Economy

FIE - In this Feb. 5, 2019, file photo a ramp worker guides a Delta Air Lines plane at Seattle-Tacoma International Airport in Seattle. Delta Air Lines says it earned $1.1 billion in the fourth quarter by operating more flights and filling a higher percentage of seats. The financial results beat Wall Street expectations. Delta and other U.S. airlines are enjoying a prolonged period of profitability thanks to steadily rising demand for travel. (AP Photo/Ted S. Warren, File)
January 14, 2020 - 8:52 am
Delta Air Lines boosted its fourth-quarter profit to $1.1 billion by adding more flights over the holiday-packed period and stuffing them even more full of passengers. Lower fuel prices helped too, as Delta reported Tuesday that earnings rose 8% over a year earlier and beat analysts' expectations...
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January 14, 2020 - 7:57 am
HAVANA (AP) — The Cuban government is warning citizens to prepare for shortages of cooking gas due to Trump administration sanctions on the island. State media announced Tuesday morning that cylinders of liquid petroleum gas would be scarce for Cubans who buy state-subsidized gas at about 30 cents...
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January 14, 2020 - 7:35 am
WASHINGTON (AP) — Rising energy costs drove U.S. consumer prices higher in December, and American workers’ earnings couldn’t keep up. The Labor Department said Tuesday that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. Over the past year, consumer...
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FILE - In this Tuesday, May 14, 2019, file photo, containers are piled up at a port in Qingdao in east China's Shandong province. China’s exports rose 0.5% in 2019 despite a tariff war with Washington after growth rebounded in December on stronger demand from other markets. Exports to the United States fell 12.5% compared with 2018 after a 14.5% contraction in December, customs data showed Tuesday, Jan. 14, 2020. (Chinatopix via AP, File)
January 14, 2020 - 5:22 am
BEIJING (AP) — China on Tuesday welcomed a U.S. decision ahead of the signing of a trade deal with Beijing to drop it from a list of governments accused of manipulating the value of their currencies to gain an unfair advantage in trade. Just two days ahead of the planned signing of the interim...
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File---Picture taken on Nov.4, 2019 shows the VW logo on a car at a VW factory opening ceremony for electric cars in Zwickau, Germany. (Sebastian Willnow/dpa via AP)
January 14, 2020 - 5:20 am
FRANKFURT, Germany (AP) — Volkswagen has announced record annual sales that could determine whether it keeps its crown as the world's largest automaker. The company based in Wolfsburg, Germany, said Tuesday that it delivered 10.97 million vehicles in 2019. That compares with 10.83 million in 2018,...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Jan. 14, 2020. Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy.(AP Photo/Eugene Hoshiko)
January 14, 2020 - 3:13 am
TOKYO (AP) — Asian shares mostly followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy. Japan's benchmark Nikkei 225 rose 0.7% to finish at 24,025.17, while Australia's S&P/ASX 200 added 0.9% to 6,962.20. South...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. Global stock markets are subdued as investors look ahead to the signing of an interim U.S.-China trade deal. Indexes were mixed in Europe while those in Shanghai, Hong Kong and South Korea finished higher. Investor focus has shifted to the trade deal as concern over potential U.S.-Iranian conflict has faded. (AP Photo/Frank Franklin II, File)
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January 13, 2020 - 9:34 pm
TOKYO (AP) — Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy. Japan's benchmark Nikkei 225 rose 0.7% in morning trading to 24,026.10, while Australia's S&P/ASX 200 added 0.6% to 6,946.80...
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FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun took over Monday, Jan. 13, 2020, as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. (AP Photo/Richard Drew, File)
January 13, 2020 - 6:56 pm
Changing CEOs was the easy part. Now it's up to Boeing's new leader to deal with a crisis caused by two crashes and the grounding of the company's best-selling plane. David Calhoun took over Monday as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Monday, Jan. 13, 2020. Asian stocks have risen as investors shrug off weaker-than-expected American jobs data and look ahead to the signing of a U.S.-China trade deal. Benchmarks in Shanghai, Hong Kong and Southeast Asia all advanced. (AP Photo/Lee Jin-man)
January 13, 2020 - 6:33 am
BEIJING (AP) — Global stock markets were subdued Monday ahead of the signing of an interim U.S.-Chinese trade pact and as concerns about U.S.-Iranian tensions eased. Indexes in Europe were mixed after Shanghai, Hong Kong and South Korea finished higher. Japanese markets were closed for a holiday...
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FILE - This Nov. 25, 2019, file photo shows McDonald's sign above the fast food restaurant near downtown Los Angeles. The Labor Department issued a final rule Sunday, Jan. 12, 2020, that clarifies when a worker is employed by more than one company, an issue that affects franchise businesses such as McDonald's and firms that have outsourced services such as cleaning and maintenance. (AP Photo/Richard Vogel, File)
January 12, 2020 - 7:05 pm
WASHINGTON (AP) — The Labor Department issued a final rule Sunday that clarifies when a worker is employed by more than one company, an issue that affects franchise businesses such as McDonald's and firms that have outsourced services such as cleaning and maintenance. The rule, first proposed last...
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