Economy

FILE - In this Dec. 15, 2014, file photo, Massachusetts Gov. Deval Patrick speaks during an interview at his Statehouse office in Boston. Former Massachusetts Gov. Patrick is considering making a late run for the Democratic presidential nomination. That is according to people with knowledge of Patrick’s deliberations. (AP Photo/Elise Amendola, File)
November 14, 2019 - 7:24 am
WASHINGTON (AP) — The Latest on former Massachusetts Gov. Deval Patrick’s 2020 presidential bid (all times local): 7:20 a.m. Former Massachusetts Gov. Deval (deh-VAL') Patrick is highlighting his poverty-stricken childhood as he enters the Democratic presidential race with an appeal to voters...
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November 14, 2019 - 5:16 am
BEIJING (AP) — China is pressing Washington roll back punitive tariffs on Chinese goods as the two sides wrangle over terms of an interim trade deal. A Ministry of Commerce spokesman, Gao Feng, said Thursday a tariff cut is an “important condition” of the tentative agreement announced last month...
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In this Nov. 9, 2019, photo, Abbas Ali Kadkhodaei, a prominent member of Iran's powerful Guardian Council, speaks in an interview with The Associated Press, in Tehran, Iran. A prominent member of Iran’s powerful Guardian Council has told The Associated Press that the Islamic Republic should stop honoring the terms of its collapsing 2015 nuclear deal with world powers amid tensions with the U.S. (AP Photo/Vahid Salemi)
November 14, 2019 - 5:11 am
TEHRAN, Iran (AP) — A prominent member of Iran’s powerful Guardian Council has told The Associated Press that the Islamic Republic should stop honoring all terms of the collapsing 2015 nuclear deal with world powers amid tensions with the United States. The comments by Abbas Ali Kadkhodaei show an...
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November 14, 2019 - 2:12 am
BERLIN (AP) — The German economy returned to modest growth in the July-September period, averting a widely-feared recession. The Federal Statistical Office said Thursday gross domestic product grew 0.1% compared with the previous quarter. It says, however, that the economy in the second quarter...
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China's President Xi Jinping, left, and Brazil's President Jair Bolsonaro wave to reporters upon Xi Jinping's arrival for a bilateral meeting on the sidelines of the 11th edition of the BRICS Summit, at the Itamaraty Palace, in Brasília, Brazil, Wednesday, Nov. 13, 2019. (AP Photo/Eraldo Peres)
November 13, 2019 - 5:46 pm
BRASILIA, Brazil (AP) — What a difference a year makes. In the months before last year’s presidential election in Brazil, Jair Bolsonaro described China as predatory and thumbed his nose at the Chinese government by visiting Taiwan, Beijing’s archrival. Now, as a more pragmatic president, Bolsonaro...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome in Washington. On Wednesday, Nov. 13, the Treasury Department releases federal budget data for August. (AP Photo/Patrick Semansky, File)
November 13, 2019 - 5:08 pm
WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last month...
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Trader Stephen Gilmartin, right, works with specialist Dilip Patel on the floor of the New York Stock Exchange, Wednesday, Nov. 13, 2019. Stocks are opening slightly lower on Wall Street led by declines in banks and industrial companies. (AP Photo/Richard Drew)
November 13, 2019 - 5:08 pm
Wall Street capped a wobbly day for stocks with another record-setting finish Wednesday. The Dow Jones Industrial Average and S&P 500 index each eked out a modest gain that was good enough to nudge them to record highs. The Nasdaq closed just below its all-time high set a day earlier. The...
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FILE- In this March 14, 2019, file photo Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio in Hawthorne, Calif. Tesla CEO Elon Musk says the electric car pioneer plans to build a new factory near Berlin. News agency dpa reported that Musk made the announcement during a prizegiving ceremony in the German capital Tuesday evening. (AP Photo/Jae C. Hong, File)
November 13, 2019 - 7:14 am
BERLIN (AP) — Germany on Wednesday hailed Tesla's decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electrics cars. Tesla CEO Elon Musk said during an award ceremony in the German capital Tuesday evening that "we've...
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A currency trader works near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Nov. 13, 2019. Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. (AP Photo/Lee Jin-man)
November 13, 2019 - 1:01 am
BEIJING (AP) — Asian stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. Trump said Tuesday...
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Specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange, Tuesday, Nov. 12, 2019. Stocks are opening slightly higher on Wall Street, led by gains in technology and health care companies. (AP Photo/Richard Drew)
November 12, 2019 - 10:53 pm
BEIJING (AP) — Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. Trump said Tuesday...
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