Economy

Protesters shout slogans during a rally demanding full compensation and an apology for wartime sex slaves from Japanese government in front of the Japanese Embassy in Seoul, Wednesday, July 17, 2019. In his strongest comments yet on a growing trade dispute, South Korean President Moon Jae-in urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan more than South Korea. The signs read: "Apology and compensation." (AP Photo/Ahn Young-joon)
July 17, 2019 - 2:45 am
SEOUL, South Korea (AP) — The United States fully understands the seriousness of South Korea's festering trade dispute with Japan, a high-ranking Seoul official said Wednesday after a meeting with the top U.S. diplomat for East Asian affairs. David Stilwell, the Assistant Secretary of State for the...
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FILE - In this June 18, 2019, file photo specialist Mario Picone, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 16. (AP Photo/Richard Drew, File)
July 16, 2019 - 4:55 pm
NEW YORK (AP) — Stocks ended a five-day winning streak on Tuesday as investors cautiously assessed the first big round of corporate earnings reports. Technology companies fared the worst, weighed down by a 1.3% drop by Microsoft and a 1.9% slide from Intel. Johnson & Johnson led health care...
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FILE - In this July 9, 2019 file photo, Virginia Gov. Ralph Northam, right, listens to speakers along with Richmond Mayor Levar Stoney, left, during a rally at the State Capitol in Richmond, Va. Northam is struggling to raise big money in a key election year after a blackface scandal nearly ended his political career. New campaign finance reports filed Monday, July 15 show the Democratic governor raised slightly more than $300,000 between April and June. That’s far below the seven-figure hauls his predecessors, former Govs. Terry McAuliffe and Bob McDonnell, raised during similar periods when they were in office. (AP Photo/Steve Helber, File)
July 16, 2019 - 4:23 pm
RICHMOND, Va. (AP) — Virginia Gov. Ralph Northam is struggling to raise big money in a key election year after a blackface scandal nearly ended his political career. But he's also managed to remain a major source of campaign cash for Democrats, including those who have previously called on him to...
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FILE - In this July 17, 2018, file photo UPS employee Liz Perez unloads packages for delivery in Miami. On Monday, July 15, 2019, the first day of Amazon Prime Day's 48-hour sales event, large retailers, those that generated annual revenue of at least a billion dollars, enjoyed a 64% increase in online sales compared with an average Monday, according to Adobe Analytics, which measures 80 of the top 100 retailers on the web in the U.S. (AP Photo/Lynne Sladky, File)
July 16, 2019 - 1:04 pm
NEW YORK (AP) — The gravitational pull of Amazon Prime Day is so strong on shoppers it's benefiting other retailers as well, according to an early analysis from a key data group. On Monday, the first day of its 48-hour sales event, large retailers, those that generated annual revenue of at least a...
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FILE - In this Nov. 29, 2018, file photo, victims of Japan's forced labor and their family members arrive at the Supreme Court in Seoul, South Korea. Colonial-era Korean laborers on Tuesday, July 16, 2019, are seeking a court's approval for the sales of local assets of their former Japanese employer after it refused to comply with a court order to compensate them for forced labor decades ago. The sign reads "Mitsubishi Heavy Industries should compensate and apologize to victims of forced labor." (AP Photo/Ahn Young-joon, File)
July 16, 2019 - 11:49 am
SEOUL, South Korea (AP) — Colonial-era Korean workers want a court to allow the sale of assets of their former Japanese employer so they can be compensated for forced labor decades ago. The development comes as South Korea and Japan spar over historical issues and a decision by Tokyo to tighten...
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July 16, 2019 - 10:02 am
HARARE, Zimbabwe (AP) — Representatives of Zimbabwe's government workers Tuesday protested against what they called "slave salaries" as inflation almost doubled to 176%, a decade high that highlights the country's rapidly deteriorating economy. Holding placards and singing songs denouncing the...
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In this Nov. 29, 2018 photo a Chase Bank logo is attached to an exterior wall at a bank location, in Dedham, Mass. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. (AP Photo/Steven Senne)
July 16, 2019 - 9:47 am
NEW YORK (AP) — Banking giant JPMorgan Chase & Co. said Tuesday that its second quarter profits grew by 16% from a year ago, helped by lower taxes and the ability to charge businesses and consumers more to borrow money. The nation's largest bank by assets said Tuesday that it earned $9.65...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. The Goldman Sachs Group Inc. reports financial results on Tuesday, July 16, 2019. (AP Photo/Richard Drew, File)
July 16, 2019 - 8:20 am
NEW YORK (AP) — Goldman Sachs said its second quarter profit fell 6% from a year earlier, as the Wall Street firm saw declines across most of its businesses. However the results were much better than what analysts' had forecast, pushing shares higher in premarket trading. The New York-based bank...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 16, 2019. Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. (AP Photo/Ahn Young-joon)
July 16, 2019 - 4:32 am
TOKYO (AP) — Global shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. France's CAC 40 inched up 0.1% in early trading to 5,584.67, while Germany's DAX was flat at 12,387,54. Britain's FTSE 100 gained 0...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 9:04 pm
WASHINGTON (AP) — It's House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell vs. hardliners in the White House as lawmakers pursue a deal on federal spending and the debt. And the hardliners, wary of further increases to federal spending, appear to be losing. Talks between Pelosi and...
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