Economy

Residents pump drinking water from a well in the village of Barriere Jeudi, outside Leogane, Haiti, Saturday, Oct. 5, 2019. The political turmoil is hitting cities and towns outside the capital of Port-au-Prince especially hard, forcing non-government organizations to suspend aid as barricades ranging from large rocks to burning tires cut off the flow of goods between the city and the countryside, further deepening poverty in places like Leogane. (AP Photo/Rebecca Blackwell)
October 06, 2019 - 3:11 pm
LEOGANE, Haiti (AP) — Gabriel Duvalesse squatted slightly as he prepared to push 50 gallons (190 liters) of cooking oil in an old wheelbarrow to an outdoors market an hour away so he could earn $1. It was his first job in seven days as deadly protests paralyze Haiti's economy and shutter businesses...
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Portuguese Prime Minister and Socialist Party leader Antonio Costa, center right, with his wife Fernanda Tadeu, center, and Lisbon Mayor Fernando Medina, left, wave to supporters during an election campaign action in downtown Lisbon Friday, Oct. 4, 2019. Portugal will hold a general election on Oct. 6 in which voters will choose members of the next Portuguese parliament. The ruling Socialist Party hopes an economic recovery during its four years of governing will persuade voters to return the party to power. (AP Photo/Armando Franca)
October 05, 2019 - 8:53 am
LISBON, Portugal (AP) — A frequent question asked in Portugal ahead of Sunday's general election is not whether the incumbent Socialist Party will win, but by how big a margin. Recent opinion polls suggest the Socialists enjoy a 10-percentage-point lead. That's largely thanks to an economic...
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Manifestantes piden calma durante una protesta para exigir la reununcia del presidente Jovenel Moise, el viernes 4 de octubre de 2019, en Puerto Príncipe, Haití. (AP Foto/Rebecca Blackwell)
October 05, 2019 - 12:02 am
PORT-AU-PRINCE, Haiti (AP) — Haitians are bracing for more upheaval on Saturday as opposition leaders, emboldened by a massive protest demanding the resignation of President Jovenel Moïse, pledged to remain on the streets. Friday marked one of the largest demonstrations since the protests began...
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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 04, 2019 - 5:19 pm
Wall Street ended a choppy week of trading with a broad rally that drove the Dow Jones Industrial Average more than 370 points higher. The gains Friday also gave the S&P 500 index its best day in seven weeks, though the benchmark index still finished with its third straight weekly loss...
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Federal Reserve Chairman Jerome Powell speaks before attending a panel at the Federal Reserve Board Building, Friday, Oct. 4, 2019, in Washington. (AP Photo/Jacquelyn Martin)
October 04, 2019 - 3:38 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the U.S. economy is facing some risks at the moment, but overall it is in a "good place" and the Fed's main job is to "keep it there as long as possible." Powell noted that unemployment is at a half-century low and inflation...
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Wheels of parmesan cheese are on sale with spirits in a deli in Rome, Thursday, Oct. 3, 2019. The U.S. had prepared for Wednesday's ruling and already drawn up lists of the dozens of goods it would put tariffs on. They include EU cheeses, olives, and whiskey, as well as planes, helicopters and aircraft parts in the case _ though the decision is likely to require fine-tuning of that list if the Trump administration agrees to go for the tariffs. (AP Photo/Alessandra Tarantino)
October 04, 2019 - 1:35 pm
CÓRDOBA, Spain (AP) — Olives are harvested the old-fashioned way on Juan Luque's farm in southern Spain, as men thrash the gnarly tree limbs with poles, raining the small green fruit into the motorized collector waiting underneath. But for Luque and thousands of other farmers scattered across...
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FILE - In this July 24, 2019, file photo, the container ship Hansa Augsburg is shown docked at PortMiami in Miami. On Friday, Oct. 4, the Commerce Department reports on the U.S. trade gap for August. (AP Photo/Wilfredo Lee, File)
October 04, 2019 - 8:40 am
WASHINGTON (AP) — The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased more. The politically sensitive gap with China in the trade of goods narrowed. The Commerce Department said Friday that the gap between what the United buys and...
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In this Sept. 17, 2019, photo job seekers line up to speak to recruiters during an Amazon job fair in Dallas. On Friday, Oct. 4, the U.S. government issues the September jobs report. (AP Photo/LM Otero)
October 04, 2019 - 8:38 am
WASHINGTON (AP) — U.S. employers added a modest 136,000 jobs in September, enough to help lower the unemployment rate to a new five-decade low of 3.5%. Hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed and businesses have cut back on their investment...
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October 04, 2019 - 8:32 am
WASHINGTON (AP) — The Latest on the September U.S. jobs report (all times local): 8:30 a.m. The U.S. unemployment rate fell in September to a new five-decade low of 3.5%, while employers added a modest 136,000 jobs. The Labor Department says that despite the ultra-low unemployment rate, which was...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 4, 2019. Asian stocks were mixed Friday after Wall Street rebounded on investor hopes for a U.S. interest rate cut. (AP Photo/Ahn Young-joon)
October 04, 2019 - 7:39 am
BEIJING (AP) — World shares were mixed Friday as investors turn their attention to the monthly U.S. jobs report after a series of gloomy economic news dampened investors’ outlook this week. London and Frankfurt opened higher and Tokyo rose, while Hong Kong declined. Chinese markets were closed for...
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