small fraction of them will do so flanked by an attorney. (AP Photo/Sara Cline, File)
December 31, 2020 - 12:23 am
WASHINGTON (AP) — As the economic effects of the coronavirus pandemic stretch into 2021, millions of U.S. renters are bracing for the possibility of having to show up in housing court to avoid getting evicted. But unlike their landlords, only a small fraction of them will do so flanked by an...
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UK chief trade negotiator David Frost looks on as Britain's Prime Minister Boris Johnson signs the EU-UK Trade and Cooperation Agreement at 10 Downing Street, London Wednesday Dec. 30, 2020. The U.K. left the EU almost a year ago, but remained within the bloc’s economic embrace during a transition period that ends at midnight Brussels time —- 11 p.m. in London — on Thursday. European Commission President Ursula von der Leyen and European Council President Charles Michel signed the agreement during a brief ceremony in Brussels on Wednesday morning then the documents were flown by Royal Air Force plane to London for Johnson to add his signature. (Leon Neal/Pool via AP)
December 30, 2020 - 5:34 pm
LONDON (AP) — Britain’s Parliament voted resoundingly on Wednesday to approve a trade deal with the European Union, paving the way for an orderly break with the bloc that will finally complete the U.K.’s long and divisive Brexit journey. With just a day to spare, lawmakers in the House of Commons...
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