Financial markets

FILE - In this March 1, 2020, file photo, a department store employee with a mask dresses a mannequin in Tokyo. Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, government data released Monday, Aug. 17, 2020, show. (AP Photo/Jae C. Hong, File)
August 16, 2020 - 10:45 pm
TOKYO — Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday. The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross...
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Zimbabwe journalist Hopewell Chin'ono appears at the magistrates courts while handcuffed in Harare, Wednesday, July, 22, 2020. Chin'ono known for exposing alleged government corruption is now accused of plotting against the government. Hopwell Chin'ono appeared alongside Jacob Ngarivhume, an opposition politician who is accused of conspiring with to mobilize anti government protests planned for July 31.(AP Photo/Tsvangirayi Mukwazhi)
August 16, 2020 - 9:46 am
HARARE, Zimbabwe (AP) — Zimbabwe is embroiled in an economic and political crisis marked by human rights abuses, said the country's Roman Catholic bishops, who were then criticized by the government as “evil” and trying to promote genocide. In a pastoral letter read out at all Catholic churches...
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FILE - In this July 21, 2020 file photo, people walk by the New York Stock Exchange. Stocks are drifting in early Friday, Aug. 14, trading on Wall Street after a report showed that sales for U.S retailers strengthened again last month, but by less than economists expected. (AP Photo/Mark Lennihan, File)
August 14, 2020 - 5:04 pm
NEW YORK (AP) — Stock indexes barely budged on Wall Street Friday, leaving the S&P 500 just shy of its record once again. The S&P 500 edged down 0.58, or less than 0.1%, to 3,372.85 after drifting between small gains and losses throughout the day. They’re the latest meandering moves for the...
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This photo shows a night view of city center in Kuala Lumpur, Malaysia on Aug. 10, 2020. Malaysia has reported its economy contracted 17% in the last quarter in its worst downturn since the global financial crisis. (AP Photo/Vincent Thian)
August 14, 2020 - 3:45 am
KUALA LUMPUR, Malaysia (AP) — Malaysia has reported its economy contracted 17% in the last quarter in its worst downturn since the global financial crisis. The central bank said the real rate of annual growth was 16.5% in the April-June quarter, down from a 2% contraction in the first quarter of...
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FILE -In this June 16, 2020 file photo, a sign for a Wall Street building is shown in New York. Stocks are opening mostly lower on Wall Street Thursday, Aug. 13, a day after the S&P 500 closed just below its pre-pandemic record high. (AP Photo/Mark Lennihan, File)
August 13, 2020 - 5:09 pm
NEW YORK (AP) — Another afternoon fade for stocks left Wall Street just shy of a record on Thursday, after the S&P 500 briefly crossed above its all-time closing high for the second straight day. The S&P 500 dipped 6.92 points, or 0.2%, to 3,373.43. At one point during the day, it climbed...
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FILE - In this Nov. 25, 2019 file photo Federal Reserve Bank of Boston President Eric Rosengren, left, speaks during a round table discussion at Silver Lane Elementary School, in East Hartford, Conn. Rosengren said in remarks delivered online Wednesday, Aug. 12, 2020, that states in the South and West that allowed their businesses to reopen after short shutdowns saw an initial burst of economic activity. But spikes in infection rates soon followed and those states’ economies are now lagging those in the Northeast as consumers have become more cautious. (AP Photo/Steven Senne, file)
August 12, 2020 - 12:30 pm
WASHINGTON (AP) — A top official at the Federal Reserve criticized the decision by many states to reopen businesses this spring before getting the virus fully under control, and said those choices have hindered an economic recovery in the U.S. Eric Rosengren, president of the Federal Reserve Bank...
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FILE - This July 21, 2020 file photo shows The New York Stock Exchange. Stocks are rebounding in early trading on Wall Street Wednesday, Aug. 12, carrying the S&P 500 back toward the cusp of its record high. The benchmark index was up 1% after the first half-hour of trading and on pace for its eighth gain in nine days. (AP Photo/Mark Lennihan, File)
August 12, 2020 - 11:55 am
NEW YORK (AP) — Stocks are rebounding on Wall Street Wednesday, carrying the S&P 500 back toward the edge of its record high. The benchmark index was up 1.3% in morning trading and on pace for its eighth gain in nine days. It pulled within 0.3% of its record, set in February when the...
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FILE - In this June 27, 2019, file photo, then-Democratic presidential candidate Sen. Kamala Harris, D-Calif., listens to questions after the Democratic primary debate hosted by NBC News at the Adrienne Arsht Center for the Performing Art in Miami. (AP Photo/Brynn Anderson, File)
August 11, 2020 - 5:20 pm
WILMINGTON, Del. (AP) — Joe Biden named California Sen. Kamala Harris as his running mate on Tuesday, making history by selecting the first Black woman to compete on a major party’s presidential ticket and acknowledging the vital role Black voters will play in his bid to defeat President Donald...
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FILE - In this June 30, 2020 file photo, a woman wearing a mask passes a sign for Wall Street during the coronavirus pandemic. The S&P 500 is trading above its record closing high Wednesday, Aug. 12, after a rebound for stocks helped the index erase the last of the historic losses taken due to the pandemic. The index was up 1.6% in afternoon trading, with big technology stocks once again leading the way. (AP Photo/Mark Lennihan, File)
August 11, 2020 - 1:20 pm
Stocks are moving higher on Wall Street Tuesday, edging the S&P 500 closer to the all-time high it hit in February, before the coronavirus pandemic knocked the market into a steep plunge. The S&P 500 was up 0.5% in afternoon trading, on pace for its eighth straight gain. The latest up move...
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FILE - In this Saturday, Aug. 8, 2020 file photo, demonstrators wear mask depicting Israel's Prime Minister Benjamin Netanyahu, left, and Defense Minister and coalition partner Benny Gantz, right, during a protest in Jerusalem, Israel. When Netanyahu and his rival, Gantz, agreed to form an “emergency” government in May after three bitter, and ultimately deadlocked, election campaigns, the goal was to stabilize Israeli politics in the face of a global pandemic. Less than 100 days later their fractious coalition government appears to be headed toward collapse as Israel grapples with a raging coronavirus outbreak, an economic calamity and a wave of public protests. (AP Photo/Ariel Schalit, File)
August 11, 2020 - 12:06 pm
JERUSALEM (AP) — When Prime Minister Benjamin Netanyahu and his rival, Benny Gantz, agreed to form an “emergency” government in May after three bitter and deadlocked election campaigns, the goal was to stabilize Israeli politics in the face of a global pandemic. But less than 100 days later, their...
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