Economy

October 07, 2019 - 6:57 pm
WASHINGTON (AP) — The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional Budget Office said Monday. The $984 billion deficit tally for 2019 came in more than $200 billion more than last year's, despite very low unemployment and continuing...
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President Donald Trump shakes hands with Japanese Ambassador to the United States Shinsuke Sugiyama, left, and U.S. Trade Representative Robert Lighthizer after they signed a trade agreement in the Roosevelt Room of the White House, Monday, Oct. 7, 2019, in Washington. (AP Photo/Evan Vucci)
October 07, 2019 - 5:15 pm
WASHINGTON (AP) — The United States and Japan signed a limited trade agreement Monday, a deal that would win back benefits American farmers lost when President Donald Trump pulled out of a broader Asia-Pacific pact his first week in office. U.S. farmers have been operating at a disadvantage in...
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Specialists Mario Picone, left, and Anthony Rinaldi work on the floor of the New York Stock Exchange, Monday, Oct. 7, 2019. Stocks are opening broadly lower on Wall Street, extending the market's losing streak into a fourth week. (AP Photo/Richard Drew)
October 07, 2019 - 2:07 pm
Stocks veered modestly higher on Wall Street Monday afternoon following a choppy day of trading that had the market on track to recoup some of its losses from last week. Communication services stocks, technology companies and banks drove much of the gains, offsetting losses in consumer product...
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This photo released by the 9th Regional Japan Coast Guard Headquarters, shows a Japanese Fisheries Agency patrol vessel at the site of its collision with a North Korean fishing boat off the northwestern coast of the Noto Peninsula, Ishikawa prefecture, Japan Monday, Oct. 7, 2019. Japanese authorities said they are searching for several North Korean fishermen thrown to sea off Japan's northern coast after their boat collided with the patrol vessel and sunk early Monday in an area crowded with poachers from the North. (The 9th Regional Japan Coast Guard Headquarters via AP)
October 07, 2019 - 9:24 am
TOKYO (AP) — Japanese authorities said they rescued all of about 60 North Korean fishermen whose boat collided with a Japanese patrol vessel and sank Monday in an area crowded with poachers. Coast guard officials earlier said that only about 20 North Korean crewmembers were thrown into the sea...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Oct. 7, 2019. Asian shares were mixed Monday, following a healthy report on U.S. jobs, while investors cautiously awaited the upcoming trade talks between the U.S. and China. (AP Photo/Ahn Young-joon)
October 07, 2019 - 7:38 am
TOKYO (AP) — Global stock markets were mixed on Monday as investors cautiously awaited the outcome of trade talks between the U.S. and China. Shares in Asia closed mostly lower and Wall Street appeared headed for a drop on the open. U.S. futures pointed to early losses with the contract for the Dow...
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Portuguese Prime Minister and Socialist Party leader Antonio Costa raises his fist while addressing supporters following the announcement of election results in Lisbon Sunday night, Oct. 6, 2019. Portugal's center-left Socialist Party got the most votes in Portugal's general election Sunday, leaving it poised to continue leading the government for another four years. (AP Photo/Armando Franca)
October 07, 2019 - 6:51 am
LISBON, Portugal (AP) — Portugal's Socialist Party had little time Monday to savor its general election victory, as tough negotiations for parliamentary support loomed and the economy braces for leaner times. The center-left Socialists won Sunday's general election with 36.6% of the vote and are...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
October 07, 2019 - 3:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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October 07, 2019 - 2:34 am
BERLIN (AP) — German factory orders, an important indicator for Europe's biggest economy, dropped for the second consecutive month in August — led by lower demand from domestic customers. The Economy Ministry said Monday that orders were 0.6% lower compared with the previous month. That followed a...
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FILE - In this Sept. 13, 2019, file photo specialist Anthony Rinaldi, left, and trader Patrick Casey work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 4. (AP Photo/Richard Drew, File)
October 06, 2019 - 10:51 pm
TOKYO (AP) — Asian shares were mixed Monday, following a healthy report on U.S. jobs, while investors cautiously awaited the upcoming trade talks between the U.S. and China. Japan's benchmark Nikkei 225 lost early gains to be down 0.2% in morning trading at 21,358.56. Australia's S&P/ASX 200...
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Election officials start counting marked ballots after polling stations closed during a parliamentary election in Tunis, Tunisia, Sunday, Oct. 6, 2019. Tunisians were electing a new parliament Sunday amid a tumultuous political season, with a moderate Islamist party and a jailed tycoon's populist movement vying to come out on top of a crowded field. (AP Photo/Riadh Dridi)
October 06, 2019 - 3:54 pm
TUNIS, Tunisia (AP) — Tunisia's moderate Islamist party appeared to be heading for victory in parliamentary elections, according to polling agencies, though the rival party of a jailed populist tycoon also claimed to come out on top of Sunday's voting. The election is seen as important for the...
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