Economy

Sun rays fall through the clouds over the banking district as a runner passes by in Frankfurt, Germany, Tuesday, Dec. 11, 2018. (AP Photo/Michael Probst)
December 18, 2018 - 6:55 am
BERLIN (AP) — Worries are growing about the strength of the German economy, Europe's largest, after a key indicator suggested fears about trade wars and Brexit are hitting business activity and after the country's main stocks index slid into a bear market. The Ifo Institute said Tuesday its...
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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, Tuesday, Dec. 18, 2018. Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. (AP Photo/Lee Jin-man)
December 18, 2018 - 6:53 am
SINGAPORE (AP) — World stocks stabilized Tuesday, with Wall Street expected to edge up after heavy losses the day before, as traders prepare for a likely interest rate hike by the Federal Reserve. KEEPING SCORE: In Europe, Germany's DAX was 0.5 percent higher at 10,820 after falling into a bear...
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In this photo provided by the UK Parliament, Britain's Prime Minister Theresa May delivers a speech in the House of Commons in London, Monday, Dec. 17, 2018. Prime Minister Theresa May said Monday that the postponed vote in Parliament on Britain's Brexit agreement with the European Union will be held the week of Jan. 14 — more than a month after it was originally scheduled and just 10 weeks before Britain leaves the EU. (Jessica Taylor/UK Parliament via AP)
December 18, 2018 - 6:20 am
LONDON (AP) — The British Cabinet was meeting Tuesday to discuss ramping up preparations for Britain's departure from the European Union without a deal, after Prime Minister Theresa May postponed Parliament's vote on her divorce agreement until mid-January. The discussions are expected to center on...
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Chinese President Xi Jinping applauds during a conference to commemorate the 40th anniversary of China's Reform and Opening Up policy at the Great Hall of the People in Beijing, Tuesday, Dec. 18, 2018. (AP Photo/Mark Schiefelbein)
December 18, 2018 - 1:42 am
BEIJING (AP) — China will never seek hegemony, President Xi Jinping said Tuesday as global concerns persist over the country's growing economic influence. During a speech to mark 40 years of market reforms, Xi repeated China's commitment to a multilateral trading system and further opening of its...
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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, Tuesday, Dec. 18, 2018. Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. (AP Photo/Lee Jin-man)
December 17, 2018 - 10:46 pm
SINGAPORE (AP) — Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. KEEPING SCORE: Japan's Nikkei 225 index was 1.2 percent lower at 21,242.66 and the Kospi in South Korea dropped less than 0.1 percent to 2,070.54. Hong Kong'...
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December 17, 2018 - 6:40 pm
UNITED NATIONS (AP) — The presidents of Serbia and Kosovo traded accusations Monday at the U.N. Security Council over Kosovo's decision to transform its 4,000-strong security force into a regular army and Serbia's threat of armed intervention — but both expressed their readiness for dialogue...
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December 17, 2018 - 6:18 pm
WASHINGTON (AP) — President Donald Trump has authorized the Agriculture Department to launch the second and final round of $11 billion in trade mitigation payments to farmers hard hit by tariffs. In a tweet on Monday, Trump said he is fulfilling a promise to protect farmers against "unjustified...
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FILE- In this Dec. 12, 2018, file photo trader Gregory Rowe works at the New York Stock Exchange, Wednesday, Dec. 12, 2018, in New York. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 15. (AP Photo/Mark Lennihan, File)
December 17, 2018 - 4:23 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month. Longtime market favorites like Microsoft and Amazon took heavy losses Monday...
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FILE - In this July 2, 2015 file photo, Russian metals magnate Oleg Deripaska attends Independence Day celebrations at Spaso House, the residence of the American Ambassador, in Moscow, Russia. A day after the World Economic Forum said it will include a Russian delegation at the forum, Kremlin spokesman Dmitry Peskov on Monday Dec. 17, 2018, welcomed the announcement that billionaires Oleg Deripaska and Viktor Vekselberg, and the head of the state-controlled bank VTB Andrei Kostin, will be able to attend the annual gathering in the Swiss ski resort of Davos in January. (AP Photo/Alexander Zemlianichenko, File)
December 17, 2018 - 4:21 pm
MOSCOW (AP) — The Kremlin said Monday that three high-profile Russian tycoons who are facing U.S. sanctions have been cleared to return to the World Economic Forum in Davos, following reports that they had been disinvited. WEF organizers had reportedly shunned billionaires Oleg Deripaska and Viktor...
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In this photo provided by the UK Parliament, Britain's Prime Minister Theresa May delivers a speech in the House of Commons in London, Monday, Dec. 17, 2018. Prime Minister Theresa May said Monday that the postponed vote in Parliament on Britain's Brexit agreement with the European Union will be held the week of Jan. 14 — more than a month after it was originally scheduled and just 10 weeks before Britain leaves the EU. (Jessica Taylor/UK Parliament via AP)
December 17, 2018 - 1:23 pm
LONDON (AP) — Prime Minister Theresa May said Monday that the postponed vote in Parliament on Britain's Brexit agreement with the European Union will be held the week of Jan. 14 — more than a month after it was originally scheduled and just 10 weeks before Britain leaves the EU. But even as May...
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