Economy

FILE - In this Monday, Aug. 24, 2015, file photo, a man walks towards the New York Stock Exchange. Stocks are opening moderately higher on Wall Street, Friday, Dec. 8, 2017, as investors welcome a strong U.S. jobs report and signs of progress in Britain's departure from the European Union. (AP Photo/Seth Wenig, File)
December 08, 2017 - 5:43 pm
NEW YORK (AP) — Stocks rose Friday following a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor's 500 index to its third straight weekly gain despite some weakness earlier in the week. The gains were widespread, and telecom and health care stocks helped...
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December 08, 2017 - 5:37 pm
WASHINGTON (AP) — President Donald Trump on Friday signed a spending bill to avoid a government shutdown and keep the federal government running through Dec. 22. The president signed the two-week spending measure in private at the White House after the House and Senate acted to prevent a government...
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British Prime Minister Theresa May and European Commission President Jean-Claude Juncker address a media conference at EU headquarters in Brussels on Friday, Dec. 8, 2017. British Prime Minister Theresa May, met with European Commission President Jean-Claude Juncker early Friday morning following crucial overnight talks on the issue of the Irish border.(AP Photo/Virginia Mayo)
December 08, 2017 - 12:19 pm
BRUSSELS (AP) — Britain and the European Union hailed a breakthrough Friday that allows them to begin talks on their post-Brexit relations without answering some key questions about how their divorce will play out. With pressure building on British Prime Minister Theresa May's fragile government,...
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December 08, 2017 - 3:51 am
BERLIN (AP) — German exports dropped in October for the second straight month while imports grew, narrowing the trade surplus of Europe's largest economy. The Federal Statistical Agency said Friday October exports dropped 0.4 percent over September, following a 0.4 percent decline in September over...
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In this Dec. 6, 2017, aerial photo, a container ship is docked at the Yangshan Deep-Water Port near Shanghai, China. Chinese customs data show strong growth in both exports and imports last month in a reassuring sign for the world's second-biggest economy. (Chinatopix via AP)
December 08, 2017 - 1:42 am
HONG KONG (AP) — China reported strong growth Friday in both exports and imports in November in a reassuring sign for the world's second-biggest economy. Figures posted on the customs department website show exports expanded 12.3 percent to $217.4 billion in November over a year earlier. That's...
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A man walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea, Friday, Dec. 8, 2017. Asian share indexes advanced Friday, guided by Wall Street gains and healthy quarterly economic data from Japan. (AP Photo/Lee Jin-man)
December 08, 2017 - 1:30 am
HONG KONG (AP) — Asian share indexes advanced Friday, guided by Wall Street gains and healthy economic data from Japan and China. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose 1.4 percent to 22,811.08, while South Korea's Kospi was flat at 2,462.08. Hong Kong's Hang Seng rose 1.1 percent...
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FILE - In this Tuesday, May 16, 2017, file photo, a sign advertises that an existing home for sale is under contract in Roswell, Ga. Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion in the fall of 2017, though the gains aren’t widely shared. (AP Photo/John Bazemore, File)
December 07, 2017 - 2:56 pm
WASHINGTON (AP) — Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion this fall, The Federal Reserve said Thursday. The gains, however, aren't widely shared. U.S. wealth has made a remarkable comeback since the recession, when it plummeted...
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FILE - In this Thursday, April 27, 2017 file photo, the President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. A key global forum of banking regulators has completed a new set of rules aimed at keeping bad banks from needing taxpayer bailouts and hurting the economy, it was reported on Thursday, Dec. 7, 2017. Under the latest rules, banks must keep at least 7X percent of the capital buffers under their own internal risk calculations, compared to a stricter measure used by regulators.(AP Photo/Michael Probst, File)
December 07, 2017 - 11:28 am
FRANKFURT, Germany (AP) — A global forum of banking regulators has finished its years-long work on rules that aim to keep weak banks from needing taxpayer bailouts and setting off financial crises like the one that led to the Great Recession. The oversight board of the Basel Committee on Banking...
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Former Russian Economic Development Minister Alexei Ulyukayev is escorted to a court in Moscow, Russia, Thursday, Dec. 7, 2017. Ulyukayev who is on trial for allegedly taking a $2 million bribe is expected to deliver his final argument on Thursday. (AP Photo/Ivan Sekretarev)
December 07, 2017 - 5:05 am
MOSCOW (AP) — Wrapping up one of Russia's most high-profile trials of the year, a former economic development minister charged with bribery on Thursday accused an oil executive of setting him up and apologized for "turning back on other people's misfortunes." Alexei Ulyukayev, the highest-ranking...
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A man stands in front of a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Thursday, Dec. 7, 2017. Share prices were mixed in Asia on Thursday, with Japan and Australia leading gains after U.S. indexes stabilized overnight. (AP Photo/Vincent Yu)
December 07, 2017 - 2:23 am
SEOUL, South Korea (AP) — Share prices were mixed in Asia on Thursday, with Japan and Australia leading gains after U.S. indexes stabilized overnight. KEEPING SCORE: Tokyo's Nikkei 225 jumped 1.5 percent to 22,498.03 and Australia's S&P/ASX 200 rose 0.5 percent to 5,977.70. Hong Kong's Hang...
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