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FILE - In this May 13, 2019 file photo, the NYSE logo is displayed at the New York Stock Exchange. A broad slide by technology companies pushed U.S. stocks lower in morning trading on Wall Street Monday, May 20 extending losses into another week. The U.S. decision to ban technology sales to China’s Huawei hammered the technology sector, particularly chipmakers. (AP Photo/Mark Lennihan, File)
May 20, 2019 - 1:57 pm

Technology stocks push the market lower, extending losses

Technology companies led a broad slide in stocks Monday afternoon on Wall Street, extending the market's losses into another week. The U.S. decision to ban technology sales to China's Huawei hammered the technology sector, particularly chipmakers. About one-third of Huawei's suppliers are American...
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Uber CEO Dara Khosrowshahi, left, talks with specialist Peter Giacchi before his stock begins trading at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 13, 2019 - 9:03 am

Uber shares continue sliding in first full day of trading

NEW YORK (AP) — Uber shares were down 8% in morning trading and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's rare to see shares in a tech...
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Stock trader Gregory Rowe works at the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 4:07 pm

Stocks rebound as hopes rise that trade tensions will ease

Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods when...
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FILE - In this May 1, 2019, file photo, trader Robert Charmak, left, works on the floor of the New York Stock Exchange. On Monday, May 6, U.S. stocks plunged at the opening of trading, following a sell-off in global markets, after President Donald Trump threatened to escalate a trade war between the world’s two largest economies. (AP Photo/Richard Drew, File)
May 06, 2019 - 2:56 pm

US stocks slide after threat from Trump to raise tariffs

Fresh market jitters over the possibility of an escalation in the costly trade war between the U.S. and China pulled stocks broadly lower on Wall Street Monday. The sell-off, which eased toward the end of the day after an initial steep slump, came a day after President Donald Trump threatened to...
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A woman rides a bicycle past a globe structure on display outside a bank in Beijing, Monday, May 6, 2019. U.S. President Donald Trump raised pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods in a tweet that sent financial markets swooning. Trump's comments, delivered on Twitter, came as a Chinese delegation was scheduled to resume talks in Washington on Wednesday aimed at resolving a trade war that has shaken investors and cast gloom over the world economy. (AP Photo/Andy Wong)
May 06, 2019 - 9:16 am

A grim preview of a trade war takes shape

NEW YORK (AP) — In what could be a grim preview of what's to come if the world's two largest economies square off in a trade war, shares in multinational corporations were hammered Monday on both sides of the Pacific after a tweet from President Donald Trump. That damage would almost certainly...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Pablo Martinez Monsivais, File)
May 01, 2019 - 1:26 pm

Fed foresees no rate hikes amid unusually low inflation

WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation. The Fed left its benchmark rate — which influences many consumer and business loans —...
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FILE - In this undated, file photo provided by Occidental Petroleum Corp., Occidental President and CEO Vicki Hollub poses for a photo. Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company. At stake are choice oil and gas fields spread across Texas and New Mexico, including a 75-mile-wide corridor across the Delaware Basin, a region bountiful with natural gas. (Occidental Petroleum Corp. via AP, File)
April 30, 2019 - 12:31 pm

Berkshire steps into fight for Anadarko on Occidental's side

OMAHA, Nebraska (AP) — Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company. At stake are choice oil and gas fields spread across Texas and New Mexico, including a 75-mile-wide corridor...
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This combo of file photos shows the logo for Anadarko Petroleum Corp. on the floor of the New York Stock Exchange on April 12, 2019, left, and a logo on the Occidental Petroleum building in Los Angeles on Jan. 26, 2010. A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer worth $76 per share in cash and stock that it says is about a 20% premium to Chevron's $33 billion deal. (AP Photos)
April 24, 2019 - 3:42 pm

Occidental tries to outbid Chevron for Anadarko Petroleum

NEW YORK (AP) — A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium to Chevron's deal announced earlier this month, a rare move not often seen in the U.S. oil industry. Houston-based Occidental Petroleum Corp. said the proposed...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing Co. reports earnings Wednesday, April 24. (AP Photo/Ted S. Warren, File)
April 24, 2019 - 7:43 am

Boeing pulls 2019 forecast, suspends buybacks

Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it's suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that missed Wall Street's estimates. Boeing Co. said its previously issued full-year guidance didn't account for 737 Max...
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April 24, 2019 - 1:46 am

Asian markets lower after S&P 500, Nasdaq hit record highs

BANGKOK (AP) — Major share benchmarks were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.3% to 22,000.00 and the Hang Seng in Hong Kong fell 0.5% to 29,825.03. The Shanghai...
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