Economy

A worker waits to transport containers at the container port in Qingdao in eastern China's Shandong province on Tuesday, Jan. 14, 2020. 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. (Chinatopix Via AP)
January 15, 2020 - 5:58 am
WASHINGTON (AP) — After 18 months of economic combat, the United States and China are set to take a step toward peace Wednesday. At least for now. President Donald Trump and China's chief negotiator, Liu He, are scheduled to sign a modest trade agreement in which the administration will ease some...
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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, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)
January 15, 2020 - 2:58 am
BANGKOK (AP) — Shares retreated in Asia on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Japan's Nikkei 225 index lost 0.5% to 23,916.58 while the Hang Seng in Hong Kong dropped 0.6% to 28,722.86. The Shanghai Composite...
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FILE - This Dec. 12, 2018, file photo shows traffic on the Hollywood Freeway in Los Angeles. The Trump administration is signaling that it could increase fuel economy standards, possibly compromising on its push to freeze them at 2020 levels. In one of the administration's hardest-fought battles to roll back Obama-era environmental regulations, two federal agencies submitted a final rule on gas mileage and greenhouse gas emissions on Tuesday, Jan. 14, 2020. (AP Photo/Damian Dovarganes, File)
January 14, 2020 - 7:54 pm
DETROIT (AP) — The Trump administration is signaling that it could increase fuel economy standards, possibly compromising on its push to freeze them at 2020 levels. In one of the administration's hardest-fought battles to roll back Obama-era environmental regulations, two federal agencies submitted...
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Senate Majority Leader Mitch McConnell, R-Ky., accompanied by Sen. Joni Ernst R-Iowa, and other senators, speaks outside of the Senate chamber, on Capitol Hill in Washington, Tuesday, Jan. 14, 2020. (AP Photo/Jose Luis Magana)
January 14, 2020 - 4:28 pm
WASHINGTON (AP) — Republicans controlling the Senate are taking advantage of delays in President Donald Trump's impeachment trial to speed up a vote on a modified North American trade pact. Thursday's expected vote promises sweeping bipartisan support for legislation implementing the terms of the...
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European Union foreign policy chief Josep Borrell is surrounded by reporters at the European parliament Tuesday, Jan.14, 2020 in Strasbourg, eastern France. Britain, France and Germany have launched action under the Iran nuclear agreement paving the way for possible sanctions in response to Tehran's attempts to roll back parts of the deal, European Union foreign policy chief Josep Borrell said Tuesday. (AP Photo/Jean-Francois Badias)
January 14, 2020 - 2:05 pm
BRUSSELS (AP) — Britain, France and Germany on Tuesday ratcheted up pressure on Iran to stop violating its landmark nuclear deal in a last-ditch effort to resolve their differences through talks while also starting a process that could bring back punishing U.N. sanctions on Tehran. The three...
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FILE - In this Sept. 17, 2019, file photo, a sign outside a gas station displays current prices for fuel in Orlando, Fla. The Labor Department said Tuesday, Jan. 14, 2020, that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. (AP Photo/John Raoux, File)
January 14, 2020 - 1:29 pm
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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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 - 10:43 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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Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, WEF, gestures during a press conference, in Cologny near Geneva, Switzerland, Tuesday, January 14, 2020. The World Economic Forum unveiled the program for its 50th Annual Meeting in Davos, Switzerland, including the key participants, themes and goals. The overarching theme of the Meeting, which will take place from 21 to 24 January, is "Stakeholders for a cohesive and sustainable world".(Valentin Flauraud/Keystone via AP)
January 14, 2020 - 9:58 am
GENEVA (AP) — Iran’s foreign minister has cancelled an expected appearance at next week's World Economic Forum in Davos, Switzerland, organizers said Tuesday, citing the “backdrop of uncertainty” in the Middle East. The move averts a possible crossing-of-paths with top U.S. officials, including...
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January 14, 2020 - 8:57 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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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 - 6:22 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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