Economy

FILE - In this Oct. 2, 2019, file photo specialist Dilip Patel, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 11. (AP Photo/Richard Drew, File)
October 11, 2019 - 5:19 pm
The S&P 500 finished with its first weekly gain in four weeks Friday as investors welcomed a thaw in the punishing trade war between the U.S. and China. After two days of negotiations in Washington, the U.S. agreed to suspend a planned hike in tariffs on $250 billion of Chinese goods that had...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 11, 2019 - 5:04 pm
WASHINGTON (AP) — The Trump administration is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade...
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October 11, 2019 - 5:03 pm
Stocks closed sharply higher Friday as the U.S. and China reached a partial deal on trade and said they would continue negotiating. President Donald Trump agreed to suspend an increase in tariffs on $250 billion in Chinese goods due to kick in Oct. 15. In exchange, China agreed to boost purchases...
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October 11, 2019 - 2:37 pm
NEW YORK (AP) — The head of a popular independent bookstore in California will soon be CEO of the American Booksellers Association. The trade group announced Friday that Allison K. Hill will succeed Oren Teicher, who earlier this year said he was stepping down. Hill, currently president and CEO of...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 11, 2019. Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war.(AP Photo/Eugene Hoshiko)
October 11, 2019 - 2:13 am
BEIJING (AP) — Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war. Benchmarks in Shanghai, Tokyo and Hong Kong all advanced. Traders were encouraged by President Donald Trump's plan to meet Beijing's chief trade envoy. Economists say a...
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Col. Cristian Rueda Ramos, one of several police officers who has been detained by anti-governments protesters, is made to hold an indigenous banner, don a national flag as a cape and a fedora-styled hat, while presented on a stage at the Casa de Cultura in Quito, Ecuador, Thursday, Oct. 10, 2019. An indigenous leader and four other people have died in unrest in Ecuador since last week, the public defender's office said Thursday. (AP Photo/Fernando Vergara)
October 10, 2019 - 6:12 pm
QUITO, Ecuador (AP) — Anti-government protesters paraded captive police officers on a stage Thursday, defying Ecuadorian authorities who are seeking dialogue with opponents, particularly indigenous groups, after more than a week of deadly unrest. The brazen act occurred in the capital of Quito at a...
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FILE - In this Oct. 7, 2019, file photo specialist Dilip Patel, right, work with traders at his post on the floor of the New York Stock Exchange. Banks led stocks broadly higher on Wall Street in afternoon trading Thursday, Oct. 10, placing the market on track to extend its gains from the day before. (AP Photo/Richard Drew, File)
October 10, 2019 - 4:43 pm
Stocks closed broadly higher on Wall Street for the second straight day Thursday as the U.S. and China kicked off a new round of negotiations in their long-running trade war. Technology companies and banks led the rally as investors turned hopeful that the 13th round of trade talks will bring both...
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In this Aug. 21, 2019, photo a worker stocks a produce stand at a metro station in Atlanta. On Thursday, Oct. 10, the Labor Department reports on U.S. consumer prices for September. (AP Photo/David Goldman)
October 10, 2019 - 12:55 pm
WASHINGTON (AP) — Overall consumer prices were unchanged in September as a big decline in energy costs offset small gains in other areas. The flat reading in the Consumer Price Index for September followed a tiny 0.1% August increase and left prices over the past 12 months rising at a modest annual...
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Former Ecuador President Rafael Correa answered questions during an interview with Associated Press in Brussels, Thursday, Oct. 10, 2019. Correa is dismissing as "nonsense" allegations that he is plotting with Venezuela President Nicolas Maduro to destabilize the current Ecuador government amid violent unrest sparked by fuel price hikes. (AP Photo/Francisco Seco)
October 10, 2019 - 11:01 am
BRUSSELS (AP) — Former Ecuador President Rafael Correa on Thursday dismissed as "nonsense" allegations that he is plotting with Venezuela President Nicolas Maduro to destabilize the current Ecuador government amid violent unrest sparked by fuel price hikes. In an interview with The Associated Press...
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October 10, 2019 - 4:50 am
BEIJING (AP) — An annual survey of China's wealthiest businesspeople found they got richer this year despite a tariff war with Washington and slowing economic growth. The Hurun Report said Thursday the average net worth of China's richest 1,800 people rose 10% over 2018 to $1.4 billion. Jack Ma,...
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